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”


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...

Discussions.app New Beta Build is Live!!!🙌🎉 Try it now!

8 Jul 2020 1 minute read 0 comments jeninacrypto

  Hi Cryptopeeps! I invite you to check: https://beta.discussions.app/tag/allDiscussions Beta build is live!😃 Let the team know what you think!💬 Discussions.app is the Home of Token Communities! They got quite a few nifty things like dark mode, bett...

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

8 Jul 2020 1 minute read 0 comments haidernasir

EOS, cardano, stellar and monero is on a uptrend. Here a price chart of four cryptocurrencies. EOS/USD EOS is at $2.62 at 2:29 PM GMT, with a gain of 2.90% in its price in the previous 24 hours. EOS with its 24 hours high will set its resistance leve...

Active DApp Users on Ethereum Doubled in Second Quarter, While COMP Reached ATH

8 Jul 2020 1 minute read 1 comment PassionCryptodotcom

Decentralized finance applications (DeFi) on blockchain Ethereum have surged in the second quarter 2020, the daily trading volume reaching a record high in June. The second quarter Dapp 2020 market report published by analytics site Dapp.com showed t...

NEXO: earn passive incomes from your cryptocurrencies

7 Jul 2020 1 minute read 5 comments trebol11

Nexo.io lets you put your crypto to work by earning you daily interest payments. It is a cryptocurrency project developed by a reputable, long-standing, and large FinTech company. Nexo launched in 2018. Just seven months after its launch, Nexo establ...

EOS Cryptocurrency Project | What is EOS? and How does it function?

7 Jul 2020 2 minute read 0 comments NassiroV

Image Source What is EOS? The EOS project aims to be, in short, the replacement for the Ethereum: its creator, Dan Larimer, aims to make it the most important platform for smart contracts and other decentralized applications. Said Dan Larimer also c...

Price analysis 7, July EOS, cardano, stellar and monero

7 Jul 2020 1 minute read 0 comments haidernasir

EOS, Cardano and stellar is on a uptrend, while Monero is on a downtrend. Here a price chart of four cryptocurrencies. EOS/USD EOS is at $2.53 at 3:15 PM GMT, with a gain of 2.06% in its price in the previous 24 hours. EOS with its 24 hours high will...

Price analysis 7-, July Bitcoin, ethereum, litecoin, XRP and BCH.

7 Jul 2020 1 minute read 0 comments haidernasir

Bitcoin, etheruem, litecoin, XRP and BCH is on a uptrend. Here a price chart of five cyptocurrencies. Bitcoin/USD Bitcoin is at $9,274.54 at 1:29 PM GMT, with a gain of 0.798891% in its price in the previous 24 hours. Bitcoin with its 24 hours high w...