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EOS is a blockchain platform for the development of decentralised applications (DApps), similar to Ethereum in function. In fact, supporters have dubbed it as an “Ethereum killer”. The main idea behind EOS is to bring together the best features and promises of the various smart contract technologies out there (e.g. the security of Bitcoin, the computing support of Ethereum). Notable applications planning to use the EOS.IO platform include the online encyclopedia Everipedia and the social network Steemit. EOS is the native token of EOS.IO, comparable to Ether running on the Ethereum blockchain.
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