Ongoing EOS ICO Has Raised Over $2 Billion
- The 'Ethereum-killer' has raised 5.2% of all currently available Ethereum tokens.
EOS, a 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 company with a 350-day ICO, has so far raised $2.6 billion according to a price analysis published in Brave New Coin.
https://youtu.be/k3K4M8fXcBg
We published an analysis of EOS in February looking at whether it really is any different to competitors such as Ethereum, Lisk, and NEO. Bitfinex CEO Jan Ludovicus van der Velde certainly thinks it is; he called it “fundamentally transformative” and launched a decentralised exchange called EOSfinex in partnership with the company.
One thing that is different is that it uses a consensus system called delegated proof of stake, which very basically means that blocks are approved by elected representatives instead of everyone, which is the case with the problematic proof of work system still used by Ethereum. DPOS is used by companies such as Lisk and Tezos.
Another unique point is that the price of the tokens is set by market demand, not set as is usually the case. They have averaged a price of $4.42.
I found it worrying that the EOS whitepaper began by saying that its operator “does not guarantee the accuracy of or the conclusions reached in this white paper” and that it will “have no liability for damages of any kind arising out of the use, reference to, or reliance on this white paper or any of the content contained herein”. However, EOS seems to be doing very well.
According to Brave New Coin, its uniquely organised complicated ICO is raking in cash - it has so far raised 5,148,884.15 ETH, which is 5.2 percent of all ETH currently available.
The ICO is split into 23 hour-long sessions organised into multiple phases. The first phase of the sale began in Jue 2017, and raised $185 million within the first five days.
EOS has a market capitalisation of almost $7 billion according to coinmarketcap.com, with the majority of trading occurring on OKEX, Huobi, Bitfinex, Bithumb, and Binance.
EOS, a 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 company with a 350-day ICO, has so far raised $2.6 billion according to a price analysis published in Brave New Coin.
https://youtu.be/k3K4M8fXcBg
We published an analysis of EOS in February looking at whether it really is any different to competitors such as Ethereum, Lisk, and NEO. Bitfinex CEO Jan Ludovicus van der Velde certainly thinks it is; he called it “fundamentally transformative” and launched a decentralised exchange called EOSfinex in partnership with the company.
One thing that is different is that it uses a consensus system called delegated proof of stake, which very basically means that blocks are approved by elected representatives instead of everyone, which is the case with the problematic proof of work system still used by Ethereum. DPOS is used by companies such as Lisk and Tezos.
Another unique point is that the price of the tokens is set by market demand, not set as is usually the case. They have averaged a price of $4.42.
I found it worrying that the EOS whitepaper began by saying that its operator “does not guarantee the accuracy of or the conclusions reached in this white paper” and that it will “have no liability for damages of any kind arising out of the use, reference to, or reliance on this white paper or any of the content contained herein”. However, EOS seems to be doing very well.
According to Brave New Coin, its uniquely organised complicated ICO is raking in cash - it has so far raised 5,148,884.15 ETH, which is 5.2 percent of all ETH currently available.
The ICO is split into 23 hour-long sessions organised into multiple phases. The first phase of the sale began in Jue 2017, and raised $185 million within the first five days.
EOS has a market capitalisation of almost $7 billion according to coinmarketcap.com, with the majority of trading occurring on OKEX, Huobi, Bitfinex, Bithumb, and Binance.