EOS, the currency for developers has a bright future
Today we bring you the case of a cryptocurrency that is showing a remarkable increase, behaving similar to the beginnings of Ether, is the case of EOS. From the middle of the month of April until today the growth of this currency has been sustained, presenting high expectations for investors.
About the Currency
To understand the current situation of the currency, we must know about this, starting with the company that created it, being block.one, focused on helping other companies to implement the Blockchain technology in their functions.
Its objective is to fully decentralize digital markets, with technology being the engine of change. The reason why they do it is that they want to reduce the gap between dreams and reality, turning the promises of the blockchain into potential, not only potential.
To achieve their objective they developed EOS, being the currency of a decentralized operating system based on blockchain, designed to support decentralized applications on a commercial scale by providing all the necessary basic functionalities (including databases, accounts with permits, programming, authentication and management of communication between the application and the Internet), allowing developers to focus on their own particular business logic.
The operating system is called EOS.IO, being a software that allows companies to create blockchain applications that resemble existing applications based on the web, using an architecture similar to the website frameworks.
EOS is currently hovering around US $ 20, when it was close to US $ 1.00 at the beginning of the year. CoinMarketCap analysts explain that this growth has similar characteristics to the beginnings of Ethereum. When performing the analysis, they conclude that its growth has an intense and direct relationship with the confidence of the users, based on the recent improvements of the currency.
There are two changes that have influenced this growth, determined as the most impressive in their value according to CryptoGazzete.
EOS Dawn 4.0 is here
The new version brings a lot of stability to EOSIO software, which now sees a relatively cleaner perspective compared to previous versions. The development changes carried out in Dawn 4.0 focused on moving EOS to a proof of concept for communication between blocks.
In the report published by EOS.io, 10 important new additions and additions are included. However, EOSIO Dawn 4.0 is still in final development on Github. Dawn 4.0 will be officially released with a more polished interface on May 11, 2018.
EOS obtains new exchange list in May
EOS already has enough momentum for its launch of MainNet, which is only 28 days away. EOS obtained a new listing from the exchange house, Cryptopia, which announced its intention to expand its services by introducing more digital assets into its platform.
EOS (EOS token) is now open to operate in Cryptopia on three trading pairs, EOS / BTC, EOS / LTC and EOS / DOGE. Cryptopia is a fast growing exchange platform, therefore, the need to integrate more cryptocurrencies to satisfy even more users. For EOS, this means a greater volume of negotiation that could help the value of the token.
Future projections
The SmartEthereum analysts were in charge of making a report with their predictions for this 2018 on EOS, concluding that:
Currently, it is priced at around US $ 18. The forecast for the end of calendar year 2018 is around US $ 37. Similarly, the five-year forecast is around US $ 143. Therefore, the The total amount of appreciation that can be achieved is actually quite large.
Its prediction is based on the nature of the currency and the platform itself, being this scalable. It is easier for companies to use this platform to create several applications. With the help of parallel execution, it is easy for the company to execute multiple decentralized applications.
With the help of multiple decentralized applications, the need for the company's IT infrastructure is reduced. This is the reason why the platform expects more and more business-level clients. In fact, if it becomes the platform chosen by business-level customers, the appreciation in the token will be enormous.
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