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”


EOS Coin Review 2020

20 May 2020 5 minute read 0 comments ChangeNOW

If you have been following EOS crypto news lately, you must have realized that the cryptocurrency is giving investors a potential investment opportunity. EOS is considered a controversial project due to its dubious implementation. It started with a $...

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19 May 2020 1 minute read 0 comments Bichoco

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EOS Faces Another Lawsuit Over ICO

19 May 2020 2 minute read 1 comment Abhi K

EOS ICO investors have filed a class action lawsuit in a case of securities fraud against EOS developer Block.one and leadership on May 18, according to official documents. Crypto Assets Opportunity Fund LLC and Johnny Hong filed the complaint in the...

EOS developer accused of violating securities law

19 May 2020 1 minute read 1 comment Kluma

Block.one, which held the largest ICO in history and raised $4 billion, is being sued Block.one, the Issuer of the EOS token, was accused of violating securities laws during the ICO. Crypto Assets Opportunity Fund LLC filed a class-action lawsuit in...

The EOS project and a good way to get started.

19 May 2020 1 minute read 0 comments Panzer

The EOS project was launched back in June 2018 and it has about a billion tokens in circulation. 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 user...

Woe is EOS - Class Action Law suit is hard to ignore

18 May 2020 4 minute read 7 comments thunderboltkid

Direct from the blockcrypto  gang © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Definitely...

Up for Discussions Sunday Podcast ft. Max Infeld of Krown DAC

17 May 2020 1 minute read 0 comments jeninacrypto

  Up for Discussions Sunday Podcast🎙 ft. Max Infeld of Krown DAC👑🔝   Hi Cryptofriends! This week Up for Discussions is arrived🔥 About Up for Discussions - Every Sunday Discussions.app team gather on their discord channel at 23:0...

Vitalik Buterin says he has "some respect" for Ethereum's main rival

17 May 2020 1 minute read 2 comments PassionCryptodotcom

Ethereum co-founder Vitalik Buterin said he had "some respect" for EOS , the main rival of its creation. Although Buterin did not agree with the delegated proof of participation model, he praised the project's efforts to develop an alternative “princ...

EOS Short Term Price Prediction

17 May 2020 1 minute read 0 comments skyislimit

For a while, we did not make any posting concerning EOS and almost every day it was moving sideways and slightly downside but now things are changing and EOS coming back. First of all, it has major resistance at $2.65 and if it can pass it then the n...

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16 May 2020 1 minute read 0 comments favicon

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