EOS is a blockchain platform designed to create decentralized applications (gapps) of any scale. The project is distinguished by the absence of transaction fees or "gas", the whitepaper says that IOS can process millions of transactions per second, and also uses the original DPoS (Delegated Proof-of-Stake) consensus algorithm.

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🎆 Happy New Years from the #EOS Network Foundation 🎆

We're grateful to the entire $EOS community for their support &amp; dedicated work growing the ecosystem in 2022 📆

Here's to another epic year of innovative progress for the network &amp; Web3 as a whole 🥂 https://t.co/5ElkgMSnBG

Happy New Years from the #EOS Network Foundation.