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”


4 Important Crypto News You Might Have Missed in July

3 weeks ago 3 minute read Ed-california $4.91 tipped

The crypto news cycle operates at such a rapid pace that I thought it might help to round everything up neatly at the end of the month. So here’s a roundup of this month’s major crypto news for all of the biggest tokens.  Bitcoin (BTC) Bitcoin’s mos...

EOS, BNB, TRX, ADA, XRM Price Analysis For 22-26 of July

3 weeks ago 5 minute read CryptoChartWizard91 $4.62 tipped

This is list number 2 for you guys! For the top 5 coins check out this analysis. Crypto markets are all over the place with BTC heading back toward $10,000. However, some altcoins are looking pretty resilient. Take a look at the analysis below! Eos E...

How Much Would You Make By Investing Just $100 in ETH, EOS & TRX at ICO Prices

3 weeks ago 1 minute read Li_KungFu $4.39 tipped

This week I was trying to explain to my sister how much money she would have made if she had invested in some of the cryptocurrency ICOs back in the ICO Mania period. Some of the results for the coins I had suggested were pretty staggering to see tha...

EOS(IO): The Future of Mainstream Adoption

6 days ago 11 minute read @cryptomandate $3.65 tipped

We all know and pretty much have no doubt now that blockchain is the future. What we may be less sure of however is which blockchain exactly, how will it be better than the rest and why will the majority of users choose it over the other blockchains?...

EOS, BNB, XLM, TRX, ADA, XMR Price Prediction for August 2019

2 weeks ago 6 minute read CryptoChartWizard91 $3.32 tipped

Here is part 2 for my August price prediction. If you would like some analysis on the top 5 projects for August, head on over to my last article over here. Bitcoin is finally heating up again after managing to claw its way back to the $10,000 level....

Newdex: Top 10 Best Crypto DApps Review

1 week ago 4 minute read Jimmy D $2.52 tipped

  “The world’s largest EOS based decentralized exchange, which is developed and operated by Newdex Inc., upholding the characteristics of safe, fast and transparent, devoting to create a new-generation platform for digital assets exchange, lea...

A Quick Review Of EOS Project

2 weeks ago 4 minute read Rumi $1.50 tipped

Ethereum (price аt time оf writing ETH 214.18 USD) іѕ сurrеntlу thе mоѕt popular smart contract platform іn thе market. Thеrе аrе dozens оf decentralized applications thаt аrе bеіng developed uѕіng thеіr ERC20 token. However, thаt dоеѕ nоt mеаn thаt...

Is WIN.com Block.one’s New Gaming Platform To Rival Binance And Tron?

1 week ago 3 minute read Blockspectator $0.46 tipped

Win.com could be the secret that Block.one has yet to reveal. The creators of EOS may soon join the gaming industry. In a subtle move, Block.one recently acquired Voice.com in a deal that set them back $30 million. The move allowed EOS entry into the...

Introduction: My Story and outlook on cryptocurrencies.

1 week ago 2 minute read @cryptomandate $0.36 tipped

Hi, guys!   This is my first post on this platform and I'm very excited to be a part of this community. I was previously a blogger over on Steemit for 2 years and stopped using it this year because of the negative changes I was witnessing like whale...

Which token will be better for long term investment?? My opinion..

1 week ago 1 minute read Musawer $0.26 tipped

Why I feel it can be profitable for long term investment. Introduction Etherplode is a deflationary token based on ethereum blockchain. On every transaction 0.5 percent of tokens are burned. It means its total supply will decrease with time and incre...