Just like Ethereum, EOS is a blockchain system for building smart contracts. EOS aims to simplify the integration of smart contracts and decentralized app development on a platform designed to scale infinitely. Unlike most competitors, EOS.IO platform supports WebAssembly programming languages like C++, Java and Python.

Due to its unique structure, EOS cryptocurrency is able to process millions of transactions per second, making it one of the fastest distributed ledger databases on the market.