During a year-long initial coin offering (ICO) that ended in 2018, EOS raised a record $4.2 billion, making it the biggest ICO in history. Combined with its Delegated Proof-of-Stake (DPoS) consensus mechanism, which has throughput thousands of times greater than Ethereum’s, expectations were high. But these expectations continue to go unfulfilled. A look at EOS’s…
Community reacts as Dan Larimer exits EOS even after $4 billion ICO
The EOS founder left after three years of working on the high-speed blockchain project. But critics aren’t impressed. Bye, EOS Daniel Larimer, CTO at EOS code maintainer and operator Block.one, has permanently departed the project, as per a post by the firm on Sunday. https://t.co/LgcclYjBIb today announced that Daniel Larimer, CTO at https://t.co/LgcclYjBIb, has departed…
Altseason returns, with Bitcoin SV, IOTA, EOS, and more surging by over 20%
Over the past three days, both Bitcoin and Ethereum have entered a holding pattern. For BTC, this has meant consolidation between $39,000 and $42,000. For ETH, this has meant consolidation between $1,100 and $1,250. While some fear that this consolidation is indicative of an impending market top, altcoins have begun to break higher, with BTC…
No, Ethereum dApps have not suffered the most crypto hacks (it’s EOS)
Malicious actors have targeted crypto protocols and exchanges ever since Bitcoin started to gain in both popularity and value back in 2011. However, while on-chain analysis shows such attacks have declined this year, they remain the leading cause of concern for crypto projects. However, contrary to popular belief, Ethereum-based applications and tokens have not been…