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”


Battle of the Smart Contract Platforms - Ethereum vs EOS vs Cardano

22 Jan 2020 7 minute read 43 comments cam_elica_24

Image Source: Bitcoinist The rise of blockchain technology has revolutionized pretty much everything around us. But while bitcoin and other cryptocurrencies showed us that it was indeed possible to facilitate decentralized peer-to-peer payments, it...

Stellar Lumens: Currently Worthless, but a Hidden Gem?

2 weeks ago 2 minute read 22 comments Thomas Wolf

For a while now I've been considering the fact that Proof of Work (POW) currencies that are hardware intensive such as Bitcoin would one day be rendered obsolete by currencies that operate under similar principles but use far less system resources, a...

The Light at the End of the Tunnel: An Honest Discussion on the EOS Token Burn, WPS, & Governance Featuring Ryan Bethem of Chintai.io

4 weeks ago 17 minute read 11 comments Jimmy D [Upliftnation.io l Trybe.One]

There is no doubt that one of the biggest buzzes around the EOS town recently heavily involved the recent changes to the EOS network whereby the present BP’s reduced the inflation rate from 5% to 1% as well as the permanent burnt of 34M+ EOS tokens i...

Here is Why EOS Is Ethereum`s Biggest Competitor 😎

1 week ago 2 minute read 35 comments Cryptonator`s Airdrop Hunt

EOS is probably Ethereum`s biggest competitor. For this reason, I believe that it is worth it to have a closer look at EOS. My post is focussing on the EOS System and its differences to Ethereum. What Is EOS? EOS is a blockchain-based cryptocurrency....

Safeguarding Customers on CEXs: What's Being Done and What Can Be Done [An Analysis]

2 weeks ago 6 minute read 4 comments ankarlie

Image Source   Due to the many risks associated with using centralized cryptocurrency exchanges (CEX) one would wonder what steps have been done by CEX operators to mitigate them. Truth be told many CEX operators have been seeking ways to ensure t...

Initial Thoughts On The EOS Voice Application

1 Mar 2020 2 minute read 13 comments Scott Cunningham

I’d like to give my initial thoughts on the new EOS Voice application. Though I am not able to access the beta yet in Canada, I’ve gathered as much information as possible and would like to share it with you now. I’ve broken it up into categories wit...

How Do Non-Custodial Exchanges Work Without A User Management System?

3 weeks ago 8 minute read 6 comments ankarlie

Introduction: Another CEX Excuse In what seems to be becoming a common trend nowadays another centralized exchange (CEX) has gained the attention of the crypto trading community for its inability to process withdrawals. After Fcoin’s revelation of it...

How EOS theoretical decentralization, is in reality centralized

3 days ago 7 minute read 21 comments Allen Walters

EOS is promoted as a blockchain "utilizing a decentralized consensus algorithm". In this article I will discuss the theoretical decentralization, and how that plays out in reality as a centralized result.  EOS governanceWhere most decentralized block...

BTC hits $10,000 USD as crypto growth continues

9 Feb 2020 1 minute read 16 comments manilpwn

Today, the price of BTC hit $10,000 USD, with the price currently standing at $10,071, a 39% increase over the price 60 days ago. Over the course of December and early January, BTC struggled to maintain a price of $7000 USD, dipping below several tim...

What is a Trustless Exchange?

28 Feb 2020 4 minute read 20 comments ankarlie

Centralized Exchange Risks The whole cryptocurrency space is abuzz with news that another centralized exchange (CEX) is in trouble and is in a real threat of closing down. It is a trader’s worst nightmare as they are not able to withdraw their money...