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”


TA Master: EOS/USD future market price prediction

30 Oct 2019 12 minute read quintomudigo $8.44 tipped

EOS is a cryptocurrency created on EOS blockchain network that can be transferred from one peer to another using EOS smart contract address without involving a third party centralized organization like the government. Because of this, EOS cryptocurr...

Is EOS A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

4 weeks ago 8 minute read CryptoBoomer $6.96 tipped

EOS is one of the most popular altcoins and is often dubbed as the biggest rival to Ethereum. Different from Ethereum that utilizes Proof of Work and now is transitioning to Proof of Stake, EOS utilizes what they call as Delegated Proof of Stake (DP...

What is ABBC Coin (ABBC)? [A Comprehensive Guide to ABBC Coin]

2 weeks ago 6 minute read Mr.CryptoWiki $6.39 tipped

Following the creation of Bitcoin, several projects emerged thinking that it could improve upon the decentralized payments system that Bitcoin had proposed. This was a bold ambition, for Bitcoin was the first mover in the space, and had years of bein...

The story of why Bitcoin and Ethereum forked; and why EOS can't.

18 Aug 2019 9 minute read @cryptomandate $6.29 tipped

A time not long ago The year is 2009, and just as the year was starting Bitcoin is born on 3 January. Its inventor Satoshi Nakamoto mines the first block containing a reward of 50 bitcoins. This genesis block had a message embedded on it reading 'The...

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

17 Sep 2019 6 minute read Mr.CryptoWiki $5.58 tipped

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...

5 Most Important Crypto News You Should Know Today (24 Sep 2019)

24 Sep 2019 4 minute read Brawnd0 $4.85 tipped

We’ve got BIG, BIG news this week and you probably know what it is (hint: Bakkt). But there’s been a lot else that has been happening as well, mostly to do with individual projects or entities making some important changes or hitting important milest...

EOS, BNB, TRX, ADA, XRM Price Analysis For 22-26 of July

22 Jul 2019 5 minute read CryptoChartWizard91 $4.60 tipped

This is list number 2 for you guys! For the top 5 coins check out this analysis. Crypto markets are all over the place with BTC heading back toward $10,000. However, some altcoins are looking pretty resilient. Take a look at the analysis below! Eos E...

Reasons Why Cryptocurrency Hasn't Reached Mass Adoption

13 Sep 2019 10 minute read @cryptomandate $4.41 tipped

Figuring out how many people use cryptocurrencies in the world is impossible because of the anonymity of blockchains. Several institutions across the globe have done studies and research to try figure this out coming up with different data and criter...

How Much Would You Make By Investing Just $100 in ETH, EOS & TRX at ICO Prices

23 Jul 2019 1 minute read Li_KungFu $4.20 tipped

This week I was trying to explain to my sister how much money she would have made if she had invested in some of the cryptocurrency ICOs back in the ICO Mania period. Some of the results for the coins I had suggested were pretty staggering to see tha...

EOS (EOS) Price Prediction 2020 - $10.25 Possible?

23 Oct 2019 8 minute read CryptoChartWizard91 $4.15 tipped

EOS saw a great start to 2019 as it managed to surge by almost 260% and reach the 2019 high of around $8.59 in June. However, since reaching this high, things have been pretty dire for EOS as the cryptocurrency plummets by a precipitous 65% to reach...