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Here’s How EOS (EOS) Really Could Kill Ethereum (ETH)



EIS vs Ethereum

When markets started billing EOS (EOS) as an Ethereum (ETH) killer, only a handful of people took the suggestion seriously. Since the end of October, however, EOS has risen more than 1600% and traders and investors, as well as the blockchain development community, are now being forced to take a serious look at what EOS is and what it brings to the table in this nascent sector.

We took a look at what’s going on behind the scenes in an attempt to figure out whether this technology really could outpace Ethereum longer-term and, in short, we think it can.

Here is why.

The biggest problem right now with the infrastructure that supports decentralized applications is scalability. Bitcoin was able to demonstrate the real-world viability of a proof of work mechanism in the public ledger. Ethereum then took that one step further and proved the demand for generalized smart contracts.

EOS Daily Chart

EOS Daily Chart

On a number of occasions, however, and as is likely to be increasingly the case, the Ethereum network has become choked as it maxes out its transactions per second limit.

EOS is trying to build (and, in turn, to be) what amounts to the next step in this space – a platform that can work in essentially the same way that the Ethereum platform does but that can do so on an enterprise scale.

If the company can deliver this, it’s going to be a game changer.

So how is EOS going about it?

The EOS platform is designed to allow for the processing of information in parallel across multiple cores, as opposed to restricting it as a single thread (which is what happens with Ethereum). There are also a number of other key differences between legacy platforms and EOS, including the separation of read and write actions, private and public blockchain communication capabilities, usernames as opposed to long number addresses and – importantly – the ability to fix issues with consensus as opposed to using a hard fork.

Asll of these come together to allow for what amounts to a streamlining of the technological processes that underpin Ethereum without (the hope is) restricting functionality.

The problem with the subsystem, many will say, is that it’s moving more towards centralization and away from the decentralization feature that makes Ethereum so attractive.

That’s reasonable, but the reality is that the enterprise entities that are going to be adopting this sort of thing aren’t going to be reliant on public blockchains alone. Nobody really expects that. They’re going to be using some degree of internal and private blockchain connected with (in many cases) a public blockchain.

And under this sort of use case, EOS becomes the perfect solution.

That is, of course, if it can be developed effectively. It’s still in its nascent stages right now and the company’s ICO won’t complete until mid next year. This brings with it a degree of risk based on the fact that there is no guarantee that the company can execute against its strategic roadmap.

With that said, however, EOS has an incredibly strong leadership team and if there is a group of people that are likely to be able to achieve something on the scale that EOS is trying to achieve it, it’s this one.

Basically, it comes down to this – there needs to be a major step forward in blockchain technology before global enterprise can adopt it on the scale that is required to truly make this a game-changing shift in the way sectors and industries operate. One company of a handful is going to be the one that manages to achieve this step forward and the one that does is going to be the coin that returns reward to the scale that we have seen bitcoin and Ethereum return over the last couple of years

Of this handful, EOS looks to be one of, if not the, plays that we see as having the best chance of success.

We will be updating our subscribers as soon as we know more. For the latest on EOS, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of EOS


Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC




The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



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

Xeno Holdings Limited ( ), 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 ( ), 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. One of the ways to have a successful trading…

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Wisebitcoin Launches Professional-Grade Crypto Exchange



Infrastructure is developing rapidly in the cryptocurrency industry, but the recent launch of the Wisebitcoin cryptocurrency exchange is nonetheless significant in terms of the immediate value it provides to cryptocurrency users. That’s because the exchange has had a beta version available since 2018 while continuing further developments in stealth mode, and already serves over 1.2 million end users with $6+ billion in 24 hour trading volume at the time of its official launch.

In addition to the large user base and deep liquidity, Wisebitcoin also stands out by offering up to 100x leverage to margin traders, with the ability to open a long or short position in their futures market. In the current bullish environment, leverage is a key way that experienced traders increase their exposure and try to profit from volatility.

For example, if a user opened a long position on ETH on January 2nd at a price of $750, they could have greatly multiplied their profits with even a small amount of leverage such as 5x as ETH reached over $1,100 within 48 hours. A simple unleveraged position would have netted $350 in profit, but a 5x position would have netted $1,750 and a 100x leveraged position would have netted an incredible $35,000 in profits from an initial investment of just $750. 

Beyond leverage, Wisebitcoin additionally offers a simple and…

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