Largest ICO Project to Date Goes Live After Voting Threshold Reached
The Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term network of the fifth largest cryptocurrency by market cap went live on Friday. The protocol has been activated after over 15 percent of token holders have voted to start the procedure.
The EOSIO main net got successfully validated by the holders of the cryptocurrency, with the number of tokens staked rising above 216 million as of writing. A total of 192 561 transactions over 94 000 blocks have been processed.
The block producers, which is the term equating to miners on the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term network have been preparing the move for about a week. The market capitalization of EOS at present is about $9.8 billion as the token’s value dropped close to 3.7 percent during the past 24 hours.
At the beginning of June the creator of the EOS blockchain protocol, Block.one, released the first fully operational version publicly. The company has also pledged $50 million to support the development of the ecosystem after raising $4 billion in the largest ICO to date.
Voting Only for True HODLers
The launch of the network took about a week with the main reason for the delay being focused on the lack of the ability of all holders of the token to vote. In a well-expected development, those EOS token holders who have their assets stored at exchanges couldn’t case a vote on the launch of the system.
The decentralized application protocol has been one of the main contenders in the crypto space claiming much faster transactions speeds than Ethereum leading to better scalability. The first batch of block producers is limited to 21 with EOS Canada holding the top position at launch.
The President and CEO at EOS Canada, Marc-Antoine Ross, said: "As custodians of the network, we want to help secure and lead this revolution.”
The EOS network aims to solve the main problem which is currently encountered when an app is running via Ethereum: scalability. The 15 transactions per second threshold on the second largest cryptocurrency in the world is greatly limiting the ability of developers to launch sizeable projects.
The Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term network of the fifth largest cryptocurrency by market cap went live on Friday. The protocol has been activated after over 15 percent of token holders have voted to start the procedure.
The EOSIO main net got successfully validated by the holders of the cryptocurrency, with the number of tokens staked rising above 216 million as of writing. A total of 192 561 transactions over 94 000 blocks have been processed.
The block producers, which is the term equating to miners on the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term network have been preparing the move for about a week. The market capitalization of EOS at present is about $9.8 billion as the token’s value dropped close to 3.7 percent during the past 24 hours.
At the beginning of June the creator of the EOS blockchain protocol, Block.one, released the first fully operational version publicly. The company has also pledged $50 million to support the development of the ecosystem after raising $4 billion in the largest ICO to date.
Voting Only for True HODLers
The launch of the network took about a week with the main reason for the delay being focused on the lack of the ability of all holders of the token to vote. In a well-expected development, those EOS token holders who have their assets stored at exchanges couldn’t case a vote on the launch of the system.
The decentralized application protocol has been one of the main contenders in the crypto space claiming much faster transactions speeds than Ethereum leading to better scalability. The first batch of block producers is limited to 21 with EOS Canada holding the top position at launch.
The President and CEO at EOS Canada, Marc-Antoine Ross, said: "As custodians of the network, we want to help secure and lead this revolution.”
The EOS network aims to solve the main problem which is currently encountered when an app is running via Ethereum: scalability. The 15 transactions per second threshold on the second largest cryptocurrency in the world is greatly limiting the ability of developers to launch sizeable projects.