EOS Updates Have 'Nearly Tripled Sustained Throughput on Testnets': Dan Larimer

Daniel Larimer, the Chief Technical Officer (CTO) at Block.one, has revealed that “recent updates” to the EOS network code have “nearly tripled sustained throughput on large testnets.”

EOS, one of the world’s largest platforms for building and deploying decentralized applications (dApps), has seen more than 131,000 users spend over $18.8 million (appr. 3 million EOS tokens) on EOS-based dApps in the past 24 hours.

This, according to data from DappReview (@dapp_review), which revealed that the top 3 EOS dApps accounted for around $8 million in EOS tokens being spent.

“Thousands Of Major And Minor Players” Will Participate On EOS Network

Responding to a question about whether the 21 block producers may one day include large tech firms such as Google, Amazon, among others, Larimer said that he envisions “thousands of BPs, running thousands interconnected chains hosted by major and minor players.”

Interestingly, Larimer has predicted that blockchains will “replace the vast majority of traditional databases and business logic.” During this transition, the Block.one CTO thinks EOS will play a leading role in helping firms and organizations migrate their legacy systems over to decentralized platforms.

Centralized Systems “Take Advantage Of The Prisoner’s Dilemma”

According to Larimer:

Centralized systems take advantage of the prisoner’s dilemma whereby individuals defect for private savings at expense of group freedom. Breaking this dilemma requires individuals to value principles over profit or centralized enforcement of decentralized systems. A paradox.

In response to Larimer’s comments regarding the inherent problems with centralized platforms, Twitter user Adam Dorfman (@AdamDorfman00) asked whether the crypto pioneer would “accept an answer” to the paradox, even if “he’s not the one who thought of it.”

"I Have A Long History Of Changing My Opinion With New Info"

Larimer remarked:

I try to accept or consider all ideas and have a long history of changing my opinion with new info.

Last month, Larimer had claimed that delegated proof-of-stake (DPoS)-based blockchain networks could be upgraded more easily when compared to proof-of-work (PoW)-powered crypto platforms.

Per the BitShares and Steem founder’s words:

Proof of work becomes completely centralized when quantum leap in computation or algo is discovered... dpos stays decentralized regardless of technological developments.You can fork dpos easily, but creating a new resistant proof of work is very difficult.”

You Can Soon Start Earning BTT and USDT for Seeing Ads on TRON TV

  • Justin Sun tweets that TRON TV will pay users in BTT and USDT for watching advertisements.
  • New platform allows users to stream content through the tron wallet. 

Justin Sun and the Tron Foundation have announced that viewers of TRON TV can earn BitTorrent tokens (BTT) and TRC-based USDT for watching ads on the platform. 

TRON TV Pays Users to Watch Ads

According to a tweet published by Sun, TRON TV is paying users to watch advertisements in the form of BTT and Tether’s TRON-based version of the USDT stablecoin.

Sun tweeted out a link to TRON TV last week, telling TRX users to join “millions of other viewers.” TRON’s founder also said that the platform would be adding licensed content in the near future, in addition to the recently announced feature to pay users for viewing advertisements. 

According to South Korean news outlet Coincode, TRON TV is a way for the TRON Foundation to expand its influence by tackling the business of content delivery. TRON was originally outlined as a revolutionary, multifocal crypto platform in its white paper that would disrupt the existing framework of entertainment, including television and gaming. 

Users can gain access to TRON TV directly through the TRX wallet or by visiting the officially licensed website. 

Featured Image Credit: Photo via Pixabay.com