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 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...

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...

👑KROWN & Discussions💬 Community Engagement Contest!🍀 No.1

21 May 2020 1 minute read 0 comments jeninacrypto

KROWN Discussions Community Engagement Contest! No.1Deadline May 31st, 2020 6PM PDT 👑👑👑 Get 5k - 25k KROWN per post, plus KROWN Discussions Community bonus!!! Follow These Steps:👣 ✅Sign-up for discussions.app (unless you already have one)✅Create a v...

Weekly Crypto News Roundup - 5th of May - 12th of May

12 May 2020 3 minute read 4 comments pheonixdown-dee

Hello and Happy Halving day everyone! Bitcoin has officially completed it's block reward halving. If you don't know what that means, I have attached a video below that explains everything you need to know about the Bitcoin Halving.  Now to the stori...

Discussions Development Update, Community concerns about EOS VC and more! Up for Discussions May 10th.

11 May 2020 1 minute read 0 comments jeninacrypto

About Up for Discussions - Every Sunday Discussions.app team hold a public meeting in their discord channel to go over some of the things they’ve been working on in the back as well as to talk about some of the content that have been posted on Discus...

SEC Settles with Block.one and Nebulous

1 Oct 2019 2 minute read 1 comment Cryptos.com

The U.S. Securities and Exchange Commission (SEC) has settled with Block.one (maker of EOS) and Nebulous (maker of Siacoin). While a formal SEC press release is available for Block.one, at this time Sia’s official blog post is first formal announceme...

Ponzi scheme responsible for high gas fees

16 May 2020 1 minute read 0 comments bitcoindelight

I use Ethereum quite often on different sites for games and news sites. Usually, I do 3-5 transactions a week - although I started to think twice to send ETH recently when I noticed that I had to pay insane high fees for my transactions.  January was...

Why Learning is more important than Earning ?

26 Apr 2020 2 minute read 3 comments OshO

All over the internet you can find tutorials about how to earn crypto easily. Most of the time, the only thing that you are going to do is waste your time. Doing faucets is the most common way to earn cryptos online. But what is it and why would they...

Battle of the Smart Contract Platforms - Ethereum vs EOS vs Cardano

22 Jan 2020 7 minute read 42 comments cam_elica_24

Image Source: Bitcoinist The rise of blockchain technology has revolutionized pretty much everything around us. But while bitcoin and other cryptocurrencies showed us that it was indeed possible to facilitate decentralized peer-to-peer payments, it...

EOS (EOS) Price Prediction 2020 - $10.25 Possible?

23 Oct 2019 9 minute read 2 comments CryptoChartWizard91

EOS saw a great start to 2019 as it managed to surge by almost 260% and reach the 2019 high of around $8.59 in June. However, since reaching this high, things have been pretty dire for EOS as the cryptocurrency plummets by a precipitous 65% to reach...