EOS Plans for 2020: What to Expect

EOS Plans For 2020 – What To Expect From This Blockchain Project This Year?

EOS, one of the largest cryptocurrencies in the market, is currently planning to continue growing in 2020. While 2018 and 2019 were not good for the price of this cryptocurrency, there were major events that helped EOS remain among the top 10 largest cryptos in the space. We will be sharing which things would be taking place on the EOS network and how it would be possible for it to remain one of the most important cryptocurrencies in the world

Understanding EOS

EOS was created as a blockchain network in which companies, developers and users can easily run smart contracts, create tokens such as on the Ethereum (ETH) network, and run decentralized applications (dApps). This is a competitor of Ethereum and Tron (TRX). The main difference between EOS and other blockchain networks in the market is the fact that EOS focuses on usability rather than decentralization. At the same time, the network wants to reach a certain level of governance that other blockchain networks do not have and may never achieve.

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At the same time, this cryptocurrency network has been adopted by several crypto firms that aimed at having a better presence in the market. Moreover, many of these companies are currently offering users the possibility to have better access to digital assets and to the whole crypto market.

Governance Improvements

Some of the plans that EOS could have for 2020 include governance improvements. This means that users may have a more participation in the network and improving some of the issues that arose in the past. For example, exchanges all over the world may help users participate in the whole governance process by allowing them to select the block producers in the market. Binance and Coinbase are already allowing users to stake some coins and participate in these blockchains on a daily basis. Thus, EOS will have to work on closely with exchanges and other companies in the market in order to expand its solutions. Although there are many issues that EOS must solve regarding its governance system, it is at the forefront of the market.

Decentralized Applications

Improving the quality and reach of decentralized applications is an important thing to do for EOS. If it is able to do so, then a larger number of individuals may be able to be part of this network and enjoy the benefits of EOS for the long term. Decentralized applications are currently expanding in Ethereum and Tron and EOS must show it is at the top of the market with great solutions provided to users. For example, EOS did a good job with gambling decentralized applications and it can do much better in 2020 with other dApps. It would be very interesting to see whether it will be possible for developers or companies to create a decentralized exchange that would run smoothly and offer great solutions to traders and users. Although this is something difficult to do, it may be very useful for traders, users and the entire crypto market.

Trading EOS

It is possible to trade EOS through a large number of crypto exchanges and platforms. This makes it easier for investors to have exposure not only to the whole crypto market but also to EOS and its ecosystem. AtlSignals, one of the most popular crypto trading signals providers in the market is going to provide great insights about when to enter or leave the market. The signals shared by AltSignals include EOS trading pairs. This would not only allow you to better plan your trading strategies, but it would also allow you to improve your profits and exposure to the market. At the time of writing this article, EOS is the 8th largest cryptocurrency in the market with a valuation of $3.52 billion and a price per coin of $3.83.

Conclusion

EOS is one of the most popular crypto networks in the market. Developers are working in order to expand the services provided by this network and how users can benefit from it. In the future, there may be new developments that would help EOS remain a top 10 cryptocurrency. With AltSignals it will also be possible to increase the exposure to EOS and the crypto market by getting information about when to enter or live the space.

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