EOS (EOS)
Latest News
Even given EOS account schema’s drawbacks, it’s safe to say that this is a unique and quite promising approach. See how it differs from other concepts and what potential it holds in this guest post.
One of the most popular decentralized applications on Ethereum, Bancor, will launch BancorX on EOS to offer fast and free trading.
The latest ETH price drop is the result of a market-wide correction as all the top twenty altcoins lost nearly 5-10%, taking overall market cap below $200 billion.
The price is forming the last part of the “W” pattern which connotes the possibility of the price increases toward the resistance level of $6.8 and there is a possibility for a breakout.
Price is currently hovering within the boundaries of the resistance level at $6.8 and the support level at $4.1. It would take a strong directional movement for the price to leave the boundaries.
Block producers EOS New York has proposed cutting down on RAM required to open new accounts thereby cutting costs by 25%.
While cryptos are becoming replaced by new cryptographic platforms boasting broader functionalities, emergence of technology based projects, which go far beyond the creation of simple payment means, changes direction of blockchain development.
