EOS introduces Dawn 4.0

EOS will be releasing EOSIO Dawn 4.0 on May 11 with the focus on cleanup and stability
08 May 2018   978

After 1 month since Dawn 3.0 was rolled out, EOS team has been busy on the code cleanup and its stability. Upon that, inter-blockchain communication proof-of-concept was also on the agenda. As a result, on May 11 Dawn 4.0 will officially released. The list of some updates include:

  • change of definition of the current time:

"time of head block" is replaced with "time of current block" thus increasing accuracy of  time measurement in smart contracts;

  • switch to a market-based RAM allocation approach:

using Bancor algorithm the system contract now buys and sells RAM allocations at prevailing market prices thus balancing the supply and demand for RAM over time;

  • stepping stone towards inter-blockchain communication (IBC):

the roadmap of IBC development now revolves around launching a new chain with multi-threaded support run by the same block producers and staking the same native tokens;

  • header-only validation:

allows light clients, IBC and mitigates a range of attacks along with block being able to propagate across the network not executing full verification.

The full list of upgrades can be found on the official Medium blog post here. Regarding market indicators for EOS, at the moment of publication they are as follows:

Average price $18.36
Market cap $15,471,876,390
Volume (24H) $2,040,480,000

Eosfinex Exchange to be Launched

It is state that eosfinex is the first scalable exchange ecosystem based entirely on the EOS protocol
31 July 2019   280

The developers of the eosfinex cryptocurrency exchange this Tuesday reported on the full launch of their platform.

Eosfinex is Bitfinex's sister platform and is based on the EOS protocol. This structure allows for a decentralized exchange of cryptocurrencies, since the placement of applications, their comparison and storage of user assets in this case is carried out using blockchain resources, and not by the company itself.

Eosfinex is declared as the first scalable exchange ecosystem based entirely on the EOS protocol.

According to the developers, the site provides a decentralized exchange of cryptocurrencies - the placement of applications and storage of user assets is carried out through the blockchain, and not by the company itself.

eosfinex Exchange
Eosfinex Exchange

There are four trading pairs on the platform: RAM / USDT, EOX / USDT, EMT / USDT and EOS / USDT. The exchange supports several types of orders and allows you to connect using accounts in the EOS blockchain directly or through a Scatter wallet.

The beta version of EOSfinex was presented on March 28. Initially, the launch of trading was planned for July 25, but was postponed due to the “need for further improvements” of the site.