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EOS software was created in 2017 by Dan Larrimer (founder of Steem and Bitshares) for scaling decentralized applications. This crypto investment has a variety of uses scheduled across hundreds of computing clusters. EOS utilizes parallel processing to speed up transactions and Proof of Stake for its public blockchain info. EOS runs on Ethereum smart contracts for its tokens verification. Its network is spread across servers which produce the next blocks. Block rewards incentivize the servers to host the EOS applications. Unlike Ethereum, EOS doesn’t charge users for each transaction which should make the technology more popular. Do you feel like you need blockchain for dummies? For concise blockchain info check out CryptoScores “Crypto Academy”.