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”


The Blockchain Dictionary - 35 Terms You Should Know Before Buying Your First Crypto

1 week ago 7 minute read 0 comments bettercallpaul

Don't Buy a Single Token Until You Read and Understand Each Definition Brought to you by                               This post aims to define some basic crypto/blockchain terms for those new to the wonderful world of Magic Internet Money!  We w...

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

22 Jan 2020 7 minute read 43 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...

Safeguarding Customers on CEXs: What's Being Done and What Can Be Done [An Analysis]

2 weeks ago 6 minute read 4 comments ankarlie

Image Source   Due to the many risks associated with using centralized cryptocurrency exchanges (CEX) one would wonder what steps have been done by CEX operators to mitigate them. Truth be told many CEX operators have been seeking ways to ensure t...

CryptoCartoon of Daniel Liebeskind | Everipedia

1 week ago 1 minute read 0 comments jeninacrypto

Jenina🌟Crypto's cartoon of Daniel Liebeskind, Chief Product Officer at Everipedia and an experienced software developer and entrepreneur specializing in building web, mobile and blockchain applications with a background in investment banking and ven...

Boid Whitepaper 2.0 Released! - EARN some BOID

1 week ago 1 minute read 0 comments jeninacrypto

Hi Cryptofriends! Finally the Boid Whitepaper 2.0 has been released!🙌 Also Boid is offering over 2M BOID as rewards for community members, don't miss this chance to earn some cool tokens!!🏆🤑 And no worries if you don't have an EOS account, you can p...

What is the EOS token? The Ethereum killer? You decide!

1 week ago 5 minute read 8 comments LiquidAttic

I really like the EOS logo. And the tech is very promising at the monent of writing. But in general I like the whole look of the project. But there is also a lot of controversy around this project.  I was really wondering what is the next big project...

Ethereum vs. EOS vs. Tron vs. Tezos - How do they Compare?

1 Jun 2019 3 minute read 0 comments 215

As the battle of the blockchain protocols heats up, developers, investors and dapp (decentralized application) users are trying to figure out which of the industry players might win the race. Cryptoasset research firm Bitassist in collaboration with...

Proton Chain by Metal Pay and Lynx

3 days ago 1 minute read 0 comments CPix

Recently Metal Pay and Lynx have released details pertaining to their much anticipated new blockchain which will connect retail user's bank accounts with blockchain infrastructure. This will enable seamless payments of fiat currency and cryptocurrenc...

What is Dash? How it works?

5 days ago 2 minute read 0 comments PrisonedBus9641

Dash identifies a cryptocurrency that was initially intended as Darkcoin and XCoin. It is an open source cryptocurrency that exploits peer-to-peer technology that has set itself the goal of being the most appreciated cryptocurrency among traders.It o...

⭐Introducing PUML New Coachs!💪😎

1 week ago 1 minute read 0 comments jeninacrypto

Hi fit peeps! PUML Better Health recently introduced two new cool Team members!🤝 They are: 🌟 Olly Wood 🏋️♂️💪😎 Olly Wood is Puml Head Coach and will be providing some information on health and fitness to all members, plus he is working on a 6 week -...