Why is EOS so popular in China? Explains CEO imToken

Date:

2018-07-24 06:15:08

Views:

3852

Rating:

1Like 0Dislike

Share:

Why is EOS so popular in China? Explains CEO imToken Source:

Chinese startup imToken not very well known yet in the West, but the project managed to raise $ 10 million during the recent stage of crowdfunding. The company provides one of the largest cryptocurrency wallets with four million active users.

Recently imToken added support for EOS in your wallet. managed to know the opinion of the CEO of the company Ben Heh about the possibility of further spread of the cryptocurrency in China.

the

EOS popular in China

What motivated you to integrate EOS? Is it not first necessary to enable a more stable cryptocurrency?

Our service already supports ERC-20 tokens. The decision to integrate the mechanism for DPOS, EOS is the result of the wishes of our clients. We wanted to support those users who were looking forward to the core network cryptocurrency. As imToken is one of the largest Ethereum wallets, the interest of holders of EOS is completely natural. Besides the second largest market for imToken stands South Korea, where there is 24 per cent of all trading volumes in the EOS world.

As a coin are typical Chinese cryptomnesia and investors?

The Interest in EOS gain possession of the token. Some holders think the project is a great breakthrough in the industry. According to them, thanks to DPOS can make a quick, secure, and scalable cryptocurrency.

do You think EOS competitor to Ethereum? You treat all the news about the coins? Can the EOS community of the agreement on regulation of the blockchain?

EOS is a new technology. Its shortcomings is can be attributed to the fact that these are the first steps in this field. In China, many investors expect from the cryptocurrency great results and believe in its potential.

What other coins or features you plan to integrate in imToken in the future?

While we will be supporting a token EOS. In our wallet will only appear innovative and required our users of the cryptocurrency. We will also engage in developing mechanisms to maintain consensus in the blockchain.

There is still something you would like to share with our readers?

We open source our voting system. I think it will help other developers to create decentralized applications for ballots of holders of EOS.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Protection for Bitcoin: the insurance companies provide new services for the stock market

Protection for Bitcoin: the insurance companies provide new services for the stock market

a Major insurance company XL Group, AIG, Chubb and without much attracting attention, began to offer the service cryptocurrency insurance. According to sources , insurers just do not want «glow» the government and financ...

Time goes on: four reasons it's not too late to invest in Bitcoin

Time goes on: four reasons it's not too late to invest in Bitcoin

Reaching his maximum price in December, Bitcoin instantly attracted the attention of the General public. After the global correction cryptocurrency quickly disappeared from the news headlines and her popularity has fallen to recor...

G20: cryptocurrencies do not pose a threat to the world economy

G20: cryptocurrencies do not pose a threat to the world economy

In March, the summit of "Big twenty" (G20) for the first time the topic of cryptocurrencies and decided not to impose additional regulation of the coins. The final decision on this issue, the leaders promised to raise at the meeti...

When Bitcoin will rise to 8 thousand? The answer of experts

When Bitcoin will rise to 8 thousand? The answer of experts

last week above 7 thousand dollars and continues to move up. Today, the coin was offered $ 7,700. Despite the statement by some analysts that growth in the value of Bitcoin was a short-term phenomenon and is associated with the ma...

Cats and turtles: how CryptoKitties helps the wild

Cats and turtles: how CryptoKitties helps the wild

the Creators of the biggest games on the blockchain CryptoKitties has partnered with several organizations for the protection of the marine environment to create a rare cat . This instance is intended to draw attention to the prob...

The Winklevoss brothers invested 100 thousand dollars to the campaign of the Governor of new York. The journalists hint at a bribe

The Winklevoss brothers invested 100 thousand dollars to the campaign of the Governor of new York. The journalists hint at a bribe

the First Bitcoin billionaire brothers Winklevoss at the end of last year stated that you do not sell your coins even if the course is the first cryptocurrency to soar to 380 thousand dollars. Today it seems that this first crypto...

Brothers Winkelvoss invested 100 thousand dollars to the campaign of the Governor of new York. The journalists hint at a bribe

Brothers Winkelvoss invested 100 thousand dollars to the campaign of the Governor of new York. The journalists hint at a bribe

the First Bitcoin billionaire brothers Winklevoss at the end of last year stated that you do not sell your coins even if the course is the first cryptocurrency to soar to 380 thousand dollars. Today it seems that this first crypto...

What to spend money cryptomelane? Example lucky from China

What to spend money cryptomelane? Example lucky from China

Former seller of beef from Shanxi province Guo Hongqi is one of the first buyers of cryptocurrency in China. Like many newly minted Chinese millionaires Hongki acquires a property abroad for the withdrawal of their capital from th...

Report CME: futures trading volume of Bitcoin has grown almost twice

Report CME: futures trading volume of Bitcoin has grown almost twice

the Average daily trading volume on futures Chicago Mercantile Exchange (CME) grew by 93 percent in the second quarter of 2018. The company also reported that the number of open contracts for Bitcoin has increased by almost half. ...

Innosilicon presented ETHMaster A10 — ASIC for mining Ethereum. Differences from the Antminer E3

Innosilicon presented ETHMaster A10 — ASIC for mining Ethereum. Differences from the Antminer E3

early In the week, the first batch of Bitmain Antminer E3. The model appeared on the videos, as users shared the first reviews. Good comments — the actual Hasrat was 205 MH/s instead of 180. Now E3 has a competitor, and in three v...

Due to what Ethereum will be able to overtake Bitcoin? Expert commentary

Due to what Ethereum will be able to overtake Bitcoin? Expert commentary

Heads of the largest companies in the cryptocurrency market were optimistic in relation to the Ether than to Bitcoin — the first by market capitalization crypto-currencies. Over the past year about the coin Vitalik Buterin enthusi...

You can't deny the math: as Congressman Sherman has become the enemy of cryptocommunist number one

You can't deny the math: as Congressman Sherman has become the enemy of cryptocommunist number one

In the beginning of the week the U.S. Congress passed public hearings of the draft law on the status of the cryptocurrency. Strongly opposed the approval of digital assets expressed by Congressman brad Sherman in his words, the co...

The developers of Ethereum proposed to reduce the reward per block for the third

The developers of Ethereum proposed to reduce the reward per block for the third

In April, the conference of the community of Ethereum Ethereum Core Devs Meeting #40, which solution to reduce the cost of nodes with 1500 up to 32 coins. According to the Ethereum co-founder Vitalik Buterin, such a step would enh...

CRYPTOMACH / Idle miner Claymore's, 20 thousand dollars for advertising a Scam, divorce Ethereum Emerald and detention of the traders in Kostroma

CRYPTOMACH / Idle miner Claymore's, 20 thousand dollars for advertising a Scam, divorce Ethereum Emerald and detention of the traders in Kostroma

Summing up the coolest of the week, where we were asked to "20 thousand dollars" is questionable Detention. There were other events. Hashcoins datacenter thrown users for money, Claymore''s stopped working, but the Bitcoin exchang...

Vietnam will ban the import of ASIC miners. What is the reason?

Vietnam will ban the import of ASIC miners. What is the reason?

any news from Vietnam, and they are not about how successful miners and traders spend a vacation. Viet Nam prohibits the importation of equipment for mining on the territory of the country. No more ASIC miners, the government and ...

Coinbase will allow institutional investors to short sell crypto currencies

Coinbase will allow institutional investors to short sell crypto currencies

In March, scientists at the University of Aachen in the code, the largest U.S. crypto currency exchange Coinbase a security vulnerability that allowed users to transfer your balance to an unlimited number of tokens, Ethereum Now l...

Burning money: the growth of Bitcoin has led to the loss short positions at $ 180 million

Burning money: the growth of Bitcoin has led to the loss short positions at $ 180 million

Sunday for Bitcoin offer 7400 dollars. While signs of imminent collapse first cryptocurrency after its recent growth, like as not. At the same time from the high prices of digital assets to win not all — the growth of prices of co...

Price Tron dropped to a new level. Is it worth to buy?

Price Tron dropped to a new level. Is it worth to buy?

the Current price of Tron could be a good opportunity to buy alithina. Over the past two days, the coin dropped to 8 percent to the price level 0,035$. According to information analysts point to good technical and fundamental stre...

For the first time the police were able to confiscate bitcoins from a drug dealer and leave a part of yourself

For the first time the police were able to confiscate bitcoins from a drug dealer and leave a part of yourself

the Surrey Police became the first law enforcement Agency, who managed the cryptocurrency from a drug dealer. As usual, not without its amazing history. It is of interest that some of the money the police will keep it. the Citizen...

The virus

The virus "Saw" steal cryptocurrency via substitution cryptocell. How not to lose coins?

For information , cryptocommunist should be wary of a new type of malware. Hackers have revived extortionate Jigsaw virus that steals cryptocurrency users «simple but effective way». How not to lose your bitcoins for the...