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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”

LynxChain Live

2 weeks ago 6 minute read Jimmy D [Trybe.One I Upliftnation.io] $0.34 tipped

Well, its official.  LynxChain has finally launched on the EOS network. I have registered one account of my possible three that are allowed.  The process is free and fairly straight forward.  Although there are a couple of things that I have learned...

COSS Exchange Exit Scammed ?

2 weeks ago 1 minute read kingscrown $0.33 tipped

Coss is/was a pretty cool project with loads of options and exchange paying parts of their fees to HODLers who have COS token. Now without any notice they closed trading/withdrawals for 3-4 weeks. Their Reddit got full of exit scam accusations and th...

Countdown to Voice - EOS Voice

2 weeks ago 1 minute read Hodl EOS $0.33 tipped

The beta launch of Voice on EOSio is getting close.  Since the announcement of Voice in June 2019, there has been many people patiently waiting for the launch.  The day is getting near with February 2020 just around the corner. Track how many days a...

Tutorial: Buy LNX on Newdex With Lynx Wallet

1 week ago 1 minute read Meme My Coin $0.31 tipped

Meme My Coin now has a YouTube channel that will be synced to LBRY soon as well. Check out this tutorial that shows you how to buy the new LNX tokens from Newdex with your Lynx wallet. LynxChain just launched a week ago and it's an eosio chain, but i...

Prospectors game, or mining crypto with a pickaxe

5 days ago 1 minute read Jelly Fish $0.30 tipped

A few days ago I came here across an article about yet another browser-based game. Usually, I'm pretty much skeptical about all kinds of browser-based games, because I see most of them either dull or created only to suck user's money out for various...

Volatility and Correlation - A view of the past with a vision of the future

2 days ago 4 minute read Guillermo Escudero $0.30 tipped

In this market article we will discuss a concept that is heard a lot in financial markets and even more in the crypto ecosystem, which are volatility and correlation. We will see how volatile Bitcoin is making a comparison with three other crypto kno...

EOS, The best performing crypto in this week. Best investment for this year ?! Possibility of 500% gains !

1 week ago 1 minute read Crypto Wizard $0.28 tipped

EOS, short introduction  EOS.IO is a blockchain protocol powered by the native cryptocurrency EOS. The protocol emulates most of the attributes of a real computer including hardware (CPU(s) & GPU(s) for processing, local/RAM memory, hard-disk storage...

Japan wants to halve the leverage available for cryptocurrency trading

1 week ago 1 minute read Roberto D. $0.28 tipped

FSA, the Japanese agency for financial services, has proposed to halve the leverage in cryptocurrency trading from 4 to 2; the proposal was put forward today and, if approved, it would represent the first similar case in the country. Previously, in f...

Six Cryptos that you must have on your Portfolio.

3 weeks ago 1 minute read alberdioni8406 $0.28 tipped

The Year is just starting and movements into the crypto space are getting traction and investors a looking to Cryptos that could make even more valuable their portfolio. *this is not an investment advice only an informative post about prominent Crypt...

Trade Bittrex and Upbit without KYC, AML or any Documents Check

3 weeks ago 1 minute read kingscrown $0.27 tipped

Bittrex shares books with Upbit - they both are huge exchanges yet both need full KYC, AML - documents verification. Some people may have issues to pass it or do not want to do it. Bittrex started as no KYC exchange so i can understand that. Sure yo...