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”


Block.one Litigation: Lessons for Promoters?

22 Jun 2020 5 minute read 1 comment JamesIrving

Block.one, the promoter of the EOS token, is currently facing two class-action lawsuits. There have been a number of lawsuits in the US against promoters of ICOs, security tokens (STOs), and the operators of trading exchanges. Some of these cases ar...

Simplest way to earn rewards

5 Apr 2020 2 minute read 16 comments BenKenobi

Staking and fixed or flexible deposit functions are fonctions proposed by different exchange platform. You can be rewarded simply by keeping your crypto in your wallet. I test since few days different solutions with an initial wallet of $100.   Binan...

The best ways to start winning cryptocurrencies

8 Jul 2020 2 minute read 3 comments trebol11

Lately, I have written several posts on how to obtain cryptocurrencies, here I have compiled the best ones Faucets   Freebitcoin: post It is one of the easiest to use, safest and most complete faucets. You earn Bitcoins here, and you have 7 ways to d...

Weekly Crypto News Roundup - 5th of May - 12th of May

12 May 2020 3 minute read 4 comments pheonixdown-dee

Hello and Happy Halving day everyone! Bitcoin has officially completed it's block reward halving. If you don't know what that means, I have attached a video below that explains everything you need to know about the Bitcoin Halving.  Now to the stori...

Libra (Facebook) and Ton (Telegram) the two crypto projects that will never see the light of day

15 May 2020 3 minute read 16 comments Roberto D.

Today a slightly different article than usual to take stock of the situation on Libra and Ton, the two cryptocurrencies of Facebook and Telegram respectively. Their launch seemed imminent but after more than a year after confirmations and denials, le...

Tutorial: How to create Free Telos Account

23 Mar 2020 2 minute read 3 comments ankarlie

Hello guys! I have been exploring the different EOS sidechains of late and I am just loving the different projects. one of the EOS sidechains I want to share with you today TELOS. To be honest, I don't know much about the project, but I do know it is...

Chain Clash Celebrities’ Avatars Auction – Play as John McAfee

27 Mar 2020 1 minute read 1 comment egamersio

Are you ready to play as JohnMcAfee? The upcoming free to play, fighting game Chain Clash hosts a celebrity auction with John McAfee, Brock Pierce, and other influencers in the blockchain world. The Genesis avatars come in limited supply with higher...

AMA session with Nate Hindman. Text recap.

5 Mar 2020 5 minute read 2 comments EquilibriumEOSDT

Nate Hindman head of growth at Bancor Network joined us to talk about his crypto career, his work with Bancor, and to answer questions from our community. The hour-long AMA covered a variety of topics that will be of prime interest to crypto use...

Interviewing Jacques Whales & Paul Motschall From Discussions.App

4 Feb 2020 1 minute read 2 comments Scott Cunningham

I recently had the chance to discuss Discussions.app with Jacques Whales and Paul Motschall who are the co-founders. We talked about the project which just came out of beta and where it’s headed in 2020. Discussions is a decentralized application or...

#6 Altcoins simple. What is EOS? Explaining advantages and points of criticism

10 Apr 2020 2 minute read 1 comment Oliver Singer

What is EOS? EOS is a platform for decentralized applications based on blockchain technology. The concept of EOS can be compared to the concept of Ethereum, however EOS is more concentrated on unlimited scalability and high performance. The eponymou...