Block.one Hires Team Behind Prominent Block Producer EOS New York

EOSIO developer Block.one has recruited the team behind EOS New York (NY), a high-profile Block Producer on the EOS network.  Founded in 2017, EOS NY was a one-time #1 Block Producer on EOS, but has now ceased its operations, an announcement on March 25 revealed. Speaking to Cointelegraph, EOS NY founder Kevin Rose said: “We are deeply grateful for the way the community has embraced our team over these past few years. EOS NY was shut down prior to our joining Block.one, and EOS NY was not part of our…

EOS to Become More ‘Community-Driven’ as Block.One Seeks to Use Dfuse’s Open-Source APIs

The technology stack behind Dfuse’s advanced blockchain APIs has been made open-source, according to a March 19 announcement. These APIs are primarily used in EOS development. Cointelegraph took the opportunity to interview the CTO of Dfuse, Alexandre Bourget, who revealed some of the far-reaching consequences of this for the EOS community. What is Dfuse? Dfuse provides a high-performance set of APIs to read blockchain data, primarily on EOS and Eosio-based platforms, as well as on Ethereum (ETH). As Bourget explained to Cointelegraph, EOS’ fast blockchain times make it difficult to…

Stage One of ‘Risky’ EOS Worker Proposal System Approved

Block producers have approved the first stage of the implementation of a controversial EOS governance change that allows any user to propose network rule changes. EOS blockchain explorer Bloks shows that the first phase was approved on March 24. EOS Nation — the block producer (BP) who proposed the system — claimed in a recent tweet that the 34 positive votes by BPs on the proposal is “the strongest consensus reached on any EOS Mainnet proposal”. According to an EOS Nation’s March 18 post, the newly approved Worker Proposal System…

How EOS and ETH DeFi Made It Through Market Turmoil

On March 11 at 4:56 p.m. UTC, Tedros Adhanom Ghebreyesus, the director of the World Health Organization, stated that COVID-19 can be characterized as a pandemic. Industry experts consider the global uncertainty around this respiratory disease — from travel bans imposed by governments across the globe to the continuing global market turmoil — to be a trigger of the cryptocurrency market’s painful crash. Most cryptocurrencies saw their biggest 24-hour price drops in a single 24-hour period. The strong downward trend started off around 6:00 a.m. UTC on March 12 and…

NEO-Based DEX Partners With Zilliqa to Add Ethereum and EOS Assets

NEO-based decentralized exchange (DEX) Switcheo partnered with the Zilliqa blockchain to allow trading of Ethereum- and EOS-based assets on the platform. According to an announcement on March 16, after the launch, Zilliqa token holders will be able to access Ethereum-based assets for the first time. A Switcheo spokesperson also informed Cointelegraph that there are plans to add Bitcoin (BTC) support as well. The two teams plan to launch a minimum viable product by the end of Q2 2020 and external user acceptance testing by Q3. The development is expected to…