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 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...

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...

DeFinitely #4

16 May 2020 1 minute read 0 comments favicon

I read some interesting articles during the week, covering lots of exciting DeFi projects. And I think you can not afford to miss out, so here's my share Loopring 3.5 is Code-Complete and Ready for Review Tominoya Casino NFT Sale + OpenSea Listings...

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...

Using Blockchain To Build Token Communities | Tao of Satoshi's Interview with Jacques Xu, Discussions.app

16 May 2020 1 minute read 0 comments jeninacrypto

Posting content online can be tricky with centralized sites prone to censorship. Discussions.app takes advantage of blockchain functionality to offer a decentralized posting experience. Today on CATV Christopher Carruthes AKA Tao of Satohi talk wit...

18 Accounts Made 50% of all XRP Transactions

14 May 2020 1 minute read 1 comment Abhi K

A research paper made available on May 12 on open-access research paper repository arXiv has examined the transactions on major blockchains XRP, EOS (EOS) and Tezos (XTZ), with interesting results. Notably, it states that only 18 accounts were respon...

Look out: burglars are coming! 🦹🏻‍♂️🦹🏻‍♀️

13 May 2020 2 minute read 5 comments LazUpland

May 18th is International Museum Day, a day to celebrate each museum’s culture, subjects and unique preoccupations. But while you stroll past any of the 24, beautiful San Francisco museums that Upland has to offer: be careful. Burglars might be plann...

Join Puml Challenges!

13 May 2020 1 minute read 0 comments jeninacrypto

Hi Cryptofriends! I invite you to earn crypto for completing global step challenges, live stream workouts and more!🏆🎬🏁🏃‍♂️ Check out Puml current open global challenges and download the app to join!https://puml.io/challenges/ Get Active Today and E...