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”


The Next Big Crypto Match ups!

11 Jul 2020 10 minute read 18 comments thunderboltkid

Pick a side IN THE NUMBER #1 MATCHUP OF TODAY AND YEARS GONE BY?  No need anymore with BTC heading below 60% Market Dominance and ETH "Flat-lining" at under 10% Market cap Share. It's crypto "old school' posturing these days, picking sides that is, f...

Two Sides of the Tron Coin: Part 2 - Dapps

25 Jul 2020 3 minute read 2 comments ExponentialOne

This is part 2 of my 3 part series where I look at the pros and cons - the two sides - of Tron. For this three part series I want to look at three important parts of Tron - transactions, dapps, and decentralization, but try to look at it from both si...

Taken a record amount of BTC from exchanges

13 Jul 2020 2 minute read 6 comments Roberto D.

On July 8, an annual record was broken for the number of Bitcoins (BTC) removed from the exchanges: Coinbase at the top of the ranking of prelievicon with a net outflow of well 20,787 BTC: more than all exchanges overall. What does this mean, a bulli...

A Blockchain's Community Is More Important Than Its Degree Of Decentralization

9 Jul 2020 2 minute read 3 comments Brennan

I'm sure I'm not the only one who would like to go to 2009 and start mining Bitcoin with a laptop. Back then one CPU equaled one vote, everyone had an equal chance of mining a block, and Bitcoin was truly decentralized. Nowadays the hash power of the...

🎉[New Dapps] Make Your Voice Heard, Mark Your Memories, That’s How Social Should Be

16 Jul 2020 3 minute read 2 comments Dapp.com

Content and engagement are the core value of a social media platform. And all the content is created by users, by you. And a good social platform is where your voice can be heard and respected, where everyone can be an influencer, but not just full...

A Guide to Staking with Equilibrium

31 Jul 2020 1 minute read 0 comments EquilibriumEOSDT

You may recall that earlier this year, we introduced our new staking system to you, which conveniently includes all our assets: EOSDT, NUT, and EOS. This is a great way to earn passive income. Now we would like to offer you some useful tips about thi...

Weekly Dividends Report [SBET & WIN]

6 Jul 2020 2 minute read 3 comments costanza

I continue to closely keep track of what both Sportbet.one and Wink.org are up to regarding their platform while bringing regular updates on how the weekly Dividends are holding up.   Sportbet.one Year Record Dividends I wrote in my report last week...

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...

PayPal would have chosen Paxos as a partner to offer crypto

21 Jul 2020 3 minute read 3 comments Roberto D.

PayPal Holdings Inc. appears to be serious about adopting cryptocurrencies. Coindesk reports that PayPal has already (or almost) entered into a commercial collaboration with Paxos, a US company regulated to operate with crypto assets that offers cust...

NEXO: earn passive incomes from your cryptocurrencies

7 Jul 2020 1 minute read 6 comments trebol11

Nexo.io lets you put your crypto to work by earning you daily interest payments. It is a cryptocurrency project developed by a reputable, long-standing, and large FinTech company. Nexo launched in 2018. Just seven months after its launch, Nexo establ...