EOS (EOS)

167 Articles 176 Followers

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”


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

18 Aug 2019 9 minute read @cryptomandate $7.72 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 $6.82 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...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Two - UP 4%

4 Mar 2019 4 minute read starthere $6.58 tipped

  The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2019. Think of it as a lazy man's Index Fund (no weighting or rebalan...

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

3 weeks ago 4 minute read Brawnd0 $6.07 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...

Reasons Why Cryptocurrency Hasn't Reached Mass Adoption

13 Sep 2019 10 minute read @cryptomandate $5.44 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...

4 Important Crypto News You Might Have Missed in July

26 Jul 2019 3 minute read Ed-california $5.31 tipped

The crypto news cycle operates at such a rapid pace that I thought it might help to round everything up neatly at the end of the month. So here’s a roundup of this month’s major crypto news for all of the biggest tokens.  Bitcoin (BTC) Bitcoin’s mos...

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

22 Jul 2019 5 minute read CryptoChartWizard91 $4.61 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...

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

23 Jul 2019 1 minute read Li_KungFu $4.47 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(IO): The Future of Mainstream Adoption

11 Aug 2019 11 minute read @cryptomandate $4.28 tipped

We all know and pretty much have no doubt now that blockchain is the future. What we may be less sure of however is which blockchain exactly, how will it be better than the rest and why will the majority of users choose it over the other blockchains?...

Re-Reviewing EOS Social Platforms

11 Sep 2019 9 minute read scottcbusiness $4.11 tipped

Okay, this is my last EOS review for a while on social platforms because I’ve just done two, but I’m trying to clear up any misconceptions and concerns and be as comprehensive as I can. In this review, I went back over all the EOS apps I covered and...