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”


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...

Receive $41 in Crypto in as little as 10 minutes!

5 Jul 2020 1 minute read 2 comments Monotone

Sign up to coinbase and watch a few videos and answer questions. Takes only a couple minutes and can be exchanged for Bitcoin or Ethereum immediately or withdraw to your paypal as fiat. All the correct answers are in this post, making it as easy as p...

Active DApp Users on Ethereum Doubled in Second Quarter, While COMP Reached ATH

8 Jul 2020 1 minute read 1 comment PassionCryptodotcom

Decentralized finance applications (DeFi) on blockchain Ethereum have surged in the second quarter 2020, the daily trading volume reaching a record high in June. The second quarter Dapp 2020 market report published by analytics site Dapp.com showed t...

Cross-Chain Deposits Launched on Newdex

10 Jul 2020 1 minute read 0 comments hashcash

The EOS ecosystem recently became a little bigger and much more diverse – courtesy of Newdex. Cross-chain deposit and withdrawal functionality for Bitcoin and Ethereum is now live on Newdex. This feature was introduced simultaneously with the listing...

Upliftnation Boid Season 4 Team Final Prize Reveal

5 Jul 2020 2 minute read 0 comments Jimmy D [Upliftnation.io l Vigor.ai l Trybe.One]

Hello Uplift Boiders.  As we embark on the end of Season 4 we would like to take this opportunity to announce an additional prize to our dedicated miners for their efforts to help together with Boid and all the season 4 teams to help towards better u...

Brock Pierce Running for President!

6 Jul 2020 6 minute read 2 comments Zenthereum

As most have already heard, Brock Pierce has just announced he is running for the USA presidential race. Since I'm not American I have no say on the matter. I don't like being political in my posts, but I like to point the facts. I don't have any pla...

Price analysis 6, July EOS, cardano, stellar and monero

6 Jul 2020 1 minute read 0 comments haidernasir

EOS, cardano, stellar and monero is on a uptrend. Here a price analysis of fours cryptocurrencies. EOS/USD EOS is at $2.55 at 6:44 PM GMT, with a gain of 5.30% in its price in the previous 24 hours. EOS with its 24 hours high will set its resistance...

Bitcoin Foundation Chairman Brock Pierce Goes to US President

5 Jul 2020 1 minute read 2 comments Kluma

Bitcoin industry veteran, venture investor and billionaire Brock Pierce announced his intention to compete in the upcoming presidential election. In the comments on his Twitter post, Pierce noted that he was going to the polls as an independent cand...

Blockchain-Based Social Media Platform Voice Opens Up To Worldwide Users

4 Jul 2020 2 minute read 0 comments Brennan

As per a blog post from their CEO, the blockchain-based social media platform Voice will be open to worldwide users from August 15th. Additionally, starting July 4th, people worldwide will be able to read posts on Voice with or without an account. Un...

Equilibrium’s Price Feed Contract Is Added To The Multisig

6 Jul 2020 1 minute read 0 comments EquilibriumEOSDT

From an earlier article, you may recall that we updated you on our multisignature mechanism (multisig) and the major industry players that have joined our governance system to participate in this process. As we told you at the time, multisig is a key...