Question 1

How is the price of eosBLACK (BLACK) today?

Accepted Answer

eosBLACK's current price is £ 0.00010045. In the last 24 hours, the price of eosBLACK increased by +0.00%%.

Question 2

What is eosBLACK (BLACK)?

Accepted Answer

eosBLACK is a multiverse platform that aims to contribute to the expansion of EOSIO decentralized applications (DApps) through a unique collaborative environment known as the 'Crypto Factory'. Its primary goal is to revolutionize the structure of existing blockchains, overcoming limitations such as hard fork due to bifurcation of consensus and governance, inadequacy of consensus algorithms for large-scale transactions, burden of DApp building costs on developers, and entry barrier due to a lack of understanding about coin economy. In essence, eosBLACK is working towards establishing EOSIO as the "Android of Blockchain".

Question 3

Who are the creators of eosBLACK?

Accepted Answer

The creators of eosBLACK have not been explicitly identified on their website. However, it is clear that the team behind this project is dedicated to leveraging the benefits of the EOSIO platform to enhance DApps' development and usability. They have a unified vision of advancing the blockchain technology to overcome its existing flaws and deliver optimal benefits to developers and users.

Question 4

How does eosBLACK work?

Accepted Answer

eosBLACK operates on the EOSIO platform, known for its advanced blockchain protocol capable of conducting millions of transactions per second, eliminating user fees, and facilitating quick and easy deployment of decentralized applications. eosBLACK brings together a community of developers, entrepreneurs, and blockchain enthusiasts under one roof by providing them a conducive environment called 'Crypto Factory'. This platform aims to lower entry barriers and development costs, thus facilitating the growth and expansion of DApps.

Question 5

What makes eosBLACK unique?

Accepted Answer

eosBLACK's uniqueness stems from its innovative approach to tackle the structural limitations of existing blockchains that hinder the growth of DApps. Unlike traditional platforms, eosBLACK equips developers with tools and resources needed to build and launch DApps without bearing hefty costs or facing complex obstacles. It also focuses on simplifying the coin economy structure, reducing entry barriers among non-developer participants. At its core, eosBLACK's vision of EOSIO as the "Android of Blockchain" inspires it to drive forward with a unique approach to using blockchain.

Question 6

How is eosBLACK different from other EOSIO DApps?

Accepted Answer

eosBLACK is set apart by its focus on community collaboration and its approach to lowering the entry barriers for developers and other participants. While many EOSIO DApps tend to focus solely on the development and execution of applications, eosBLACK extends its scope to also consider the economic implications of its blockchain technology and foster a more inclusive, accessible environment for participants of all backgrounds.

Question 7

What is eosBLACK's market capitalization?

Accepted Answer

The market capitalization of eosBLACK is £  and it holds a rank of #1 among all cryptocurrencies.

Question 8

How much eosBLACK (BLACK) is in circulation?

Accepted Answer

The circulating supply of eosBLACK is , out of a total supply of 3.0B.

Question 9

What are the exchanges where eosBLACK can be bought?

Accepted Answer

eosBLACK can be purchased on the following exchanges as per the latest data: Bithumb. Ensure to conduct thorough research before making a purchase decision, to make sure that the exchange you choose is safe and trustworthy.

Question 10

How can one keep their eosBLACK safe?

Accepted Answer

It's essential to adopt safe security practices while dealing with cryptocurrencies like eosBLACK. One common method is using hardware wallets that store the user's private keys offline, making it hard for hackers to access them. Additionally, regular updates of wallet software, strong password practices, and vigilance against phishing scams are strongly recommended to ensure the safety of your eosBLACK holdings. Remember, it's important to do your own research and take full responsibility for the security of your assets.

Convert BLACK to GBP

Try our Crypto Pro app