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”


A Blockchain's Community Is More Important Than Its Degree Of Decentralization

9 Jul 2020 2 minute read 3 comments Brennan

I'm sure I'm not the only one who would like to go to 2009 and start mining Bitcoin with a laptop. Back then one CPU equaled one vote, everyone had an equal chance of mining a block, and Bitcoin was truly decentralized. Nowadays the hash power of the...

Weekly Dividends Report [SBET & WIN]

6 Jul 2020 2 minute read 3 comments costanza

I continue to closely keep track of what both Sportbet.one and Wink.org are up to regarding their platform while bringing regular updates on how the weekly Dividends are holding up.   Sportbet.one Year Record Dividends I wrote in my report last week...

The best ways to start winning cryptocurrencies

8 Jul 2020 2 minute read 2 comments trebol11

Lately, I have written several posts on how to obtain cryptocurrencies, here I have compiled the best ones Faucets   Freebitcoin: post It is one of the easiest to use, safest and most complete faucets. You earn Bitcoins here, and you have 7 ways to d...

Partnerships and System Innovations Mark Equilibrium’s Progress in June

6 Jul 2020 2 minute read 0 comments EquilibriumEOSDT

Equilibrium’s Price Feed Contract Was Added To The Multisig As you recall, Equilibrium uses the multisig instrument to conveniently adjust code if changes need to made while we grow and develop, and this gives us a huge advantage over other platforms...

NEXO: earn passive incomes from your cryptocurrencies

7 Jul 2020 1 minute read 5 comments trebol11

Nexo.io lets you put your crypto to work by earning you daily interest payments. It is a cryptocurrency project developed by a reputable, long-standing, and large FinTech company. Nexo launched in 2018. Just seven months after its launch, Nexo establ...

The Next Big Crypto Match ups!

9 hours ago 10 minute read 1 comment thunderboltkid

Pick a side IN THE NUMBER #1 MATCHUP OF TODAY AND YEARS GONE BY?  No need anymore with BTC heading below 60% Market Dominance and ETH "Flat-lining" at under 10% Market cap Share. It's crypto "old school' posturing these days, picking sides that is, f...

Can ChainLink grow 80%?

13 hours ago 1 minute read 2 comments Roberto D.

LINK, an altcoin that powers Chainlink's decentralized network, is currently achieving better performance than its main rivals, including Bitcoin, in terms of exchange rates. Not only that: some analysts say they are so convinced that the strength of...

🗞 Daily Crypto News, July, 6th 💰

6 Jul 2020 4 minute read 0 comments Crypto_Lemon

Bitcoin Price Analyst Says This Can Prevent a Big BTC Drop in Q3 2020; Cardano Developer IOHK Launches $20M Fund for Ecosystem Startups; Bitcoin Is the ‘New’ Apple — How BTC Price Could Reach $60,000 by 2023; New Partnership Lets Travelers Book Expe...

Coinbase going to the stockmarket?

10 Jul 2020 1 minute read 0 comments Panzer

The crypto exchange company, Coinbase, has scheduled its first-ever investor day for Aug. 14, amid rumors that the crypto exchange is exploring a public stock listing.   It is unclear, however, whether the virtual event is related to the rumored effo...

Price analysis 5, July EOS, cardano, stellar and monero

5 Jul 2020 1 minute read 0 comments haidernasir

EOS, Cardano and stellar is on a downtrend, while Monero is on a uptrend. Here a price analysis of four cryptocurrencies. EOS/USD EOS is at $2.44 at 12:14 PM GMT, with a loss of -1.37% in its price in the previous 24 hours. EOS with its 24 hours high...