Block.One News, Opinion and Analyses Created By Users

Block.One

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Block.One is a blockchain software development company that is responsible for several major cryptocurrency endeavours, including the Ethereum competitor EOS. The company was founded by Brendan Blumer and Steem and Bitshares founder Dan Larimer in 2017. Blumer serves as Block.One’s Chief Executive Officer and Larimer as Chief Technical Officer.

EOS received a lot of notoriety when it raised a $4.1 billion in its ICO in early 2018. This was record breaking at the time, and set a lot of expectations for the project. In more recent times, Blumer himself has said that the development of a solid blockchain network and the market as a whole takes time.

While Block.One drives the development and vision of the EOS project, which is undoubtedly its biggest focus, it is also working on several other important, if not as groundbreaking, objectives, like the creation of decentralized applications (DApps). 

The most recent of these is the development of a social media DApp on the EOS blockchain, called Voice. Blumer has described the project by directly referring to the skewed revenue generation and influence on centralized social media platforms. Voice will address advertising, security and privacy issues by being decentralized. 

EOS takes a different approach to network development than Ethereum, and Block.One is quite vocal about how it is better than Ethereum as a network for DApps. The team has made numerous updates this year to improve network performance and usability. Many companies and developers are also building on the EOS network, which also competes, to a lesser degree, with the TRON project.


Bitcoin Foundation Chairman Brock Pierce Goes to US President

5 Jul 2020 1 minute read 2 comments Kluma

Bitcoin industry veteran, venture investor and billionaire Brock Pierce announced his intention to compete in the upcoming presidential election. In the comments on his Twitter post, Pierce noted that he was going to the polls as an independent cand...

Block.one ahead of schedule launched the Voice social network

4 Jul 2020 1 minute read 0 comments Kluma

On July 3, a day ahead of schedule, Block.one, the EOS project behind the project, launched the Voice social network.   Based on a separate implementation of the EOSIO protocol, Voice aims to use blockchain technology and biometric authentication...

Block.One to Release Social Media Platform Voice Early

8 Jun 2020 1 minute read 0 comments Abhi K

Voice CEO Salah Zalatimo announced that the social media platform will release on July 4, a month in advance before the earlier planned release of August. Stating the need to take social media influence back from big tech, Zalatimo said that the team...

Block.One Pursued by EOS Investors

22 May 2020 1 minute read 1 comment PassionCryptodotcom

Block.one has been sued by EOS investors made up of individuals and organizations for cryptocurrency fraud A recent tweet that @DappsEos posted on its handle on Monday drew attention to Block.one's mismanagement of $ 4 billion in cryptocurrency. Inve...

EOS Faces Another Lawsuit Over ICO

19 May 2020 2 minute read 1 comment Abhi K

EOS ICO investors have filed a class action lawsuit in a case of securities fraud against EOS developer Block.one and leadership on May 18, according to official documents. Crypto Assets Opportunity Fund LLC and Johnny Hong filed the complaint in the...

EOS developer accused of violating securities law

19 May 2020 1 minute read 1 comment Kluma

Block.one, which held the largest ICO in history and raised $4 billion, is being sued Block.one, the Issuer of the EOS token, was accused of violating securities laws during the ICO. Crypto Assets Opportunity Fund LLC filed a class-action lawsuit in...

Block.One settles with SEC, gets away with .6% in fines for raising 4 Billion!

6 Oct 2019 1 minute read 3 comments CryptoTapas.com

“It’s easy to say sorry than to ask for permission,” is an old adage in the business world.  Block.one, the creators of EOS, have once again proved this adage true. The company raised close to 4 billion dollars in the ICO which SEC says is an unregis...

SEC Settles with Block.one and Nebulous

1 Oct 2019 2 minute read 1 comment Cryptos.com

The U.S. Securities and Exchange Commission (SEC) has settled with Block.one (maker of EOS) and Nebulous (maker of Siacoin). While a formal SEC press release is available for Block.one, at this time Sia’s official blog post is first formal announceme...

What Is EOS? [A Comprehensive Guide to Understanding EOS]

17 Sep 2019 6 minute read 6 comments Mr.CryptoWiki

EOS is one of the top cryptocurrencies, and it was also one of the biggest ICOs in the history of crypto. The project is often dubbed as a ‘more scalable’ or ‘better’ Ethereum by its supporters. Different from Ethereum that previously utilized Proof...