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”


Introducing Defibox: An All In One DeFi Application Built on EOS

12 Sep 2020 7 minute read 5 comments Jimmy D [Uplift.Art l The Uplift World]

Unlike in other areas of the blockchain and cryptocurrency space, the whole DeFi craze in EOS has came about a little slower.  Although EOS is beginning to catch up in terms of volume of DeFi applications out there, one very welcome addition to the s...

How EOS theoretical decentralization, is in reality centralized

1 Apr 2020 7 minute read 24 comments Allen Walters

EOS is promoted as a blockchain "utilizing a decentralized consensus algorithm". In this article I will discuss the theoretical decentralization, and how that plays out in reality as a centralized result.  EOS governanceWhere most decentralized block...

Binance, Eosfinex, EOS Nation and EOS Cannon are Approving Updates of EOSDT Contracts

22 May 2020 1 minute read 4 comments Equilibrium

Equilibrium strives for full decentralization. The governance framework that drives the updates to Equilibrium is now also decentralized, depending on multiple entities working together. Binance is the newest, biggest name on this list, joining an EO...

Earning EOS on Womplay - Is it worth your time?!?

8 May 2021 1 minute read 0 comments BTCSam

Womplay is a quite new project where you can get paid in EOS for playing PC and (mainly) smartphone games. That sound's too good to be true, right? I tested the site for a while now and here's my review. What's Womplay? It's a site that is rewarding...

Two Sides of the Tron Coin: Part 2 - Dapps

25 Jul 2020 3 minute read 2 comments ExponentialOne

This is part 2 of my 3 part series where I look at the pros and cons - the two sides - of Tron. For this three part series I want to look at three important parts of Tron - transactions, dapps, and decentralization, but try to look at it from both si...

How To Get an EOS Account

18 Apr 2020 8 minute read 11 comments Upliftnation.io

There are multiple ways to get an EOS account. In this post then we will outline some of the easiest ways in which to do so. But first just a quick recap of EOSIO software and what separates it from some of the other blockchains in the space. For tho...

How Do Non-Custodial Exchanges Work Without A User Management System?

8 Mar 2020 8 minute read 6 comments ankarlie

Introduction: Another CEX Excuse In what seems to be becoming a common trend nowadays another centralized exchange (CEX) has gained the attention of the crypto trading community for its inability to process withdrawals. After Fcoin’s revelation of it...

Woe is EOS - Class Action Law suit is hard to ignore

18 May 2020 4 minute read 7 comments thunderboltkid

Direct from the blockcrypto  gang © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Definitely...

BTC hits $10,000 USD as crypto growth continues

9 Feb 2020 1 minute read 16 comments manilpwn

Today, the price of BTC hit $10,000 USD, with the price currently standing at $10,071, a 39% increase over the price 60 days ago. Over the course of December and early January, BTC struggled to maintain a price of $7000 USD, dipping below several tim...

NFT Game Day w/ Corey Cottrell & Jimmy D: Featuring mBlu Crypto of Uplift.Art

13 Feb 2021 4 minute read 0 comments Jimmy D [Uplift.Art l The Uplift World]

NFT Game Day happens every Friday w/ Corey Cottrell and Jimmy D, and is a day where we entertain ourselves and all those that tune in with the latest amazing, wondrous, and fascinating happenings though fun, enlightening, and informative deep dives w...