Challenge EOS

By @browser202q9/19/2020challengeeos

EOS.IO works by giving each participant a certain amount of power, or a stake, which is dependent on how many EOS tokens they own. This is known as a token ownership model. Each network participant, or ‘node’, can elect representatives to maintain the blockchain, through a system called delegated proof of stake (DPoS). Individuals will make a transaction using the EOS token, which is then approved through the DPoS protocol before being recorded onto one of EOS’s multiple blockchains.

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