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”


Cryptowriter: The Bitcoin Purist's Holocene Event

15 Jan 2021 12 minute read 21 comments Thomas Wolf

If ever there was a subject I didn’t care about in crypto, it would be the inevitable debate of government intervention diminishing social support in response to superior and adapted currencies. “It is not the most intellectual of the species that su...

Terra (LUNA) - A Crypto Orbit Ecosystem

5 Apr 2021 4 minute read 3 comments Thomas Wolf

Terra is a crypto ecosystem akin to that of a Lunar orbit, in which there is a constant balance to preserve with the goal of maintaining stability through an otherwise highly volatile marketplace. “Your economic security does not lie in your job; it...

The Bullish Case for EOS

14 May 2021 3 minute read 3 comments paragism

Block.one’s yearlong ICO for EOS raised over four billion USD in 2018. It was one of the biggest ICOs in history and EOS became the talk of the blockchain world. EOS targeted to remove major flaws of the Ethereum blockchain and it was touted as the E...

EOSwriter: EOS & The World After COVID: Is EOSIO a Possible Socio-Economic Solution?

27 Dec 2020 7 minute read 17 comments Thomas Wolf

Like most who became involved with cryptocurrencies before 2012, I started with Bitcoin.  It has remained an integral part of the movement and markets; however, today, I am changing my stance from a kodiak bear of a crypto flipper to a soldier for EO...

NFTwriter: WAX - The King of NFTs

23 Feb 2021 4 minute read 10 comments Thomas Wolf

NFTs are all the rage and will continue to be, and for a good reason, they immortalize content creation with ultimate accountability. “Putting something on a blockchain is forever.” ― William Shatner WAX stands for Worldwide Asset eXchange, the globa...

Look out: burglars are coming! 🦹🏻‍♂️🦹🏻‍♀️

13 May 2020 2 minute read 5 comments LazUpland

May 18th is International Museum Day, a day to celebrate each museum’s culture, subjects and unique preoccupations. But while you stroll past any of the 24, beautiful San Francisco museums that Upland has to offer: be careful. Burglars might be plann...

ETHwriter: Ethereum - The Coin that Cried Wolf?

23 Dec 2020 5 minute read 37 comments Thomas Wolf

Ethereum has promised significant changes for a long, long time now - but how many of you still have funds locked up by outrageous gas fees or have experienced transactions that failed entirely, costing you more money in ETH gas fees to correct? “All...

🏃‍♀️Is EOS DeFi Catching up with Ethereum?

16 Sep 2020 2 minute read 8 comments Dapp.com

From 29th Aug to 5th Sept, Tether issued 3 times a total of 85M USDT on EOS network. Stablecoins are playing an important role in the DeFi market. So this increasing need of USDT can be regarded as a signal to some extent: EOS DeFi is starting to gr...

EOS DeFi was booming just before the "Krach" ! Will it continue after?

23 Feb 2021 1 minute read 9 comments Crypto_Lemon

Lately the $EOS token has been performing quite well despite the fact that most Crypto users have a bad opinion of the token and its governance.   N.B. This post was written on Sunday and therefore, a lot has happened on the market since then ! :D Pe...

Cryptowriter: Carbon Footprint Challenge - Ethereum vs EOSIO

12 Mar 2021 5 minute read 16 comments Thomas Wolf

I thought it would be fun to compare the carbon footprints of the Ethereum and EOSIO main nets ― it wasn’t exactly fun, but it was certainly informative. “As the saying goes, the Stone Age did not end because we ran out of stones; we transitioned to...