EOS gains a whopping 16%, before the EOSIO launch

EOS price is at present at $14.10 with around 16 percent gains over the most recent 24-hours. Just before the official launch of its EOSIO launch, bulls have taken the charge as EOS coin drives the market with most extreme increases at this moment. Block.One has officially made the open source programming of the principal version of EOSIO blockchain on GitHub while giving a diagram of its highlights.

EOS is going insane, leading the market gains!

The crypto market is in a ton of green right at this point. Furthermore, the world's fifth-biggest cryptocurrency EOS is looking to a great degree great right at this point. As of now, up by 16 percent, EOS is riding at $14.10 with a market cap of about $12.27 billion, at the season of composing.

Amid the previous week, EOS has been encountering the blues as the market keeps on having its high and low moments. From $10.93, a couple of days back looks like in the expectation of the official launch of EOSIO blockchain, EOS price has taken an upward surge.

The open source programming of EOSIO blockchain 1.0 version has just been made accessible on GitHub. Block.one likewise shared a framework of what this new version brings to the table.

Various highlights have been included that incorporates free rate limited transactions, low latency block confirmation of about 0.5 seconds, time delay security, inter blockchain communication, and scheduled recurring transactions. Moreover, Low-overhead Byzantine Fault Tolerant Finality, Optional high-overhead, and low-latency BFT finality are also added along with Support for Biometric Hardware Secured Keys such as Apple Secure Enclave.

The new blockchain version which is Designed for Sparse Header Light Client Validation has a different set of features that comprise of Smart contract platform powered by Web Assembly and Parallel Execution of Context Free Validation Logic.

Is EOS still up for more gains?

Some of the aspirations for EOS, for example, a huge number of transactions every second and zero transaction charges, brought up a great deal of issues.

However, after marking the end of the longest ICO and raising an amazing amount of about $4 billion in about a year, EOS team is unperturbed of the considerable number of remarks it got from the crypto community.

Only a couple of days prior, it was discovered bynthe Chinese web security giant that they have found high-chance security vulnerabilities in the EOS crypto framework. Later on, it was expressed by the EOS team that the bug has just been settled.

Likewise, recently, EOS reported a $10,000 bounty for any individual who finds a noteworthy bug in its system. The launch of the EOSIO blockchain has been in the news for quite a while that has all the consideration and expectation in the community members.

With the EOS price in the green and enrolling the increases of around 16 percent, the energy has just been created. The main thing that remaining parts to sit back and watch is at what level these prices will ascend to.

What heights do you think the EOS price will achieve? Leave your comments below!!

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Tags: Cryptocurrency Blockchain