The Currency Analytics
By Maheen Hernandez
EOS Inflation down to 1%
EOS and Improved Transactions
Buying votes is how businesses work in EOS blockchain. The DPoS was initially subject to debate about its capability.
Genpool permits EOS holders to get paid to participate in governance. Brendan Blumer, the CEO of Block.One, supports vote-buying.
Joshua Gans, an economist, wrote, “There is no incentive to learn about whether someone is a trustworthy node operator and there is no 'payback' to being trustworthy.
Sydney Ifergan, the Crypto Expert, tweeted: "Whatever the democracy in the EOS world, it is good to see their inflation go down from 5% down to 1%.
Brendan Blumer tweeted: “Staking rewards are a powerful tool that can help further align incentives to grow and secure public networks long term.
Brenden further clarified #EOS is attacked by competitors and media outlets they own as EOS aligns network operators with token holders.
The EOS block reward is now halved down from 5% to 1%. This is indicative of the power of the decentralized governance network.
Brendan Blumer opined that the currently elected EOS BPs eliminate nearly 80% of the network inflation. They have burnt more than 100m USD in tokens.
The EOS network has been performing large numbers of transactions recently, and therefore an upgrade was required for the Coinbase integration with EOS software.
EOS can tailor fit to almost all industries, whether market places, social media, Finance, HealthCare, Government, or Supply Chain.