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”


Newdex Influencer Voting - You can support me there

20 Jul 2020 1 minute read 7 comments Cryptotexty

Newdex is a well-known crypto exchange, especially popular in EOS and eosio communities (Telos, WAX). I'm using Newdex for more than 2 years and it was a good source for me to discover new tokens. That's why I applied to become Newdex Influencer - an...

The Dawn of EOS...

18 Feb 2021 2 minute read 3 comments theatdhe

source As the greek mythology EOS just woke up at the dawn and now it's seeing the bright days. It's very interesting when you see a very promising crypto currency with an amazing platform to not perform well. EOS is a blockchain platform which is me...

EOS Congestion? Use REX To Lease EOS

21 Mar 2020 1 minute read 3 comments Scott Cunningham

The EOS blockchain has been congested for over half a year. Now you can rent CPU and NET for 1 month from EOS Rex for a small fee so that you can still make the transactions you need to. Lease CPU and NET for your EOS wallet so you can make transacti...

🗞 Daily Crypto News & Video, October, 8th💰

8 Oct 2020 3 minute read 0 comments Crypto_Lemon

Welcome to the Daily Crypto News: A complete News Review, Coin Calendar and Analysis.   Enjoy!   🗞 Bitcoin Options Volume on CME Jumps 300% as Traders Take Bullish Bets Activity in bitcoin options listed on the Chicago Mercantile Exchange (CME) sur...

EOSDT Turns 1: Equilibrium Birthday Recap

17 Apr 2020 3 minute read 0 comments Equilibrium

Equilibrium’s EOSDT celebrates its first birthday this week! One year ago at an EOS WORLD EXPO event in Starfish Community of San Francisco we announced the launch of our flagship product: EOSDT, the first EOS-based decentralized stablecoin. Since th...

EOSDT’s EOS Proxy Will Pay Rewards At A Stable APR

23 Mar 2020 1 minute read 0 comments Equilibrium

Everyone loves passive income. And stable passive income is twice as good. Now we’re changing the rules for our EOS proxy so that participants can continuously get a stable reward APR of around 2.3%. Block producers were previously committing to a fi...

Earn over $152 in crypto in Coinbase

24 May 2020 1 minute read 12 comments aflyn

Whether you already have an account with coinbase or not, coinbase has rolled out an attractive program where you learn about how certain cryptocurrencies work. You are invited to learn about specific Cryptocurrencies and earn along the way. HOW DOE...

How to create a FREE EOS account

13 Feb 2020 1 minute read 8 comments TrocProcLock

I don't know if you are like me and you want an EOS wallet that is actually your own. If you have gone searching online to create one, you will quickly realize that it costs money to create an EOS account. It can cost $2 to $10 USD to create an EOS a...

EOS Sees Core Developers Moving Away From the Protocol

16 Jun 2020 1 minute read 4 comments Abhimanyu Krishnan

Research published by venture firm Outlier Ventures on June 11 indicates that the EOS (EOS) network is experiencing a high level of attrition, as several core developers have moved on from the project while also facing a significant drop in developer...

Bitcoin dropped pre halvening

10 May 2020 1 minute read 0 comments bitcoindelight

1d and 17 hours away from the next Bitcoin halving and today we experienced already a decent drop in Bitcoin. Market cap. went down nearly 12% as Bitcoin and Ethereum both dropped within the 11 -12% range. Litecoin dropped more than 14% and gains f...