In a departure from earlier announcements, the company now says its Facebook rival, Voice, "will be run on a purpose-made EOSIO blockchain."
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EOS is a cryptocurrency designed to support large-scale applications. There are no fees to send or receive EOS. Instead, the protocol rewards the entities that run the network periodically with new EOS, effectively substituting inflation for transaction fees.
Ethereum alone accounted for $12.8 billion in transaction volume across its various decentralized applications, according to analytics site DappReview.
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