Kelly Jackson
@Kelly.Jackson · Posted 29 Dec. 2021

The EOS platform is powered by EOS tokens, which are ERC 20 tokens. EOS tokens can be staked to provide network resources such as RAM and CPU. The staked EOS tokens can also be used to generate EOS coins, which provide the platform's native currency. All EOS tokens are currently ERC 20 tokens, which can be stored and transferred in a variety of ways, including in exchanges. The ERC 20 token is the standard for Ethereum tokens. Invented by Fabian, there is a list of rules that a token must follow to be recognized as an ERC 20 token. The most important rule in the ERC 20 token is the requirement that a transfer or “transfer” function must be called to transfer the token. This makes it possible for other developers to build on top of the ERC 20 token and expand its functionality.

Jane Martin
@Jane.Martin · Posted 29 Dec. 2021

The EOS token is used on the EOS platform. It's a cryptocurrency like Bitcoin, Ethereum, and Litecoin, and it's used to run dApps and smart contracts on the EOS platform. The EOS platform is a blockchain operating system that allows developers to build their applications, similar to how you can build apps on iOS or Android. Unlike Bitcoin and Ethereum, which are mostly used as a means of exchange, EOS is designed to run dApps. Today, the EOS platform is a powerhouse. It boasts the highest performance of any decentralized network, a superfast throughput of nearly 5,000 transactions per second. But EOS wasn’t always this way. It used to be a digital token like any other. The EOS token is an ERC 20 token. It’s currently the most widely used blockchain platform in the world, and it’s set to become the most powerful platform on the planet. The EOS main net is live, and it’s the biggest blockchain launch in history. The EOS token is used to access the EOS platform, and it gives you the power to vote on protocol-level decisions, and the opportunity to earn tokens by staking them in specialized EOS wallets.