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

Telegram’s Ton Case Postponed To 2020 By Un District Court

  The UN district court, New York postpones the case hearing against Telegram Open Network (TON) which was filed by the Securities and Exchange Commission (SEC). The case will now be heard on February 2020. In accordance with the TRO filed, Telegram should have been in front of the court …

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Ripple CEO Reveals, They Sign more than 30 Deals a Quarter

Ripple is very popular among financial institutions and banks for its multinational blockchain remittance service. Previously, Ripple has collaborated with a lot of famous banks and institutions around the globe. Also, recently the CEO of Ripple, Brad Garlinghouse has stated that the blockchain remittance company Ripple has signed over 30 …

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Bitcoin Shows No Sign of Recovery, In Verge of Dropping Below $7000

Current Price of Bitcoin: Currently, the currency trading at the value of $7,938.43 and its value is decreasing by 2.03%. The market capitalization of the currency is $142,883,413,333 and the 24-hour volume of the currency is $15,138,668,727. The circulating supply is 17,998,962 BTC and the ROI of Bitcoin is 5,767.28%. …

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Cryptos Under Green Signal After CFTC Head Speaks For Ethereum Future

Heath Tarbert, head of the United States Commodity Futures Trading Commission (CFTC) talked about the future of cryptocurrency and the government regulations on cryptocurrency as well in the recently held  Yahoo Finance’s All Markets Summit in New York City on October 10. The native derivative cryptocurrency of the Ethereum ecosphere, …

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