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EOS token was launched through an ICO in June 2017. EOS’s platform, which was expected to launch in June 2018, is due to be a direct competitor to Ethereum and NEO.

EOS has been created by Dan Larimer who is also the founder of the cryptocurrency exchange Bitshares and blockchain-based blogging site Steemit.

EOS is building a platform for developers to build decentralized applications and smart contracts, but with a vast improvement in technology.

Pros of EOS

EOS is supposed to be much more scalable than Ethereum because it uses an advanced mechanism (Delegated Proof-of-Stake + Byzantine Fault Tolerance) to verify transactions. It is allegedly capable of achieving 10,000-100,000 transactions per second.
Unlike some of the other top cryptocurrencies, EOS supports multiple languages, including C++.
EOS has a highly experienced team with a proven track record.
Cons of EOS

The biggest issue is that the platform has still not been launched so no one knows for sure how good or bad it actually will be.
Historical performance

Launched in July 2017, EOS raised $700 million in its ICO over by the time January 2018 came by. It has raised even more since then. 
All things considered, EOS is undoubtedly one of the top cryptocurrencies for 2021.

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