When you think of EOS blockchain, a high-performance blockchain designed for decentralized apps with zero transaction fees. Also known as EOSIO, it was once one of the most hyped platforms for building DeFi and dApps without gas fees. Unlike Ethereum, which charges users for every action, EOS promised free transactions by using a delegated proof-of-stake system. That meant users didn’t pay to send tokens or interact with smart contracts — instead, token holders voted for block producers who kept the network running. It sounded perfect for mass adoption.
But EOS wasn’t just about fees. It was built for speed. While Bitcoin processes 7 transactions per second and Ethereum handles around 30, EOS claimed it could manage millions. That’s not marketing fluff — early tests showed it could process thousands per second with near-instant finality. That made it attractive for games, social apps, and trading platforms. Projects like EOSIO, the open-source software powering the EOS blockchain were used by developers who wanted to avoid Ethereum’s congestion. But the same features that made EOS fast also made it centralized. Only 21 block producers controlled the network, and if they colluded, users had little recourse. That’s a big risk for something meant to be decentralized.
Over time, EOS lost momentum. The hype faded as developers moved to Solana, Avalanche, and other chains with better tooling and stronger communities. EOS token prices dropped hard. Many projects built on it either shut down or migrated. Still, it’s not dead. Some niche DeFi apps and gaming platforms still run on it, and the codebase lives on as EOSIO — used by other blockchains looking for scalable infrastructure. If you’re digging into crypto history, or wondering why some old airdrops still show up in your wallet, you’re likely dealing with something tied to this chain.
What you’ll find below are real posts about EOS-related tokens, scams, and projects that tried to ride its wave — from fake airdrops pretending to be official EOS drops, to tokens built on its network that vanished overnight. These aren’t just random stories. They’re lessons in what happens when a blockchain promises too much and delivers too little. Whether you’re checking an old wallet, avoiding a scam, or just curious about why EOS isn’t in the headlines anymore, these posts give you the unfiltered truth.
EOSex was a crypto exchange that promised 100% profit-sharing to EXP token holders. Launched in 2018, it vanished by 2020. Here's what happened - and why you should avoid it today.
