EOS is a decentralized operational system for developing and running smart contracts and decentralized applications. Those applications can run on the EOS blockchain without requiring any transaction fees. Instead, the developer needs only to stake a proportional amount of EOS tokens to host and execute applications on its blockchain. Therefore, it allows for self-sufficient application deployment. The amount of computational power one is entitled to is proportional to how many EOS tokensShow more [+] they're holding and the total EOS in circulation.
Applications run smoother on EOS because of its parallel processing capability. It has a dPoS system, in which 21 elected nodes are elected as block producers. These nodes are constantly checked for availability and if they are unable to produce a block over a 24h time-span, their position is revoked.
What is EOS? The EOS coin is the product of the EOSIO blockchain, a well-designed platform created mainly for decentralized applications. It was meant as a solution to computer resources and imitation computer hardware and much more. Like other cryptocurrencies before it, the EOS coin was generated to provide a solution to the problem of speed that was […]
What is EOS? The EOS coin is the product of the EOSIO blockchain, a well-designed platform created mainly for decentralized applications. It was meant as a solution to computer resources and imitation computer hardware and much more. Like other cryptocurrencies before it, the EOS coin was generated to provide a solution to the problem of speed that was […]
EOS Price Analysis: Bulls Protect Key Uptrend Support
EOS price started a downside correction from the $0.806 zone against the US Dollar. The price is now trading below $0.7650 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.7530 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair […]
The post EOS Price Analysis: Bulls Protect Key Uptrend Support appeared first on Live Bitcoin News.
EOS price started a downside correction from the $0.806 zone against the US Dollar. The price is now trading below $0.7650 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.7530 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair […]
The post EOS Price Analysis: Bulls Protect Key Uptrend Support appeared first on Live Bitcoin News.
EOS Plans Major Upgrades To Enhance Verification and Privacy
Earlier this week, the EOS Network Foundation announced the planned launch of its latest consensus algorithm upgrade, Leap 6.0, in an effort to enhance and improve the efficiency and decentralization of the platform.
Earlier this week, the EOS Network Foundation announced the planned launch of its latest consensus algorithm upgrade, Leap 6.0, in an effort to enhance and improve the efficiency and decentralization of the platform.
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