EOS - News and Updates

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The initial sale of this new blockchain based digital currency which was started last June 2017 is now slowly gaining so much attention and has currently gain a marketcap of $431,828,895.00. The sale of the coin, as initially stated, will end in one year.

This approach will give those aspiring cryptocurrency holders to take part of this promising currency which aims business and corporations in automating its business processes making sure that its operation is always on the top edge in their industry.

Base on roadmap documentation, EOS is currently on its testing environment which goals is to build an application program interface (API) which will give developers a door to develop applications to test the EOS software. This API is important becauses developers needed this to build stable applications based on EOS.

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The testing of this application requires the implementation of the following:

• Standalone node that will act as the operator to the test the blockchain and will produce blocks while exposing an Application Program Inferface (API).

• The native contracts that will manage the blockchain's core operations. These contracts includes, managing the transfer of EOS tokens; managing locked EOS, producer election and voting; managing messages, permissions updates on contact codes.

• Compilation of contracts to WebAssembly (WASM) which will interface the blockchain through a define application program interface (API).

• RPC interface which is vital for both publishing and interacting test applications. This will be a simple JSON RPC over http interface that will aid developers in broadcasting queries and transactions.

• A commandline that will facilitate the integration of the RPC to the environments build by the developers.

• Documentation that will guide developers in creating platforms using EOS.IO blockchains.

This Phase 1 development are making the developers busy at this very moment. Hopefully will end on the Fall of 2017 which will then signal the Phase 2 of the development.

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On the other hand, there will be 2nd Annual Blockchain Conference in Washington DC this coming July 28, 2017. One of the speakers on the said conference is Brendan Blumer, the CEO of block.one which is the builder of EOS. Brendan will talk about bitcoin, etherium and the triumph of virtual currency.

This conference is sponsored by Coindesk, NewsBTC, Deloitte, Day One Investments, Ties Network, Fintech Profile, The Cointelegraph, CEX.IO, Blockchain Healthcare Review and EOS as the platinum sponsor.

More updates will be disclosed in the following days.