NEO, Monero (XMR), and EOS: Sound Off


Coins are up and coins are down. Where does NEO, Monero (XRM), and EOS sit on the scale?


NEO is currently selling for $76.45, which puts the coin down 2.33% in the past 24 hours.

Source: CoinMarketCap

Although NEO is currently down for the day, the coin is up by nearly 60% for the past month, so overall the coin has been growing. Does NEO’s staggering growth lately mark a reversal in fortune or will the coin return to making gains once more?

NEO’s growth may have halted for the time being, but the platform is showing off its usefulness. Several days ago, the blockchain-based space exploration game Parsec Frontiers announced it will be basing its infrastructure and token assets on the NEO blockchain. The game will also be using the Ethereum standard for its token sale, which is happening on May 15th.

NEO also tweeted out that its Game Development Competition was officially on.

The English instructions aren’t yet out, but they’re coming soon.

>> NEO Joins the Abra Family

Monero (XMR)

Monero (XMR) is currently selling for $221.54, which puts the coin down 1.70% in the past 24 hours.

Source: CoinMarketCap

XMR is up for the month, however, having grown 28% in the past four weeks.

The blockchain startup Circle, a crypto payment platform, has added Monero to its list of coins, along with Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, and Zcash. Circle offers the Circle Invest app, which allows for zero commissions on crypto transactions.

In a more negative light, however, another Coinhive hacker attack has hit computers. Coinhive is a malicious mining software that mines Monero (XMR) from people’s computers without them knowing. The software exploits a vulnerability in the Drupal content management system that some web-based applications have. In what is known as “cryptojacking”, software programs like this use the victim’s processing and computing power to mine cryptocurrency.

>> Coinhive Attacks YouTube


EOS is currently selling for $18.22, which puts the coin up 1.41% in the past 24 hours.

Source: CoinMarketCap

EOS has grown an incredible 206% in the past month and the coin continues to remain strong. With the EOS mainnet launch approaching, it’s little wonder as to why.

EOSIO Dawn 4.0 launched on May 4th. Since EOSIO Dawn 3.0, released about a month ago, the EOS team has been working on cleaning up the EOSIO software and making it more stable. One of the biggest changes for Dawn 4.0 is the change in definition for the current time, which has gone from “time of head block” to “time of current block”. Other changes include a new RAM allocation model and an upgrade to the DPOS last irreversible block.

Are you excited about the progress that EOS is making or are you a skeptic of the project?

>> The New York Stock Exchange Might Start Trading Bitcoin

Featured image: Free-Photos via Pixabay

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