About a week ago, we were reporting that over 200k ERC 20 smart contracts have been issued on Ethereum‘s mainnet, and this event marked a massive milestone for the blockchain platform. Back then, the Daily Hodl noted that Ethereum has witnessed a lot of high-profile developments in its short lifespan. The platform’s myriad of use … Continue reading "Ethereum Vs. Bitcoin And EOS: ETH Dominates Network Development Activity"
The market is showing signs of fresh buyers and Bitcoin, EOS, and Monero entered the green zone within the past days. At the moment of writing this article, the most important coins are trading in the red on CMC and only EOS is green. OurBitcoinNews writes that “If a proper climb is initiated by BTC, … Continue reading "Bitcoin, EOS, And Monero Look Bullish These Days – DefCon 27 Last Day "
The crypto market has been fluctuating a lot lately, and there have been a lot of price-related predictions popping up in the crypto space. Today, most coins are trading in the green on CMC with Bitcoin being priced at $10,614.04. Bullish signals for XRP, BCH, and EOS Now, Smartereum says that XRP, EOS and Bitcoin … Continue reading "XRP Price Predictions For 2019: Ripple’s Coin Is Reportedly Ready To Surge Together With BCH And EOS"
What is the EOS?
EOS is an alternative to Ethereum, created by Dan Larimer, who is also the creator of Steem and Bitshares. EOS promises a faster system and better scalability than the Ethereum, which would allow users to create decentralized applications more efficiently.
EOS is designed to support distributed applications that have the same look and feel as their centralized equivalent, for example without the user having to pay for each transaction.
This allows new blockchain users to engage without having to navigate the complex process of acquiring cryptocurrency and this should help develop the sector.
It also means that any type of application can be built, run and managed by the EOS operating system, creating a new level of transparency.
EOS is designed for large scale development for large enterprises, currently not considered by existing blockchain platforms.