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StrongBlock Software Aims To Make Ethereum More Secure

StrongBlock, the software created by Block.one developers that launched EOS, aims to make the Ethereum network more secure by rewarding people that operate full blockchain nodes as we are reading more in the latest crypto news. Strongblock tapped Chainlink’s decentralized price oracle technology to help it out and hopes to make DeFi on ETH more secure.  The team of former executives from the crypto startup Block.one which raised $4 billion in an ICO to launch eOS, today launched a new decentralized finance protocol which will change the way blockchain networks reward people who secure them. With a focus on DeFi,…

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EOS Nation Endorsed “1 Token 1 Vote” Solution For Voting Corruption

EOS Nation has chosen to implement the 1 token, 1 vote as a solution for block producer voting corruption as we are reading in today’s EOS news. The solution could solve vote corruption by redistributing voting power. It’s not clear whether 1 token 1 vote solution will be realized but Block.one started implementing the feature. EOS nation is now the leading block producer for EOS and announced the support for the “1 token, 1 vote” mechanisms which is designed to reduce voting malpractices on the blockchain. The CEO of EOS Nation, Yves La Rose, announced support for the blockchain via…

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EOS Founder Believes Gold Will Perform Fractionally As Bitcoin

The EOS Founder believes that gold will perform as well as Bitcoin which is only fractionally as they have both been pressing higher after the comments by the Federal Reserve chairman Jerome Powell last week as we reported in the EOS newsletter previously. Both assets increased by around 5% since the comments were made and some proponents believe that the gold will outperform any other asset in circulation due to the vast amount of monetary stimulus. Crypto proponents that are mostly focused on altcoins believe that bitcoin will outperform gold. According to Brendan Blumer, the co-founder of Block.one, Bitcoin will…

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Biggest EOS Block Explorer Blocks.io Got Acquired By Metal Pay

The biggest EOS block explorer Blocks.io got acquired by the blockchain-based payment platform Metal Pay as we are reading in our EOS newsletter today. Metal Pay acquired the biggest EOS block explorer and the binding letter for the acquisition were signed at the start of the week as the representatives explained. The final amount of the teal was not disclosed. Originally launched the simple block explorer for EOS, Bloks.io became a multi-purpose EOSIO platform that supports multiple networks such as Telos, Proton, WAX, and others. According to Metal Pay, Bloks.io had more than 10,000 daily active users at the time…

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EOS Price Starts Strong Rally, Breaking The $3.300 Resistance

The EOS price starts a strong rally after it surged by 10% and broke the $3.300 resistance zone against the US dollar. The new monthly high is formed close to the $3.871 and it seems like there are more chances for an upward movement again so let’s find out more in the upcoming EOS news today. The EOS price starts a strong rally, forming a support base above $3.000 rallying by 10% overnight. The price settled above the $3.500 pivot level and there was also a break above the key bearish trend line with a resistance close to the $3.200…

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EOS Ecosystem Dies: High Costs And Community Fragmentation

The EOS Ecosystem dies out slowly despite raising the $4.1 billion during its ICO. The blockchain was unable to unseat Ethereum and its shortcomings provide a strong case study on how money is not enough to buy crypto adoption so let’s find out more in the upcoming EOS news. EOS conducted one of the biggest ICOs in the world and attracted more than half of what was invested in 2017 all for good reasons. The network has enticing technology that outdoes Ethereum at scalability and its ease of development. EOS-based dapps don’t really ask the users to pay for transactions…

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EOS Fails To Spark Major Interest Due To Growth Metrics Stagnation

EOS fails to boost the investor’s interest because of the stagnation of the blockchain’s growth metrics which is about to change. EOS consolidated within the narrow trading range which was defined by the $3.1 resistance and $2.9 support level so let’s see more about the analysis in our EOS newsletter. The low levels of volatility forced the Bollinger Bands to get tight on the 4-hour charts indicating that a major price movement is upcoming. Moving past this resistance level could shoot the smart contract token to $4 while breaking below the support which could lead it to $2.3. Even though…

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