Market Price Prediction For Ethereum For The Year 2019

How we are building a powerful rewarding system on the EOS platform

How we are building a powerful rewarding system on the EOS platform
PRIMARY (PRY) is a dApp on the EOS blockchain which functions for the users as a gate to an ecosystem that consists of coworking, coliving and partnering businesses. PRY is a token which has a set of smart contract dApps built around it, basically fuelling the decentralised application. As well as the token smart contracts on the platform will have several other smart contracts on the EOS network that will handle a reward distribution logic and other aspects of the platform.We enable our members to govern themselves using the rewarding mechanism.
  • Members will be able to message each other, thus the community will have the possibility to submit proposals and assignments onto the platform. Votes will give value to contributions they find useful, incentivising the community to create only quality content or tasks.
  • Additionally Artificial Intelligence (AI) is leveraged analysing the skills of users and matching them up, proposing tasks for them to complete, rewarding them for their interactions.
  • The core of the system is the voting and rewarding mechanism. It incentivises each individual to assess completed tasks of other members and up vote their work in the form of giving energy.
What is a blockchain?
To put it simple, a blockchain is a type of distributed ledger or decentralized database, which can keep records of constantly updated information. It is a system of connections (nodes) that are in sync and updated simultaneously through the internet.
There are public and private blockchains, which offer limited access. The latter allows admission only through an exclusive membership. Instead of a central authority that manages the data distributed ledgers empower anyone in the network to use the data. All nodes need to agree on data and nobody can single handedly temper it. That is why we have consensus protocols which form the basis of cryptocurrencies.
PRY will adhere to the ERC-20 token standard which will also be mintable in order to administer rewards and airdrops. In exception of the token contract itself the platform will have several other smart contracts on the EOS network that will reward distribution network.
What is EOS?
EOS was founded by Brendan Blumer and Daniel larimer from It is a technology referred to as smart contract platform and cryptocurrency. The protocol on an EOS blockchain will run smart contracts (technical support when conditions are met on a contract) and it is the foundation for the distribution of decentralized applications such as the PRIMARY platform.
For this article we will be referencing EOS mainly as the smart contract platform not the cryptocurrency.
PRIMARY - What are the benefits of using the EOS platform?
We at PRIMARY feel EOS is the most promising technology that will enable us to deliver an excellent user experience as well as upscale in the future. In that way the PRIMARY community is provided with a powerful encrypted platform and mobile application which can be used for everyday interaction and transaction.
  • Decentralized coins Building PRY token on top of the EOS blockchain we anticipate to create a self sustaining decentralized community. It is a technology that is probably more decentralized than pool-based mined coins.This has the advantage that for example 21 voted blockchain producers have equal power rather than 3 mining pools controlling 51 percent. Further, EOS uses the Delegated Proof-of-Stake (DPoS) consensus algorithm. This alternative consensus algorithm is for Proof-of-Work (POW) or Proof-of-Stake (POS). It basically requires coin holders to decide on ‘delegates’ who will be in charge of validating the transactions and the blockchain. The reason they are elected is to allow the system to stay decentralised instead of becoming a centralized system.
  • No transactions fees EOS raises no transaction fees for using the platform. We love this idea and want our users to get the most out of the platform whilst keeping the cost down to a minimum.
  • Open source Users do not pay fees for using the product respectively the smart contract, as is the case for ethereum (ETH). Rather the developers pay the fees for the users as this approach complies with the usual business model.
  • Scaling ability EOS scales up to multiple thousands of transactions per second (TPS), so it is much better suited for industrial scaled apps. While an ethereum platform for example can only support 25 TPS at the moment.
  • Multiple access
You can access multiple platforms with a single EOS account. Basically you can access all platforms built on top of EOS.
  • Programer friendly EOS uses c++ programer language and later other languages that compile to WASM´. The benefit of c++ is that it is a well established language with decades of experience, so finding programming help should not be an issue. Another asset is the better storage model also called multi-index tables.
Stay in touch with us as we will soon release a yellow paper to clarify further aspects of the usage of EOS blockchain.
For further information regarding token distribution and the team behind the project visit PRIMARY and get the latest announcements by joining our email list!
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Tutorial: How to Set Up a Local Moonbeam Node to Interact ... NEO (NEO) in 6 Minuten einfach erklärt! Ethereum auf Bitcoin Cash skalieren? EOS coin deutsch Ethereum killer?? besser als Ethereum und IOTA?? Dapp Ecosystem Trends  October 2020 - YouTube

2020 wird sich auch für Ethereum und andere Kryptowährungen als das bemerkenswerteste Jahr erweisen. dApps werden in diesem Jahr eine große Akzeptanz finden. Im ersten Quartal kann der höchste Wert bei 1100 USD liegen, der niedrigste im Januar bei 929 USD. Das zweite Quartal könnte Preise von 1600 USD hervorbringen. Aber danach könnte der Preis wieder auf 1550 USD sinken. Darum sehe ich als Risiko für 2019, dass eines (oder gar mehrere) der Mitglieder der Ethereum Enterprise Alliance ein Pilotprojekt auf einer konkurrierenden Blockchain (welche ebenfalls dApps und Smart Contracts unterstützt) präsentiert. Eine solche Ankündigung könnte fatale Auswirkungen auf Anlegervertrauen und folglich die Ethereum Kursentwicklung 2019 haben. Als interessierter Anleger ... We are developing an open source ETH 2.0 client in Go. On top of that, we are developing a series of utilities in Go to interact with beacon chain and shard chains such as simple serialization, BLS and tree hashing libraries. This fund will be allocated to hire new developers and researchers to speed up ETH2.0 implementation progress. EOS, TRON, and Steem have a greater number of active dApps than Ethereum. These are the four contenders of the dApp race where Ethereum appears to be lacking. However, the overall crypto market in 2018 suffered a downfall, ETH has completely dropped in value — losing over 90 percent of its value compared to its all-time high. In 2019 Eth saw a good start in January, but slowly the value ... 90 Ethereum Apps You Can Use Right Now Aug 24, 2019 - ConsenSys; Ethereum Dapps oft aktualisiert – State of the Dapps; Ethereum DeFi Ecosystem oft aktualisiert - Defiprime; DeFi-Pulse Analytik + Rankings der DeFi-Protokolle - Defi Pulse; Einige Ethereum-Anwendungen benötigen eine Wallet - Erfahre hier mehr über Ethereum Wallets.

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Tutorial: How to Set Up a Local Moonbeam Node to Interact ...

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