October 8th 2020, Limassol, Cyprus – 1xBit Casino Sportsbook has announced its support for one of the markets hottest cryptocurrencies, EOS. The PoS (delegated-proof-of-stake) token is used on the EOS platform for developers to build Dapps, but also offers the everyday user a rapid, free transfer of value. With these efficient attributes at the core of the EOS token, 1xBit instantly saw a great use-case for its service, and great benefits for its loyal community of players.
Unlike other popular cryptocurrencies like BTC and ETH that come with costly transaction fees, EOS transactions do not require the sender to spend any gas. Instead, EOS users all share a communal network bandwidth connection, and use a small amount of RAM via their computers to run the network.
In addition to transaction savings, EOS users will not have to wait very long for their deposits or withdrawals to process, as the EOS blockchain is capable of processing up to 4000 transactions per second. For some context, EOS competitor and second…