The Currency Analytics
By Steven Anderson
The price of the EOS is trading above $2.500, and it will likely test $2.850. Immediate resistance is seen near the $2.720 level.
Centralization issues related misconduct about EOS is widely discussed in a November 28, 2019 tweet: “Six registered producers on EOS are managed by a single entity.
A counter-argument to the twitter read thus: “1T1DV and stake-time weighted voting via Dan's stake pools needs to be our top priority right now.
Block producers on the EOS network are similar to miners on the Proof of Work (PoW) or Proof of Stake (PoS) Protocol. The consensus mechanism in EOS makes a difference.
Dan Larimer of EOS has come up with a new resource allocation model, which is meant to combat the congestion on the EOS network.
When explaining his proposal, Larimer stated, “The single biggest complaint is that CPU is too expensive [and] that it is too unpredictable in terms of how much CPU bandwidth you…
The current proposal from Larimer is focused on discouraging speculative activity. The proposal ensures that 100% of the CPU to be leased from EOS by contract during all…
The REX was previously used to deal with congestion. There were a lot of failings with the REX; however, it continues to be operational.