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Showing posts with the label EOS

Ether showed the most aggressive growth, having risen by almost 15% over the day

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On December 29, one of the largest cryptocurrency Ethereum showed the largest increase, rising by almost 15% over the day. The daily trading volume of a digital asset exceeded $3.1 billion. The coin grew from $113 to $137, which allowed it to become the leader in growth from the top ten cryptocurrencies. In the second half of December, we saw the resumption of the Bitcoin and Altcoin rally. At this time, Ether rapidly increased in price and could even pierce the $200 mark. However, then a correction came, and the coin slipped significantly. The crypto market started to show aggressive growth again. Bitcoin once again broke through the $ 4,000 mark and now holds this position on some trading platforms. The rate of the ether has ... Read more about " Ether showed the most aggressive growth, having risen by almost 15% over the day " on coinatory.com

Huobi denies having financial business with the EOS BPs

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The Huobi currency exchange denied earlier information about collusion with the block producers of EOS digital currency. As cnLedger twitter account clarifies, Huobi also denies rumors about his participation in the manipulation of voting on the EOS network. At the last week on the Internet, information began to spread that the EOS block producers allegedly participated in a pre-coordinated voting. It was alleged that the crypto exchange Huobi joined this collusion and voted for 20 EOS blocks producers, and 16 of them in response voted ... Read more about " Huobi denies having financial business with the EOS BPs " on coinatory.com

Vitalik Buterin about EOS, Bitcoin, Monero, Zcash and Ethereum

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Ethereum Creator, Vitalik Buterin shared his thoughts on which of the blockchain systems of the system is the most promising in his opinion. In a new video on Zcash YouTube channel, Buterin explained why he is against blockchains with a single decision-making body, such as EOS, where users select representatives who provide the functioning of the network. A couple of years ago, I would most likely have supported Tezos-EOS, who believe that the blockchain needs to be managed. But now? I"m totally against it, I think it"s a crazy ... Read more about " Vitalik Buterin about EOS, Bitcoin, Monero, Zcash and Ethereum " on coinatory.com

Why dApp on EOS is not profitable for developers? (Part 2)

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The link to Why dApp on EOS is not profitable for developers? (Part 1) “EOS puts the cost of transactions and storage onto the developers. ETH puts the cost onto users” Who will pay? The cost of resources can subsequently become a problem not only for developers but also for users of EOS-applications. Former vice president of product Block.One Thomas Cox says that there are usage scenarios in which the developer can write dApp so that the user must have their own CPU and/or NET and/or RAM for interaction. He also noted that this is one ... Read more about " Why dApp on EOS is not profitable for developers? (Part 2) " on coinatory.com

What coins have users?

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The data shows that only a small number of coins and tokens have any significant user base. We know that bitcoin has a large and reliable user base - it"s true, people who really HODL it or use it, keep it in their own crypto wallets and make real transactions, instead of just trading on stock exchanges. You can quite easily find this information with the help of a blockchain. The same is with Ether. People keep it and carry out transactions, and also develop real applications with the help of its smart contracts. But is it possible to ... Read more about " What coins have users? " on coinatory.com

Why dApp on EOS is not profitable for developers? (Part 1)

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EOS blockchain, that launched on June 14 after the 340-day ICO, will naturally face many problems as it grows up. "Ethereum Killer" guarantees zero commissions and high scalability, which will allow thousands of decentralized applications (dApp) to co-exist on the platform. According to these indicators EOS wins from its overloaded, expensive and slow ancestor. However, the developers of the first dApps on EOS are concerned about another question: if Ethereum is expensive for application users (any action inside the game or another dApp is ... Read more about " Why dApp on EOS is not profitable for developers? (Part 1) " on coinatory.com

The recent story with Ethereum Classic

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The Ethereum Classic (ETC) has recently grown by as much as 19%, thanks to the Coinbase crypto exchange in San Francisco, which announced the inclusion of a coin in its Coinbase Consumer program and placing it on the list. Thus, users and customers of crypto exchanges will soon be able to purchase a coin both on the official site of the crypto exchange and in its mobile application. It is reported that the launch of the coin on sale will be available later, August 16. According to CryptoGlobe, Coinbase previously reported its intentions to ... Read more about " The recent story with Ethereum Classic " on coinatory.com

Vitalik Buterin estimated the damage from a spam attack on Ethereum at $ 15 million per day

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A powerful spam attack on the Ethereum network, which occurred in June, cost the company about $ 15 million a day. This was stated by the founder of the platform Vitalik Buterin: https://twitter.com/VitalikButerin/status/1018990773042405376 Why this is important The problem of spam on the Ethereum network became apparent after users began to pay attention to suddenly increased fees with a relatively small number of processed transactions. According to some observations, the network was overloaded with transactions going from the ... Read more about " Vitalik Buterin estimated the damage from a spam attack on Ethereum at $ 15 million per day " on coinatory.com

The EOS network allows up to 1200 tps

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EOS blockchain set another record - 1275 transactions per second when processing about half a million operations per day. The network of a well-known crypto project increases capacity. Earlier, EOS processed about 800 transactions in one second, then this indicator increased to 990 operations, and then overpassed the 1200 mark within only 1 second. Then the network again became stable, and now it is not clear how the events will develop further. It is noteworthy that the jump occurred at a time when the Ethereum network was ... Read more about " The EOS network allows up to 1200 tps " on coinatory.com

EOS: centralize everything!

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Among all the EOS block miners, there are two very powerful players in the crypto cryptocurrency - Bitfinex and Bitmain, whose daily combined revenue is only about $ 16,000 on EOS blocks. Launched recently and not without problems, the EOS blockchain continues to evolve. But the crypto community, for the most part, is inclined to believe that the development of EOS is moving towards centralization, which completely does not correspond to the initial development rate. Owners of EOS tokens, when voting for block miners, voted for such big ... Read more about " EOS: centralize everything! " on coinatory.com

What is EOS?

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The rapid increase in the number of blockchain projects springing up in our time means anyone could easily be forgiven for assuming that one was the other. However, to stake a claim as someone who knows the industry would mean having a sound knowledge of what makes up blockchain projects such as the EOS. In this guide, we will cover the following What is EOS? How it Works Technology Team EOS Token Advantages Competitors Summary What is EOS? EOS is a blockchain platform designed to facilitate the development ... Read more about " What is EOS? " on coinatory.com

Multicoin Capital: EOS and Ethereum are the best, Litecoin has "no reason to exist," and XRP is a security

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The American crypto-hedge fund Multicoin Capital, sponsored by Marc Andreessen, Chris Dixon, Union Square Ventures and other venture capitalists, relies on EOS and Ethereum but doubts the prospects for Litecoin and XRP. Co-founder Multicoin Kyle Samani in a conversation with Fortune said that his company still supports EOS, despite the skepticism associated with the launch of the main project network. "Now we hold our position and do not sell anything. The launch of EOS did not go as smoothly as we had hoped. Considering all aspects, I ... Read more about " Multicoin Capital: EOS and Ethereum are the best, Litecoin has "no reason to exist," and XRP is a security " on coinatory.com

Why do many criticize EOS?

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Recently, more and more criticism has been emerging about EOS, related to its revaluation, overvaluation, the incompetence of developers and insufficient decentralization. When studying the platform, many experts have questions about the real possibilities of the project and its popularity. For example, Facebook took seven years to achieve a capitalization of $ 1 billion, and the EOS took only nine months. Investors invested 7.12 million ETH to buy tokens, which made ICO Block.one the most successful. The organizers were able to attract $ ... Read more about " Why do many criticize EOS? " on coinatory.com

Steemit - Bridging The Gap Between Social Media and Blockchain Technology

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Over the past few years, the crypto industry has experienced tremendous growth, with innovative projects being launch almost every day. Notable instances include Blocknet"s idea of becoming an Internet for various blockchains, Zencash"s technology that ensures complete user"s privacy, and Steemit"s system of running a blockchain social media platform where users get rewarded with steem coins based on the number of upvotes a post receives. So what exactly is Steemit? Steemit is a fusion of ideas that are drawn from both social media and cr ... Read more about " Steemit - Bridging The Gap Between Social Media and Blockchain Technology " on coinatory.com

EOS centralized?

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EOS is an ecosystem that relies heavily on decentralization. Nevertheless, it became known that about half of all EOS tokens are kept at only 10 addresses. Imaginary decentralization The user Reddit under the nickname u / Lannisan stated that, as a result of the research, he managed to find some information about the distribution of EOS tokens. So now that EOS Authority has released a copy of the genesis snapshot results, I was really curious to see how the final distribution of tokens worked out and how rich (or not rich) we all are ... Read more about " EOS centralized? " on coinatory.com

EOS: ICO completed

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At night of June 2, 2018, one of the longest and most expensive ICOs in the history of the cryptocurrency was completed. The EOS project, positioned as the nearest competitor to the Ethereum, completed the last 350th round of the sale of the tokens and simultaneously published the first version of the full EOSIO v1.0 wallet for its blockchain, which will be launched in the nearest future. EOS was founded in 2017 by a team of developers led by Dan Larimer, the creator of existing projects: the Bitshares crypto asset platform and the Steemit ... Read more about " EOS: ICO completed " on coinatory.com

Trading ideas of June 3, 2018 - BTC, ETH, EOS, ZEC, XMR

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Since May 29, the total market capitalization has already grown by 15.2%. The growth trend is set. We keep the idea that for most assets priority should be given to long positions. For the last 7 trading days, only TRON had a loss of 14% among the leading ones. The rest in positive territory from 3.5% (ETH) to 33.5% (IOTA). Since the beginning of the trading day, all top ten currencies have traded with a positive of 1% (BTC and IOTA) to 13.8% (EOS). BTCUSD For yesterday, the trades were moderately optimistic - there was no correction ... Read more about " Trading ideas of June 3, 2018 - BTC, ETH, EOS, ZEC, XMR " on coinatory.com

EOS: crashing Ethereum price

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On the morning of May 28, the volume of Ethereum trading on Bitfinex increased 9 times within an hour - from 20 thousand to 180 thousand. This means that someone sold a large amount of ETH on the exchange, reports Trustnodes. We can assume that the massive sale was associated with insider information, but in this case, the sale would take place on several exchanges, rather than on one. According to Trustnodes, there is a good reason to believe that there was one person or team standing behind the sale of ETH at Bitfinex. And it is ... Read more about " EOS: crashing Ethereum price " on coinatory.com