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”


DApp Transaction Volume Reaches 12 Billion Dollars in Q2 2020 Via the adoption of DeFi

9 Jul 2020 1 minute read 0 comments PassionCryptodotcom

DApp transaction volume reached $ 12 billion in the second quarter of 2020 - an increase of $ 4.5 billion from the first quarter. The Dapp base of Ethereum alone accounted for 82% of sales of 12 billion.  EOS ( EOS ) and Tron ( TRX ) have also incre...

Alamo Square: The Birth and Growth of the Community at “The Heart of Upland”

6 Jul 2020 4 minute read 2 comments Gawbie

  In real life, Alamo Square is a quaint area in District 5 of San Francisco. Other areas that comprise this district are Inner Sunset, Japantown and Haight Ashbury. It’s most notable and Instagrammable landmark is the row of Victorian houses known a...

EOS Cryptocurrency Project | What is EOS? and How does it function?

7 Jul 2020 2 minute read 0 comments NassiroV

Image Source What is EOS? The EOS project aims to be, in short, the replacement for the Ethereum: its creator, Dan Larimer, aims to make it the most important platform for smart contracts and other decentralized applications. Said Dan Larimer also c...

Vigor Protocol ReDeFining DeFi

12 hours ago 1 minute read 1 comment Hodl EOS

The Vigor Protocol is a DeFi crypto lending application on EOS.  Users can borrow, lend, and earn rewards using the protocol. The Vigor Protocol is live on the EOS mainnet and will be opening to the public soon.   Website: https://vigor.ai Spanish (...

Price analysis 7, July EOS, cardano, stellar and monero

7 Jul 2020 1 minute read 0 comments haidernasir

EOS, Cardano and stellar is on a uptrend, while Monero is on a downtrend. Here a price chart of four cryptocurrencies. EOS/USD EOS is at $2.53 at 3:15 PM GMT, with a gain of 2.06% in its price in the previous 24 hours. EOS with its 24 hours high will...

The easiest way to get free cryptocurrencies (with proof of payments)

12 Jun 2020 2 minute read 7 comments Roberto D.

RollerCoin is an online game (a kind of faucet, but not really ..) in which mining is simulated as it would be in real life. The site in fact consists of several sections with which you can earn Bitcoin, Ethereum, Dogecoin and Rollercoin Token (the s...

HitBtc - High Liquidity Exchange For Spot Trading!

2 Jul 2020 3 minute read 5 comments Sapphire

Perfect For Spot Trading HitBtc has been in operation since 2013 and has become a force to be reckoned with when it comes to spot trading. A lot of traders make use of exchanges such as Binance and FTX when it comes to spot trading. These are really...

🔍 VOICE - The new social media platform on EOS launched?

4 Jul 2020 1 minute read 1 comment resiliencia

Hello! Last June 2019 a new social network called VOICE was announced by Brendan Blumer (Co-founder and CEO of block.one) and Daniel Larimer (The father of Steem and EOS). At first it seemed a very interesting idea, they proposed a new social network...

Cross-Chain Deposits Launched on Newdex

5 hours ago 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...

The easiest explanation about Token and Tokenization

1 Jul 2020 4 minute read 0 comments Roberto D.

We hear more and more often about token and tokenization, but what does it really mean? Before talking about tokenization, it is good to explain and understand well what a token is. A token is "the digital representation of a token on a blockchain"....