Everyone’s Worst Fears About EOS Are Proving True
Early supporters of EOS, the world's seventh-largest blockchain by market cap, are leaving. Here's why.
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About
EOS is similar to Ethereum in that it is a blockchain platform which allows decentralised apps to be created and developed. The platform should effectively provide its own operating system including cloud storage and has the ability to process one million transactions per second without any fees. A notable distinction is that transaction confirmation is done through a democracy like system where block producers are chosen by the entire EOS ecosystem through voting known as delegated proof of stake (DPoS). Block.one created EOS in September 2017 and it now has over 100 decentralised apps (dapps) with at most 6,000 daily active users.
Blockchain 101EOS
EOS VC is looking for "world-conquerors and local heroes" for its new grants program.
Equilibrium will hold 6.5 million EOS tokens in reserve as an insurance policy for users should its stablecoin lose its peg.
In a departure from earlier announcements, the company now says its Facebook rival, Voice, "will be run on a purpose-made EOSIO blockchain."
Eric Weinstein of Thiel Capital talks with Leigh Cuen about the philosophy behind the crypto markets.
Maximum transactions: How a project called EIDOS is congesting the EOS blockchain.
