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EOS Governance takes a hit; Brendan Blumer assures further growth; PredIQt development update

Brendan Blumer is the CEO and co-founder of Block.one. Together with Daniel Larimer, they have been instrumental in making EOS.IO a prominent entity in the market. However, just like Litecoin, the EOS network has been criticized in the recent past. While Charlie Lee received flak for slow development, the developers of EOS are yet to answer questions associated with centralization and the governance model utilized.

A day ago, he had proclaimed, “EOS is a global token democracy governed by its holders. It’s designed to evolve with its user base without prioritizing race, nationality or religion”

The team from PredIQt had published a report which details the work done with regards to the development of the platform at hand. The primary goal is to become the most user-friendly prediction market built on EOS. The UI update includes:

  • simplified core attributes
  • the introduction of user profile pages
  • clearer explanations of numerous market options
  • refurbished brand identity

In case of Oracle updates, here are a few things you should check out:

  •  compatibility with all sorts of EOS oracles
  • PredIQt core multi-sig oracle
  • Integration of Delphi Oracle

The security has been heightened, and issues related to the UI have been addressed. The PredIQt Bank has been a key focus of the developers.

EOS is ranked at #8, beneath Binance Coin and Tether but above Bitcoin SV in the market. The price plummeted at a rate of 0.77% in the course of the past 24-hours. The trading volume recorded is $1.355 billion, while the supply has 928,886,653 EOS coins in play. As of this moment, EOS is priced at $3.62. At present, the total market cap of EOS is $3.363 billion.

 

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