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EOS Review: Still Worth Considering?



► Greatest EOS Wallets:
► FREE Giveaway:

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► Time Stamps ⏰

1:00 Introduction
2:00 Most important Options
2:15 Scalability
3:17 Developer Portal
3:50 EOS dApp Growth Stats
4:50 Usability
5:20 dPoS Consensus Mechanism
8:20 Token Costs & Dynamics
9:16 Block.one & Workforce
10:39 EOSIO 2 Replace
11:10 EOS Markets & Storage

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⛓️ 🔗 Useful Hyperlinks 🔗 ⛓️

► Web site:
► Buy Settlement:
► GitHub:
► EOS ICO:
► Strategic Imaginative and prescient:

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📱️ Socials 📱

► Official Weblog:
► Twitter:
► YouTube:

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📝 Mission Overview 📝

EOS is a decentralized platform offering quick and free transaction processing. The blockchain will assist good contracts, which implies builders can create decentralized purposes, or dApps on its blockchain.

EOS additionally needs to create a platform that behaves like an working system. The aim is to make it simple and easy sufficient for anybody to make use of and construct on.

There may be additionally a concerted effort with the EOS undertaking to construct a blockchain that is ready to scale successfully to thousands and thousands of transasctions per second.

⚙️ Know-how ⚙️

EOS makes use of a delegated proof of stake consensus or dPOS consensus algorithm to deal with the transaction load and managing knowledge.

With the consensus mannequin, you possibly can vote for many who verify transactions and these are referred to as witnesses on the EOS blockchain.

EOS makes use of a contemporary dPOS consensus with BFT which permits the undertaking to effectively scale to a limiteless quantity of validators. The primary good thing about this consensus mechanism is that it’s feeless and the one prices are bourne via the community via inflation.

On the dApp growth entrance, the undertaking has a developer portal which has quite a few instruments resembling EOS- Digital Machine, EOS JS, an EOSIO Software program Growth Equipment for Swift and so forth. There are at present over 300 dApps which were constructed on the EOS blockchain. These vary from playing dApps to video games and exchanges.

It’s also possible to code dApps in C++ which is a well-known language (not like Ethereum which requires Solidity).

There are a selection of applied sciences which might be getting used. These embrace the likes of up to date webassembly, multi-threading, node enchancment, superior databases, and useful resource discount.

💰️ Token 💰

The EOS ICO happened on June 26 2017, lasting for a complete 12 months. From a purely financial standpoint, EOS is likely one of the most profitable ICOs because the undertaking raised nearly $4.1 billion.

EOS tokens have been initially issued on the Ethereum blockchain as ERC20 customary tokens. Ultimately, the undertaking finally migrated over to a mainnet native token in June of 2018.

EOS has a present circulating provide of almost 938 million tokens, with a complete provide simply over 1 billion.

The undertaking doesn’t have a most provide restrict, because it makes use of inflation to fund transactions. Nonetheless, a 5% cap has been agreed upon for inflation charges.

👨‍💻️ Workforce, Companions & Growth 👨‍💻

The EOS undertaking is developed by an organization referred to as BlockOne. This firm is led by CEO Brendan Blumer, CTO Dan Larimer and COO Andrew Bliss.

By way of future developments, the undertaking launched its EOSIO 2 software program, with up to date options and instruments for builders.

Moreover, EOS introduced a browser-based Built-in Growth Surroundings, or I.D.E.

📈 Buying and selling & Wallets 📈

EOS is listed on quite a few exchanges with in depth quantity throughout all of them. The token does essentially the most quantity on BKEX, totaling over 200 {dollars} every day. Different exchanges like LBank, DigiFinex, and Coin Tiger do greater than 100 million in quantity.

There may be additionally sturdy liquidity on particular person order books at well-known exchanges resembling Binance and Coinbase Professional. Which means that you’ve got restricted slippage even for these bigger block orders.

There are additionally quite a few wallets that assist EOS. These embrace cellular, desktop and {hardware} wallets. It’s supported on each the Ledger and Trezor units.

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📜 Disclaimer 📜

The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable danger of loss. The speaker doesn’t assure any explicit consequence.

#EOS #Eosio #crypto #dApp #Evaluate #builders #smartcontract #blockchain #cryptocurrency #SEC

Source: Coin Bureau

41 Responses

  1. Hi Guy! I follow your videos, which I find to be by far the most reliable information source on the internet on cryptocurrency. I wanted to ask, whether you are planning on cover EOS again in the near future? I have been reading news about a main developer leaving and a lot of people have list confidence in the project but I would be interested to hear what you think about it in the long run? Best Regards!

  2. I've just binge watched every video since the one you posted yesterday. Intend on watching every single one you've made. That being said, my only comment is you mention cmc a lot, and unfortunately a lot of the volumes reported by these large exchanges are clearly fake when you take a look into their buy and sell trades – lots of wash trading happening. As such, I would absolutely love if you could take an extra minute in each video to indicate which exchanges seem to be actually real when it comes to the volume for any given coin. Binance is more or less a given, but exchanges like digifinex and huobi are rife with wash trading. Even cointiger from what I remember.

  3. Youtubers finally realising poo pooing eos while shilling vapoware will leave them with no credibility. There’s few novice investors left in the market at this point just people who can properly assess investments accumulating quality projects. Erc20 has more developers, where mate? Ethereum is a shitcoin launch platform, they all have grandiose white papers and 15 TPS between them. There’s no developing going on just scamming

  4. Need to explain the real Cost of transactions. They are practically free until the system kicks in congestion mode. Then you can only use the resources that you personally have staked, CPU in particular. Currently the system is in congestion mode, Most people can’t make one transaction.

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