EOSIO blockchain is a decentralized system that is powered by its native cryptocurrency, EOS, and supports decentralized applications (DApps) on its platform. Its native EOS tokens are often used for business purposes and can be used as a "stake" for funding DApps in the EOS ecosystem. Introduced in May 2017 by block.one, EOS does not stand for anything specific, because its creators have never formally defined it. Dan Larimer, who foundedBitshares and Steem, is the CTO of block.one.
EOS is a decentralized application blockchain infrastructure. The primary focus is on the protocol's scalability, flexibility and usability. Additional information about EOS coin can be found at https://eos.io/.
EOS staking is called "block production." Block Producers launch nodes to support EOS Mainnet. Everyone who has EOS tokens can vote for Block Producers of their choice. The 21 Block Producers with the most votes will be the only one to actually produce the blocks. Each token has the opportunity to vote for 30 different block manufacturers. However, one token cannot be used to vote for the same BP twice. This means that if only 1 Block Producer votes for them, they will receive only 1 vote for each token that you stake.