EOS

114 Articles 77 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”


4 Important Crypto News You Might Have Missed in July

3 weeks ago 3 minute read Ed-california $4.88 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

3 weeks ago 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...

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

4 Mar 2019 4 minute read starthere $4.55 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...

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

3 weeks ago 1 minute read Li_KungFu $4.37 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

6 days ago 11 minute read @cryptomandate $3.64 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?...

EOS, BNB, XLM, TRX, ADA, XMR Price Prediction for August 2019

2 weeks ago 6 minute read CryptoChartWizard91 $3.29 tipped

Here is part 2 for my August price prediction. If you would like some analysis on the top 5 projects for August, head on over to my last article over here. Bitcoin is finally heating up again after managing to claw its way back to the $10,000 level....

Why Are You In Crypto? I’ll Tell You Why I Am

11 Mar 2019 6 minute read Eosmastering $2.58 tipped

  To those that know me in this relatively new space, I write mainly about EOS, but I am also more or less a blockchain agnostic. I am not a tech-oriented guy. I have no background in computers – other than growing up with them and using them for gen...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Three - UP 16.6%

4 Apr 2019 4 minute read starthere $2.52 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 2018. I then repeated the experiment on the 1st of January 2019. Think...

Newdex: Top 10 Best Crypto DApps Review

1 week ago 4 minute read Jimmy D $2.52 tipped

  “The world’s largest EOS based decentralized exchange, which is developed and operated by Newdex Inc., upholding the characteristics of safe, fast and transparent, devoting to create a new-generation platform for digital assets exchange, lea...

Options for the development of Dapss: Ethereum vs Fleta.

4 Jun 2019 11 minute read daniejjimenez $2.31 tipped

A common skepticism of the blockchain space is that technology is still looking for use cases, in which exaggeration and speculation exceed applicability. For some, the lack of broad use by consumers of decentralized applications reflects that the in...