EOS Startup Block.One Is Using Its Billions to Buy Back More Equity
Block.one is buying back more equity from early investors. Some – but not the most famous ones – made 6,500 percent on the last buyback.
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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
Early supporters of EOS, the world's seventh-largest blockchain by market cap, are leaving. Here's why.
LiquidApps, an EOS scaling project, imitated Block.One's record-setting ICO strategy but has been met with far less investor interest.
Maximum transactions: How a project called EIDOS is congesting the EOS blockchain.
Uplandme, a "Monopoly"-like property game built on the EOS blockchain, has raised $2 million in seed funding.
Programmed to boost rankings, increase liquidity of tokens, and sabotage competitors, bots are challenging the integrity of Dapps.
