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”


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...

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 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...

The best ways to start winning cryptocurrencies

8 Jul 2020 2 minute read 2 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...

Partnerships and System Innovations Mark Equilibrium’s Progress in June

6 Jul 2020 2 minute read 0 comments EquilibriumEOSDT

Equilibrium’s Price Feed Contract Was Added To The Multisig As you recall, Equilibrium uses the multisig instrument to conveniently adjust code if changes need to made while we grow and develop, and this gives us a huge advantage over other platforms...

5 things to know before investing in cryptocurrencies

1 Jul 2020 4 minute read 9 comments Roberto D.

Before investing in crypto, there are 5 things you need to know (and do) to not lose your funds. Unlike Fiat currencies (read: euros, dollars, pounds, etc.) if your cryptocurrencies are stolen there is no one to ask for help, but let's go in order. T...

NEXO: earn passive incomes from your cryptocurrencies

7 Jul 2020 1 minute read 5 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...

The easiest explanation about Token and Tokenization

1 Jul 2020 4 minute read 0 comments Roberto D.

We hear more and more often about token and tokenization, but what does it really mean? Before talking about tokenization, it is good to explain and understand well what a token is. A token is "the digital representation of a token on a blockchain"....

Whats are Stable Coins and can they be trusted?

14 Jun 2020 1 minute read 0 comments Mabla

These types of coins were created not long back and just from their name they were meant to stabilize the crypto market. Everybody wants the freedom that is found in the crypto market but without stable coins only day traders would have benefited fro...

How to earn (BTC) online

25 Jun 2020 4 minute read 6 comments Roberto D.

FreeBitco.In is the best known faucet in fact you will probably already know what I will talk to you about, however I hope this is not the case (otherwise I wrote for nothing ..) Please note: Whenever you find "Freebitco.in" written you can click and...