EOS Rewind #4
What happened in EOS in 2024?
Welcome to Hoken Tech
As another year draws to a close, as usual, the startup Hoken Tech has prepared a recap of the events on the EOS blockchain over the past year, showcasing its dedication to keeping all users informed and serving as a reference point — especially for the Italian community.
January
- 03 — EOS Network Ventures (ENV), promoted by the EOS Network Foundation (ENF), invested $500,000 in the EZ Swap project.
- 04 — The release of Leap v5.0.0 introduced numerous improvements to the EOS blockchain and the corresponding EOS EVM, enhancing the speed of contract execution by 5x, reducing system memory usage by 20%, and more improvements available here.
- 10 — Another investment from ENV, this time in the NoahArk project DeFi initiative, amounting to over $2 million. This demonstrated their commitment to supporting key and important projects to drive the blockchain’s growth.
February
- 20 — On the development side, Leap is rebranded as Spring (Antelope Spring 1.0), introducing the new consensus algorithm called Savanna. This update delivers speeds 100x faster than the previous version and significantly reduces the finality time (finality is the time required for a block to become irreversible). Previously, it was about 120 seconds; this update reduces it to 0.5 seconds — scheduled for release at the end of July.
- 22 — Mercado Bitcoin announced the integration of the EOS cryptocurrency on its platform, enabling the Brazilian EOS community to buy and sell this asset.
- 27 — As we’ve come to expect in the blockchain world, criminals continue to target people and projects, siphoning off millions of dollars. However, they didn’t anticipate the Recover+ protocol on EOS, which allows participating projects to promptly intervene, freeze criminal accounts, and recover funds. For example, following an attack on Paycash, the protocol successfully recovered 2 million EOS, demonstrating the blockchain’s security against such threats.
- 28 — The Greymass team launches the Droplets system that allows you to manage NFTs through RAM, in fact these NFTs are supported by the RAM behind them, allowing you to create other solutions on the same, such as video games, and the first to use this system is Shipload
- 29 — DWF Labs, announces the launch of “Liquid Markets” an OTC compliance platform, where among the various tokens there is also EOS
March
- 06 — Improvements to the RAM system on the blockchain make resource management more efficient. It is now possible to transfer RAM between accounts, and this resource can now also be utilized in DeFi applications.
- 08 — Greymass officially launched Shipload.
- 27 — The exSat Network project was announced — a Bitcoin layer utilizing the EOS blockchain as its foundation, making the system faster, cheaper, and more secure for transferring Bitcoin. It also enables the creation of other applications, such as Bitcoin DeFi or Bitcoin-based videogames.
- 29 — The launch of ESCC (EOS Stable Coin Chain), a public blockchain based on EOS and the EOS EVM, specifically designed for stablecoins.
April
- 15 — New tokens and assets have emerged from RAM’s expansion on EOS, such as BRAM from DeFiBox, and more recently, WRAM, supported by EOS’s block producers.
- 28 — The EOS community began exploring ideas for a new tokenomics system for the blockchain. Discussions included reducing the inflation rate by 80%, enabling EOS to have a finite capped supply of 2.1 billion tokens.
May
- 01 — Hoken Tech published a guide on how to notarize documents using the EOS blockchain.
- 15 — The Cea Foundation reaffirmed Hoken Tech as its technical partner for the creation of NFTs for the Michele Cea award, all developed on the EOS blockchain.
- 26 — The launch of the Savannah testnet platform included a blockchain-based video game developed by Hoken Tech, which was a significant success.
- 29 — The Italian startup Hoken Tech was recognized as one of Europe’s top Web3 startups. To celebrate, it showcased its blockchain game on the EOS network in Split, Croatia.
- 31 — The new EOS tokenomics was officially announced: inflation is abolished, the new fixed supply is set at 2.1 billion, and a halving system will be implemented, along with new incentives for staking EOS on the blockchain.
June
- 04 — Hoken Tech was invited to University of Bari, Computer Science Department, to share blockchain development expertise. Students created a dApp on the EOS blockchain during the event.
- 07 — The Greymass team was rewarded with 5 million EOS for their significant contributions to the EOS blockchain over the years.
- 08 — EOS blockchain celebrated its 6th anniversary — its genesis block was created on June 8th, 2018, at 08:08:08.
- 18 — Hoken Tech participated in a smart cities event hosted by the municipality of Turin.
- 26 — Kind Hero, the official blockchain-based videogame for the MolFest event, was developed by Hoken Tech and praised by the city administration of Molfetta and its mayor.
July
- 08 — EOS announced a staking program of 250 million EOS for upcoming years, available to those staking their EOS on REX.
- 11 — An update to the EOS blockchain was announced for September 25th.
- 17 — Updates to REX reduced the unstaking period to 21 days, with millions of EOS set to be distributed over the next 10 years (updated guide here).
August
- 14 — A new airdrop for ZEOS was announced.
- 15 — The RC1 version of Antelope Spring was released, featuring key improvements for the EOS blockchain, expected to go live in about a month.
- 29 — The Greymass team demonstrated instant finality on the test network for the first time.
September
- 05 — For the second consecutive year, Hoken Tech was ranked among the top 100 startups in Italy.
- 12 — The MSIG proposal for the next EOS update was approved.
- 20 — Major crypto exchanges confirmed their support for the upcoming EOS blockchain update.
- 25 — EOS celebrated a critical update to its blockchain, bringing a new consensus algorithm, instant finality, and other innovations (read more here).
October
November
- 11 — EOS updated its historic Chestahedron logo to a more modern design, reflecting its recent advancements.
- 15 — Crypto exchange Coinbase launched its index featuring 50 cryptocurrencies, including EOS.
December
- 03 — The Dirty Drop Studio videographer’s stunning collection of “talking paintings” was tokenized on the EOS blockchain by Hoken Tech.
- 05 — Bitcoin price hit $100,000 for the first time.
- 05 — A new partnership between ENF and Ceffu enables institutions to access multiple assets, including EOS.
- 19 — EOS was integrated with MetaMask, thanks to the Greymass team support and their Unicode platform, making it possible to gift EOS accounts via MetaMask.
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