Points in Time
EOS at $2.94 on Oct 1, 2019
The Securities and Exchange Commission #SEC announced on Monday that they have reached a $24M settlement with #BlockOne the blockchain development company behind EOS for conducting an unregistered Initial Coin Offering #ICO. www.theblockcrypto.com/...d-ico
The Securities and Exchange Commission (SEC) announced on Monday that it has settled charges against blockchain builder Block.one for conducting an unregistered initial coin offering (ICO)...
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.
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That's all we got for #EOS
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.