The development of EOS

[densuj]

Digital Assets — we need to think about “Ownership Authority”.

The CryptoLions team published a post on Medium in which they clarifies the definition of Digital Asset. CryptoLions is a EOS Block Producer candidate currently involved in the development of Simple Assets. According to the article, there are 4 different levels of a Digital Asset:

  - Level 1: digital information that the user control inside a game or an application
  - Level 2: ... the ownership can be verified on a blockchain
  - Level 3: ... the controls adhere to a broadly accepted protocol
  - Level 4: ... the ownership is outside the control of the asset creator

"Simple Assets started with the idea that a digital asset is a promise from the asset creator to not only the first owner of that asset, but to the entire community of possible owners."

Read more: https://link.medium.com/V4tKb8biMV

[densuj]

EOSIO Software Release: Ricardian Contract Specifications and the Ricardian Template Toolkit.

Block.One released two new features for Ricardian Contracts. These two new features allow Authenticators, such as Scatter, to expose Ricardian Contract data to users in a more consistent and transparent approach.

  - Ricardian Contract Specification: defines specification to richly format Ricardian Contracts
  - Ricardian Template Toolkit: new implementation used to consistently render Ricardian Contracts

"For EOSIO Blockchain Users, the Ricardian Contract Specification and the Ricardian Template Toolkit projects enable a clear understanding of the agreements to which they are consenting."

Read more: https://medium.com/eosio/eosio-software-release-ricardian-contract-specifications-and-the-ricardian-template-toolkit-a0db787429d1

[densuj]

Why should you build on EOS?.

Satya Avala recenlty published an article on Venturebeat, where he goes through 5 key reason that led them to choose EOS. Satya Avala is the co-founder and CTO of Ampersand Markets and former director of engineering at Yahoo Finance.

 1. EOS’ ability to execute more transactions per second than Ethereum
 2. EOS’ design means we can scale our platform with no impact to users
 3. EOS provides an extremely robust permissions and governance structure
 4. Transaction costs on the EOS blockchain are much cheaper than on Ethereum
 5. Smart contract development in EOS is done using C++

"We also believe these are the reasons EOS will be the foundation for the financial markets of the future. Its design is well-suited for the growth and sophistication of such a market, and we are confident in its ability to support our own design."

Read more: https://venturebeat.com/2019/04/13/why-we-built-our-blockchain-business-on-eos-instead-of-ethereum/

[densuj]

EOS Canada published an article clarifying the role of the EUA and outlining their recent Referendum votes.

"The EOS User Agreement should not be seen as new rules, rather just as a clarification for what has always existed. Within the EOSIO source code that was put out by Block.one existed one global feature that had the ability to affect every aspect of the chain, 15 of 21 Block Producers can approve a change on the network."

Read more: https://www.eoscanada.com/en/eos-canada-welcomes-the-new-eos-user-agreement

[densuj]

Passwordless future. Future modern solution for authentication systems.

In the latest article published by Block.One, they explore what are the issues currently posed by passwords, and how they can be solved in the near future.

Problems:
 - Hearsay Problem: any info received from one party about the actions of a second party that can't be substantiated.
 - Blank Check Problem: take action on behalf of the user without the user's consent.
 - Password weaknesses

Block.One proposed a new solution to move beyond passwords problems: the concept of "passes" and the digital "Pass Manager". A Pass is a conceptual abstraction that encapsulates credential info (keys). Through Passes and Pass Managers, users can easily prove their identity just like the physical analog of pass cards.

"The user simply arrives at a service (whether it is a web app, a native app, a point of sale system, or a kiosk), and presents a pass to sign in or authorize an action. This is like a college student using their College ID to gain admission to a collegiate sports event".

What is necessary to make Pass Managers successful?
 - Interoperability
 - Portability
 - Usability
 - Safety

Read more: https://medium.com/eosio/a-passwordless-future-building-towards-more-secure-and-usable-authentication-systems-e188f07e4b87

[densuj]

The Metro, Hardware Key for the EOS Blockchain.

The EOS New York team recently released a sneak peek of their hardware device: The Metro. The Metro is the first hardware key authenticator built specifically for EOSIO chains.

Features:
 - Access your favorite EOS dApps minutes after plugging in the Metro. No software required
 - Your private key never leaves the Metro device
 - The Metro is 100% open-source and available for the public
 - Verify transactions with the push of a button
 - Create an EOS account included with your Metro purchase
 - The Metro is protected by a PIN in case its ever lost or stolen
 - compatible with the Transit API

More details will be soon revealed.

Learn more and get notified: https://www.eosmetro.io/

[densuj]

EOS Mainnet Extensions, new EOSIO enhancement proposal.

Some members of EOS Canada recently proposed a model sidechain model: EOS Mainnet Extension Chains. EOS Mainnet Extensions are side-chains of the EOS Mainnet which share user accounts with the Mainnet by means of an account-synchronizing Oracle. Through this solution it will be possible to scale horizontally the mainnet, allowing greater flexibility of resources and maintaining the same user base.

Key Aspects of this Proposal
 1. it is impossible to create an account on the Extension chain
 2. all account creations are done by synchronizing accounts existing on the EOS Mainnet (including changes in authority)
 3. resources would be managed by the BPs of the Extension network
 4. these BPs merely operate the network
 5. the Extension network does not have its own token, and BPs are paid directly on the EOS Mainnet through a corresponding contract.
 6. each chain Extension is free to experiment with governance, and the provided services

More to read: Trust model, Resource allocation and BP incentivization mechanisms, Oracle design, Thoughts on Future Scaling.
Read more: https://eeps.io/EEPS/eep-6

[bubblebubble]

I was reading your posts but I would to know from you what do you prefer of a typical cryprocurrency:

1. Decentralization?
Or
2. High tx speed?

Thanks for your feedback.

[densuj]

I was reading your posts but I would to know from you what do you prefer of a typical cryprocurrency:

1. Decentralization?
Or
2. High tx speed?

Thanks for your feedback.

I choose all of them decentralize and high transaction speed that's why i have followed EOS blockchain, waves blockchain, Tron blockchain and other cryptocurrencies. I followed them including the projects be built on those platform. I like cryptocurrencies which supports for decentralize application dapps and huge number of transaction.
And here is the update of EOS

A Release Candidate is Available for EOSIO

“This release candidate marks a major update for the EOSIO software platform: a consensus protocol upgrade, which implements a change to the protocol rules and requires alignment by block producing nodes for the upgrade to be successfully deployed.”

Features:
- Enable protocol feature pre-activation
- Disallow linking to non-existing permission
- Allow contracts to determine which account is the sender of an inline action
- Modify restrictions on RAM billing
…and more

Medium:  https://medium.com/eosio/eosio-version-1-8-0-rc1-2d2d68995bbe
Github: https://github.com/EOSIO/eos/releases/tag/v1.8.0-rc1

[bubblebubble]

I was reading your posts but I would to know from you what do you prefer of a typical cryprocurrency:

1. Decentralization?
Or
2. High tx speed?

Thanks for your feedback.

I choose all of them decentralize and high transaction speed that's why i have followed EOS blockchain, waves blockchain, Tron blockchain and other cryptocurrencies. I followed them including the projects be built on those platform. I like cryptocurrencies which supports for decentralize application dapps and huge number of transaction.
And here is the update of EOS

A Release Candidate is Available for EOSIO

“This release candidate marks a major update for the EOSIO software platform: a consensus protocol upgrade, which implements a change to the protocol rules and requires alignment by block producing nodes for the upgrade to be successfully deployed.”

Features:
- Enable protocol feature pre-activation
- Disallow linking to non-existing permission
- Allow contracts to determine which account is the sender of an inline action
- Modify restrictions on RAM billing
…and more

Medium:  https://medium.com/eosio/eosio-version-1-8-0-rc1-2d2d68995bbe
Github: https://github.com/EOSIO/eos/releases/tag/v1.8.0-rc1

But, EOS is not so decentralized as it appears.
Furthermore is "static", meaning that it doesn't modify with the framework. In other words, it is developed to work alone and to not interface with other blockchains.
And this is a limit, considering that blockchains are every day more.
What do you think?

[densuj]

I was reading your posts but I would to know from you what do you prefer of a typical cryprocurrency:

1. Decentralization?
Or
2. High tx speed?

Thanks for your feedback.

I choose all of them decentralize and high transaction speed that's why i have followed EOS blockchain, waves blockchain, Tron blockchain and other cryptocurrencies. I followed them including the projects be built on those platform. I like cryptocurrencies which supports for decentralize application dapps and huge number of transaction.
And here is the update of EOS

A Release Candidate is Available for EOSIO

“This release candidate marks a major update for the EOSIO software platform: a consensus protocol upgrade, which implements a change to the protocol rules and requires alignment by block producing nodes for the upgrade to be successfully deployed.”

Features:
- Enable protocol feature pre-activation
- Disallow linking to non-existing permission
- Allow contracts to determine which account is the sender of an inline action
- Modify restrictions on RAM billing
…and more

Medium:  https://medium.com/eosio/eosio-version-1-8-0-rc1-2d2d68995bbe
Github: https://github.com/EOSIO/eos/releases/tag/v1.8.0-rc1

But, EOS is not so decentralized as it appears.
Furthermore is "static", meaning that it doesn't modify with the framework. In other words, it is developed to work alone and to not interface with other blockchains.
And this is a limit, considering that blockchains are every day more.
What do you think?

I can understand if you think that EOS is not decentralize because however EOS is still new in the world and let's them (the developer of team EOS) to make EOS to be more decentralize, even the bitcoin its self is not decentralize if we see on the power of mining just some people who take control of it, personally i still think that EOS is decentralize be compared with another cryptocurrencies because there are 21 block producers in the EOS blockchain, and they are voted by community of EOS. And as you know the transaction processing is faster than another blockchain.

[densuj]

Everything EOS Developer Course is now available for free.

The EverythingEOS team released their first EOSIO Developer Course. The course will teach its students how to build a web game that's connected to the blockchain by following the official Elemental Battles tutorial. It is available on Udemy for $34.99, however if you vote for Cypherglass, even through a proxy, you can actually get it for free!

"This course is appropriate for people with some programming experience, but it does explain basic concepts when needed to make sure no one is left behind. Code starting points and graphic assets are provided along the way"

Includes:
 - 6.5 hours on-demand video
 - 29 articles
 - 10 downloadable resources
 - 2 coding exercise

Udemy Link: https://www.udemy.com/eos-blockchain-dapp-development-tutorial/?persist_locale&locale=en_US
EverythingEOS promo code: https://www.everythingeos.io/eos-courses/

[densuj]

Pay2Key: Everipedia EOSIO UTXO solution, send tokens to Public Keys.

The Everipedia IQ team and Decentral Bank recently announced the release of Pay2Key, the first UTXO solution for EOSIO chains. Through the Pay2Key contract, users will be allowed to transfer tokens between EOS public keys, without ant EOS account required to hold tokens and transfer them.

This system is very similar to the Bitcoin system, to receive tokens users only need the corresponding private key to the public key while a transaction fee is paid to move the token. The fee is paid to a relayer, who receives the transaction request and then sends it out. Any EOS account can earn transaction fees by becoming a UTXO relayer.

"The IQ token is the first token to make use of this technology. Users can send their IQ tokens to the iqutxoiqutxo EOS mainnet account and create IQ UTXO tokens to transfer between public keys."

Read more: https://medium.com/@Everipedia/new-smart-contract-allows-eos-holders-to-transfer-tokens-without-eos-account-555e64d195c8

[densuj]

MEET.ONE has released the 4% inflation removal EOS code change on Github.

The MEET.ONE team released the 4% inflation removal EOS code change on Github. Through this proposal, the EOS inflation rate will be reduced from 5% to 1% used only for rewarding BPs. The code is currently in community review stage, after a successful review it will get submitted on-chain for the BPs approval.

This proposal makes three changes to the EOS system:
 1. Change the system parameter continuous_rate to 0.00995
 2. Change the 5% inflation rate to 1%
 3. Stop the transfer of EOS tokens to eosio.saving account

Read more: https://medium.com/meet-one/meet-one-has-released-the-4-inflation-removal-eos-code-change-on-github-28e66f796e9b
Github: https://github.com/EOSIO/eosio.contracts/pull/244

[bubblebubble]

I was reading your posts but I would to know from you what do you prefer of a typical cryprocurrency:

1. Decentralization?
Or
2. High tx speed?

Thanks for your feedback.

I choose all of them decentralize and high transaction speed that's why i have followed EOS blockchain, waves blockchain, Tron blockchain and other cryptocurrencies. I followed them including the projects be built on those platform. I like cryptocurrencies which supports for decentralize application dapps and huge number of transaction.
And here is the update of EOS

A Release Candidate is Available for EOSIO

“This release candidate marks a major update for the EOSIO software platform: a consensus protocol upgrade, which implements a change to the protocol rules and requires alignment by block producing nodes for the upgrade to be successfully deployed.”

Features:
- Enable protocol feature pre-activation
- Disallow linking to non-existing permission
- Allow contracts to determine which account is the sender of an inline action
- Modify restrictions on RAM billing
…and more

Medium:  https://medium.com/eosio/eosio-version-1-8-0-rc1-2d2d68995bbe
Github: https://github.com/EOSIO/eos/releases/tag/v1.8.0-rc1

But, EOS is not so decentralized as it appears.
Furthermore is "static", meaning that it doesn't modify with the framework. In other words, it is developed to work alone and to not interface with other blockchains.
And this is a limit, considering that blockchains are every day more.
What do you think?

I can understand if you think that EOS is not decentralize because however EOS is still new in the world and let's them (the developer of team EOS) to make EOS to be more decentralize, even the bitcoin its self is not decentralize if we see on the power of mining just some people who take control of it, personally i still think that EOS is decentralize be compared with another cryptocurrencies because there are 21 block producers in the EOS blockchain, and they are voted by community of EOS. And as you know the transaction processing is faster than another blockchain.

Thanks for your feedback.
Gli are right speaking about Bitcoin. Indeed I think that Bitcoin has an own medium life than other projects.
I would to know how EOS will move on decentralization.

Thanks