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Huobi Latest to Jump on EOS Wagon

Posted: Mon Apr 23, 2018 11:59 am
by kreslik.news

Huobi Pro has announced that it is to campaign to become a block producer on the EOS blockchain, as the Cayman Islands-headquartered platform surges in value.

Huobi Pro, originally from China, is the third biggest cryptocurrency exchange in the world at the moment with daily trading volumes of almost $2 billion, according to coinmarketcap.com.

EOS is a blockchain which like Ethereum allows users to run smart contracts. Unlike Ethereum however it uses a consensus model called delegated proof of stake.

The proof of stake model is when mining power in the blockchain is defined by number ... (read more)