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EOS News

EOS Block Creator EOSHenzen Makes Profit From Sock Puppets

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EOS Voice Beta

EOS Block creator EOSHenzen is the 59th largest block producer and was accused of creating multiple EOS accounts and violating other rules according to the members from the community and other block producers. Let’s find out more about this information in the EOS news today.

As per the reports:

“When threatened with removal, these sockpuppet Block Producer accounts created … perfunctory, superficial websites (within 1 day) to ‘conform to standards’ in order to avoid removal. Same site design. Same title font. Same non-existent information. They’re the same BP.”

Before this, AlohaEOS and other producers wanted to remove the six accounts on the grounds that they don’t have a website or means of contact. Also, in order to be compliant with the part of the bock producer agreement, the accounts registered a few websites that were registered to the EOS block creator EOSHenzen. The alleged accounts of the block creator didn’t attract enough votes to become the top 21 or active block producers. They have no power but they also collect financial rewards up to $300 of EOS per account each day.

EOS’s constitution and block producer Agreement does not forbid the block producers from creating multiple accounts but it seems that by doing this, they will abuse the entire system. Given that the block producers are keeping their stance, it is possible that a future vote will be held to remove the sockpuppet accounts. EOS New York has also alleged that the crypto exchange platform Bithumb is responsible for funding the voting proxy that will support the six accounts. Bithumb was only voting for block producers since June but EOS New York was not available for comment on why their linked transaction is out of order.

Some of the EOS users are advocating for a permanent change to the EOS voting system with one token, one vote system that will ensure that voting for a single block producer will carry more weight than voting for multiple block producers and this will discourage sockpuppets in the future. There is another option as well. Block.one, the company behind EOS, announced the plans to vote for block producers since it holds 9.5% of the EOS supply which gives it a small but significant amount of power.

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EOS News

EOS.IO ‘’Voice’’ Social Network Has An Official Launch Date

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eosio
The parent company of EOSIO, Block.one, published launch date for their new social network Voice. Beta version of Voice the firm plans to launch on February 14th, 2020. The publication also implies that over the past few months “tens of thousands” of users were signed up for the new social network. Let’s find out more about the EOS news today.Voice has, in addition, published a new FAQ page that states the direction of the project. Expectedly, Voice following other blockchain-based social networks will implement a cryptocurrency reward system and will make an attempt to reinvent content models. Voice was originally unveiled in June of 2019, however, this is the first time that significant information is published by the project.Voice will distribute crypto to its users regularly with the users that publish popular content will be rewarded with extra coins. This will provide an opportunity for Voce’s users to have their “voice” heard, crypto holders could bid on comment space, the comments of the ones that have the will to spend the biggest chunk of crypto will be shown first.It is unknown if the monetary value will be a property of Voice tokens, or whether users will have the opportunity to exchange tokens on the open market for EOSIO. Whatsoever, Voice gives the suggestion that in future it will introduce further use:
“Voice Tokens are conceived as the gateway to all forms of promotion and advertising on the platform.”
Voice will not be an anonymous platform but a transparent one. It will ask users to identify themselves in order to publish content, thus eliminating fake accounts, catfishing, and bots.
“By allowing users to see who and how much is behind promoted content, it makes promotion more engaging and less manipulative,” Block.one states.
Voice will compete with few crypto reward systems. Steemit, created by EOS founder Dan Larimer, is a certain forerunner of Voice. Brave, Coil, and Minds all share certain similarities- the crypto reward system- with Voice. Libra is another platform that could be compared although it is not a reward token, it will be a part of the famous Facebook social network, the Empire of Mark Zuckerberg.
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EOS News

Weiss Ratings Slides EOS Down The Ranks Due To Centralization

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Weiss ratings slides
Weiss ratings slides EOS down the ranks, downgrading the project due to centralization as we are reading in today’s EOS news.Weiss ratings slides EOS from B to C- despite the current favorable estimations in the past, and the main reason was the major influence of the big token holders which could decide how to sway the network resources. The EOS blockchain gained its speed from the feature of about 21 block producers which transpire transaction information. Spreading the latest state of the distributed ledger is easier, compared to Bitcoin’s increase to above 9,300 anonymous nodes.The EOS constitution also has special cases for blockchain accounts which are a feature that has been useful during hack attacks but also means that the transactions can be censored centrally. The concentration of resources in only a few ‘’whales’’ that could decide where to allocate the activities. This is also one of the reasons why the EIDOS token spread massively thus consumed most of the transactions on the EOS network.The EOS is a network much similar to older ones like BitShares as well as Steemit and those networks showed in the past that the influence of whales can be immense and that only two nodes could even broadcast about million of free transactions. Other networks such as Lisk managed to show that the election process for delegates ended up with the voting power getting accumulated in the hands of only a few delegates. All of them were able to vote each other into place without having to resorts to regular user votes.EOS trades currently at $2.75 which shows a gradual decline from the mid-year peak above $6,00 and the coin erased most of the gains for 2019 and is now on a path to reach lows that have not been seen since the bear market of 2018. According to blocktivity, the network seems to be carrying more than 43 million transactions per day. Most of those now below to minting EIDOS tokens while the other transactions that were related to distributed app activity and EOS even saw accusations that most of its dapps are visited by bots that mask the real usage statistics.
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EOS News

EOS Voice Beta To Debut On Valentine’s Day 2020

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EOS Voice Beta
The developer behind EOS, Block.one, recently said that it will be ready to launch the EOS Voice Beta version for the forthcoming social networking platform on February 14th, 2020. As the company behind EOS and the EOSIO protocol said, Voice was scheduled in June this year via social media.Basically, this is a new social media network which will make use of the EOS blockchain platform. Similarly, users of the Voice platform will be able to reward or gift one another with Voice Tokens, as per an official blog post.The EOS Voice Beta platform is apparently liked by "tens of thousands" of internet users who expressed their interest in trying out the beta when it makes its Valentine's Day debut next year. For now, Block.one noted that it is taking steps to avoid the regulatory pitfalls.Meanwhile, governments, central banks and many entities are still lining to take a swipe at the Facebook's Libra project which is also set to debut in 2020. However, the EOS coin news show that Block.one is ready for the EOS Voice Beta and wrote:
“We’re in the midst of an ongoing, open conversation with legislators and regulators to make sure Voice is ready for users.”
The company also claimed that the new platform will “cut out opaque one-sided data auctioneering, eliminating hidden algorithms and cycle value back into users’ hands in the form of the Voice Token.”In the other news, we can see that the subsidiary of eToro, eToroX, recently decided to list the EOS cryptocurrency on its exchange. However, we can see that the price of EOS has not moved much as a result of this listing.In fact, the market update shows that the price of EOS dropped by 67% ever since Block.one announced the Voice project in June this year. Right now, EOS trades at $2.75 and is down by 4% in a week and 25% in a month. The price of the cryptocurrency, however, is still up by 24% this year.The other altcoin news today show that the leader in the top 10 is Litecoin (LTC) with a 2.47% increase, followed by Cardano (ADA) which also surged by more than 2% on the day. 
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EOS News

eToro Subsidiary eToroX Now Lists EOS On Exchange

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eToro subsidiary
eToro subsidiary of the blockchain global investment platform now has a new eToroX platform which announced to be listing the EOS crypto-asset now available for trading as we are reading further in the EOS news today.As of today, EOS will be both the counter and base currency for trading pairs on the eToro subsidiary EtoroX and can be traded against other crypto assets including a few fiats stablecoins pairs. The Paris comprise Bitcoin (BTC-EOS), Ethereum (ETH-EOS), Stellar (EOS-XLM), USD (EOS-USDEX), GBP (EOS-GBPX) and the Japanese Yen (EOS-JPYX). With the launch of the EOS on the new eToroX, it is now one of the few crypto and blockchain exchanges that have all of the top cryptocurrencies listed- Ethereum, bitcoin, stellar, XRP, and EOS paired against multiple fiat stablecoins.eToroX managing Director Doron Rosenblum commented about the vision of the exchange and why they decided to open up access to the tokenized world and he said:
 “We believe that we can leverage blockchain technology to open up financial markets. The flexibility, scalability, and secure processing capabilities of the EOSIO protocol significantly help the push towards mass adoption, which is an integral part of our ethos. We are extremely excited to add an EOSIO-based crypto asset to our secure and regulated exchange. The launch of yet another blockchain protocol shows how the eToroX Exchange is continuing to grow and expand into a significant presence in the cryptosphere.”
EOSIO software powers the EOS smart contract platform and the entire decentralized operating system. The EOS token provides both storages on the blockchain and bandwidth enabling ownership that is proportional to the total stake plus the owner participation in the on-chain governance of the blockchain. The exchange, on the other hand, is consistently identifying new and important technological advancements and the robust EOS offering is now a testament to the support for open source innovation.The CEO and co-founder of eToro Yoni Assia commented:“EOS is one of the foremost projects in the world of Blockchain. By adding the EOS token as a base/counter currency for trading pairs on the eToroX crypto Exchange, we are enhancing and strengthening our well-established connection with EOS.”Over the past few months, eTorox continues its goal of providing access to the world of crypto trading to more people and it will also launch more new crypto assets and stablecoins and announce further trading pairs where more currencies are pegged to fiat counter currencies.
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