2020-2-26 17:03 |
EOS network’s inflation was voted to be reduced by 80%, announced Brendan Blumer, CEO of Block. One, the company behind EOS on Feb 25. With this cut-down, its inflation rate has gone down from 5% to 1%.
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As some of our regular readers may be aware of, a lot of people within the EOS community are currently divided in their opinions regarding the platform’s Worker Proposal System [WPS]. However, before we get into all that, it is worth pointing out that the EOS platform self creates an inflation bubble of around 5% […]
2019-6-29 19:13 | |
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Many in the community have argued about the Worker Proposal System [WPS]. The EOS system creates inflation of 5% every year, out of which 1% is dedicated to Block Producers and the remaining 4% is directed to the Worker Proposal Fund [WPF] which is intended to be a “source of funding for community-driven ideas” that would develop […] The post EOS: Community votes on whether lack of Worker Proposal would lead to brain drain of talent in ecosystem appeared first on AMBCrypto.
2019-6-29 01:30 | |
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According to an online poll result released on June 1, 2019, statistics show that EOS account holders have voted in favor of a massive slash in the annual inflation rate, from five to one percent. The poll comes as a result of the excess inflation rate accumulated over time on the platform’s account.
2019-6-4 15:00 | |
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Coin holders voted on whether to reduce the EOS inflation rate from 5% to 1% per year
2019-6-3 07:02 | |
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Over 34 million EOS worth $167 million was permanently removed from circulation. The move is part of an initiative to drastically lower the inflation rate on the protocol from 5 to 1 percent. On July 31, 2018, 15 or more of EOS’s 21 block producers passed an initiative to burn $167 million EOS sitting idle […] The post EOS votes to burn $167 million in tokens in preparation for drastically reducing inflation appeared first on CryptoSlate.
2019-5-9 10:33 | |
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EOS Network To Reduce Inflation Rate From 5 % To 1% EOS, a blockchain-based, decentralized system that enables the development and hosting of decentralized applications (dApps), is considering reducing its present inflation rate from 5% down to 1%, to reduce the accumulation of unnecessary tokens in the protocol’s savings account. EOS authority, that deals professionally […]
2019-5-7 21:39 | |
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EOS is considering dropping its current 5 percent inflation rate all the way down to 1 percent in order to avoid unnecessary funds being accumulated in the network’s savings account. EOS holders are currently participating in an official poll to decide on the matter, with all participants voting in favor of the drop.
2019-5-7 23:15 | |
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Recently a proposal seeking to change the EOS annual rate of inflation from 5 percent to 1 percent has been made in March. Till now, 17,646,682 EOS have voted and every single one of them has been a “Yes”.
2019-5-6 18:06 | |
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The EOS community is pressing for the cryptocurrency’s annual inflation rate to be reduced. Right now, EOS experiences a yearly inflation rate of 5%, which could rapidly devalue the token.
2019-5-6 17:42 | |
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No cryptocurrency is perfect, not even bitcoin. Block. one Co-Founder and CEO Brendan Blumer is preying on the weaknesses of the biggest crypto seemingly to make his company’s own coin, EOS, look good.
2019-4-9 11:19 | |
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Brendan Blumer, one of the executives behind EOS, criticized Bitcoin’s slow transaction times, low transactions per second, and high costs per transaction (when inflation is considered). Brendan Blumer, the 32-year-old CEO of Block.
2019-4-8 23:39 | |
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Whether or not a bullish rally is emerging, Dash and EOS are not waiting for another moment to be certain, instead, these two altcoins have decided to take advantage of the moment and outperform with massive gains.
2018-12-10 22:23 | |
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The EOS network is logging an impressive number of transactions, but there are indications of spam or artificial transaction inflation.
2018-12-3 12:35 | |
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Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.
2018-7-21 23:03 | |
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EOS founder Daniel Larimer is now calling to reshape the EOS brand and turn to the latest hot trend in the crypto market, decentralized autonomous organization (DAO). “It's time to rebrand EOS and have a renewed vision and purpose that can motivate community engagement and investment in growth,” he said in a Telegram channel.
While EOS price is seeing a 10% jump from the news today, the token is down 82. 6% from its all-time high of $22. 7 three years back in 2018 and failed to reach its peak even in 2021, where crypto prices soared to new heights and made crypto over a $2.
Block. one has made a $27. 5 million settlement to resolve the class-action lawsuit launched by the Crypto Assets Opportunity Fund. The lawsuit was related to the company’s token sale that took place between June 2017 and June 2018, in which it raised the biggest ever initial coin offering (ICO) funding of $4 billion and various subsequent […] The post Block.
The serial founder, known for quitting the projects, now wants to build Clarion — “a logically decentralized communication platform to replace centralized services (email, Twitter, Facebook, YouTube, medium).
Larimer ensures that he is not going anywhere and will continue to build more products. EOS was his third project after Bitshares and Steem. The post “With Change Comes Opportunity,” says Block.
Block. one, the developer platform behind the EOS network, has launched an Enterprise-grade blockchain solution called EOSIO for Business. The new enterprise platform would allow businesses to leverage their offering on the decentralized tech.
In an official statement online, Google confirmed they would join the EOS community and participate as one of the blockchain's 21 block producers. EOS, built by the Block. one development team, is a blockchain platform that allows 21 block producers (BP) who verify the transactions.