EOS voting structure encourages centralization

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EOSIO, the blockchain protocol created by Block.one, saw its popularity skyrocket in the past year. The network is facing problems of increased geographical centralization—which could be problematic for the protocol’s security and trustworthiness. How does EOS work? Launched on June 14, 2017, EOS is a young but popular blockchain protocol designed to host decentralized applications…

EOS could be about to announce a new social network

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On Mar. 25, Dan Larimer, the Chief Technology Officer at Block.one, Dan Larimer, revealed that on June 1, EOS will make the “biggest announcement” since EOSIO was launched. It is not clear what type of announcement will be made, but many in the EOS community are speculating about a social network announcement. #B1Junehttps://t.co/SWnpm3aFmI pic.twitter.com/zUCBbcKKOx — Block.one…

Crypto Assets Outshine Most Traditional Investments in 2019

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Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil, and precious metals. Also Read: US Copyright Office Responds to Craig…

Investors in the company that created EOS will see 65x returns in stock buyback

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Cryptocurrency startup Block.one made history by returning more than 6,567 percent returns to its earliest investors in less than three years. According to a report from Bloomberg, the ROI translates into $6.6 million for a $100,000 stake. Block.one pays out outlandish returns to its investors Seeing your original investment return several thousand percent is not…

$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One

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Galaxy Digital, the crypto bank founded by Michael Novogratz, has sold its position in Block.one, the maker of the EOS blockchain, for $71 million.

Decentralized Networks Aren’t as Censorship-Resistant as You Think

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Censorship resistance is a much-touted attribute of decentralized networks. They allow anyone to permanently store anything onchain without seeking permission. While this is technically true, the reality, for many supposedly decentralized blockchains, is anything but. As the fate of controversial dapps has shown, even decentralized app stores aren’t immune from censorship and deplatforming. Also read:…

Reviewing EOS’s Ongoing Development Since Its Mainnet Launch

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Since its launch, EOS has faced many challenges, including various security-related issues, several of which have resulted in EOS token holders losing large amounts of funds. EOS, a third-generation blockchain-based cryptocurrency platform designed to enable the “vertical and horizontal scaling of decentralized applications,” has “at least 260 projects being built” on its network. That’s according…

Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018

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For many leading markets, February produced the largest monthly volume since the first quarter of last year, with 30-day BTC trade activity surpassing $200 billion, and ETH exceeding $100 billion. Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the highest…

Proof-of-Stake Could Lead to Crypto Banking. Let’s Avoid That

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“Staking as a service” is taking off. We need to think hard about what this means for crypto’s evolution, warns Michael J. Casey.

Exchange News: Huobi Trials EOS Exchange, Sharespost Enables Security Token Trade

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In recent cryptocurrency exchange news, Huobi’s EOS exchange has entered trial operations, Sharespost has facilitated a secondary trade of the BCAP security token, and Bithumb has obtained South Korean Information Security Management System certification. Also Read: Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance  Huobi Launches Trial of EOS Exchange In the…