![Crypto Terms Glossary: What is EOSIO? Crypto Terms Glossary: What is EOSIO?](/img/59/512/what-is-eosio-sm.webp)
The EOSIO Network is a smart contract and decentralized application (dApp) development platform. Unlike many other blockchain networks, EOSIO does not charge direct transactional fees for operations. Instead, users wishing to transact or run a dApp must obtain sufficient network capacity by holding EOS coins. EOS is the native coin on the EOSIO network, used for voting and accessing network capacity.