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”


EOS

7 hours ago 1 minute read 0 comments Chmurka

Hello Block.one has been very successful with its EOS project in recent years. This cryptocurrency sticks steadily to the top rungs of the capitalization ranking and has one of the fastest blockchains of the day. For speed, however, developers sacrif...

What is USD coin?

15 hours ago 1 minute read 0 comments PrisonedBus9641

Coinbase entered the stablecoin market with its own currency, the USD Coin (USDC). The goal is to become the leader in the stability offering for cryptocurrencies on Coinbase. The project saw the collaboration of Circle Internet Financial Ltd. The la...

BITCOIN CASH ( BCH ) my short term prediction UPDATE

1 day ago 1 minute read 0 comments skyislimit

Since yesterday not much happened at BCH  but I just wanted to point some weakness today. What we said yesterday "As we said before things are looking good for BCT. Support stays at $250 level and resistance is $290 but until it reaches resistance po...

BINANCE (BNB) Short term prediction UPDATE

1 day ago 1 minute read 1 comment skyislimit

Last time we did BNB prediction was about 4 days ago and let see what we said and what happened then "Our support stays at $11.25. Last 5 days buyers are coming to market for BNB and volume is going up almost every day. Good news. The overall market...

What are Instant Liquidity Exchanges and How to Make a Profit from them?

1 day ago 4 minute read 0 comments ankarlie

Decentralized Finance (DeFi) is the new buzzword coined by the cryptocurrency community to call blockchain-based fintech. They are described as financial mechanisms that disintermediate traditional finance and allows direct peer-to-peer transactions...

Newdex OTC service

1 day ago 4 minute read 0 comments ankarlie

Newdex is one of the world’s leading decentralized exchange (DEX). It is the first EOS-based DEX and is widely considered as the biggest trading venue in the whole EOSIO ecosystem. It features one of the most comprehensive lists of EOS trading pairs...

Resolve "Insufficient CPU" when making EOS transactions

1 day ago 1 minute read 0 comments cryptolove912

Transactions on the EOS blockchain are free, but they require staking an amount of EOS and CPU to the network. The more transactions you perform on EOS, the less CPU you will have available. This means that you can run outof CPU and will not be able...

EOS price falls - a quick update

1 day ago 1 minute read 0 comments cryptolove912

The best way to understand EOS is as a platform which uses the blockchain technology for the creation of decentralized applications, known as dApps.The EOS blockchain is very similar to Ethereum’s one in terms of its function, which is why it is know...

ChainLink (LINK) my short term prediction update 4/08/2020

1 day ago 1 minute read 2 comments skyislimit

Lets looks at what was our last prediction about LINK  "The last 6 days volume is up and buyers are on the scene to grab LINK and it is a piece of good news for LINK.Our support stays at $2.15 level and looks strong point at the moment, it is moving...

April 8 Important News

1 day ago 3 minute read 2 comments Sleo821

1.Impact of BCH.BSV production halving   If BCH.BSV halves the output, then it also means that the supply and demand relationship will change, and the minus of reward halving is the miner because the mining profit will be halved, which will inevit...