Eos Coin. Eos.io

Hey guys.
Today I found out more about Eos and find it very interesting and they appear to have a substantial vision for the infrastructure. Found this info on coinspot.

EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications.

I heard it is from the same developer as steem.

Can anyone else shed some light on this coin?

Thanks in advance everyone.