TCR TOP STORIES

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

Bitcoin Price Analysis: Bitcoin (BTC) shows a huge drop

Bitcoin (BTC) as of writing this article was trading at $10,024.1 against the United States dollar (USD) and the coin was showing negative and download fall of -1.54 percent. The market cap of the coin was $170.876 billion United States dollar (USD) and the market supply of the coin was …

Read More »

What is Ethereum blockchain and its functions and aspects at Large?

What is ethereum? Ethereum is basically a contract platform, conceptualized by vitalik buterin, which allows the development of decentralized applications. It happens to be a vital part in the domain of cryptocurrency as when conditions are met, it executes itself automatically. It is basically regarded as a pioneer for smart …

Read More »

Bitcoin (BTC) is anything but a hedge

What is a hedge? Here is how the definition goes: Investment position intended to offset potential resources or games that may be incurred by a companion investment In short when you do a hedge investment, you do any investment to minimize your loss or to reduce the risk involved in …

Read More »

Ripple Price Analysis: The Crypto is Showing Bullish Surge

The cryptocurrency market is experiencing ups and downs this week. Some of the currencies have experienced the bullish surge, but the market has again under the slight correction. The top ten currencies are under bearish pressure. Ripple (XRP) has shown some nice movements in this week and the value of …

Read More »

Bakkt’s launch is going to give a boost to Bitcoin (BTC)

As of writing this article Bitcoin was trading at $10.677.1 United States dollars (USD) and was going and upward and positive growth of 2.71 percent. The market cap of the coin was $190.40 billion United States dollars (USD) and the market supply of the coin was 17.83 million. Bitcoin (BTC) …

Read More »
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.
Skip to toolbar