Points in Time
EOS at $4.19 on Apr 1, 2019
Interestingly,#BitHumb was hacked and a reported $4.2 million worth of #EOS, that about 3 Million EOS coins and a further 20 million #XRP coins, stolen. This was the second time in 12 short months and well, the explanation was bogus!! said it was " accident involving insiders."You heard that right!! $4.2 million in an accident! Well, here's what you should do to protect yourself: ethereumworldnews.com/...igns/
Hacks, fake volumes, scam and con artists are all over this unregulated space. If any of these signs show, then it’s time to take off and move your funds elsewhere.
Overview of EOS
EOS was introduced as an ICO on June 26, 2017 and takes over 341 days with token started releasing on 3 July 2017. EOS is a consensus blockchain operating system that provides databases, account permissions, scheduling, authentication, and internet-application communication to massively improve the efficiency of smart business development. It uses proof of stake system to create new coins. It has a block creation time of 3 seconds in average and block size of 5 MB. EOS will have up to 5% annual inflation to reward block producers and DAPPS. EOS does not have transaction fees for end-users. Using the technology of vertical and horizontal scaling, EOS is expected to scale to millions of transactions per second.