The EOS token was first conceived on the Ethereum blockchain to raise funds for its ICO developments. However, come 1st June 2018, all the tokens distributed will be transferred to the Mainnet, signalling EOS’ official switch from ERC-20 tokens to their own native platform.
For a quick background, EOS.io is a project that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. The advanced blockchain technology allows for the potential to scale to millions of transactions per second (tps), eliminates user fees and allows for quick and easy deployment of decentralized applications.
However, in case you aren’t aware, the existing tokens will be frozen and all EOS token holders need to register before 1st June 2018. Failure to do so would likely result in loss of all your funds held in EOS!
Uphill Task for EOS Mainnet Token Swop
Unfortunately, the registration of the ......