About EOS (EOS)
 

EOS trading has been suspended pending the token swap. You can find out more, and how to swap your tokens here.

Overview

EOS is a protocol token much like Ethereum, that uses smart contracts and decentralised applications (dApps). EOS underwent the move from ERC-20 tokens to mainnet in July 2018. The token is trying to bring together the most significant features of various other technologies such as the computing support of Ethereum and Bitcoin's security. The EOS vision is to build a platform that provides a smooth experience to app developers, entrepreneurs, and users.

Technical

EOS is hugely scalable with the ability to do thousands of transactions per second. One of the most recent improvements EOS has made is a database that has access to accounts and stores user data on a local machine off of the blockchain. When an account is compromised, there is a recovery setting with various methods of proving your identity. The EOS network is free to use regarding building apps on the platform meaning that companies and developers are free to come up with their service fees for users. Cloud storage is part of EOS; this means that app developers can build applications and deploy applications and web interfaces with hosting, cloud storage and download bandwidth provided by the EOS system. This opens developers up to bring their ideas into reality free from the demands of securing storage and bandwidth.

Future Focus

The EOS project is developed by a company called 'Block One,' run by Dan Larimer (co-founder of both Bitshares and Steemit) and Brendan Bloomer. The EOS team is on track with the roadmap proposed earlier in 2017 and continues to work away at development with high speed. For more information regarding EOS visit the official website.

A wallet is essentially a bank account for your cryptocurrency and the wallet address is like your account number. The sender of the cryptocurrency needs a wallet address so they have somewhere they can send it from their wallet, much like a bank transfer. This wallet is giving you access to the blockchain where you can view your balance, send and receive cryptocurrency.

For information please read our beginners guide to cryptocurrency wallets.

POLI - internet banking

POLI is secure and fast. It links directly to your internet banking – login with your normal details and the rest is easy. No extra fees or surcharges. Watch this short video to see how it works.

Buy EOS (EOS)


Please note that you may experience a delay in receiving a custom order for this currency.

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Need to know

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Storing your coins with Wallets

A wallet is essentially a bank account for your cryptocurrency and the wallet address is like your account number. The sender of the cryptocurrency needs a wallet address so they have somewhere they can send it from their wallet, much like a bank transfer. This wallet is giving you access to the blockchain where you can view your balance, send and receive cryptocurrency.

For information please read our beginners guide to cryptocurrency wallets.

Pay with POLI. Its fast!

POLI - internet bankingPOLI is secure and fast. It links directly to your internet banking – login with your normal details and the rest is easy. No extra fees or surcharges. Watch this short video to see how it works.

About Bitcoin

Bitcoin (BTC) is a form of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds. Transactions are stored on a distributed, immutable, online, public ledger known as a blockchain. Bitcoin was the first truly decentralised cryptocurrency which was created by a programmer under the pseudonym Satoshi Nakamoto and was released in 2009. The system is peer-to-peer, verified by network nodes and recorded in a public distributed ledger called the blockchain. Bitcoin can be exchanged for other currencies, products, and services with over 100,000 merchants and vendors accepting bitcoin as payment. Bitcoin can also be held as an investment. There are only a fixed number of Bitcoin will ever be mined (21 million), it’s not controlled by any one government or central bank, and there’s no such thing as quantitative easing or fractional reserve banking. These qualities make Bitcoin excellent as a store of value and a long-term safe-haven asset, similar to gold.

A Bitcoin success story that went viral on social media is Kristoffer Koch from Norway. Koch invested around $27 in Bitcoin in 2009 and then forgot about it for four years. He remembered about his Bitcoin wallet in 2013, which had then grown in value to $886,000.

Buy Bitcoin

Due to the price of sending and sourcing BTC the minimum order is $500.00.

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