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EOS News

Published by Block.one in June 2018, the EOSIO software is a blockchain-based smart contract platform aiming to power large-scale decentralized applications. The network uses a computation and storage resource exchange in place of transaction fees to create an easier user experience. Chief technology officer Dan Larimer previously founded two blockchain networks, Steem and BitShares.

The EOS protocol operates on a different consensus algorithm than Bitcoin’s proof-of-work called delegated proof-of-stake, which prioritizes speed and scalability over absolute censorship-resistance and decentralization.

A unique aspect of EOS is its approach to governance, or how tokenholders on the network vote and implement changes to the protocol over time. When a new user joins EOS, they must first sign the EOS User Agreement, which defines the rights of users on the network as well as methods for dispute resolution.

EOS is competing against a growing number of smart contract platforms including Ethereum, Cardano, NEO and Tezos, among others.

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On paper, EOS has great fundamentals, but derivatives markets suggest traders don’t feel the same about the altcoin’s price potential.

Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale

2021-10-06T22:30:00+01:00

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RGT, POLY and TLOS secure double-digit gains as investor sentiment rises after the Fed says it will not ban cryptocurrencies and Bitcoin briefly reclaims $44,00...

Rari, Telos and Polymath rally as Bitcoin price hits $44K

Jordan Finneseth

2021-09-30T20:15:33+01:00

7553

New research asserts that EOS and ETH were wash-traded on exchanges to manipulate prices during EOS’ multi-billion-dollar ICO.

New research claims 21 accounts pumped the $4.4B EOS ICO with wash trades

2021-09-03T04:58:01+01:00

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Retail traders have turned their backs on EOS, but derivatives data shows pro traders are maintaining a bullish perspective for the short term.

Derivatives data shows pro traders turning bullish on EOS price

2021-08-23T00:01:00+01:00

12477

Data from Cointelegraph Markets Pro shows SNX, AXS and EOS as the strongest 24-hour gainers as the bullish momentum in DeFi and NFT tokens continues to build.

Altcoin bulls pile into Synthetix (SNX), Axie Infinity (AXS) and EOS

Jordan Finneseth

2021-07-09T20:00:00+01:00

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With legal troubles seemingly behind the company, Block.one could set its sights on finally making a significant dent in the crypto and blockchain space.

Block.one free to focus on $10B crypto business after lawsuit settlements

Osato Avan-Nomayo

2021-06-14T10:59:59+01:00

8826

MATIC, EOS, XMR and AAVE could rally higher over the coming days if Bitcoin price can sustain within the $30,000 to $33,000 support zone.

Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE

Rakesh Upadhyay

2021-05-30T19:06:39+01:00

80563

YFI, EOS and REV notched double-digit rallies as altcoins capitalized on the oversold bounce in Bitcoin and Ethereum price.

EOS and YFI lead altcoins higher as Bitcoin and Ether bounce from swing lows

Jordan Finneseth

2021-05-11T23:13:16+01:00

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