Crypto Trading

The EOS currency is trading at $ 8.38 at the moment, although it has not yet reached its initial stage and will continue for the next 12 months. EOS aims to become the new Bluchein cluster operating system, and to be faster and more capable than etherium. And allow users to create decentralized applications more effectively.

Why is EOS called the "direct competitor of etherium"? This question is answered by Dror Medallion, CEO of bitJob, a peer-to-peer market that makes it easy for students to search for jobs online:

"The software on which EOS is based enables the horizontal and vertical expansion of decentralized applications to be implemented, such as: verification, creation of personal accounts, provision of a database, enabling asynchronous communications and scheduling applications on a number of clusters and processing units Central. "

Medallion explains that while there are a number of networks using cluster-series technology such as etherium, EOS is slightly different. EOS focuses its efforts on solving the weaknesses in the cluster network, solving problems of expansion, speed, and flexibility. For a long time these problems have been the bottleneck that stifles the new technology systems that operate as a cluster system.

"One of the differences between EOS and Etherium lies in the mechanics of compatibility in the mass chain." While Etherium relies on the compatibility of proof of action (soon to be converted into a new hybrid system between proof of work and proof of quota), EOS is based on graphene technology that uses what is known There is a lot of technical problems that can be caused by compatibility models such as proof of work and proof of quota, but using EOS for the Mandel Leadership Model or Delegation model can overcome these problems. "

Conforte notes that the technology of the currency has not yet proved effective. It is also one of Etherium's strongest competitors, as it differs from all other competitors with its large funding and support from large-name companies both in the world of encrypted currencies and in the technology industry in general. Conforte is the CEO and co-founder of Syereo, a growing cluster technology company.

Partnership with Bancor

In June 2017, Pankor announced its entry into partnership with EOS. Bancor is a developer of the Bancor protocol that allows users to easily switch between different vectors, thus giving the series a large amount of liquidity. The EOS.IO application is released in June 2018.

At the moment, etherium is the only encrypted currency whose block chain contains the Bancor protocol. The partnership gives EOS a kind of superiority, while minimizing the unique features of etherium. Conforte says:

"Etherium has made a great effort to establish and expand its network around the world, while EOS pays for projects to enjoy its technological services, and some companies will have no choice but to support this new network, because some companies are already calling for it. Because if it is not, it will destroy all efforts to create a real and effective world with its decentralized infrastructure. "

EOS also differs in several aspects of design. Noam Koppel explains that both the design philosophy, the harmonic algorithm, and the economic model on which EOS depends are different from etherium. But also takes into account the primacy of etherium in market presence. Noam Koppel is CEO of DAV, says:

"One of the potential benefits of EOS is its platform-building, which gives it scalability, and the platform can handle a large volume of transactions at a faster speed and at a lower price, but Ethereum has an important feature missing from EOS: etherium is the largest network in terms of "We are still looking at whether EOS will be able to catch up with the growing efficiency of the etherium network and precede it before etherium shows its ability to solve the problem of expansion. . "

The IPO market is currently characterized by fear of FOMO and over-saturation

Medallion warns of the speed of new projects on the market. This speed exceeds the capacity of investors to absorb, and does not give them sufficient time to perform the necessary screening and investigation before entering a new project. The initial roll-out is increasing day by day. There is a growing sense of fear that investors are missing out on high prices for some projects, and there is plenty of talk about improvements. But Medallion says, despite all this, it is clear that EOS is different from other projects, it is a safe project for those wishing to invest in the currency, and explains:

"The new EOS strategy is based on a new strategy to extend the initial offering period for a full year, allowing the investors to have the time to look in depth at the currency before taking the final decision. They have higher incomes, and they will implement their vision. "

While encrypted currency enthusiasts know all about IPO issues, new investors are still unaware.

There are widespread concerns about investing in newly introduced currencies, without a real understanding of the technology that operates these currencies. Bitcoin.com released survey results showing that 50% of the currency auctions offered failed in 2017 to the public in 2017. The EOS technology, and its new sales strategy, may show a new paradigm in the world of alternative coded currencies.