EOS

Alberta, Calgary, September 25th, 2024, Chainwire The EOS Network announces the successful completion of its landmark upgrade to Spring 1.0. This upgrade has introduced the Savanna consensus algorithm, marking a new era in performance, reliability and speed on the network. By enhancing transaction finality to 1 second, EOS has achieved a more than 100-fold improvement over previous iterations. This rapid advancement in speed, security, and scalability sets the stage for future cryptographic breakthroughs. This upgrade reflects the shared vision and…

EOS has successfully upgraded its network to Spring 1.0, introducing a host of performance enhancements and new capabilities. Chief among these is greater performance, reliability, and speed delivered thanks to the new Savanna consensus algorithm. The successful deployment of Spring 1.0 and the improved benchmarks it brings should support new use cases on EOS while enhancing user and developer experience. EOS Blooms as Spring Goes Live On September 25, EOS completed its hard fork which saw the network upgrade to…

The EOS RAM token has emerged as one of the best-performing digital assets in crypto, driven by a community decision to put a halt to the inflation of its supply.  The consequent supply shock has acted as a tremendous tailwind for RAM, catapulting it into official “moon” territory as one of the fastest-growing tokens in the entire crypto industry. Since the middle of February, when RAM’s inflationary mechanism was removed, its value has shot up by an astonishing 1.111.4%, from…

A meme-based GameFi project called KangaMoon (KANG) has just wrapped up its presale, achieving a remarkable 400% ROI. This crypto is currently trending after being listed on BitMart and Uniswap, with some even saying it is doing better than well-known cryptocurrencies such as Tron (TRX) or EOS (EOS). While these giants are trading in the green, many market analysts hint that KangaMoon has the potential to become the next $1 crypto in 2024. Keep on reading to find out why.…

EOS Network launches multi-million dollar staking rewards program.  Staking rewards will be halved every four years.  EOS Network Foundation, the major developer of the EOS blockchain, announced the launch of its staking rewards program aiming to disburse over 250 million $EOS tokens to stakers. The rewards program is part of the revamped tokenomics plan on the blockchain to enhance the adoption of the platform.  The new staking rewards program will distribute 85,600 EOS tokens every day (or 31 million tokens…

EOS Network launches $250M staking rewards program. The yearly yield rate of return (APY) that comes with this program is more than 60% for the first year. The EOS Network has recently announced the launch of a substantial staking rewards program worth $250 million as part of its updated tokenomics plan. The program will distribute 85,600 EOS per day to the stakers, which will be more than 31 million EOS per year. This new staking program has been developed in…

The new EOS staking program offers high-yield rewards and a simplified participation process. EOS Network’s revamped tokenomics and extended lock-up period ensure long-term network stability. The EOS Network just unveiled an interesting new staking program with high-yield rewards for crypto enthusiasts. With its July 8th launch, this project introduces 250 million EOS into the staking pool and offers participants significant rewards. Developed on updated EOS tokenomics, this scheme provides investors with a special chance to expand their holdings. Discover how…

The once magnificent EOS blockchain is plotting a major comeback through a network upgrade in July. The protocol is eyeing a major DeFi overhaul that will connect it with Bitcoin to drive its utility. The EOS blockchain, after years of stagnation, is set for a significant comeback in 2024, according to recent research by Messari. The network, which began its reinvention at the end of 2023, has already demonstrated notable revenue growth by the close of Q1. The drive signals…

Ethereum 2.0 continues to gain momentum with new developments on its smart contract network. Just six weeks after its beacon chain was launched, the number of validators has already exceeded 60,000. According to the analytical platform Beacon Chain, the total number of validators on the Ethereum 2.0 smart contract is 60,189. An additional 16,156 potential validators are waiting in the queue to be approved by the smart contract. This is remarkable and means that the beacon chain network launched on…