EOS Ecosystem 2024 New Narrative: Brand-new Token Economic Model, Deeply Integrated with Bitcoin Ecosystem
EOS Ecosystem 2024 New Narrative: Brand-new Token Economic Model, Deeply Integrated with Bitcoin Ecosystem Tokens, the soul of blockchain. For various Web3 projects, tokens are the economic incentive mechanism of blockchain and the core pillar for achieving decentralization. A perfect token economic model is the key to the project's success and long-term sustainable development. For ordinary users, carefully evaluating the project's token economics is a critical step before deciding to participate in the project. Only by fully understanding the project's design ideas for the tokens can you further improve the success rate of your investment.
The launch of EOS Wrapped RAM (WRAM) marks a significant step forward in improving the tradability of EOS RAM.
Highlights 👇 1️⃣Tokenize RAM Real World Assets (RWA) 2️⃣Can be listed on external exchanges and third-party websites 3️⃣Runs both on-chain and off-chain, facilitating wider availability
The EOS blockchain has received a major update to its RAM system, enhancing flexibility, efficiency, and overall usefulness. These changes, recently implemented through an upgrade to System Contracts v3.3.0, unlock new dimensions for developers and users by promoting innovative applications, more dynamic resource management, and fostering a more sustainable and scalable ecosystem. For those interested in the EOS ecosystem, this update provides a great opportunity to explore its finer features. Participate in the updated RAM system on EOS and discover its benefits for yourself. EOS is entering a new stage of development, and now is a good time to get involved.
Introduction The EOS Block Producer (BP) Monthly Meeting is the foundational platform that promotes consistent and open communication between the top 30 EOS BPs and the EOS Network Foundation (ENF). These gatherings are designed to foster a collaborative environment where network operators and custodians can engage in constructive dialogue, share insights, and work together towards the common goal of advancing and strengthening the EOS ecosystem. Through these discussions, the community aims to address challenges, explore new opportunities, and implement strategies that align with the network's long-term vision for innovation and growth. Conference overview The meeting started at 02:00 UTC on February 28, 2024, with a total of 22 nodes (BPs) and a total of 35 participants. To accommodate a diverse global audience, the Interprefy tool was used for real-time translation in multiple languages, facilitating effective communication throughout the conference.
Over the past few weeks, the EOS ecosystem has continued to push the boundaries of Web3 innovation. This report will keep you updated on the latest news, including milestones like the recovery of 2 million EOS on the EOS EVM and ongoing work on the BTC L2 scaling solution. Be sure to check out the recent Everything EOS livestream if you missed it, but if you’re short on time, this report will cover the most important EOS news. Two million EOS on EOS EVM were recovered One of the biggest milestones for the EOS community over the past month was the recovery of 2 million EOS from the Paycash vulnerability. The recovery was made possible through the Recover+ platform, a cutting-edge cybersecurity portal and rapid incident response program unique to the EOS ecosystem.
Advancing Blockchain Defense: Milestone 2 Million EOS Recovered on EOS EVM
In the rapidly developing world of decentralized finance (DeFi), the security of digital assets remains a top concern for investors and developers. Against this backdrop, EOS has once again demonstrated its commitment to pioneering robust security solutions with the latest achievements of its cutting-edge cybersecurity portal and rapid incident response program Recover+ (R+). Designed to protect EOS DeFi projects and their users, R+ recently marked an important milestone in its journey to ensure the integrity and security of the blockchain ecosystem. Building on its success, R+ broke new ground by successfully intervening in incidents involving the EOS EVM, demonstrating expanded functionality beyond EOS Native that was unprecedented in the industry. This extraordinary retrieval not only secures nearly 2 million EOS for its rightful owners, but also makes R+ the first program of its kind to extend protections to the EOS EVM project.
Heading to Leap 6: EOS Unlocks Savanna’s Instant End on July 31st
Leap 6 will introduce the groundbreaking Savanna consensus algorithm, enabling faster finalization and creating irreversible consensus transactions more than 100 times faster than previous versions. This major update is more than just a performance enhancement; it represents a comprehensive upgrade for the network. At the core of this evolution, Savanna will not only accelerate transaction finalization, but also enhance security, user experience, and decentralization of the entire EOS ecosystem. Important updates from infrastructure providers and technology partners As we prepare for the upcoming Leap 6.0 upgrade, collaboration and readiness among all ecosystem participants is critical. Looking back on the journey since the last major consensus upgrade of Antelope Leap 3.1, we recognize the importance of the unified efforts of the entire ecosystem for a smooth transition.
2024 is in full swing, and the ecosystem has achieved many major milestones over the past few weeks. At the beginning of the year, ENF members participated in two high-profile events; the CRYPTO2030 event held in Davos, Switzerland, and the Blockchain 2 Government Conference held in Phuket, Thailand. What follows is a series of exciting technological innovations, strategic investments, and more, all reported on the recent Everything EOS live broadcast. If you're short on time, this article will get you up to speed on the most important information you need to know.
EOS Network Foundation releases 2023 Q4 work report
Every quarter, the EOS Network Foundation (ENF) publishes a detailed report that provides the EOS community with an overview of activity, growth, and financial spending. The EOS Network Foundation (ENF) provides support, funding and necessary resource coordination to all parties in the ecosystem to help EOS develop into a prosperous ecosystem. We are leveraging the power of decentralization to describe a future for the EOS network in which all parties in the ecosystem collaborate, making EOS the backbone of promoting positive change around the world. Check out the latest report for an in-depth look at all major milestones across the EOS ecosystem, including:
This guest post was written by Ross Dold of EOSphere. Learn more about EOSphere’s work in the EOS ecosystem at the end of this article. Antelope Leap v5.0.0 was released about a month ago and is now being adopted by many Antelope-based networks as node operators begin upgrading their production environments.
Leap v5.0.0 is designed to be more performant, efficient, and reliable than previous versions, which is great news for node operators, as even small improvements can translate into huge gains for a fleet of 100 managed nodes.
Inscriptions have been a major topic throughout the Web3 industry in recent months. Starting with the ordinal form of the Bitcoin blockchain, this new way of storing data on-chain quickly found more use cases in Ethereum-based environments. EOS EVM is no exception. When a large-scale accounting event caused the single-day transaction volume to exceed 17 million, the user experience on EOS was not affected and gas fees did not increase. From this event, we can learn how EOS stands out from the competition. In this article, we’ll dive into what Inscription is and how EOS outperforms other networks in the face of the influx of Inscription users. We will also look at some of the unique ways Inscriptions are evolving on EOS due to the unique capabilities the EOS blockchain has to offer.
EOS RAM: A hidden gem of blockchain infrastructure
Disclaimer: Any information provided in this article does not constitute financial advice. It is important to remember that there are inherent risks involved in participating in DeFi, and individuals should conduct thorough research and exercise caution when participating in DeFi projects. The blockchain community has seen a surge in interest in RAM following a strategic move to stop RAM inflation on EOS, noting the limited supply of RAM and catalyzing a massive price increase - RAM's value has soared six-fold from all-time lows . During this wave of increased demand and rising prices, RAM became the cornerstone of the EOS network, critical to its operations and overall efficiency. This exploration will delve into the critical role of RAM, examining how its scarcity, dictated by node operators’ hardware constraints, enhances its intrinsic value. By leading a user-led RAM trading market, governed by the Bancor algorithm to maintain fair pricing and liquidity, we will illuminate RAM’s integral role in the EOS ecosystem and confirm its status as a critical network resource.
Introduction The monthly meeting of the EOS Block Producers (BP) aims to establish regular communication between the top 30 EOS block producers and the EOS Network Foundation (ENF) to promote an open dialogue between network operators and regulators, Support the common development of the EOS ecosystem. Conference overview The meeting will start at 0200 UTC on January 10, 2024. 18 BPs participated in the conference call, and a total of 29 people participated in the discussion. The Interprefy tool was used for simultaneous translation during the conference call to promote the free flow of information between multiple languages in real time. ENF's Communications Manager Beatrice Wang greeted attendees and started the meeting with a brief overview of the topics that would be discussed.
2023 EOS Ecosystem Review: An Epic Year of Growth, Technological Innovation, and Network Adoption
EOS’s 2024 is about to begin. Yves La Rose, CEO of the EOS Network Foundation (ENF), is heading to the World Cryptocurrency Forum in Davos, Switzerland. ENF and EOS Labs represent EOS to represent the Thai blockchain community and government. Chain 2 Government meeting. Meanwhile, EOS Labs continues to announce new partnerships and integrations, while the ENF engineering team rolls out key protocol updates, starting with the stable version of Leap 5. Before we dive into what’s in store for 2024, we wanted to take some time to look back at some of the most important milestones for 2023. If you’re not comfortable keeping up with the plethora of announcements made over the past twelve months or have recently joined the ecosystem, this article will help get you up to speed. We'll discuss some key points including:
NoahArk Technology Group receives $2.4 million investment from ENV to achieve significant growth in DeFi deployment on EOS
The EOS Network Foundation (ENF) is pleased to share the latest news from NoahArk Technology Group (NoahArk.io) with the EOS community. EOS Network Ventures (ENV) has made a $2.4 million strategic investment in NoahArk’s DeFi infrastructure. This news will play an important role in unlocking new potential for growth, innovation, and collaboration within DeFi on EOS and the broader Web3 ecosystem. Check out the official announcement below and read on to learn more about EOS Network Ventures and NoahArk Technology Group. At the end of this article, we’ll discuss how to start diving into Noah’s DeFi ecosystem.
Leap 5 deployment: optimizing the current situation and planning for the future
Leap v5.0.0 is designed to improve performance, efficiency and reliability. Notable achievements in this launch include: System contracts (including EOS EVM) are executed 5x faster, atomic API calls are 4x faster, and more reliable through non-blocking serialization System memory consumption is reduced by 20% High-scale read-only transactions can be processed in parallel Up to 128 parallel threads support relaxed limits for larger transactions, enabling more reliable block generation by optimizing block start times and reducing latency between rounds. Customizable endpoints for better control of the network. The new "mapped_private" database mode combines the low memory usage of "mapped" mode with the reduced disk wear of "heap" mode.
ENV Investment Announcement|Transforming gaming assets: the leap brought by EZ Swap
The EOS Network Foundation (ENF) is excited to announce that EOS Network Ventures (ENV) has strategically invested $500,000 in EZ Swap’s successful second round of funding, which completed in December 2023, raising a total of 1,000,000. The investment, led by ENV and strongly supported by major investors such as IOBC Capital and Momentum Capital, will play a key role in improving gaming assets and smart inscription protocols. This move not only empowers EZ Swap to expand its technical capabilities and innovate within the field, but also enriches the entire EOS ecosystem with advanced gaming solutions and expanded cross-chain functionality.
EOS Holiday Giveaway: Celebrate Another Epic Year and Win EOS!
As the holidays approach, we’re celebrating another epic year with an EOS community giveaway! Complete the challenge and you will have a chance to share the 500 EOS bonus pool, which is divided into EOS Native and EOS EVM! Each challenge provides you with new opportunities, so completing both challenges increases your odds of winning! The prize pool will be divided as follows: EOS native Ten copies 10 EOS20 copies 5 EOS50 copies 1 EOS EOS EVM Ten copies 10 EOS20 copies 5 EOS50 copies 1 EOS The registration period is from December 21, 2023 to January 6, 2024 01:00 Beijing time. On January 12, 2024, winners will be randomly selected from EOS EVM and EOS Native participants and prizes distributed. Get started with the challenges below and have a great holiday!
Introduction Monthly conference calls with EOS Block Producers (BPs) to establish regular communication between the top 30 EOS BPs and the EOS Network Foundation (ENF) to promote communication between network operators and custodians Open dialogue and support the collaborative development of the EOS ecosystem. Conference overview The meeting starts on December 14, 2023 at 02:00 UTC. Nineteen BPs participated in the call, and a total of 29 people participated in the discussion. The Interprefy tool was used for simultaneous translation during the conference call to facilitate real-time dissemination of information across multiple languages.
EOS Network announces strategic partnership with ESCC to strengthen EOS stablecoin ecosystem
EOS Labs and the EOS Network Foundation (ENF) – the stewards of the EOS network – are proud to announce a strategic partnership with the EOS Stablecoin Chain (ESCC), the groundbreaking blockchain based on Ethereum chain, deployed as a smart contract on the EOS network, using a customized implementation of the EOS EVM architecture. The cooperation between the two parties aims to provide an optimized platform for high-speed and compatible stablecoin transactions, thereby promoting the development of the EOS ecosystem. Together they will provide professional and efficient solutions for processing stablecoins, which is expected to bring significant improvements to the EOS ecosystem.