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10 November 2019 - EOS/USD – 5 minutes

In this 5-minute chart of EOS/ United States dollar (EOS/USD), there is a depreciation from 3.55 to 3.45. Another range we can see is the appreciation from the 3.450 level to the 3.498 level. We can see the price depreciated to and tested the 3.349 level (identified by the blue up arrow), with the 3.435 area representing the 50.0% retracement of that range. We can see that price activity then appreciated and tested the 3.464 level (identified by the first red down arrow), right around the 61.8% retracement of the depreciating range. We can also see that price activity continued...

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China’s Latest Crypto Rankings See EOS On Top With Bitcoin Lagging Behind...

The CCID (China’s Centre for Information and Industry Development) recently published a new list of its crypto ranking index. This is a move that follows the announcement from the nation’s president, Xi Jinping who is planning to embrace blockchain technology as a way of innovation.  The Chinese Centre is a research organisation that looks over the development of information industries in the country. Furthermore, it functions under the oversight of the nation’s Ministry of Industry and Information Technology. The institution creates a bridge between companies and the government. They will also provide them with research, certification and a variety of...

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Lumi Wallet EOS Digest #6 – Succesful Upgrade, Block.one in U.S. and Hot Discussions

Milestone Reached Welcome to Lumi Wallet’s Digest on all things EOS. In this issue, we will focus mostly on developments surrounding different companies, from the ones building on EOSIO to the one building EOSIO itself. Block.one had a lot of things going on this September, from settlements with the U.S. government to its long-anticipated v. 1.8 update finally rolling out. Other developers have been at it as well, opening doors with new releases and drawing attention with announcements. News Bulletin Ivan On Tech, one of the most popular crypto influencers on youtube, announced a new project called EOS Blockchain Tutorial...

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LiquidApps Makes it Checkmate for Costly EOS Computation

EOS scaling project LiquidApps, best known for its off-chain DAPP Network, has achieved another major breakthrough. Not content with driving down the cost of vRAM, LiquidApps has pulled off the same trick with vCPU, bringing low-cost computation to EOS projects without compromising decentralization. The horizontal scaling solution pioneered by LiquidApps, first with DAPP Network and now with vCPU, is the polar opposite of traditional blockchain scaling approaches, which operate vertically through increasing node validation capacity. The latter method eventually reaches a ceiling that thwarts further optimization attempts. LiquidApps’ approach, which involves taking the bulk of all computation off-chain, frees up...

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EOS & Bitfinex Included in Block Producers for Ultra.io

Ultra.io, the blockchain-based platform PC games distribution platform recently announced this week that its first three block producers (BPs) are Bitfinex, EOS Rio and EOS New York. All three future network maintainers are EOS BPs while Bitfinex is also a major and well-known cryptocurrency exchange. The announcement states that the three bodies will help Ultra optimise its blockchain and will allow the company to launch is public testnet followed by the mainnet. The startup has said that its platform allows for a higher degree in fairness the industry of gaming by enjoying “programmable and instant money, tradability of games and...

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