Hot Coins π₯ EOS, Loopring & Power Ledger
EOS (EOS.IO) - EOS is building a network that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This will include accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. The team is announcing a VC partnership this week and also provides incentive to hold with the announcement that they will airdrop tokens that debut on the network into the wallets of EOS holders, beginning with Everipedia. This is a long term hold, as the 365 day crowdsale is still underway and the main net network going live this summer. EOS trades at $12.80 on Binance currently.
LRC (Loopring) - Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reducing the cost of trading. At the moment, Loopring is a project for a decentralized ERC20 token exchange. The first public blockchain is Ethereum, but other blockchains with smart contract capability, such as NEO and Qtum, will also be supported in a similar way in the future. Pooling the liquidity of cryptocurrencies is a topic of increasing importance as decentralized projects seek to move away from central exchanges. LRC is a similar project to ZRX and has taken a big dip lately, it trades as $1.01 on Binance today
POWR (Power Ledger) - Power Ledger is a distributed ledger for a distributed energy system. The Power Ledger Platform permits peer-to-peer energy trading by tracking the generation and consumption of all trading participants. It settles energy trades on pre-determined terms and conditions in near real-time. POWR is an ERC-20 token that will provide access to the network. Power Ledger is set to run all applications on a new smart city project, Fremantle. Fremantle will be built in Australia, using highly resilient, low-carbon and low-cost systems installed and connected through blockchain technology. POWR offers a targeted use case with a massive potential as we move towards a greener future, and trades at $1.04 on Bittrex and Binance..
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