Amazing Crypto

Category: EOS

  • Weiss Ratings: China will never use Bitcoin, EOS is number one crypto

    Weiss Ratings: China will never use Bitcoin, EOS is number one crypto

    Weiss Crypto Ratings recently stated that China would never use Bitcoin. The comments come after the nation’s Center for Information and Industry Development published the latest edition of its crypto rankings index. The Global Blockchain Technology Assessment Index China’s President Xi Jinping recently revealed that he wants his country to “take the leading position in…

  • 4 Cryptocurrency Projects That Successfully Changed Chains

    4 Cryptocurrency Projects That Successfully Changed Chains

    Choosing the right blockchain is a tough call for any development team. It’s a decision that entails correctly anticipating project requirements – scalability; speed; community; security – before a line of code has even been written. It’s no wonder that a project occasionally finds its first choice of blockchain isn’t ‘the one,’ forcing it to…

  • Smart Contract Blockchains Are Struggling to Scale

    Smart Contract Blockchains Are Struggling to Scale

    Second generation blockchains were presented as being faster, cheaper, and more scalable than Bitcoin. Third generation chains (basically anything that came after Ethereum) promised even greater optimizations. In the event, these networks have run into the same difficulties as Bitcoin, with competition for scarce resources leading to mounting costs and congestion. To tackle these problems,…

  • Gambling and DeFi keep dapps afloat as transaction volume drops; Ethereum, EOS and Tron leading

    The transaction volume of dapps built on 6 main blockchains went down 40 percent in Q3 2019, while just 148 new dapps launched in the whole quarter. According to the report from Dapp Market, crypto gambling apps and DeFi accounted for the majority of the transaction volume, leaving many to wonder whether dapps have had…

  • Block.one debuts EOSIO 2 with improvements aimed at developers

    EOSIO 2, the second iteration of the EOS blockchain, was unveiled. Block.one, the company behind the blockchain, said that EOSIO 2 was built with developers in mind and will create a faster, simpler, and more secure environment to build on EOS. A new iteration of EOSIO is on its way EOSIO, an open-source blockchain protocol,…

  • EOS.IO phasing out free network resources after smart contract exploit

    Block.one is planning to phase out free network resources on EOSIO after the feature allowed an attacker to exploit a smart contract for 30,000 EOS. On the heels of v1.8, network’s first consensus hard fork upgrade, Block.one is moving block producers to eliminate free network resources. Currently, during times of low congestion surplus resources are…

  • Trading indicators show EOS, Cardano, and TRON dropping further

    Bitcoin recently took a nosedive, bringing the entire cryptocurrency market with it. Although some altcoins recovered from the recent drop, most—including EOS, Cardano, and TRON—remain in a bearish posture signaling a further decline. EOS EOS is one of the most prominent smart contract projects in the cryptocurrency industry. Born during the 2017 ICO mania the…

  • EOS.IO successfully upgrades to version 1.8 in first consensus hard fork

    EOSIO successfully implemented its first ever consensus hard fork in its v1.8 upgrade. The new version brings “major enhancements” to the blockchain in hopes of “paving the way for a more secure and scalable future.” Improvements to the EOSIO blockchain The version 1.8 upgrade focuses on allowing users to interact with the EOSIO blockchain more…

  • EOS, IOTA, and Chainlink showing mixed signals as Bitcoin consolidates

    Altcoins are still in the spotlight while Bitcoin continues consolidating. Right now the markets are choppy, giving mixed technical signals. Here is the outlook for EOS, IOTA, and Chainlink. EOS EOS went through a 36 percent rally that took its price from $3.11 to $4.24 in the last two weeks. Now, a number of technical…

  • Understanding the exploit that made EOS.IO “unusable” for two hours

    On Sept. 13, an attacker flooded the EOSIO network to drain $110,000 in EOS from a gambling dApp. During the process, many user-facing applications were unusable due to congestion. Here’s how the hacker did it, in detail. Basics of the network congestion exploit Four days ago, an attacker pushed the EOS network into “high congestion…