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”


EOS Sees Core Developers Moving Away From the Protocol

16 Jun 2020 1 minute read 4 comments Abhi K

Research published by venture firm Outlier Ventures on June 11 indicates that the EOS (EOS) network is experiencing a high level of attrition, as several core developers have moved on from the project while also facing a significant drop in developer...

Developers’ Favorite Crypto Project and their Influence (EOS, TRX, ETH,...)

20 Jun 2020 2 minute read 2 comments Lodhfiaz

Recently, I read the Outliers Ventures' report (here) and this report will surely interest you a lot since it contains a massive amount of information on many blockchain project and especially about the work of the developers. I think each of us is m...

Partnerships and System Innovations Mark Equilibrium’s Progress in June

11 hours ago 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...

Bitrue Enhances Its Crypto-Backed Loan Offerings with Improved Interest Rates for EOS, LTC & BCH

8 Jun 2020 3 minute read 1 comment Crypto Adventure

Leading financial services platform Bitrue announced their intentions to adjust the interest rates of EOS, LTC and BCH in their Power Piggy program to a baseline of 5.3%, starting with the interest distribution on June 5 at 16:00 UTC.  Bitrue exchang...

How To earn Passive Income on Your EOS with Bitrue Piggy Power

22 Jun 2020 1 minute read 1 comment Crypto Adventure

On June 3, 2020, Bitrue, a cryptocurrency exchange based in Singapore, announced via twitter that they had unveiled a new way for users to earn passive income on their idle digital assets.  By using the Power Piggy, users can now earn passive revenue...

Is Dogecoin good or bad to invest in?

18 Jun 2020 1 minute read 1 comment Mabla

Dogecoin is a decentralized crypto currency which was developed on December 2013 by Billy Markus and his team. It is a fun coin with a Japanese breed dog on their logo. When it was introduces it was worth close to $0, maybe because they did not do en...

What is Crypto Staking and its benefits?

18 Jun 2020 1 minute read 4 comments Mabla

Crypto currencies are always being mined and blocks added to the blockchain on daily basis. For every block added to the blockchain the miners are rewarded in crypto currencies and these miners have large pools so they are capable solving algorithms...

🗞 Daily Crypto News, July, 6th 💰

14 hours ago 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...

How to make money in volatile markets

7 Jun 2020 1 minute read 1 comment Mabla

Making money is everyone’s dream , but all dreams has to come to reality at certain point but that only happens if you take action and find the right spot to invest in. The crypto market is the most liquid market with a total capitalization of approx...

Study: developers leave EOS, Bitcoin Cash and Tron

14 Jun 2020 1 minute read 3 comments Kluma

Over the past year, the activity of developers of several blockchain projects at once has significantly decreased. EOS (85%), Bitcoin Cash (63%) and Tron (51%) turned out to be anti-leaders in the number of developers who left projects, according to...