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Home Altcoins

EOS Saw Over 25,000 Transactions Within an Hour Twice Yesterday

by Khalid Lawal
October 3, 2019
in Altcoins, Cryptocurrency
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After a tremendous rating of the cryptocurrency’s decentralized applications, the community of the altcoin has again gladdened its lovers with the announcement of huge transactions performed on its platform.

Coming this morning is the news that 25,000+ transactions per hour was performed on EOS blockchain twice yesterday.

The cryprocurrency said “this is with blocktwitter spam muted”. Added to the update, EOS now has 6.94 real transactions per second.

EOS (EOS) Referendum Platform

Later in the day, the blockchain technology that claims to better Ethereum in the space announced that the team behind the altcoin is working tirelessly, and now the EOS Referendum Platform close to getting ready.

Over the past few months, the group of individuals behind the decentralized platform has been working on delivering a referendum system for EOS blockchain.

The platform is designed with the aim of creating a system in the market where token holders will be able to determine the future of their EOS token.

The referendum is a voting decision system. The system is a step towards structuring a democratic decision-making process. Even though, it is seen as a decentralized system, the one-token-one-vote strategy attached to it will eventually make it a bit centralized, giving people with more tokens upper hand.

EOS DApps Bag Honors.

The last few days of the altcoin in the market has been featured with honors attached to its decentralized applications.

While EOSBet DApp was rated to have performed over 200K transactions within 24hrs with another over 1 Million token in volume, EOS Knights got the attribute of having the uppermost number of distinct users.

Freshly released is an update that new PumpDumpWars EOS DApp which was launched this week has already achieved 455 active players with their EOS account.

With the way EOS is striving for success this days with its new innovations in the market, many have claimed that in coming day, it will light the end of the tunnel and beyond the sky will be its limit.

Tags: EOS (EOS)EOS (EOS) DAppEOS (EOS) Hackathon
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NewsLogical Inc. is a U.S.-centric firm established in 2019 with the aim of providing resourceful and up-to-date cryptocurrency and blockchain information.

Email: info@newslogical.com

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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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