Well-known venture capitalist Peter Thiel and company Bitmain headed a new round of strategic investment in the company Block.one, the publisher blockchain Protocol EOSIO.
https://t.co/LgcclYjBIb Closes Strategic Investment Round Led by Peter Thiel and Bitmain https://t.co/aM7aFuwyDE
— EOS (@EOS_io) 16 July 2018
Investments, which exact amount was not disclosed, came from two other private investors in the person of the founder of Moore Capital Management Louis bacon and billionaire Alan Howard.
Earlier in the Block.one invested Christian Angermayer, Lansdowne Investment Company Ltd and Galaxy Digital Mike Novogratz.
“Protocol EOSIO is an excellent example of blockchain innovation. Its performance and scalability can meet the needs of the most demanding custom applications and open the way for mass adoption of the blockchain”, — said the head of Bitmain Jihan Wu.
EOSIO underlies the EOS platform provides developers with the ability to design the business logic that is compatible with consensus algorithms that require determinismo performance. Depending on the specific application, EOSIO can use two different engine based Web Assembly — Binaryen and WAVM. At the moment the throughput of the blockchain EOS is 1000 transactions per second, and the next versions of updates available that will allow the business to scale horizontally.
The first version of the software for blockchain EOSIO 1.0 developers Block.one introduced at the beginning of June. Later in the same month, the chief operating officer and President of the company was held by the former chief financial officer Australian Commonwealth Bank Rob Jesudason.
Note that the new investments in the Block.one went after the company closed the largest cryptocurrency industry ICO, gathered in the course which lasted from the summer of last campaign record $4 billion.
The underlying platform token EOS with a market capitalization of $6.9 billion, is ranked fifth in the ranking of digital assets CoinMarketCap.