EOS.....i've heard it told....is like an operating system for blockchain-based applications, like steemit or the bitshares DEX or Ethereum......thousands of them. An Ethereum contract is being used only for the distribution of the ERC20 which will be mapped to a distribution of EOS once the network is live.
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So, is it going to be something like Etherium on steroids?
Lol! I've definitely heard that mentioned somewhere!