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EOS Price   

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EOS Price:
$0.3 B
All Time High:
Market Cap:
$1.2 B

Circulating Supply:
Total Supply:
Max Supply:


The price of #EOS today is $1.20 USD.

The lowest EOS price for this period was $0, the highest was $1.20, and the current live price for one EOS coin is $1.20039.

The all-time high EOS coin price was $23.96.

Use our custom price calculator to see the hypothetical price of EOS with market cap of SOL or other crypto coins.


The code for EOS is also #EOS.

EOS is 5.2 years old.


The current market capitalization for EOS is $1,212,496,309.

EOS is ranked #46 out of all coins, by market cap (and other factors).


There is a very large volume of trading today on #EOS.

Today's 24-hour trading volume across all exchanges for EOS is $252,985,090.


The circulating supply of EOS is 1,010,089,458 coins, which is 100% of the total coin supply.


EOS is the native coin for the Eos blockchain.

View the full list of Eos blockchain tokens.


EOS is well integrated with many pairings with other cryptocurrencies and is listed on at least 79 crypto exchanges.

View #EOS trading pairs and crypto exchanges that currently support #EOS purchase.


Note that there are multiple coins that share the code #EOS, and you can view them on our EOS disambiguation page.



EOSIO Resource Allocation Proposal

Recently the EOSIO Resource Exchange (REX) that allocates resources (CPU/NET) to users became unusable on the EOS Public Blockchain after spikes in demand for processing power and bandwidth drained the system of liquidity. During the outage, borrowers who attempted to get access to these resources were denied service. Resource supply for the EOS Public Blockchain on REX highlights a general issue with the resource allocation model; despite a large demand, most of the network’s resources are going unused. REX was managing around 30% of the network’s total CPU/NET and ran out of resources to allocate to new borrowers. Meanwhile, only a small percentage of the remaining 70% of the network’s resources were actually being utilized, evidenced by the fact that less than half of the blockchain’s total capacity was being used. In light of this situation, we’re proposing a potential change to the way the current REX system operates that would establish a resource rental market. Under the new proposed system, a user will pay a resource rental fee via a smart contract to be granted 30 days worth of CPU/NET from the total supply. After 30 days the rental must be renewed and pricing is automatically adjusted using a market based mechanism, based on changes in supply and demand for CPU/NET resources. Users will still be able to stake tokens under this proposed resource model. However, instead of receiving CPU/NET resources in proportion to staked tokens, users who stake their tokens to REX receive certain fees from name auctions, RAM fees, and proceeds from CPU/NET rentals. The objective of proposing a transition from a resource entitlement model to a leasing or rental model is to remove the influence of speculative markets over resource pricing. Introducing a rental market with pricing based on overall resource utilization will make resource allocation more predictable and reliable for the community.Figure 1: Instant and Adjusted Network Utilization over Time CPU/NET pricing will be based on the CPU/NET supply available out of the total; the less CPU/NET available, the higher the price to rent the resource, and the more CPU/NET available, the lower the price. The real time CPU/NET utilization is represented as Instant Utilization in Figure 1. Resource pricing is based on Adjusted Utilization. During spikes in resource utilization, Adjusted Utilization follows the same rate of increase as Instant Utilization, and the price increases in real time to prevent the CPU/NET supply from being exhausted. As resource utilization decreases, the Adjusted Utilization rate decays over time, rather than instantly, and prevents large renters from leveraging an undesirable renting advantage.Figure 2: An example fee curve showing how price (which is the slope of the curve) increases with greater network utilization, along with a representation of how the change in utilization is used to derive the rental fee. The example curve shown above in Figure 2 visualises how price increases as network utilization increases, in this case based on Adjusted Utilization. While there is an abundance of resources available the price for CPU/NET remains relatively low, however the price rapidly increases as utilization reaches the maximum. The price is determined by the difference in the network utilization prior to the rental purchase versus the new utilization of resources based on the size of the rental. For example, a user looking to acquire 5% of the CPU/NET supply for 30 days would pay a price equal to: MAX(P(InstantUtilization+5%),P(AdjustedUtilization+5%))) — MAX(P(InstantUtilization),P(AdjustedUtilization))) The formula shows how the difference between the current utilization and the level of utilization as a result of the rental order is used to calculate price. For example, on Figure 2, current utilization is marked as point 1 and utilization after the rental is marked as point 2. The difference between these two points is the fee paid by the renter.Migrating from REX to Rental Markets To facilitate the changeover from the current REX system to the proposed rental marketplace, the percent of CPU/NET allocated under the current model would be gradually shifted. It would be done in such a way that doesn’t increase the overall supply of tokens, but instead adjusts the parameters that determine the ratio of CPU/NET that should be allocated to each account. The proposed changes aim to ultimately stabilize the CPU/NET marketplace in a way that more accurately reflects supply and demand for those resources. It is expected that the ecosystem will eventually migrate to the newly proposed rental market as opposed to continuing to use the current staking for resources model due to a lower cost and greater supply on the new market. Over time, the CPU/NET supply available on REX will diminish as the supply of CPU/NET in the proposed rental market increases. In order to operate smoothly, EOSIO application developers and users alike need a consistent means of accessing resources with predictable pricing. We are proposing this change to the REX system in order to reduce systemic waste and improve scalability by having enough CPU/NET to meet the growing needs of the network. For more information about the proposed changes to the EOSIO resource allocation system, refer to the proposal in the EOSIO GitHub repository. This pull request was included with the recent release of eosio.contracts v.1.8.4-rc1.Stay Connected We appreciate feedback from the community as we work towards refining this new model. If you would like to provide feedback and work more closely with our team to improve EOSIO for developers, you can send our developer relations team an email at We are continuously updating our mailing list with future announcements and release notes. Subscribe today on the new EOSIO website. Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. Originally published at EOSIO Resource Allocation Proposal was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.

Applications Open: EOS VC Grants Program

At, we believe that collaboration fuels impact, and we continue to look for new ways to fund early stage collaboration efforts. We continue to be inspired by the passion we see from the blockchain related companies that highlight and leverage the new possibilities of EOSIO software. There are a lot more ideas and innovations out there, and we want to make sure that there is every opportunity to identify and support deserving entrepreneurs. Today, we are proud to announce our Grants Program, which will be a new avenue to fund active EOSIO community members as well as those nurturing up-and-coming projects using the protocol. We invite companies and projects of all sizes across various sectors and industries who are working hard to adopt and promote EOSIO, to apply. This is different from our ongoing investment program. We want to expand our vision, as well as the EOSIO ecosystem by empowering enterprises with great potential to cross the finish line. We believe this is a way to accelerate meaningful blockchain projects that will have a lasting impact on the community. More information can be found on our EOS VC site, and applications can be made here. Project size is not a barrier; we welcome world-conquerors and local heroes. The EOS VC Team Disclaimer Important: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. The links above are to here: Originally published at Applications Open: EOS VC Grants Program was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.

WORBLI is a Financial Services Oriented Blockchain Built on EOSIO

We spoke with Domenic Thomas, CEO of WORBLI, a blockchain network and financial services platform built on EOSIO.Could you introduce your blockchain network for us? WORBLI is a financial services oriented blockchain network. We are built entirely for decentralized finance (DeFi) with an embedded compliance layer offering, that offers additions like know-your-customer (KYC), and anti-money laundering (AML) services. Most financial applications globally require these to meet compliance standards. To most, Distributed Ledger Technology (DLT) and cryptocurrencies are exciting but bewildering. Our desire is to take away that bewilderment and help people discover how they can use DLT daily, both professionally and personally. WORBLI’s infrastructure was built using EOSIO technology, so it’s fast and cost effective. The combination of this high performance and our comprehensive compliance tools will help to break down technical barriers for financial technology (FinTech) entrepreneurs and businesses, resulting in innovation and new ideas.What is WORBLI’s use-case and what benefits does it offer? Any individual, business, or organization that needs a safe, financially compliant, and fast platform to host their application can benefit from using WORBLI. We have a big focus on the FinTech industry — financial companies are highly regulated, with compliance being a large cost and time burden. Through our calculations, we are confident we can save companies around $250,000 and six months of time to deployment on average. Most financial applications will have similar compliance requirements. This includes finding a KYC provider, implementing AML transaction monitoring, and various watchlist checks. WORBLI offers these typical but necessary things all in one place. WORBLI eliminates the need to send identity documents and personal information for every new service or application. This means, a user can undergo KYC once, then use it for as many different applications as they like — massively reducing friction.What inspired you to create your blockchain network? With inevitable oncoming regulation, we knew projects and entrepreneurs would need a safe, compliant platform on which to launch applications. Our goal is to challenge modern financial systems — we are taking care of the “boring” aspects of compliance and regulation. This allows startups and entrepreneurs to focus on what they do best: build new, innovative, and valuable financial products and services. It wasn’t a popular decision at the time, but we’ve been validated by a lot of the recent regulatory guidelines. We seek to empower small and large application builders alike. It’s about creating a fair playing field in the new economy where everyone can participate.Why did you decide to use EOSIO specifically? We needed a smart contract platform that was scalable, fast, and secure. After extensive research, we decided to bet on EOSIO as early as January 2018. Nothing else rivaled the features described in the literature we reviewed. We were heavily involved in the EOS public network launch and pleasantly surprised by the potential of an EOSIO based chain. We felt that the commitment from to support the EOSIO codebase would ensure that our core software would stay ahead of the competition. The speed and scalability of EOSIO software aren’t the only reasons we chose to use it. We have also done a lot of work customizing EOSIO and have found we can do almost anything we want, because it is so flexible. An example is the WORBLI token protocol. It allows those issuing tokens to create custom financial instruments, and set limits on where and when tokens can be traded.What are the challenges you have had to overcome, and how did you do it? Until recently, many did not see KYC as important. On top of that, integrating an identity layer at the blockchain level had never been done before. As we learn valuable lessons, we continue to improve and optimize over time. Compliance and regulation are difficult to deal with in the first place. The regulatory uncertainty surrounding our nascent industry makes it even more complicated to ensure we are doing things correctly. Internally, we regulate WORBLI as if we are a bank ourselves — staying up to date with regulatory changes and engaging with relevant parties as we can.What stage is your blockchain network at, and what are your plans for scaling? Since launching on November 1st, 2018, anyone can make an account and go through KYC on our portal. Our compliance infrastructure is largely complete and our token protocol is live — Chintai and their MYNT service will be among the first projects to use it. Additionally, there are also a number of other applications ready to use it. Creating lasting partnerships is at the heart of our mission, as well as attracting great people to help us. We’re confident the applications being built on WORBLI will continue to attract developers and financial minds globally, as apps are the backbone of any successful blockchain ecosystem.What EOSIO community initiatives have you engaged in and how have they responded to your project? Our prime interest, as with any project built on EOSIO is to attract users from the EOSIO ecosystem. We’ve built a fantastic and supportive community that is quickly growing outside the realms of EOSIO. Our Block Producers were primarily chosen from the EOS public network — based on their unique abilities and vision. We are very much aligned with Dan Larimer’s vision of creating multiple communities and economies. We work alongside each other where warranted, and learn from each other’s successes and failures. We have also sponsored blockchain projects and events. We aim to help increase transparency and communication via live monthly updates and meetings.Can you introduce your team and tell us what makes them special? Domenic Thomas, CEO Driven and tenacious, Domenic has a no quit attitude. He also possesses a keen business sense and ability to cultivate talent, later building these into teams. A great and ethics driven leader, he works well under pressure. Robert Dewilder, CTO Bringing decades of experience from Sony, Rob also knows the EOSIO software very well. He is responsible, knowledgeable, kind, and capable. Rob brings a logical and analytic eye to the team and is often credited with solving technical issues before most are able to see them. Sean Anderson, Vice President of Business Development Sean is bright, friendly, and has great skills in the marketing and business development space. He can see opportunities when no one else can and seeks to cultivate them into viable and exciting business propositions. Cool, calm and collected, his input is valuable across all facets of the business. Todor Karaivanov — Product Manager and Head of Blockchain Governance Todor is the logical one. He is always asking tough questions, pushing each team member to be better by further evaluating their messaging, actions, and insights. He has a huge heart and brings a wealth of technical knowledge, as well as insights from governance from within the EOSIO space. Todor brings excellent game theory knowledge from a long standing career in video game development. William Hill — Technical Lead Will is a highly skilled technical lead with a fantastic mind for bridging the gap between business and technical development. Organized and methodical, he has a knack for planning the most complicated of builds. Mitchell Mahaffey — Commercial Partnerships and BP Relations Mitchell has been tasked with helping organize the Block Producer’s operations. He is a staple within the WORBLI ecosystem, facilitating communications and meetings with our Block Producers. Dedicated, polite, and capable of managing multiple entities and interactions on various levels, he is perfect for his role. A fantastic writer, Mitch is very involved in marketing communications and business development. Valentin Ivanov — Software Developer A lifelong learner with a variety of skill sets, Valentin is a dedicated and knowledgeable developer with a passion for cryptocurrency. A devout problem solver, he is always available and eager to ‘pitch in’ to solve any technical task.What other projects have you partnered with? As partnerships will set the tone of WORBLI, we have carefully selected a number of quality projects to partner with. We have partnered with Chintai to offer compliant Security Token Offerings (STOs) and related services. TokenORO has created a new funding model which makes it easier for Gold Mining projects to raise money, and have deployed their application on the WORBLI network. We have also partnered with WordProof to allow trusted timestamps of internet content to be stored on the WORBLI blockchain.Where do you see your blockchain network in the future? We hope to continue growing exponentially as we connect partners and applications on a global scale. We expect to become the premier financial services network in the world. Our projects in development span everything from fundraising, to global payments, insurance, and more. We plan to branch out of the blockchain reaching out to entrepreneurs, establishing partnerships with accelerators and incubators. We can attract users and developers from the FinTech world without even having to explain the blockchain aspect of WORBLI to them — all we need to let them know is that it can save them time, money, and effort.In a sentence, how would do you want readers to remember your blockchain network? WORBLI is creating accessible, smarter, faster, and more secure DLT solutions that will remake financial services to serve everyone.Building on EOSIO? Our #BuiltOnEOSIO series showcases some of the amazing projects leveraging EOSIO technology to build a more secure and connected world. If you would like to suggest a project for us to feature please send an email to for our Developer Relations team to review. Developer Relations Team Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. Originally published at WORBLI is a Financial Services Oriented Blockchain Built on EOSIO was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hacking On, One Year On

It’s been just over a year since the EOS Global Hackathon series concluded, so we’re taking a moment to recap what went down, but to also look forward. We’re checking in with some of the past winners and competitors on how their projects #BuiltOnEOSIO are progressing, where they’re at, and what they’re doing next.The Recap For those of you new to the EOSIO ecosystem, in 2018 hosted the EOS Global Hackathon series, an event that brought people together from all over the world — 1,724 to be exact. All with the common goal of designing blockchain powered applications geared towards positive change that ultimately solve topical problems. We began in Hong Kong, and worked our way through Sydney to London. We hosted the Africa Virtual event, headed to San Francisco, and brought everyone together with a grand finale in Cape Town. With judging panels well versed in what makes a great project, product or pitch, and mentors available at all hours to bring ideas to fruition, there was no shortage of collaboration or inspiration. Inspiration that ultimately saw 280 projects built on’s open source software, EOSIO. Since then we’ve also launched a new home for EOSIO hackathons - along with resources and information for anyone around the world to host, partner or attend an EOSIO powered hackathon. With time, we hope to foster community driven EOSIO hackathons that bring together like minded individuals, and highlight the passion, creativity and skill of a collective that made and continues to make a mass contribution to the evolution of EOSIO. For more on, click here, and for updates on the finalists we’re checking in with one year later, read on.The GeneOS team (left to right): Benjamin Tse, Jens Elstner, Albert Chen, Jay BowlesGrand Finale Winners Heading Towards Beta Albert Chen, Co-Founder and CEO of GeneOS GeneOS, a blockchain-enabled data ownership, marketplace and secure computing platform for genomic big data, took home US$500,000 in Cape Town courtesy of EOS VC. Since the Grand Finale, this global foursome of Benjamin Tse, Jens Elstner, Albert Chen and Jay Bowles have been advancing their project towards beta in Q1 2020, with a pilot program to come soon after. It’s been a slow but steady progression, one that Co-Founder and CEO Albert and the team expected from the beginning, “We had to keep iterating our product as we got deeper into the genomic and medical space.” Dubbed by some as a “boy band of blockchain”, their project (which also was awarded Best Social Impact Prize in London) stemmed from the need for more people to privately sequence their genomes so humanity - particularly the scientific community - can better understand the information contained in DNA with a view to both disease prevention and cure. “Our main focus has been customer development - testing our initial assumptions with genetic researchers, designing and validating our prototype based on their needs and understanding the AI world.” Admitting their vision is grand, it is one the team are breaking down into smaller, more achievable phases, and actively working to accomplish each step. Read more on GeneOS’ original Grand Finale win here and the #BuiltOnEOSIO feature that sheds more on their project here.Smartpress collecting their 1st place check at the Sydney Hackathon eventThe Invested Lachlan Greenbank, CEO & Founder of Smartpress Since winning the Sydney Hackathon, Smartpress hasn’t just continued developing their web app that allows anyone to seamlessly integrate apps with EOSIO smart contracts; they’ve been meeting significant and impressive milestones as they do. In September, Version 1 of their service platform launched, generating just under US$50,000 of revenue. This progress, founder Lachlan Greenbank says, has come after a year of technical challenges, which they were well positioned to meet thanks to the mentorship received in Sydney. “It (the mentorship) provided us with a condensed incubator program that gave Smartpress the initial push, and we’ve been building on their advice ever since.” “We’ve also been finding our own identity and strategies to position ourselves as a competitive and innovatively placed alternative, in this ever changing blockchain landscape.” Their market of smart contract powered apps is one they hope to grow in 2020 through a revised UX focus.The Chestnut Team at the Grand Finale in Cape TownChestnut Preparing for 2020 Launch Daniel Liebeskind, Co-Founder of Chestnut Second Place takers and winners of Best User Experience at the London edition of the EOS Global Hackathon, Chestnut are working to improve the user experience of blockchain applications by providing an easy to use account with useful safety features. Following their recently published technical white paper, the team are planning to launch Chestnut in 2020. Moreover, they’ve already built out their smart contract system which has been independently audited. Notably, it’s not just the team that has been making progress. After their London success, they started Decrypted, a consulting business that already boasts a portfolio of EOSIO based clients, including Telos. “In order for there to be mass adoption of blockchain applications, there needs to be an infrastructure in place that makes new user onboarding easy and safe,” says Daniel Liebeskind, Co-Founder. “We believe, more so now than ever, that Chestnut is a critical part of that infrastructure.” More information on Chestnut’s smart accounts are available on their #BuiltOnEOSIO feature.The Nougit team at the Grand Finale Hackathon event in Cape TownContinuing The Coding Collaboration Rob Behnke, Co-Founder of NouGit Since taking home first prize of US$100,000 at the San Francisco Hackathon, the NouGit team have continued building their decentralized and incentivized git repository platform. One that provides core features for users to register, add and shape project repos, fund job postings and pay coders who satisfy the job requirements. NouGit’s ultimate goal? To build a system that can enable many partners to build applications on top of the core system it provides. It’s a goal that has seen the current team of past hackathon participants, Rob Behnke (CEO) and Fred Madrid (CPO), joined by newcomers Mo Ayyash (Google alumni) and full stack developer Thomas Powers (EOS Bet). With multiple goals in 2020 including a launch and seed raise, NouGit are currently focused on solving some of the most critical issues in open source today. “We’re empowering developers to lead abandoned repos, enable crowdfunding features, issues and projects,” says Behnke. “We want to be the go-to platform for decentralized community management and governance.” Seeking more on NouGit? Read their #BuiltonEOSIO feature or San Francisco recap. Originally published at Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. Hacking On, One Year On was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.

Telos Blockchain Network Based on EOSIO Technology

We spoke to Douglas Horn, the architect and whitepaper author of the Telos blockchain network, which is built using EOSIO technology.Could you introduce your blockchain network for us? Telos is a public blockchain focused on empowering mass adoption. Our pillars for this makes it easy to join and use Telos, provide powerful tools for app builders to ease their development cycles, and lead the world in functional blockchain governance. We see a world where people are eager for the new field-leveling opportunities that blockchain can bring to individuals and groups-allowing them to better compete with the entrenched powerful elite. To foster this, we are aggressively pushing the boundaries of blockchain user experience and ease of use. We are also giving people a real opportunity to participate in governance, with unique features that support both governance of Telos itself, plus tools for every app on Telos to easily manage its own governance. In fact, we’ve extended the system-level voting and committee management functions to apps so that they don’t have to worry about maintaining the code or providing their own interface-that can be consistent across all Telos apps for the convenience and familiarity of users. Telos has invested heavily in adding tools that extend the capabilities of what app developers can do with blockchain technology. EOSIO itself is one of the biggest elements due to its power, security, and enormous capacity. The governance tools we offer to developers and the decentralized file storage solution we are now rolling out are other examples.What inspired you to create your blockchain network? Telos was launched by a grassroots community that deeply believed in a vision of EOSIO as a technology that enables all users to participate in its growth and evolution. We felt that functions like voting on the direction of the community, resolving disputes among users, and funding future development based on community priorities were not only noble but necessary for the chain’s longevity and advancement. We believed in their importance enough to launch a new EOSIO-based blockchain where we could build all of those tools ourselves so that users would have another option in approaching governance and mass adoption. These concepts are inexorably linked in our minds because how can you have a chain that is truly built for all users if they do not have the opportunity to set its direction? While building these powerful new governance tools, it quickly became clear to us that they would be invaluable to every decentralized autonomous community (DAC) and tokenized economy to come, and that creating a unified set of easy-to-use tools with a common interface was the most user and developer friendly way to give people these tools.Why did you decide to use EOSIO specifically? To me, the development of blockchain tech follows a clear arc towards higher function and greater usability. EOSIO can execute powerful computations every half second which makes it among the fastest blockchain platforms presently available — and perhaps the fastest long term, due to physical limits of global networks. It has proven itself to be able to support large, global scale networks with a variety of users and activities. Of course, this is just one small component, but it’s important because when one invests in a platform within a technology that is still young, like blockchain is, it’s important to know that the technology is tried and tested. We think that businesses and developers will come to this same conclusion and embrace EOSIO as the winner when it comes to pure mechanics. But more importantly, we’ve seen’s dedication to regularly turning out new features and improvements to the EOSIO reference software. People don’t adequately appreciate how crucial this is because all of the EOSIO-based chains are still under-utilizing their capacity. But gets it. They are building like the house is on fire because their vision of the immediate future matches our own. As a result, they turn out more new code and capacity improvements in a month than other chains do in a year. EOSIO 2.0 is a great example: We are seeing a 10–16 times improvement in CPU execution times in our testing.What are the challenges you have had to overcome, and how did you do it? Our single largest challenge was building a world class blockchain, requiring a high level of original code development without raising a single dollar in any form of token sale. The early Bitcoin developers had the same challenge, of course, but they did not exist in an environment where exchanges, conferences, advertisers, influencers and everyone else in the ecosystem had all been trained to demand their slice of the pie before engaging with any project. We did. Of course, we had the benefit of’s ongoing development of EOSIO as our core platform, but Telos needed to support its own core developers to write the code for all of the additional features we promised. In the end, we developed more original, open source additions to the EOSIO code base than any EOSIO-based blockchain, and it was all done without money coming in. All of the functions around promoting the chain, getting listed on exchanges, listing services, attending conferences-these all needed to be approached without the use of any funds. It was extremely challenging. We were fortunate, though, that we had a very committed and accomplished group of contributors. We were aligned in our vision for what Telos could uniquely offer if we could just get through those tough days. Most importantly, we knew that once the chain launched, the worker proposal system we were creating would enable us to have an ongoing source of funding for growing the chain as directed by the token-holders. At this point, this has proven to be true and Telos is now funding exchange listings, marketing, ongoing development, and more through this governance function. We were recently listed by CoinMarketCap and Telos is currently a Top-100 token by market capitalization on services like CoinGecko. The road here was hard but now we have ongoing funding while ICO-based projects look at ever-dwindling coffers.What stage is your blockchain network at? Telos launched its mainnet in December 2018. We perform our own development in adopting EOSIO updates and expanding our own original code. In fact, we passed the 50 million block mark, updated to EOSIO v1.8, including activation of additional features, and we’re now testing the EOSIO 2.0 release candidate. In terms of governance, we have a robust worker proposal system that funds projects for Telos. Some of these projects also benefit the entire EOSIO and blockchain ecosystems such as the Chronicle history project. The WordPress blockchain timestamping plugin, WordProof, which was originally funded by the Telos worker proposal system, lets computer users worldwide prove the publication time of their blog posts on the Telos, EOS, and other EOSIO blockchains. The Telos worker proposal system is actually the only one in the world that can be voted on by all users and is 100% smart contract-controlled. Telos completed our first amendment ballot for our governance, which was also voteable by all users and is smart contract controlled. In fact, we even managed to survive an election hacking attack rather painlessly due to our governance.What are your plans for scaling? We recently passed the Telos Economic Development Plan, which was the historic community-voted governance amendment ballot I mentioned. The community overwhelmingly approved a plan that turns Telos into the first zero-inflation third-generation blockchain by drawing tokens that were never claimed from a pool that had been reserved for EOS snapshot holders whose tokens had been stuck on exchanges. This amendment greatly fuels our ability to scale, in part — by making the chain more attractive to token holders. We’ve made important inroads into user communities in the developing world. Developers on Telos launched the world’s first stable coin pegged to the South African Rand-the leading currency in sub-Saharan Africa-called the eZAR. Other African national currencies are in the process of deploying similar regional stablecoins and this is driving major interest among regional players because there is actually no traditional clearinghouse for these types of transactions amongst African national currencies. So, the trade on Telos’s native DEX, Vapaée, (built on Telos worker proposal system funds!) may become the first free and open exchange platform that these currencies ever see. We are receiving high levels of interest from app developers now who appreciate the features we built for them. A project called Hypha DAO that recently deployed on Telos tells us that the governance tools saved them a year of development time versus building these features on their own. They have brought a number of affiliated projects now who want that same rapid development and platform-level solidity. Other developers are very interested in our decentralized file storage system, dStor, which will empower many functions like document storage, streaming, GDPR compliance and more that are core to their missions. We were able to work with to create direct fiat onramps and offramps to Telos and these are now directly integrated into some Telos wallets like So we feel that the investment we’ve made in this development is already starting to pay off.Can you introduce your team and tell us what makes them special?Members of the Top-10 San Francisco EOSIO Hackathon Team (left to right): Marlon Williams (Telos Miami), Peter Bue, Craig Branscom, Ed Silva, Douglas Horn (GoodBlock) Telos is highly decentralized with contributors all over the world. GoodBlock in Seattle took the lead on much of the code development, including the voting and governance features and dStor decentralized file storage. Telos Miami built an advanced wallet for blockchain governance-one that also includes the ability to purchase TLOS tokens or the Telos USD stablecoin from Carbon right in the wallet. EOSza in South Africa built an equally easy to use mobile wallet for Telos that’s in the Apple and Google Play stores and includes all the features for African stablecoins, among other things. Suvi Rinkinen with CryptoSuvi in Finland does an amazing job as president of the Telos Foundation working with businesses, and Richard Bryan of TelosDAC is not only leading the Telos Foundation board and the Telos Blockchain Solutions Ltd. consultancy in London, but is additionally working with onboarding and app deployment efforts in Kenya. We have several strong contributors in Spain such as The Teloscope, eosBarcelona, and Telos Madrid. Several Telos team members maintain a strong presence on other EOSIO chains, helping us maintain strong relationships there, like Infinitybloc, CalEOS, EOS Detroit, EOS Dublin, AtticLab, and EOSphere. We have marketing teams like Team Telos in the US, OktoTelos in Venezuela and a number of others who are all funded by the Telos worker proposal system voted by the users. What makes the Telos community and team special is their commitment to building technology along with a functional and thriving community. Many of us have been with the project from the start, and some others are newer to Telos. Several teams like The Teloscope, CryptoSuvi, EOS USA, and Telos Kitchen came to Telos after our launch but made a real commitment to growing Telos, and as a result quickly came into leadership positions. It’s a real meritocracy and the Telos voters have been quick to reward strong contributors with funding from the worker proposal system or votes as block producers to operate the network. No one can afford to rest on their laurels for long on Telos because there’s always someone new willing to work hard to grow the community because they see that their work will be rewarded. This has created a fantastic work ethic. People will bring a lot of effort and ideas when they know that those will be rewarded.(Left to Right) James Davis, Douglas Horn, and Beth Farnham (GoodBlock), Rob “Robrigo” Konsdorf and Phil Wiszowaty (EOS Detroit), Daniel Lazor (EOS Metal) at Scaling Blockchain conference in San Francisco.What other projects have you partnered with? The Telos Foundation is our body for promoting the chain and allowing us to make deals between professional organizations. That has let us attend and sponsor conferences and other functions. When we attended the Blockchain Expo London this spring, a large number of opportunities for working with enterprise computing companies came to us, but we discovered that we would need a consultancy business in order to really capitalize on these. So, several people on the team launched Telos Blockchain Solutions as a London-based limited company that could provide services to these big corporations. By the time we attended our next big conference in Amsterdam, we were ready.The Telos booth at Blockchain Expo Amsterdam. Ville Sundell and Suvi Rinkinen (CryptoSuvi), Jan Smit (Dutch EOS), and Jim Hewitt (TelosUK) can be seen (left photo l-r; Preparing for the doors to open, manned by Douglas Horn (rt). Telos Blockchain Solutions (TBS) has let us partner with a number of companies, with many more partnerships about to be announced. One of our first strategic partnerships is with Fairwinds Digital in Italy, which has a fantastic platform for IoT devices. Telos, through TBS, is providing technology for interfacing these IoT devices with the Telos blockchain to record data from edge computing devices and trigger smart contract microtransactions based on that data. We are launching new projects soon with some large enterprise companies out of this partnership. We’re excited about the apps and DACs that are deploying on Telos now. Our own ethos seems to be attracting projects that share our interest in egalitarian governance. I’m excited about SEEDS and Hypha DAO, which is a regenerative economy project aiming to align incentives on projects that build a better world. Havuta is a dapp that provides transparency and outcome tracking for international aid programs and NGOs. They came to Telos because it was a great culture fit for what they were building and because the tools Telos provides gets them up and running faster. Gyfte just deployed on Telos and we will be using their identity services to increase transparency for those who need it. The block producers themselves will be early adopters of Gyfte to strengthen our governance around preventing cross-ownership of more than one BP, but we expect many applications to also take advantage of these new features.Where do you see your blockchain network in the future? When people discover that they can collaborate as easily on financial and governance matters as they previously could on spreadsheets and word processing, we will see thousands and thousands of homeowners associations, trade groups, sports leagues, unions, tribes, student groups, and local governments voting freely and easily on their various issues from easy-to-use tools common to all Telos dOrganizations. This will be contagious because once groups start using these, other tools will just seem clumsy, opaque, and out of touch. Their members will bring Telos to the other organizations they’re a part of to improve them. I see people thinking of Telos as the “self-governance blockchain” that organizations turn to in ensuring that their stakeholders are in the driver’s seat.In a sentence, how would do you want readers to remember your blockchain network? Telos is building a future where the individuals are empowered by technology to work together and share both voice and value fairly and transparently so that they can build great things together.Building on EOSIO? Our #BuiltOnEOSIO series showcases some of the amazing projects leveraging EOSIO technology to build a more secure and connected world. If you would like to suggest a project for us to feature please send an email to for our Developer Relations team to review. - Developer Relations team Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. Originally published at Telos Blockchain Network Based on EOSIO Technology was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.

EOSIO™ Quickstart Web IDE: Start Building on EOSIO in Minutes

Getting started with a new technology always poses challenges. There are often new languages, development patterns to learn, and hardware prerequisites to meet for setting up a development environment. Blockchain development in particular has certain resource requirements that must be met to run a full node, replay a chain, or test smart contracts. These issues present obstacles for new developers who are interested in exploring blockchain technology. As EOSIO grows, we are working to create new tools and libraries that make EOSIO development faster, easier, and more accessible to developers around the world. To that end, a significant goal of our engineering effort is to make it possible for anyone to rapidly deploy their blockchain projects with EOSIO software. The EOSIO Quickstart Web IDE reduces barriers to entry for new developers, so they can get started in minutes, share, and collaborate on EOSIO projects. Currently, building on EOSIO entails a multistep setup process, and a powerful computer to run a full blockchain node. For anyone just getting started, this process begins with installing and configuring EOSIO. After, EOSJS must be installed and configured for developing web applications. It is often difficult to establish a clear workflow as these processes take many steps consisting of numerous components. There is also the issue of computing power; to run a full node requires a computer with at least 16GB of ram, although 32GB or more is recommended, enormous amounts of disk space, and a fast CPU.Reducing Obstacles for Blockchain Developers EOSIO 2 introduces alpha support for the EOSIO Quickstart Web IDE, a one-click web-based IDE that runs in a browser and is designed to radically simplify the developer experience. With this new tool, all it takes to start building is a single click to launch a fully functional EOSIO development environment in a browser. The EOSIO Quickstart Web IDE empowers anyone to dive right into programming C++ smart contracts and EOSJS based web applications. This new IDE is integrated with the source code, so a developer can immediately commit any changes they make from demo applications directly into their own personal GitHub. From there, developers may collaborate together in any way they choose. A personal copy of the blockchain is provided along with the ability to quickly edit and modify the included talk.cpp smart contract and the react web-app coded in index.tsx. Once developers fork the source repo, they can setup multi-user push access to their personal forks and enable several developers to collaborate in real-time. Getting started is easy. Simply head to the open-source EOSIO Quickstart Web IDE GitHub repository and follow the accompanying instructions. There are a number of features we’re researching that may be supported by the EOSIO Quickstart Web IDE in the future. These include support for Swift and Java application development, a local Theia based version to secure intellectual property, additional UI features, a table explorer to allow developers to interact with data. Considerations are being made for the integration of web-based block explorers, DEMUX, and History Tools. The EOSIO Quickstart Web IDE is perfect for students studying blockchain, hackathon participants, or new developers learning EOSIO.Stay Connected The EOSIO Quickstart Web IDE is one of many projects from that benefits from community research, testing, and input. If you would like to offer feedback and work more closely with our team to improve EOSIO for developers, you can send our developer relations team an email at Stay up-to-date with future announcements, by subscribing to our mailing list on the EOSIO website. We are excited to be regularly improving the usability of the software for EOSIO developers as we continue to lay a foundation for the mass adoption of blockchain technology. Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. Originally published at EOSIO™ Quickstart Web IDE: Start Building on EOSIO in Minutes was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.

Introducing EOSIO 2: Enhancing Performance, Improving Security, and New Developer Tools

EOSIO 2 was built with developers in mind. Our focus: make it faster, simpler, and more secure to build on EOSIO. We believe the single biggest bottleneck for blockchain development is the speed in which they can execute smart contracts. EOSIO was the first blockchain software to use a WebAssembly (WASM) engine to improve performance, but in time, we outgrew existing general purpose WASM engines and knew we could do more. Our solution: build our own, designed from the ground up with blockchain in mind. EOS VM, our purpose-built blockchain WASM engine, runs the EOS Mechanics WASM CPU benchmarks up to 16x faster than Binaryen, which was released with EOSIO 1.0. Next, we wanted to solve the barrier to entry for new developers — those heading to an #eosiohackathon or building on EOSIO for the first time. Typically, setting up a blockchain development environment is a multi-step process that can take hours, even days, to complete. That’s why we’re building the EOSIO Quickstart Web IDE, a development tool that allows new developers to go from start to ready-to-build in minutes. Finally, for any developer, one of the critical pain points to onboarding new users to blockchain applications is safeguarding private and public keys, and the security risks created if done incorrectly. With this release of WebAuthn support for EOSIO, developers can begin testing transaction signing with WebAuthn in their EOSIO applications, providing a level of security for private keys that doesn’t exist in blockchain today. Continue reading for further explanation of the four major components included in the EOSIO 2.0 Release Candidate:EOS VM: A high-performance WebAssembly (WASM) engine specialized for blockchain applications that facilitates more efficient use of system resources when processing smart contracts and substantial performance gains.EOSIO Quickstart Web IDE: A powerful, new, self-contained, web-based integrated development environment for building EOSIO smart contracts and associated web applications. It can be set up in minutes, run in any browser, and helps lower the barrier to entry for new EOSIO blockchain developers.WebAuthn Support: A widely accepted secure authentication standard that enables transaction signing without browser extensions or additional software.Weighted Threshold Multi-Signature Block Production Support: A secure way for block producers to use different keys to sign blocks on primary and backup block production hardware.EOS VM We have developed a new purpose-built WebAssembly (WASM) engine, called EOS VM, to meet the growing demands of secure deterministic execution on EOSIO blockchains. Although well-suited to their purposes, Binaryen and WABT interpreters have issues with unbounded memory allocation, protracted loading time, and stack overflows, and they lack a sandbox on runtimes. Combined, these issues curb overall performance and reliability. As an initial WASM solution, the Binaryen interpreter was released in June 2018 with EOSIO 1.0, and it was replaced in September that year with EOSIO 1.3’s support for WABT, offering a 2x performance gain. With EOSIO 2, we’re releasing a new WASM engine called EOS VM, comprised of three components, each with its own features and offering specific performance enhancements. — A Trio of Powerful Components for Blockchain WebAssembly Execution. — The EOS VM Interpreter is a WebAssembly interpreter providing extremely fast parsing/loading, and deterministic and efficient time bound execution. Designing the interpreter from the ground up has enabled us to make room for future debugging support for smart contracts. The EOS VM Just In Time (JIT) compiler is a WebAssembly compiler that takes WASM and generates native code on the fly. This architecture enables very fast execution of WASM smart contracts and provides significant performance benefits over interpreters like WABT, Binaryen, and the EOS VM Interpreter. The sheer speed of this JIT solution allows us to use it on the blockchain without the long block compiling times of other solutions. The EOS VM Optimized Compiler is the third component of EOS VM and it uses a specialized compiler framework (LLVM) that leverages a multipass compilation architecture. The resulting native code from the Optimized Compiler is often an order of magnitude faster than the same code executed within WABT, Binaryen, EOS VM Interpreter, and EOS VM JIT. Most importantly, it is even faster than the existing WAVM engine, but unlike WAVM it can be used safely on the blockchain utilizing our tier-up design.Extremely Fast Execution Our benchmarking for the different components produced the following performance enhancements in our test environments:1 EOS Mechanics Benchmarks were sourced from the EOSIO community authored benchmarks and were run on AWS z1d.metal instances. 2 Replay benchmarks compared the time it takes for the EOSIO system provided replay capability to complete the same replay on the noted WASM engines and were executed on AWS z1d.metal instances. The above performance benchmarks show the relative strengths of various EOS VM components. EOSIO 2 features EOS VM JIT as the front line compiler for most smart contract execution, while the EOS VM Optimized Compiler attempts to compile the same smart contract in the background and deploy it for extremely fast subsequent execution on the chain. This tier-up architecture enables EOSIO 2 to leverage both fast startup and optimized compilation of smart contract code. EOS VM and its components are also highly customizable, so developers can implement its various facets in a specific manner suited to their desired functionality. Learn more by referring to the EOS VM repository on GitHub.Significant Improvements to Network Code We have added multi-threading support to net_plugin. Almost all the processing in the net_plugin, including block propagation, transaction processing, block/transaction packing/unpacking, and other processes are now handled by separate threads that are distinct from the main application thread. By isolating these processes we have seen significant improvements in transaction processing and block processing performance on multi-producer EOSIO networks. More details are available in the EOSIO 2.0.0-rc1 release notes.EOSIO Quickstart Web IDE Enhancements in EOSIO 2 were made with developers in mind, and this new tool will make it much easier to get started, share, and collaborate on EOSIO projects. Setting up a development environment for EOSIO currently entails a multi-step process, run locally on the developer’s computer, that may be quite complicated for those who are just onboarding. Now in the alpha support stage, the EOSIO Quickstart Web IDE intends to remove barriers to entry for developers. Run in the cloud, it enables new developers to set up a smart contract and web app development environment along with a fully integrated single-node personal testnet, so they can go from getting started to building in minutes. The EOSIO Quickstart Web IDE makes EOSIO more accessible to new blockchain developers, simplifying the process and making it quick and easy to start learning EOSIO development. Developers can begin with demo applications, seamlessly make changes, and see updates in real-time, as well as commit code to git repositories right from the browser. We look forward to receiving feedback from the community as new developers start building with the EOSIO Quickstart Web IDE.WebAuthn Support for EOSIO WebAuthn is a standard for strong user authentication collaborated on by the World Wide Web Consortium (W3C), the Fast Identity Online (FIDO) Alliance, with help from Google, Mozilla, Microsoft, Yubico, and others. WebAuthn allows you to use a hardware device for authenticating and signing transactions in a browser without extensions or other software installed on your device. WebAuthn creates cryptographic key pairs on devices like a YubiKey and shares only the public key with a remote server over a secure and authenticated channel. By managing authentication credentials entirely within hardware devices, WebAuthn has been shown to essentially mitigate entire classes of attacks such as phishing. Since the hardware device is essential, and passwords are not stored on a central server, implementing WebAuthn-based authentication can even help prevent high-profile data breaches where passwords are stolen. With this release of WebAuthn support for EOSIO, developers can begin testing transaction signing with WebAuthn in their EOSIO applications. EOSIO support for WebAuthn is a step towards secure and seamless transaction signing without needing to keep track of private keys or other account information. We are continuing to investigate mechanisms to support both community-facing and enterprise-level participants who wish to adapt their applications for WebAuthn integration, and we encourage application developers to join the first wave of early adopters testing the private applications of this technology.Weighted Threshold Multi-Signature Block Production Block producers must be able to provide high availability for their core service of running the blockchain. A common approach to achieve this is redundant infrastructure that efficiently maintains block production in the event of a hardware malfunction or networking issues. Weighted Threshold Multi-Signature Block Production is the first of many features that seek to provide block producers with a complete, high-availability solution. Current consensus rules require exactly one cryptographic block signing key per block producer. This key, whether stored on disk and loaded via software or protected with a hardware wallet, represents a single point of failure for the operations of a block producer. If that key is lost or access to the hardware module that contains it is temporarily unavailable, the block producer has no choice but to drop blocks, impacting the whole network’s throughput. To improve the security and scalability of block production, weighted threshold multi-signature block support provides a permission layer that allows for multiple block signing keys in a flexible scheme that will enable redundant block signing infrastructure to exist without sharing any sensitive data. Read more about weighted threshold multi-signature block production on GitHub.Stay Connected We continue to regularly iterate new features into the EOSIO software suite to provide developers access to higher-performing software enhancements, a secure means of transaction signing, and robust authentication protocols. Community participation is encouraged, as feedback provides insight into the specific needs of developers. If you would like to offer feedback on the release candidate of EOSIO 2 and work more closely with our team to improve EOSIO for developers, you can contact our developer relations team at To keep up-to-date with future announcements, you can also subscribe to our mailing list on the EOSIO website. We are excited to be regularly improving the usability of the software for EOSIO developers as we continue to lay a foundation for the mass adoption of blockchain technology. Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. Originally published at Introducing EOSIO 2: Enhancing Performance, Improving Security, and New Developer Tools was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.

Maturing EOSIO Resource Allocation for Public Blockchain Usage

EOSIO provides a wide range of options for allocating the available CPU and network bandwidth among token holders. The underlying principle of EOSIO is that if you own 1% of the tokens you may utilize 1% of the available bandwidth. Following this principle we created the resource exchange contract, known as REX, which allows token owners to rent their bandwidth to others at a market rate. With the advent of EOSIO 1.8, it is now possible for a contract owner to pay for the CPU and network bandwidth of their users by co-signing the transaction. Applications are now able to rent resources from REX and then cover bandwidth for users by cosigning their transactions. Under this model users no longer have to worry about bandwidth resources. This model is similar to how companies can choose to either buy hardware or lease it from cloud services, while simultaneously enabling companies to subsidize the bandwidth requirements of their customers. In addition to the above two ways to gain access to bandwidth on EOSIO networks, allocated, but unused, bandwidth can be freely used by others proportional to their tokens. This is like an internet service provider having a minimum guaranteed bandwidth, but allowing you higher speeds when the network is not congested.The Debate over Allocation of Free Resources Some users of EOSIO public blockchains, such as EOS, have come to count on “free bandwidth” like someone renting cheap AWS spot instances. Eventually, someone bids up the spot instances and their “cheap” service is cut off unexpectedly. This is what happens when someone rents tokens from the REX and then utilizes the available “free extra capacity” to bring the cost of “spot instances” beyond what many accounts have provisioned. An account may only have a guarantee of 1ms per day, but be relying upon 1000ms per day typically available while the network load is low. If usage increases and their “average daily use” is over 1ms then the account is frozen until they rent or buy more tokens. It is critical to point out that “congested mode” simply means the end of “free surplus bandwidth”. Even while in “congested mode”, someone with 1% of the tokens can continue to transact uninterrupted so long as their average consumption remains below 1%. In an effort to reduce costs for end users, while the network is idle, someone with a limited amount of bandwidth, could in fact consume a greater amount of bandwidth. However, once traffic on the network picks up, users will still operate without interruption as long they only consume the percentage of bandwidth they’re allocated for. A typical transfer consumes about 188us of CPU today, and with EOS VM that number could fall substantially. On EOS for instance, this means that we can expect spending 1 EOS/month on REX enables someone to perform 100,000 transfers per month.For example, at $3 per EOS the result is $0.00003 per transfer which is relatively very inexpensive even when the network is experiencing high volumes of traffic. Note that the cost to rent EOS would likely increase if the network remains highly utilized and everyone rented what they needed instead of relying on free bandwidth. Some users have taken it upon themselves to wastefully consume the “free” bandwidth offered when those who have reserved bandwidth don’t utilize it. This behavior forces the network to reduce the amount of “free” bandwidth it offers to all users, and disrupts those that have come to rely on a consistency of free resources.Bandwidth Allocation on EOSIO Public Blockchains EOSIO can offer “free” transactions in two senses. Firstly, when you own tokens you don’t consume tokens while transacting. This kind of “free” transacting is paid for through token inflation. The second is the surplus of network resources that have historically been offered to the public for free, beyond the minimum guarantee. It is this second kind of free transaction that can, and we believe should be phased out. In EOS’s case, we believe it’s now time to operate the network as if it is experiencing high volumes all the time. This wasn’t possible before the REX because capital costs to transact “for free” would have been too high, but with the existence of the REX and EOSIO 1.8, it is now cheap enough to rent network resources, and giving free bandwidth during low volume times is no longer necessary or beneficial for optimal network operation. Recent events have evidenced that the existence of “sometimes free” bandwidth creates unrealistic expectations in both developers and users who don’t fully understand the specifics of EOSIO design. Removing this feature will ensure everyone adapts to securing network resources through renting or staking tokens, and will result in an improved user experience where every user always gets what they expect.Benefits to REX Elimination of “free surplus bandwidth” will result in more predictable network pricing. Currently free bandwidth is “undercutting” the REX market, and by eliminating free usage, and the unrealistic expectation of an infinite supply of such, people will be required to pay for the bandwidth they are using, and all bandwidth will be allocated to applications and users that have secured it. The net result will be a more fair outcome for those renting resources to REX, more value driven back to token holders, and most importantly, a more stable and predictable network state.Grey Listing as an Interim Solution EOSIO currently supports an option for block producers to “grey list” accounts that abuse the free bandwidth feature by restricting them to their guaranteed bandwidth allocation. This greylist feature was added in the early versions of EOSIO to limit those who would abuse the system without blocking them entirely. This is a subjective feature, which means that it is not a hard fork and block producer adoption will effect the rule on a pro-rata basis; recommends that block producers leverage this feature. In the meantime, and as an additional measure, is working on a new feature for EOSIO that will allow block producers to specify a grey list value which would apply the grey list to all accounts by adjusting the maximum “free bandwidth multiple” to a value between 1000x and 1x. The goal is to provide a way for block producers to gradually reduce the free bandwidth multiple, as the network moves to a more more modern resource allocation patterns. believes that a hard fork could be used as another effective measure to make the shade of grey listing a global consensus parameter, rather than a setting individually implemented by each block producer.Conclusion The EOS network is an example of a public blockchain that continues to successfully operate according to EOSIO’s design, and everyone is fairly getting their share of available network resources. The advent of REX and EOSIO 1.8 now eliminates the need to offer free bandwidth during uncongested mode in order to keep bandwidth costs extremely low. The maturation of public blockchains running on EOSIO to allocate network resources solely to “staked” participants will introduce stability and predictability in line with proven best-practice models for network and hosting resource allocation. Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. Originally published at Maturing EOSIO Resource Allocation for Public Blockchain Usage was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.

Lamington Simplifies EOSIO Smart Contract Development

Kevin Brown, the founder of Coinage, tells us about his work on the Lamington project and how this tool is designed to help compile, deploy and test EOSIO smart contracts.How does Lamington aid in smart contract development? Lamington is an easier way to compile, test, deploy, and call actions on your EOSIO smart contracts from Javascript and Typescript. It generates full Typescript types from your ABIs (giving you autocomplete in VSCode even if you don’t use Typescript) and creates contract objects so you can simply write await contract.action(parameter1, parameter2) instead of having to dive down to the EOSIO level on every call. It also comes with a bunch of helpers for asserting data in tables looks how it should after actions are called, or asserting that a contract action is missing an authority, etc.Why did you decide to create Lamington? At Coinage we work with companies to build decentralized platforms at scale every day. When building layer 2 solutions and dApps on EOSIO we realized we kept creating the same shell scripts over and over again, and that there was no easy drop-in way to compile, deploy, and test our smart contracts. When looking at the field of tooling that’s already out there, everything we tried either put constraints on our project (for example, using one smart contract only), didn’t work with our preferred language, or supported Javascript but not Typescript. We wanted a single tool that would get out of the way and just let us write test files next to our contracts. It also turned out to be incredibly helpful to provide a higher level interface so calling actions or get table rows didn’t involve remembering how EOSIO calls worked, but instead just let us call contract.table() or contract.action(), and assertRowsEqual() or assertMissingAuthority().How does Lamington help EOSIO developers? Lamington manages the compilation, deployment, testing, and calling of actions / getTableRows so you don’t have to. When testing it allows you to easily deploy clean copies of your contract so your tests don’t depend on context from each other. When in production it gives you an easy, type aware interface to your contracts, both in calling their actions, as well as retrieving their data with getTableRows.What are the future plans for Lamington? Are you working on any particular new features? It’s still pretty early, so our primary goal at this stage is to get more users using it so we can iron out the bugs and release a v1. Coinage is already using Lamington in production, so we know it works well for our use case, but we want to make sure any nasty edge cases are found and eliminated before we give it a production version number. From there we want to introduce some incremental improvements to the way we help users manage things like eosio.code permission and other more advanced use cases. We want to continue to use the guides section on our website to cover more advanced EOSIO concepts with full examples to help people become better EOSIO developers and dive more in depth than the official documentation.What has the response of users/the community been? It’s been fantastic! One stand out community example for Lamington has been Mitch Pierias. He built a repository of more advanced EOSIO examples which he didn’t have a good way to demo or test before he found Lamington. He’s now rolled Lamington tests out for all of the examples, which helped us to work out some edge cases we hadn’t encountered in our own projects. On the repo there’s now a test suite next to each contract which shows users not just how the C++ looks, but also how they use the actions to actually achieve the functionality demonstrated in the example. He’s now a core Lamington contributor and has moved the tool forward in amazing ways. We’re really looking forward to more interactions with the community to help make Lamington even more valuable for a wider group of developers.Who is working on the Lamington project? Lamington is being funded by Coinage, but it is an open source community project, so the answer to that question is whoever wants to! Our hope is to make Lamington useful enough to a wide enough group of people that we’re able to make EOSIO development more accessible to engineers from any background, and to make EOSIO development more productive for those that are already familiar with it.How are you measuring community feedback to the project? Right now everything is very anecdotal as it’s early days, but our approach is to focus on making a tool where easy things are easy, and complicated things are achievable with some research. Our next key metric for the success of the project is adoption and a v1 release.How do developers get started when using Lamington? Lamington largely fits in with whatever folder structure you’re already using. You can get started by installing Lamington, then following the getting started guide on our website. We also have full API documentation, and if you want to chat with the core team directly, there’s a Slack instance which is open for anyone to join.Do you have plans to make any other development tools in future? We plan to extend Lamington to be as useful as it can be in dApp development. That means making it easier to take on-chain data and show it in React or Vue applications, as well as providing a more robust approach to key management and calling smart contract actions from NodeJS. We’re looking forward to seeing what features are most wanted by the rest of the EOSIO development community. As for other tools, we build tools as we see a need for them, so right now the focus is on making Lamington rock solid, and in the future we may build other tools that help us deliver on our mission of building decentralised platforms at scale.Where can developers go to discuss Lamington and contribute to the project? The best place to chat with the core team to ask questions or generally give us feedback is on the Lamington Slack instance. The best place to contribute issues or pull requests is GitHub.Building on EOSIO? Our #BuiltOnEOSIO series showcases some of the amazing projects leveraging EOSIO technology to build a more secure and connected world. If you would like to suggest a project for us to feature please send an email to for our Developer Relations team to Developer Relations team Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. Originally published at Lamington Simplifies EOSIO Smart Contract Development was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.

Upland Blurs the Boundaries of the Real and Virtual Worlds

Upland Co-Founder Idan Zuckerman explains how Upland, a blockchain collectible game, allows players to truly own virtual objects that are linked to the real world, and how this could disrupt the casual gaming industry.Can you introduce Upland for us? Upland is a fun, blockchain-powered, property collectibles game that blurs the boundaries between the real and virtual world. We believe Upland has the ability to spearhead a new type of movement; we call it the Ownership Revolution. People who play Upland can experience true ownership of the digital assets they collect in the game, with provable scarcity and ownership supported by blockchain technology.Where did the initial idea for Upland come from? As friends combining decades of experience in both the casual gaming and decentralized economies industries, we were looking at the different ways blockchain technology can disrupt a $50B casual games industry. One game night, after playing Monopoly and watching the Netflix series “Stranger Things,” we got thinking about a property game in a parallel universe. We believe properties that are based on real-world addresses are the ideal collectible NFT, and can serve as the foundation for a phenomenal location-based game. We knew we’d need to make the game super easy and accessible to play in order to be successful with mainstream audiences, which is why we’ve opted for a unique approach to blockchain gaming by reducing the traditional technical barriers to entry.Can you introduce the team behind Upland, and tell us what makes it special? We have a very diverse team and our founders are serial entrepreneurs from various business and technology backgrounds. My own background is in heading up product and engineering organizations. I started my career in a special tech unit in the IDF (Israel Defense Force) where I led the developer and IT teams. After shifting to Consumer Internet, I also served as the VP of Engineering for Israel’s largest sports-news website, prior to joining the founding team of RocketPlay. I went on to serve as VP of Interactive Product at AGS for 3 additional years. Dirk Lueth co-founded European and US-based companies in the FinTech and digital media spaces, including the Financial Times Deutschland and Forbatec which has been acquired by SunGard (today NYSE:FIS). Dirk has also mentored over 30 startups through his work at the German and Swiss startup accelerators in Silicon Valley and is a frequent speaker/panelist about blockchain and platform economics. He has studied Business Administration in Frankfurt and Paris and received a Ph.D. from the European Business School in Germany, where he wrote his doctoral thesis about private and state-controlled currencies. Mani Honigstein studied at the University of London and Harvard University before starting his tech career in Tel Aviv, Israel where he spent over 10 years. Mani was a Principal at Pitango Venture Capital, Israel’s largest VC before founding and serving as the CEO of RocketPlay. RocketPlay became a leading mobile gaming company before its acquisition by AGS (NYSE: AGS). While serving as the GM of Interactive at AGS, Mani also became a co-founder of Maxwell Financial Labs, a leader in mortgage software. After leaving AGS, Mani started NeueCapital, a venture fund which focuses on investing in European and Israeli B2B software companies. We also have an experienced team of developers in Ukraine, who are dedicated to making the Upland experience exciting, memorable, and addictively-fun for all players.What stage is Upland at currently, and what are your plans for scaling? Upland is currently in the beta phase and we are inviting a limited number of users to test our pre-launch version. San Francisco will be the first city in the game and we plan to expand to other cities and urban areas globally using a franchise system, where local operators can launch Upland in their part of the world. In the future, we also plan to invite third-party developers to build exciting new features and expand on our current foundations.Why did you decide to use blockchain technology, and specifically EOSIO? We decided to use blockchain technology because it allows us to create a real and open economy for our users. Thanks to blockchain technology, players can collect digital properties (NFTs) and virtual currency in the game and truly own them. The in-game currency, UPX, works as a vessel for a trustless exchange of value among our players. We chose to build on EOSIO because we believe it’s the fastest and most scalable blockchain to build Upland on. Our end users don’t have to pay fees to interact with the game and EOSIO has a vibrant and growing community which we are proud to be a part of.How has the EOSIO Community responded to your project? We’ve had some incredible feedback so far from the pool of testers who’ve tried the pre-launch version. The community is very excited to see our finished product, and we have received a lot of interest both in the US and overseas in Asia, so we are optimistic that Upland will be incredibly popular leading up to our full launch later this year. We have opened our waitlist at and are inviting limited amounts of users to test and purchase virtual properties in San Francisco.What features of Upland do you think are the most compelling for users? Firstly, we believe Upland’s fun game loops will be a key element for our users. Discovery and interaction is at the core of the game, and the ability to roam the neighbourhood while building a real digital property portfolio is an enticing prospect. Secondly, we have an awesome game hero, The Llama, who helps our players to navigate the new world and truly embodies Upland’s quirky essence. Finally, the core element of Upland is the level of true ownership that blockchain gaming offers. You can purchase, trade, and win items within a game. Blockchain backed assets allow you to truly own and keep your hard earned rewards instead of leaving them in the hands of a gaming company. We also have lots of exciting location-based features planned for the future, one of which is an AR roaming feature, allowing Uplanders to find properties and UPX coins using their mobile phone camera.What makes Upland different from other mobile games out there? Upland is different to other mobile games because it has a natural scarcity of available properties, as they are all based on real-world addresses. We really liked the idea that players can buy a virtual property based on the real world because it’s something people can relate to, either because they want to own what they possess or aspire to in real life, or they simply want to enjoy playing the game. We have also worked hard to make the complex technicalities of the underlying blockchain technology invisible to the player, and to make the game accessible to play using fiat currency for both acquiring and selling assets. We are eliminating the traditional barriers which typically stop people entering the blockchain space, like setting up a crypto wallet. We have simplified our sign-up process, so players only need their email address to get started and there is no complicated key handling when they join.What is the vision for Upland going forward? Our ultimate mission is to bring the benefits of blockchain technology to the mass market, and we aim to do that through the casual gamified experience which Upland offers. We hope one day to see Upland in every city of the world, and to be recognized as a mainstream movement which empowering digital ownership. The Ownership Revolution is coming…Building on EOSIO? Our #BuiltOnEOSIO series showcases some of the amazing projects leveraging EOSIO technology to build a more secure and connected world. If you would like to suggest a project for us to feature please send an email to for our Developer Relations team to review - Developer Relations team Important Note: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, limitations and restrictions relating to our software, publications, trademarks, third-party resources and forward-looking statements. By accessing any of our material, you accept and agree to the terms of the notice. Originally published at Upland Blurs the Boundaries of the Real and Virtual Worlds was originally published in eosio on Medium, where people are continuing the conversation by highlighting and responding to this story.


EOS Officially Adopts Community-Led Leap 3.1 Codebase After Hard Fork

    EOS managed to raise $4.2 billion in its year-long ICO back in 2018. Despite a very hyped start, the project had a rather bumpy ride. After edging close to dissolution, EOS has finally declared 'independence.' According to the press release shared with CryptoPotato, EOS block producers have executed a coordinated hard fork to Leap 3.1. EOS is finally migrating to the newly forged Antelope Framework. This essentially means that an individual running a node will have upgraded them to continue syncing with the network. This is EOS' second hard fork and seeks to activate new features that are not backward compatible with previous code versions. Liberating EOSIO Codebase Leap 3.1 is the C++ implementation of the new Antelope protocol, which comes with several new features such as transaction lifecycle improvements, upgraded crypto primitives that power EVM-related cryptography functions, and block and SHiP pruning. For the uninitiated, Antelope is a community-run blockchain protocol supported by members of the EOS Network Foundation (ENF), which include EOS, Telos, Wax, and UX Network. The hard fork of the code of the EOSIO blockchain signals the official switch over to Antelope. It uses an evolved version of the Proof-of-Stake (PoS) consensus mechanism called - Delegated Proof-of-stake (DPoS), wherein network users vote and elect delegates (referred to as block producers) to validate the next block. The devs use this protocol for various apps, including DeFi, NFT, games, supply c... read More

Bitcoin Price Struggles at $21K, EOS Soars 20% (Market Watch)

    Bitcoin continues to consolidate around the $21,000 mark after dipping below that level on multiple occasions yesterday. Most altcoins are well in the green on a daily scale, with EOS emerging as the most impressive gainer following a double-digit price surge. Bitcoin at $21K The primary cryptocurrency fell hard last week, dumping from a multi-month high of over $25,200 to a multi-week low of under $21,000. This all happened in less than seven days. As such, when the weekend arrived, the asset had calmed and traded mostly in a range between $21,000 and $22,000. The start of the current week also lacked any firecrackers. Yesterday saw a few price dips below $21,000 but BTC managed to recover those losses rather immediately. As of now, the cryptocurrency has jumped to above $21,000 and stands $500 north of it. Consequently, its market cap has managed to defend the $400 billion level. Its dominance over the altcoins has also taken a breather and sits just over 40%. BTCUSD. Source: TradingView EOS Steals the Show The alternative coins retraced slightly yesterday, but most have turned green today. Ethereum had lost over $500 at one point after last weekend's surge above $2,050. Now, though, the second-largest crypto trades confidently above $1,600 after a 5.5% daily increase. Binance Coin is just inches away from tapping $300 again following a minor price jump. Ripple, Cardano, Solana, Dogecoin, Shiba Inu, and Avalanche are also in the green now. Polkadot, Polygon, and Avalanche h... read More

EOS Price Rallied By 10%, Coin To Retest $2?

    EOS price has propelled by 10% and now is one of the top gainers over the 24 hours. This has pushed the coin quite close to its next price resistance. The bulls were back on the 24 hour chart and that depicted positive price action for the coin. Despite Bitcoin falling on the chart and other major altcoins moving south EOS noted a considerable surge in price. EOS price also depicts a broad wedge pattern, this pattern is often tied to exhaustion of a trend. In this case, EOS price was reversing its previous bearish price momentum. Technical outlook on the chart pointed towards bullish price action gaining strength. Buying strength on the 24 hour chart were substantially high. In case buying strength holds its ground, a move to the immediate resistance becomes easy for the altcoin. Price of EOS needs to trade above its current price action for the coin to move and witness another possible rally. EOS Price Analysis: One Day Chart EOS was priced at $1.70 on the one day chart | Source: EOSUSD on TradingView The altcoin was trading at $1.70 at the time of writing. It secured double digit gains over the last 24 hours as the bulls surfaced. The coin has also formed a broad wedge pattern which meant that EOS's previous bearish price thesis would be discontinued. The overhead resistance for the coin stood at $1.90 and a move above that level will push EOS to $2. In case the sellers resurface in the market, the local support level for the coin awaited at $0.90. The amount of EOS traded ... read More

Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Decline...

    Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today's rally sees the token move almost 20% higher in the last seven days. Flow, on the other hand, extended its recent declines and is now down by almost 30% in the same period. EOS EOS was trading mostly higher on Monday, as the token remained close to a three-month high. Last Wednesday saw EOS/USD rise to a high of $1.64, which was its strongest point since May 11. Since then, market uncertainty has heightened, with the token fallen 20 cents below that level, at $1.44, on Sunday. However, to start the week, bullish sentiment returned, with EOS hitting a high of $1.58, which is marginally below a ceiling of $1.60. This peak saw the relative strength index (RSI) also hit a resistance point, colliding with its 65.45 threshold. As a result of this, earlier gains have eased, as bulls opted to secure profits by liquidating positions. EOS is tracking at $1.52 as of writing. Flow (FLOW) On the other hand, flow (FLOW) was on the opposite side of the spectrum, as prices extended recent declines. Following a high of $2.20 during Sunday's session, FLOW/USD fell to a low of $2.03 to start the week. Today's drop sees the token hit its lowest point since August 4, when prices were trading at a low of $1.86. Overall, FLOW is down by nearly 26% in the last week, and this comes after an extended period of sell-offs. Prices have now moved lower for eleven of the last twelve sessions, commencing aft... read More

TA: Weekly Top 5 Crypto To Watch – BTC, ETH, BNB, TRB, EOS

    The crypto market saw retracement across all boards with the crypto marketcap being rejected from its resistance of $1.2 trillion leaving top cryptos affected. This has led to market sentiments going back to bearish with many crypto assets sitting on the key support zone. Let us focus on the top 5 cryptos you should pay attention to this week. Disclaimer: The picks listed in this article should not be taken as investment advice. Always do your research and never invest more than what you can afford to lose. Top Crypto Price Analysis Chart -Bitcoin (BTC)  Daily BTC Price Analysis | Source: BTCUSDT On From the chart, the price of BTC was rejected from $25,200 with a bullish uptrend in a rising wedge. The rejection from the resistance led the price of BTC to break out in a downward trend.  BTC is currently trading at $21,100 at the point of writing this article. The price of BTC was unable to hold the support at $22,500 leading to a retest of lower support at $20,800.  A breakout below this $20,800 support holding the price of BTC could see the price going lower to a region of $19,000 which is seen as a demand zone for BTC prices over the weeks. Price Analysis Of Ethereum (ETH) On The Daily (1D) Chart Daily ETH Price Analysis | Source: ETHUSDT On The price of Ethereum in recent weeks outperformed BTC after showing a bullish trend ahead of  “The Merge,” rising to a region of $2,030. ETH price was rejected from $2,03... read More

Biggest Movers: EOS up Nearly 20%, Token Hits 3-Month High

    Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming Yield+ incentive program. Today's price surge comes despite the global cryptocurrency market cap falling by almost 2% as of writing. Tezos was also higher, hitting a two-month high on hump day.EOS EOS was one of Wednesday's biggest movers, as prices of the token climbed by as much as 20%. Today's gains come three days after EOS began to accept registrations for its upcoming Yield+ incentive program. The program, which is essentially a reward offering, will be distributed on August 28, exactly two weeks after registration opened. As a result of this, EOS/USD surged to a peak of $1.64 on Wednesday. This comes less than a day after trading at a low of $1.28. Wednesday's high is the strongest point for the token since May 11, and comes following a breakout of a key price ceiling. Looking at the chart, this resistance was at the $1.43 level, which has been in place for the last three months. Following today's rally, the relative strength index (RSI) is now tracking at a high of 70.33, which is marginally above a ceiling of 69. Tezos (XTZ) In addition to EOS, tezos (XTZ) was another notable mover in today's session, with it climbing to its highest point in over two months. XTZ/USD raced to a high of $2.02 earlier in today's session, which was up from Tuesday's low of $1.82. This is the highest point tezos has reached since June 11, when the token was trading above $2.07. However, as ... read More

Dogecoin Madness and EOS Skyrockets 30%: The Daily Market Watch

    Bitcoin tried its hand at tapping $24,500 but took a sudden turn that pushed it south by almost $1,000. More 24-hour scale volatility came from Dogecoin. EOS, on the other hand, has skyrocketed by nearly 30% in the same timeframe. DOGE Volatile, EOS Soars The altcoins traded calmly yesterday, but several went on a volatile roller-coaster. Dogecoin is a prime example. The OG memecoin jumped from under $0.8 to a multi-week high at $0.92 in a matter of hours (on Binance). Then, it retraced just as sharply and now stands below $0.85. EOS is the best performer from the mid-cap alts. The asset has skyrocketed by nearly 30% in a day. As a result, it soared above $1.6, which became a 3-month high. Looking at a 24-hour scale, most larger-cap alts sit stagnant as well. Aside from a few brief fluctuations, ETH, BNB, ADA, XRP, and SOL have all remained at essentially the same price they were yesterday. Shiba Inu, Avalanche, and MATIC, on the other hand, have marked insignificant declines. Tezos is another impressive performer as XTZ is up by over 8% in a day and sits close to $2. The crypto market cap also stands still now at $1.150 trillion after getting rejected at $1.2 trillion a few days back. Cryptocurrency Market Overview. Source: Quantify Crypto Industry News According to Chainalysis, crypto-related crimes have taken a sharp decline in the past several months due to the decreasing market prices. The SEC went after another crypto project - Dragonchain - for allegedly selling unregi... read More

AscendEX lists new leveraged tokens: ADA, DOGE, DOT, EOS, GALA and LINK

    AscendEX, a full-stack cryptocurrency exchange platform, announced today the addition of six new leveraged tokens for trading: ADA, DOGE, DOT, EOS, GALA, and LINK, set to go live June 16, 2:00 a.m. UTC. For more details on the new listings, see below: Token 3X Leverage Long 5X Leverage Long 3X Leverage Short 5X Leverage Short ADA ADA3L/USDT ADA5L/USDT ADA3S/USDT ADA5S/USDT DOGE DOGE3L/USDT DOGE5L/USDT DOGE3S/USDT DOGE5S/USDT DOT DOT3L/USDT DOT5L/USDT DOT3S/USDT DOT5S/USDT EOS EOS3L/USDT EOS5L/USDT EOS3S/USDT EOS5S/USDT GALA GALA3L/USDT GALA5L/USDT GALA3S/USDT GALA5S/USDT LINK LINK3L/USDT LINK5L/USDT LINK3S/USDT LINK5S/USDT Note: L, short for long, refers to “going long”. S, short for short, refers to “going short”. The numbers 3 and 5 refer to the leverage multiple for a particular token. On AscendEX, market orders can earn rebates of up to 1.5 bps for injecting liquidity into the exchange, while taker orders pay as little as 3 bps. The post AscendEX lists new leveraged tokens: ADA, DOGE, DOT, EOS, GALA and LINK appeared first on CryptoNinjas. read More

Biggest Movers: Near, EOS and RUNE Fall During Friday's Selloff

    NEAR was one of the big movers in today's trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session. Near Protocol (NEAR) NEAR was one of the biggest tokens to fall on Friday, as a red wave swept over cryptocurrency markets to end the week. Following a peak of $17.12 on Thursday, NEAR/USD dropped to a bottom of $15.12 during today's trading session. As a result of this drop in price, NEAR fell below its recent support level of $15.45, for the first time since the start of the week. Following a breakout of the ceiling at $17.50, prices recently rose to a one week high of $17.77 on Wednesday, however this upwards momentum was short lived. The turnaround saw prices drop for three consecutive sessions, leading to the 14-RSI to track at its weakest point in over six weeks. Now in oversold territory, bears will likely try to push prices even lower, whilst bulls could see this as an opportunity to buy low. EOS Similar to NEAR, EOS has also held firm at a recent resistance level, leading to a selloff during today's session. EOS/USD fell to an intraday low of $2.48 earlier on Friday, after trading above $2.84 less than 24-hours ago. Following a false breakout of the $2.75 ceiling, EOS has gone on to fall for two consecutive sessions, with today's decline taking us to a short-term floor. As seen on the chart, $2.45 has recently acted as the first line of defense for fading pric... read More

EOS Launches EVM Support in Attempt to Revitalize Platform

    The web 3.0 dapp platform EOS has finished the work needed to bring the Ethereum Virtual Machine (EVM) to the network. That means developers will be able to build and transfer more blockchain applications to the network using familiar tools and coding language. EVM Meets EOS EVM is the software platform used to create decentralized applications (dapps) on Ethereum. It’s a virtual programming stack embedded within each Ethereum full node. The programming language used to create smart contracts that run on EVM is called ‘Solidity.’ The EVM also stores the entire state of the Ethereum network (including all balances and accounts) and determines the rules for how the network changes state with each block. Given that Ethereum is the first and largest smart contract platform available making other blockchains EVM compatible has become somewhat of an industry standard. This allows those platforms to easily adopt the new developments created on Ethereum, using the same code. As explained in a press release seen by CryptoPotato, integrating EOS’s new Trust EVM will grant the network this ability. The virtual machine, which will run as a smart contract, reportedly enables much higher throughput than other EVMs at 10,000+ TPS. By comparison, Visa reportedly handles around 1700 transactions per second, on average. “Trust EVM will usher in the next generation of Defi and GameFi with limitless possibilities when combining the speed, throughput, and cost of EOS... read More

Biggest Movers: WAVES, GMT, and EOS Among Big Gainers on Easter Weekend

    Following recent declines in price, WAVES climbed higher to start the weekend, as crypto markets moved marginally higher. Some of the biggest contributors to the gains were EOS and GMT, which both rose by over 6%. EOS EOS rose for a second consecutive session to start the weekend, as prices raced to their highest level in over ten days. After trading at a low of $2.34 on Friday, EOS/USD raced to an intraday peak of $2.52 during Saturday's session. This is the most EOS has hit since April 7, and comes after prices moved away from the long-term support level to start the week. As seen from the chart, this floor was at the $2.20 point, which prices hit following two weeks of declines, which commenced at a top of $3.17. Since this drop, which also saw the 14-day RSI hit a multi-month low of 36.34, price strength has climbed, and now hovers below a ceiling of 52. Should this resistance point be broken, we could see bulls look to push price towards the $2.65 level. WAVES WAVES was also up on Saturday, as traders appear to have finally found a floor, following a recent bearish run. Similar to EOS, prices of WAVES have been battling a red wave since March 29, which is when the recent bear run in crypto markets began. This run has seen WAVES drop to a bottom of $20 on Thursday, which is its lowest point in over five weeks, and an area where bulls typically re-enter. As of writing, WAVE/USD has risen to a high of $22.89 in today's session, after beginning the day tracking closer to ... read More

Biggest Movers: SOL Moves Past LUNA, as EOS and FIL Lead Monday's ...

    Solana reclaimed the eighth position in the crypto top ten, as ADA and DOT were both over 10% higher to start the week. Despite this, it was EOS and FIL which led today's gainer, with FIL gaining over 30% in the session. Filecoin (FIL) FIL rallied by as much as 30% to start the week, as cryptocurrencies rose across the board during Monday's session. The global crypto market cap was 6.5% higher on Monday, led by gains in FIL, which rose to an intraday high of $25.62. Today's peak follows yesterday's lows which saw FIL trading below the $20 level, following recent rallies from support of $17.50. From this support, FIL/USD continued to move beyond the resistance level of $23.30, with today's high hitting its highest point since February 8. Looking at the chart, prices are currently overbought, as the 14-day RSI indicator is tracking at 75.10. This is the highest reading since September 6, and as such bears may be looking for an opportune time to push prices lower. EOS Although ADA, DOT, and SOL were all almost 9% higher as of writing this, none rose as much as EOS on Monday. Following a low of $2.56 to begin the session, EOS/USD climbed to a peak of $3.17, breaking out of its long-term resistance in the process. Monday's move saw the world's 49th largest cryptocurrency surge past its ceiling of $2.77, on its way to its highest point since January 5. Today's three-month high came as readings on the RSI indicator were off the charts, as price strength also rose to multi-month... read More

EOS Price Surges 20% as Brock Pierce Reveals “Crazy Bet” Co-founder, Brock Pierce, is confident in EOS's comeback this year. His latest comments came ahead of a massive rally, which drove the asset's price up by 20%. After weeks of market stagnation, EOS finally escaped from a prolonged consolidation. While the cryptocurrency is still a few points down from erasing its losses for the year, the climb to a crucial $3 level came amidst a market-wide rally. Much of the latest surge could be associated with Brock Pierce's tweet in which the former US presidential candidate expressed his conviction regarding EOS and said that he is 'fully engaged again.' Pierce added that 'major changes and progress finally happening' with regards to Helios. He even went on to reveal trading all his shares in the company for EOS tokens. 'I, for one, traded all of my shares in B1 (the 240k BTC, Bullish, et al) for EOS tokens. I win with the community or lose with the community. Lots happening. Stay tuned. I made a crazy bet. All for eos and eos for all.' A couple of years ago, EOS was one of the most well-funded blockchain projects with its staggering $4.1 billion ICO raise. Today, it is often touted as a 'ghost chain,' and not everyone is confident in its renaissance. One of the major reasons for the downfall was Block. one's relationship with the EOS community turning sour. According to EOS Network Foundation (ENF), the community has been let down by Block. one's lack of commitment to the EOS blockchain. All the subsequent launches, be it t... read More

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