EOS News, Price Predictions, Opinions and Analyses Created by Users

EOS (EOS)

893 Articles 1311 Followers

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”


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...

Libra (Facebook) and Ton (Telegram) the two crypto projects that will never see the light of day

15 May 2020 3 minute read 16 comments Roberto D.

Today a slightly different article than usual to take stock of the situation on Libra and Ton, the two cryptocurrencies of Facebook and Telegram respectively. Their launch seemed imminent but after more than a year after confirmations and denials, le...

Ethereum vs Other Smart Contract Platforms

15 May 2020 3 minute read 0 comments reedyzzx

Ethereum is the most popular smart contract platform out there and it’s been used for a wide range of use cases - from DeFi applications to DEXs. Compared to many other altcoins, it looks like Ethereum has a huge advantage due to its active communit...

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...

🔥🔥Crypto Idle Miner Earn HORA token

13 May 2020 2 minute read 5 comments Airdrop Radar

INTRODUCTION: Crypto Idle Miner by Hora Games. The game works like other idle games, where you are required to upgrade certain items, to provide a multiplier to a cash value. Once you reach a certain value, you can “prestige” to start from the beginn...

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...