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Even if the EOS Network concentrates on distributing the new digital coin EIDOS, the platform is riddled with challenges. According to research done by the crypto exchange platform Coinbase, the platform is operating on borrowed resources. Coinbase team reveals that the EOS Network temporarily ceased operations between November 1 and November 8. However, the operations [...]
The Securities and Exchange Commission (SEC) has slapped the blockchain company, Block.one, with a $24 million civil penalty for unlawfully conducting an Initial Coin Offering (ICO). According to a report released from the SEC office dated September 30, 2019, the regulatory body stated that it had settled charges against Block.one for unlawfully initiating an ICO [...]
There are many people that have made huge earnings by investing in cryptocurrencies and they continue to do so by still making right investment choices. However, most beginners still have difficulties in finding the next cryptocurrencies in which to invest in the year to come. As it can be very confusing to start with initial [...]
In spite of a current bear market, there are still many investors that see many opportunities in the crypto space. A crypto coin which has attracted the interest the interest of investors is EOS. EOS is currently ranked the 6th cryptocurrency according to market cap and is currently trading at $5.90 USD. EOS is a [...]
DappRadar announced that it would take action to remove bots from its statistics. The website analyzes the traffic and transaction volumes of more than 1,000 distributed applications on EOS and Ethereum. This new development allows the site to provide more accurate data, according to a recent tweet. This announcement implies that the robots mainly concern [...]
Spacebit, a space block chain program is only launched by astronauts, consultants, rocket scientists and contractors, has just negotiated an agreement with the blockchain EOS. The goal of the project is to create a democratized access to outer space through the symbolization of space missions across the Earth and throughout the galaxy. The company aims [...]
What is EOS? EOS is a blockchain platform which works similar to Ethereum for the development of decentralized applications (DAapps). It was designed to facilitate DApp development by providing an operating-system-like set of services which can be used in the developmental process. Often called the “Ethereum killer”, the platform aims to improve a few things [...]
EOS uses a consensual participation-testing algorithm. In this system, the chip holders agree with 21 representatives known as Block Producers (BP), who maintain the history of the block chain and receive rewards. This system proved to be faster than the work-test or impact testing systems because there are fewer decision makers and only compete during [...]
Many people focus on large networks such as Bitcoin and Ethereum. They do not see the potential of underdogs like EOS. If you ignored EOS, it's time to change the perspective. With so many problems in the cryptocurrency market, it could be difficult to decide which cryptocurrency to invest. One thing to keep in mind [...]
A painting was published, allegedly written by Shi Feifei, an employee of Huobi. Authorized "Huobi Data Hub Pool 20180911", details the document on the mutual exchange of voting blocks and revenue generation in EOS. The document shows Huobi's votes for 20 (minor) block producers in EOS, and 16 of them voted in favor of Huobi. [...]
Brendan Blumer, CEO, and founder of Block.one, talked about the sale of EOS, investors of the company and the next Bitmain ICO, in an interview with Bloomberg Markets and Finance. It should be noted that EOS, one of the largest cryptocurrencies in space, has reached the largest sale of ICO in the world, about $ [...]
When new to the cryptocurrency world, one of the first things you will learn while researching “What is Bitcoin?,” is the fact that there are a large number of other cryptocurrencies out there. These digital currencies are called altcoins. The term stands for “alternative to Bitcoin,” and it basically describes every other cryptocurrency that isn’t [...]