EOS News, Price Predictions, Opinions and Analyses Created by Users

EOS (EOS)

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The EOS project was launched by Dan Larimer and Block.One CEO Brendan Blumer in June 2018. Larimer, who is also the founder of the Steemit project, co-authored EOS’ whitepaper in 2017 with Brendan Blumer. Like Ethereum, it aims to become a decentralized computing platform that is focused on creating an ecosystem of decentralized applications, with the planned advantage of being able to process many more transactions than Ethereum. The project, which has nearly a billion tokens in circulation, raised $4 billion in its ICO, a development that was very notable for its time.

Despite the wide ranging goals of the platform, EOS has a strict focus on building comprehensive tools for enterprise development, allowing them to leverage the advantages of decentralized technology without having to worry about security, stability and performance. Decentralized storage is also an important aspect of the project’s development goals. Based on the InterPlanetary File System (IPFS), the storage feature would allow anyone to access data stored on the network via a web browser. This is also important in the context of dapps, which can use the storage system to store data.

EOS differs from Ethereum in that it operates on a delegated Proof-of-Stake consensus protocol. The token itself is used in on-chain governance and users can use this to vote for EOS’ 21 block producers, who earn tokens for validating transactions. 

The project has since moved strictly into a research and development mode, with Blumer saying that “great things take time”


Cross-Chain Deposits Launched on Newdex

6 hours ago 1 minute read 0 comments hashcash

The EOS ecosystem recently became a little bigger and much more diverse – courtesy of Newdex. Cross-chain deposit and withdrawal functionality for Bitcoin and Ethereum is now live on Newdex. This feature was introduced simultaneously with the listing...

Biggest DeFi evolving in EOS

11 hours ago 1 minute read 0 comments cryptomaneos

  When I first heard about SOV, the first words came into my mind is, "A Deflationary token where a percentage of token get burn on every Transaction ?? " who will use it as a transact of value, turns out I am wrong, Since SOV token launch millions o...

Vigor.ai: Answers to Commonly Asked Questions Especially for You

13 hours ago 7 minute read 0 comments Jimmy D [Upliftnation.io l Vigor.ai l Trybe.One]

  The Vigor Protocol is currently running on the EOS main net and is in the final testing phases with custodians and DAC members ensuring all the final bugs have been worked out making it safe for full fledged public use.  Vigor.ai will be going live...

Price analysis 10, July EOS, cardano, stellar and monero

13 hours ago 1 minute read 0 comments haidernasir

EOS, Cardano, Stellar and Monero is on a downtrend. Here a price analysis of four cryptocurrencies. EOS/USD EOS is at $2.61 at 6:00 PM GMT, with a loss of -1.52% in its price in the previous 24 hours. EOS with its 24 hours high will set its resistanc...

Vigor Protocol ReDeFining DeFi

13 hours ago 1 minute read 1 comment Hodl EOS

The Vigor Protocol is a DeFi crypto lending application on EOS.  Users can borrow, lend, and earn rewards using the protocol. The Vigor Protocol is live on the EOS mainnet and will be opening to the public soon.   Website: https://vigor.ai Spanish (...

Coinbase going to the stockmarket?

21 hours ago 1 minute read 0 comments Panzer

The crypto exchange company, Coinbase, has scheduled its first-ever investor day for Aug. 14, amid rumors that the crypto exchange is exploring a public stock listing.   It is unclear, however, whether the virtual event is related to the rumored effo...

Price analysis 8, July EOS, cardano, stellar and monero

9 Jul 2020 1 minute read 0 comments haidernasir

Cardano is on a downtrend, while EOS, stellar and monero is on a uptrend. Here a price chart of four cryptocurrencies. EOS/USD EOS is at $2.71 at 6:00 PM GMT, with a gain of 2.27% in its price in the previous 24 hours. EOS with its 24 hours high will...

A Blockchain's Community Is More Important Than Its Degree Of Decentralization

9 Jul 2020 2 minute read 3 comments Brennan

I'm sure I'm not the only one who would like to go to 2009 and start mining Bitcoin with a laptop. Back then one CPU equaled one vote, everyone had an equal chance of mining a block, and Bitcoin was truly decentralized. Nowadays the hash power of the...

DApp Transaction Volume Reaches 12 Billion Dollars in Q2 2020 Via the adoption of DeFi

9 Jul 2020 1 minute read 0 comments PassionCryptodotcom

DApp transaction volume reached $ 12 billion in the second quarter of 2020 - an increase of $ 4.5 billion from the first quarter. The Dapp base of Ethereum alone accounted for 82% of sales of 12 billion.  EOS ( EOS ) and Tron ( TRX ) have also incre...

The best ways to start winning cryptocurrencies

8 Jul 2020 2 minute read 2 comments trebol11

Lately, I have written several posts on how to obtain cryptocurrencies, here I have compiled the best ones Faucets   Freebitcoin: post It is one of the easiest to use, safest and most complete faucets. You earn Bitcoins here, and you have 7 ways to d...