EOS News, Price Predictions, Opinions and Analyses Created by Users

EOS (EOS)

997 Articles 1476 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”


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...

Equilibrium April Recap

7 May 2020 2 minute read 1 comment Equilibrium

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...

THIS is the tweet Crypto Twitter is talking about!!

11 May 2020 1 minute read 0 comments bitcoindelight

After we experienced rejection from the latest upward trend and a price drop below $USD 8200 on Bitcoin we are currently trading BTC for approx $USD 8700. Major altcoins like Ethereum, Litecoin and EOS followed the downtrend still heavily connected t...

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...

Newdex’s cross-chain trading – a game changer

3 Jul 2020 4 minute read 8 comments paragism

Cover Image Source – modified It was early 2019. I woke up in the morning to get the news that Cryptopia had been hacked and almost $11 million worth of assets were siphoned. Cryptopia was a New Zealand based cryptocurrency exchange with decent volum...

Block.One Startup Dwarfs Other ICOs

7 Sep 2020 5 minute read 1 comment MintDice.com

Many people have been getting into the EOS hype for the past number of months. Leading up to their June 1st date for the end of their token sales, many have been eagerly anticipating and registering their coins. Throughout the entire process, Block.O...

What are Instant Liquidity Exchanges and How to Make a Profit from them?

9 Apr 2020 4 minute read 2 comments ankarlie

Decentralized Finance (DeFi) is the new buzzword coined by the cryptocurrency community to call blockchain-based fintech. They are described as financial mechanisms that disintermediate traditional finance and allows direct peer-to-peer transactions...

Why You Should Not Join Any Paid Trading Groups

28 Jul 2020 3 minute read 10 comments Tikyi Khant

Hello everyone,today I want to give some insights on why we should not spend a single penny on Paid Groups.I know you want to speak and complain once you saw the title. 1.So first of all,I understand not everyone of us can analyse the coin's price/ch...

EOS-based App Shuts Down, Taking $52M in Users' Funds With It

21 Apr 2020 1 minute read 9 comments Abhi K

EOS Ecosystem, a Chinese EOS wallet, has abruptly shut down, apparently absconding with $52 million worth of users’ funds. Chinese media outlet ChainNews on April 20 reported that users were unable to access their accounts, and that most of the funds...

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...