global 706 crypto neutral
Yves La Rose, the CEO of the EOS Network Foundation, recently shared his insights into the evolution of EOS, its technical advancements, and the challenges it faces in the latest episode of CryptoPotato’s podcast. La Rose began his foray into the crypto realm in 2010 and returned in 2017 to become associated with EOS. He highlighted the success of the EOS ICO, which raised more than $4 billion, but also pointed out unmet commitments by Block.one, the entity behind the project. This led to the funding of the EOS Network Foundation in 2021.La Rose discussed the EOS network’s EVM (Ethereum Virtual Machine) compatibility, which bridges the gap between different chains. He also highlighted the upcoming hard fork aiming for “instant finality,” reducing the finality time between chains to just a few seconds. Combined with work on infinite scalability, this will allow for numerous instances communicating trustlessly, eliminating third-party bridges.La Rose acknowledged the need to catch up in marketing and branding, as well as the fluctuating token price which impacts the foundation’s budget. However, he remains optimistic about EOS’s ability to rise in the ranks. For those eager to delve deeper into the EOS Network Foundation’s plans and vision, the full podcast episode offers a wealth of knowledge.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries 🇨🇦 🇺🇸
Sentiment neutral
Relevance Score 8
People Block.one, Ethereum, Yves La Rose
Companies PrimeXBT, Ethereum, EOS Network Foundation, Binance, Block.one
Currencies EOS, BUSD, Ethereum, Bitcoin
Securities None

Leave a Reply