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”


A Communal reDeFining of Vigorous Proportions

25 Apr 2020 4 minute read 1 comment Jimmy D [Upliftnation.io l Trybe.One]

Although no official confirmation of the exact launch date has as of yet been given, the VIGOR borrow, lend, and reward protocol is set to go live in an official capacity sometime within the next month.  Rocking up on the one year anniversary since i...

Latest DeFi news

3 Mar 2020 3 minute read 7 comments EquilibriumEOSDT

  It’s time to recap the latest developments in the world of decentralized finance. Blockchain applications continue to gain attention from mainstream finance, and current events like those rounded up below only lend momentum. Here’s what you need to...

Binance, Bitmex, Tron, and Others Targeted By The SEC

5 Apr 2020 4 minute read 14 comments mduchow

The New York litigation office has filed 11 lawsuits against Binance, Bitmex, Block.one, and Tron among some of the best known cryptocurrencies and companies. The suits named 42 witnesses around the globe, primarily in the British Virgin Islands, Can...

No, miningpools do not cause centralization

2 Apr 2020 3 minute read 5 comments Allen Walters

Discussing EOS' centralization in my previous article sparked some responses from EOS enthousiasts.  No one seemed to try to make a case for EOS decentralization though. Instead, the best argument for EOS enthousiasts seems to be pointing at Ethereum...

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

17 Sep 2019 6 minute read 6 comments Mr.CryptoWiki

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...

EOS 2019 Recap

13 Feb 2020 5 minute read 4 comments ankarlie

Image Source   2019 was a very eventful year for the entire cryptocurrency community. That year started with a very positive note as finally after a long and bitter bear season the market has found its bottom and started to slowly regain some of i...

Im Basically Warren Buffet Now.. I Invested $3.05 And Now Earn 1 Satoshi A Day.

29 Mar 2020 1 minute read 12 comments CryptoCurrencyExchanges

Well i am basically Warren Buffet now.. or at least i feel like him. I just invested $3.05 of left over crypto that was sitting in my binance wallet and now i earn 1 satoshi per day in cold hard interest! Now 1 Satoshi is worth virtually nothing and...

The F2P fighting game Chain Clash is live!

4 Apr 2020 2 minute read 1 comment egamersio

The battle of crypto clans has begun as the public beta version of the free-to-play fighting game Chain Clash is live on the EOS network with the first impressions being positive. The specific release does not contain 3D Renders of clashes, the P2P m...

What is the EOS token? The Ethereum killer? You decide!

23 Mar 2020 5 minute read 8 comments LiquidAttic

I really like the EOS logo. And the tech is very promising at the monent of writing. But in general I like the whole look of the project. But there is also a lot of controversy around this project.  I was really wondering what is the next big project...

Equilibrium April Recap

7 May 2020 2 minute read 1 comment EquilibriumEOSDT

April was chock full of updates and events, as you’ve no doubt come to expect from us by now. Not only did integrate our support for BTC collateral, but EOSDT celebrated a major milestone while we simultaneously booked compelling AMA sessions with a...