EOS is a software that introduces a blockchain and is designed to enable vertical and horizontal scaling of decentralized applications. This is achieved through an operating system.
The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across hundreds of CPU cores or clusters. The resulting technology is a blockchain architecture that scales to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment of decentralized applications.
EOS tokens are ERC-20 compatible tokens distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract (the “EOS Tokens”).The founders tokens represent 10% of the aggregate EOS Token and are currently held in Smart Contracts.