EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)

[gribble]

A look into eosfinex.

The eosfinex team released a new article that goes through the eosfinex architecture. Eosfinex is the industry’s first fully on-chain, fully transparent and scalable exchange built with EOSIO.

Eosfinex is composed of the following components:
 - Order books
 - Order matching
 - Custody and settlement

The exchange contract will initially run on a sidechain using EOX as the system token. Customers can interface with the exchange directly through the EOS blockchain, or by using a custom eosfinex nodeos plugin. Token transfers between the sidechain and main chain will be synchronized using two gateway contracts — one on each chain.

Future developments may include the increase in the number of sidechain BPs and/or launching on the EOS mainnet, along with margin capabilities.

The beta will operate as a ‘Paper Trade’ environment, providing users with the chance to experiment with eosfinex in a simulated ecosystem whilst earning rewards through providing platform feedback.

Read more: https://medium.com/eosfinexproject/the-evolution-of-eosfinex-3221d8c7b35

​Mike Novogratz comments about Block.One and EOS.

During the Anthony Pompliano's podcast on periscope, Mike Novogratz was asked: "What's the most important company in Crypto?". This is what he replied regarding Block.One and EOSIO.

"Block.One is interesting, [...] they've got a lot of cool things coming in June/July. You are going to see announcements that I think are going to be exciting in the space.

We are still early in this space (crypto), EOS has taken this very fast transaction speed[…] I (also) think these companies that are investing a lot in developers and in developing communities are the essentials in a lot of ways for space." [01:06:00]

For the full episode: https://www.pscp.tv/w/1eaKbOgeqanGX

REX Update #3 - RC3 testing done.

The EOS Authority team concluded the testing for the latest REX Release Candidate #3. According to the team, the Release candidate 3 was the most stable version of REX so far, and it was the first time they didn't run into any type of issue.

"The next version release by B1 could be the actual version of REX we deploy on the EOS Mainnet and we are excited about it."

The next Release candidate #4 should be release by Block.One very soon, approximately in 11 days. EOS Authority is ready to perform further testings of the code!


Track REX progress: https://eosauthority.com/rex/
Read more: https://eosauthority.com/blog/REX_update_3_review_and_progress

China 11th Crypto Ranking, EOS is still first.

The CCID Research Institute of the Ministry of Industry and Information Technology of China published the 11th Global Public Chain Technology Evaluation Index.

According to the results, EOS remains in the first position, while Tron came in second, after overtaking Ethereum (3rd position).

Honorable mentions goes to:
 - Bitcoin: 15th position (-2)
 - NEO: 9th position (+1)
 - Steem: 10th position (-1)
 - Stellar: 13th position (+2)
 - Ripple: 18th position (+2)
 - IOTA: 24th position (-1)
 - Cardano: 25th position (-3)

Check the full index: http://ccidnet.com/2019/0322/10463928.shtml

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[zahidmoon]

A look into eosfinex.

The eosfinex team released a new article that goes through the eosfinex architecture. Eosfinex is the industry’s first fully on-chain, fully transparent and scalable exchange built with EOSIO.

Eosfinex is composed of the following components:
 - Order books
 - Order matching
 - Custody and settlement

The exchange contract will initially run on a sidechain using EOX as the system token. Customers can interface with the exchange directly through the EOS blockchain, or by using a custom eosfinex nodeos plugin. Token transfers between the sidechain and main chain will be synchronized using two gateway contracts — one on each chain.

Future developments may include the increase in the number of sidechain BPs and/or launching on the EOS mainnet, along with margin capabilities.

The beta will operate as a ‘Paper Trade’ environment, providing users with the chance to experiment with eosfinex in a simulated ecosystem whilst earning rewards through providing platform feedback.

Read more: https://medium.com/eosfinexproject/the-evolution-of-eosfinex-3221d8c7b35

​Mike Novogratz comments about Block.One and EOS.

During the Anthony Pompliano's podcast on periscope, Mike Novogratz was asked: "What's the most important company in Crypto?". This is what he replied regarding Block.One and EOSIO.

"Block.One is interesting, [...] they've got a lot of cool things coming in June/July. You are going to see announcements that I think are going to be exciting in the space.

We are still early in this space (crypto), EOS has taken this very fast transaction speed[…] I (also) think these companies that are investing a lot in developers and in developing communities are the essentials in a lot of ways for space." [01:06:00]

For the full episode: https://www.pscp.tv/w/1eaKbOgeqanGX

REX Update #3 - RC3 testing done.

The EOS Authority team concluded the testing for the latest REX Release Candidate #3. According to the team, the Release candidate 3 was the most stable version of REX so far, and it was the first time they didn't run into any type of issue.

"The next version release by B1 could be the actual version of REX we deploy on the EOS Mainnet and we are excited about it."

The next Release candidate #4 should be release by Block.One very soon, approximately in 11 days. EOS Authority is ready to perform further testings of the code!


Track REX progress: https://eosauthority.com/rex/
Read more: https://eosauthority.com/blog/REX_update_3_review_and_progress

China 11th Crypto Ranking, EOS is still first.

The CCID Research Institute of the Ministry of Industry and Information Technology of China published the 11th Global Public Chain Technology Evaluation Index.

According to the results, EOS remains in the first position, while Tron came in second, after overtaking Ethereum (3rd position).

Honorable mentions goes to:
 - Bitcoin: 15th position (-2)
 - NEO: 9th position (+1)
 - Steem: 10th position (-1)
 - Stellar: 13th position (+2)
 - Ripple: 18th position (+2)
 - IOTA: 24th position (-1)
 - Cardano: 25th position (-3)

Check the full index: http://ccidnet.com/2019/0322/10463928.shtml

yes EOS is still first by the developments and project based but about the price EOS is still under value by my point of view and its marketcap is rising but slowly. well according to the coinmarketcap eos ranked on 6th place by price and marketcap.

[Decksperiment]

EOS posted one of the biggest gainers among top 10 cryptocurrency today as per data on Coinmarketcap - https://coinmarketcap.com/currencies/eos/ . I think a bullish trend is forming right now!

[mrdeposit]

EOS posted one of the biggest gainers among top 10 cryptocurrency today as per data on Coinmarketcap - https://coinmarketcap.com/currencies/eos/ . I think a bullish trend is forming right now!

Maybe bullish signs will show itself in market but, expecting something big in bear market is not good idea.Hope EOS will keep its gains and will not give back all profits tomorrow.

[JohnMacZeppelin]

Frankly speaking, I still don’t understand some points regarding EOS, it seems to me that it is necessary to work on the infrastructure of this project so that it would be easier for people to work with EOS.

[CryptosAnalist]

Frankly speaking, I still don’t understand some points regarding EOS, it seems to me that it is necessary to work on the infrastructure of this project so that it would be easier for people to work with EOS.

Hello i think you must read it to getting more knowledge about the EOS here is
4 Reasons why you should not ignore EOS.

The Infinite X Labs shared an article on Medium with a short list of the 4 most important reasons why you should not ignore EOS. Infinite X Labs is a blockchain outsourcing company specialized in blockchain development and solution for businesses. These four reasons presented in the article, are the result of their understanding what the business needs, combined with their extensive background in development for various blockchains, including EOS and Ethereum.

1. EOS can provide what businesses and end-users want
2. EOS is developing faster than ever
3. EOS is making history in blockchain every day
4. Closer to mass adoption than you think

Be sure to read more at: https://medium.com/infinitexlabs/4-reasons-why-you-should-not-ignore-eos-41ad83130749

[Last of the V8s]

https://twitter.com/eosfinexproject/status/1111304085008011264
madness. do your own research

[etherclassic]

EOSIO.contracts Version 1.6.0 REX

A stable release is available for EOSIO.contracts.

Main Points:
- Allocation of Network Resources through an Exchange
- Channelling System Fees to REX
- Deploying REX in your Environment
- Adjusting the REX Pool Virtual Balance

Full Article: https://medium.com/eosio/eosio-contracts-version-1-6-0-9795101c7abd

[CoinCodex]

EOS advanced higher after a slow upward move, read more in this TA:

https://coincodex.com/article/3317/eos-price-analysis-eos-breaks-out-from-tight-range/

[Decksperiment]

Frankly speaking, I still don’t understand some points regarding EOS, it seems to me that it is necessary to work on the infrastructure of this project so that it would be easier for people to work with EOS.

Hello i think you must read it to getting more knowledge about the EOS here is
4 Reasons why you should not ignore EOS.

The Infinite X Labs shared an article on Medium with a short list of the 4 most important reasons why you should not ignore EOS. Infinite X Labs is a blockchain outsourcing company specialized in blockchain development and solution for businesses. These four reasons presented in the article, are the result of their understanding what the business needs, combined with their extensive background in development for various blockchains, including EOS and Ethereum.

1. EOS can provide what businesses and end-users want
2. EOS is developing faster than ever
3. EOS is making history in blockchain every day
4. Closer to mass adoption than you think

Be sure to read more at: https://medium.com/infinitexlabs/4-reasons-why-you-should-not-ignore-eos-41ad83130749

Surely one of the best developed projects out there, no one can deny EOS's enormous potential to be one of the leading blockchain platform in the industry but also, it needs more and continuous adoption to be able to sustain itself.

[IPVPIRL]

EOS posted one of the biggest gainers among top 10 cryptocurrency today as per data on Coinmarketcap - https://coinmarketcap.com/currencies/eos/ . I think a bullish trend is forming right now!

Maybe bullish signs will show itself in market but, expecting something big in bear market is not good idea.Hope EOS will keep its gains and will not give back all profits tomorrow.

Sadly it will probably begin to slide again.

[Decksperiment]

EOS posted one of the biggest gainers among top 10 cryptocurrency today as per data on Coinmarketcap - https://coinmarketcap.com/currencies/eos/ . I think a bullish trend is forming right now!

Maybe bullish signs will show itself in market but, expecting something big in bear market is not good idea.Hope EOS will keep its gains and will not give back all profits tomorrow.

Sadly it will probably begin to slide again.

That would be less likely to happen and if we could only base an assumption on the entire crypto market trends then we can deduce a positive outlook towards most cryptos especially with EOS platform.

[CryptosAnalist]

Frankly speaking, I still don’t understand some points regarding EOS, it seems to me that it is necessary to work on the infrastructure of this project so that it would be easier for people to work with EOS.

Hello i think you must read it to getting more knowledge about the EOS here is
4 Reasons why you should not ignore EOS.

The Infinite X Labs shared an article on Medium with a short list of the 4 most important reasons why you should not ignore EOS. Infinite X Labs is a blockchain outsourcing company specialized in blockchain development and solution for businesses. These four reasons presented in the article, are the result of their understanding what the business needs, combined with their extensive background in development for various blockchains, including EOS and Ethereum.

1. EOS can provide what businesses and end-users want
2. EOS is developing faster than ever
3. EOS is making history in blockchain every day
4. Closer to mass adoption than you think

Be sure to read more at: https://medium.com/infinitexlabs/4-reasons-why-you-should-not-ignore-eos-41ad83130749

Surely one of the best developed projects out there, no one can deny EOS's enormous potential to be one of the leading blockchain platform in the industry but also, it needs more and continuous adoption to be able to sustain itself.

Yes the development of EOS continue mass addoption for decentralize application dapps on EOS blockchain based on the latest update on their telegram channel on EOS Go - Community Updates
EOS Blockchain Community
https://t.me/eosgo_news
It is nice source of information related with the EOS blockchain for all of community.

[serhanni]

Lots of EOS has been stolen from dragonex (23 March 2019) and bithumb's hot wallet (today).

[MaoChao]

"Zack and Rob share news of EOSFinex launching before diving deep down the rabbit hole into the political connections between Block.One in Washington, DC"
#B1June
https://youtu.be/xahy4vYR544

[estenity]

Lots of EOS has been stolen from dragonex (23 March 2019) and bithumb's hot wallet (today).

Yesterday was hacked rich EOS coin address of Bithumb, the reason appears to be due to the fact
that the EOS addresses are short, with only 12 characters, and rich adresses list available to the public.

this being added to centralization, reversibility/cancellation of transactions, rules changed after ICO, etc..

another problem among many with this currency where people have invested a lot of money.
for me it is the reason why price does not fall lower, in spite of imperfections and problems.

[serhanni]

Lots of EOS has been stolen from dragonex (23 March 2019) and bithumb's hot wallet (today).

Yesterday was hacked rich EOS coin address of Bithumb, the reason appears to be due to the fact
that the EOS addresses are short, with only 12 characters, and rich adresses list available to the public.

this being added to centralization, reversibility/cancellation of transactions, rules changed after ICO, etc..

another problem among many with this currency where people have invested a lot of money.
for me it is the reason why price does not fall lower, in spite of imperfections and problems.

Actually, entry point to EOS ecosystem is hard a little bit for an unexperienced user like me. When they solved this problem, it will get more success... Do you think those hacks because of character lenght?

[dautay_crypto]

The total amount of hack is not too large to be panic.
Bithumb will come back, and compensate fine for their users certainly.
Don't worry too much about Bithumb, but I agreed that EOS team should reconsider about their security mechanism.

Yesterday was hacked rich EOS coin address of Bithumb, the reason appears to be due to the fact
that the EOS addresses are short, with only 12 characters, and rich adresses list available to the public.

Just wait and please calm down.
I believe that eventually the EOS team will find out the way to solve it and prevent same issues in the future.

Actually, entry point to EOS ecosystem is hard a little bit for an experienced user like me. When they solved this problem, it will get more success... Do you think those hacks because of character lenght?

[Decksperiment]

The total amount of hack is not too large to be panic.
Bithumb will come back, and compensate fine for their users certainly.
Don't worry too much about Bithumb, but I agreed that EOS team should reconsider about their security mechanism.

Yesterday was hacked rich EOS coin address of Bithumb, the reason appears to be due to the fact
that the EOS addresses are short, with only 12 characters, and rich adresses list available to the public.

Just wait and please calm down.
I believe that eventually the EOS team will find out the way to solve it and prevent same issues in the future.

Actually, entry point to EOS ecosystem is hard a little bit for an experienced user like me. When they solved this problem, it will get more success... Do you think those hacks because of character lenght?

The hack was not due to EOS platform's weakness but because of an "insider job" on hot wallets from people working on Bithumb as per news report - https://www.ccn.com/newsflash-bithumb-hacked-again-13-million-in-eos-20-million-xrp-on-the-move .

[Melo20]

Whenever someone talks about smart contracts, Ethereum is inevitably brought up. Ethereum is immensely popular because of their implementation of smart contracts. However EOS is approaching this differently with asynchronous smart contracts (ASCs). ASCs are something else entirely. Blockchain technology relies on sequential transaction processing, which causes delays and can render the technology inefficient.

The throughput of a blockchain using sequential processing of transactions is limited to the computational capacity of a single CPU core. Using CPUs with more powerful cores can address some concerns, but it is not a long-term solution. Instead, we need to pursue concepts which allow for horizontal scaling, rather than vertical scaling. This is much easier said than done, but ASCs present an interesting opportunity to achieve it.