Well in Eos the tokens are given "space" to access the processors, bandwidth, network storage etc. to run apps. So yes it has bandwidth use steem has. In fact Eos is made by the creator of steem Dan but a even faster version of steem with smart contracts. It steem+eth gives you Eos
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Do you think it will be a bigger hit than Steem itself? If so it will be interesting when they will be launching their own social media platform. If it's in the next year timeframe. Also curious if they will have a similar rent power out system. Something that is clear for content creators is that this is a golden Age to work hard and be your own boss! 👷
Dan the creator of steem if you don't know-got angry at steem. He has said he will create steem 2.0 on Eos. Plus another social network is being built on Eos.
http://www.asiaone.com/business/ono-the-first-blockchainbased-social-network-in-china-officially-announces-running-for-eos
I going to post a article more in depth on Eos if you want more info on it.
In short. Do you know why exactly he got angry at Steem?