EOS (EOS)

Billed as a potential “Ethereum Killer”, EOS proposes improvements that can challenge Ethereum as the dominant smart contract platform. One main issue EOS looks to improve is the scalability problems which has plagued the Ethereum network during times of high transaction volume, specifically during popular ICOs.

A perhaps more profound difference EOS has, compared to Ethereum, is the way in which you use the EOS network. With Ethereum, every time you make modifications or interact with the network, you need to pay a fee. With EOS, the creator of the DAPP (decentralized app) can foot the bill, while the user pays nothing. And if you think about it, this makes sense. Would you want to have to pay every time you post something on social media? No, of course not!

In addition to this, EOS has a few other technical advantages over Ethereum such as delegated proof of stake and other protocol changes. Just know that EOS has some serious power under the hood to back up the claim of “Ethereum Killer”.

EOS was created by Dan Larrimer who is no stranger to blockchain or start ups. He has been the driving force behind multiple successful projects in the past such as BitShares, Graphene and Steem. For more information on EOS such as how and where to buy EOS tokens, EOS’s vision and potential challenges, see “What is EOS”.

Top News

Ethereum Completes Istanbul Hard Fork

Ethereum Completes Istanbul Hard Fork

This is the Ethereum network’s first hard fork since Constantinople in February. It is said to improve speed and gas efficiency. It was activated at block number 9,069,000. Ethereum completed its Istanbul hard fork on December 8th, 2019. This is the Ethereum network’s first hard fork since Constantinople in February. …

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Tezos Foundation Ready to Fund Ethereum’s Projects

Tezos Foundation Ready to Fund Ethereum’s Projects

The Tezos Foundation (TF) is willing to provide funding for some of the Ethereum Foundation’s projects that were abandoned due to lack of financing. The Ethereum Foundation is planning on shutting down a lot of their international teams in 2020. Nina Breznik tweets on how her team wishes to continue …

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Ethereum Announces it’s Latest Update for Eth2

ethereum post is there proof read it.

First ethereum2 networking call to tackle all the networking and first eth2 phase2 community call to rally the effort. Parity’s Shasper joins Prysmatic’s Sapphire testnet.  Presentation, specification, and implementation of the new BLS standards. Ethereum announced an update on its blog on December 5, 2019. The update highlighted many new …

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Microsoft Helping Firms to Trust AI using Blockchain

Microsoft Helping Firms to Trust AI using Blockchain

Microsoft is using Blockchain technology as an option to make artificial intelligence less complicated. This blockchain data manager takes on-chain data and connects it to another application so the transaction data from nodes can be sent to other databases. The tracking of shipments of organic beef from Argentina could be …

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SBI Holdings to Pay Dividends in XRP Tokens

SBI Holdings to Pay Dividends in XRP Tokens

SBI Holdings CEO Yoshitaka Kitao reveals that the Japanese financial services giant has been considering paying shareholder dividends in the form of XRP tokens. The opt-in program is expected to launch during the fiscal year ending in March 2020. This latest move provides substantial credibility to Ripple and its overall ecosystem. …

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Facebook Presses for Regulatory Approval in the EU But Failed

Facebook Presses for Regulatory Approval in the EU

Facebook’s own digital currency Libra continues to push for establishing its presence in Europe. EU finance ministers agreed that private digital currencies should not be permitted until the risks are clearly addressed. Dante Disparte, deputy chair of the Libra project is determined to make a presence in the EU. Facebook’s …

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VeChain Launches VeVote in an Attempt to be More Transparent

VeChain Launches VeVote in an Attempt to be More Transparent

VeVote is a tool that the VeChain community can use to see the incoming changes in the VeChain ecosystem. VeVote provides a transparent and decentralized platform for stakeholders to cast their votes based on their voting authority. The whole process is executed via smart contracts and is recorded on the …

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