EOS is a Blockchain-Based, decentralized system that enables the development, hosting, and execution of commercial-scale decentralized applications on its platform.
EOS supports everything for businesses and privat persons to create blockchain-based applications on there side. They provide secure access and authentication, permissioning, data hosting, usage management, and communication between the dApps and the Internet for the users.
The EOS token is a Cryptocurrency to the EOS Network. A developer simply needs to hold EOS coins, instead of spending them, to be eligible to use network resources and to build and run dApps. A token holder who is not needing any net work resoureces, can borrow or sell them to others.
Because there are several other networks like EOS, EOS is concentrating on critical points of Blockchains such as speed, scalability and fexability. EOS.IO attempts to address these problems by offering more scalability, flexibility, and usability through other uniq meachanism.