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EOS (EOS) Releases Dawn 4.0 While Waiting for the Official Main Net Launch

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EOS

EOS has been sky-rocketing for the past few weeks as this currency managed to take over Litecoin’s long-held spot as the fifth-best currency on the global coin ranking list. Thanks to the increase of its market capitalization, EOS was able to climb up to becoming one of the top 5 coins on the global level. Further, from that point on, EOS has also released EOS Dawn 3.0, in form of a test net and pretty soon EOS Dawn 4.0 will be released for users. Let’s see how well EOS has been doing these days as well as find out more about the upcoming main net launching.

EOS and Dawn 4.0 Release

Approximately a month ago, somewhere at the beginning of April, the team behind EOS has released Dawn 3.0, which was a test net for the upcoming EOSIO main net that should be launched officially any time now.

The users have been able to test the release of Dawn 3.0 for more than 30 days, and now that Dawn 4.0 has also been launched, all EOS holders will be able to gain the access to the contents of the newly improved network.

Dawn 4.0 as released a couple of days ago, on May 4th, when it was officially announced that although the latest version of the network is released, there are some improvements that the team is working on, that are yet to be released with the officially launched main net.

The launching of the EOSIO main net is scheduled for May 11th, which is only a couple of days away at the time of this writing.

In the spirit of expecting the main net launching, EOS is also trading in the green on May 7th, even though the market trend seems to be a bit sluggish at the current time.

With the release of Dawn 4.0, the team behind this platform also stated that the team has been working on the released improvements for an entire past month. They have further added, as available on Medium, that without the initial merges in the system, contributors have pushed over 800 commits with over 40 authors participating in this venture, that way making EOS one of the top 10 most active projects in the area of working with C ++. Specifically, EOS is holding the 8th spot on Github in the category of the most actively programmed with the latest measurements.

It is also stated that the team was mostly working on integrating inter-blockchain communication, so during the course of a month, they have been mostly working on finding a protocol that would enable inter-blockchain communication.

Some of the enabled features that have been added as updates with the release of Dawn 4.0 are Now is now Now, which is a concept that allows the system to measure the time for smart contracts accurately, new Allocation Model, new additions for smart contract developers, more developed inter blockchain communication and more.

Even though there are lots of changes to be tried out as we are waiting for the May 11th, the team is still working on improvements that would be additionally added to the system and released for public use on the mentioned date.

How is EOS doing at the Current Moment?

Even though the latest trend in the market is dictating extensive drops among the majority of cryptocurrencies for more than 48 hours now, EOS seems to be doing pretty fine while trading in the green, probably pushed up against the market trend due to a fact that the EOS team has just released Dawn 4.0.

With expecting the final date for the main net launching where Dawn 4.0 will be officially launched with all the latest updates the team is still working on, EOS is rising up while waiting for May 11th.

In the spirit of great euphoria, EOS is trending up while trading in the green against the dollar with the latest rise of 2.25% against the dollar.

In addition to rising against the dollar, EOS is also going up in oppose to BTC and ETH.

This currency is trading in the green against Bitcoin with the latest rise of 5.05%, while it is going up in oppose to Ethereum for over 10%, which means that EOS is doing far better than the first two coins on the list, in the current moment that is.

With the latest set of gains, EOS can be purchased at the price of 17.76$ per one token, which means that EOS is getting closer to its latest all-time high of around 21$ per one unit, as set during the last week on April 29th.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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