create account

EOS21 Protocol Enables Token Transfers from Ethereum to EOS by matthewwarn

View this thread on: hive.blog |  peakd.com |  ecency.com
eos · @matthewwarn ·
$23.83
EOS21 Protocol Enables Token Transfers from Ethereum to EOS
<center>![](https://cdn.steemitimages.com/DQmedv9iDj5pfgnMYjtSVbohghGSe5XSHoNhkoGJNenVFxY/image.png)</center>

shEOS has recently created a platform that allows for the transfer of tokens from the Ethereum blockchain onto the EOS blockchain.

https://github.com/sheos-org/eos21

They are calling it "Teleportation" and it works by effectively destroying the tokens on the original chain (In this case ETH) and creates identical ones on the new chain (EOS). The process ensures that you cannot end up with duplicate coins on both chains.

In a recent shEOS post:

>“Recently, the importance of one specific development has become clear to us, and that is inter-blockchain communication and interoperability. […] How empowering would it be for developers to have freedom to move their tokens to any chain they wanted to? To any chain they felt best addresses the needs of their particular project. It’s widely known that each blockchain offers certain qualities that make it more appealing depending on the needs of the dApp developer.”

If this works, it would make the exodus from the endlessly clogged ETH platform to EOS even easier.  Interesting times.

@matthewwarn

To invest in Mene24k Gold Jewerly click [Here](https://mene.com/invite/zf88CR)
To open your own BitShares account, click [Here](https://wallet.bitshares.org/?r=odintrading1)
To open your own Binance account, click [Here](https://www.binance.com/?ref=35012856)

<center>![steemsilvergold_logo_by_pawos-1.jpg](https://cdn.steemitimages.com/DQmNMMTRiQvEMBqkDiHphH4HRkcBvZDVARazuzRMNgnbi3Q/steemsilvergold_logo_by_pawos-1.jpg)</center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
properties (23)
authormatthewwarn
permlinkeos21-protocol-enables-token-transfers-from-ethereum-to-eos
categoryeos
json_metadata{"tags":["eos","eosio","sheos","eth","btc"],"users":["matthewwarn"],"image":["https://cdn.steemitimages.com/DQmedv9iDj5pfgnMYjtSVbohghGSe5XSHoNhkoGJNenVFxY/image.png","https://cdn.steemitimages.com/DQmNMMTRiQvEMBqkDiHphH4HRkcBvZDVARazuzRMNgnbi3Q/steemsilvergold_logo_by_pawos-1.jpg"],"links":["https://github.com/sheos-org/eos21","https://mene.com/invite/zf88CR","https://wallet.bitshares.org/?r=odintrading1","https://www.binance.com/?ref=35012856"],"app":"steemit/0.1","format":"markdown"}
created2018-10-29 00:59:24
last_update2018-10-29 00:59:24
depth0
children6
last_payout2018-11-05 00:59:24
cashout_time1969-12-31 23:59:59
total_payout_value18.101 HBD
curator_payout_value5.727 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,602
author_reputation105,503,086,430,494
root_title"EOS21 Protocol Enables Token Transfers from Ethereum to EOS"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id74,243,291
net_rshares20,593,124,971,697
author_curate_reward""
vote details (54)
@conceptskip ·
$0.04
Wow, that's impressive! Are there any fees involved for using this service?
👍  ,
properties (23)
authorconceptskip
permlinkre-matthewwarn-eos21-protocol-enables-token-transfers-from-ethereum-to-eos-20181029t070133859z
categoryeos
json_metadata{"community":"busy","app":"busy/2.5.6","format":"markdown","tags":["eos"],"users":[],"links":[],"image":[]}
created2018-10-29 06:58:24
last_update2018-10-29 06:58:24
depth1
children1
last_payout2018-11-05 06:58:24
cashout_time1969-12-31 23:59:59
total_payout_value0.030 HBD
curator_payout_value0.008 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length75
author_reputation3,288,745,933,815
root_title"EOS21 Protocol Enables Token Transfers from Ethereum to EOS"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id74,257,371
net_rshares33,875,972,622
author_curate_reward""
vote details (2)
@matthewwarn · 
I didn't see a mention of fees on their post or in the info on GitHub.
properties (22)
authormatthewwarn
permlinkre-conceptskip-re-matthewwarn-eos21-protocol-enables-token-transfers-from-ethereum-to-eos-20181029t112700112z
categoryeos
json_metadata{"tags":["eos"],"app":"steemit/0.1"}
created2018-10-29 11:27:00
last_update2018-10-29 11:27:00
depth2
children0
last_payout2018-11-05 11:27:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length70
author_reputation105,503,086,430,494
root_title"EOS21 Protocol Enables Token Transfers from Ethereum to EOS"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id74,269,685
net_rshares0
@eosboss · 
Can't wait to see the first Dapp that transfers over to EOS by using EOS21.
properties (22)
authoreosboss
permlinkre-matthewwarn-eos21-protocol-enables-token-transfers-from-ethereum-to-eos-20181104t011054059z
categoryeos
json_metadata{"tags":["eos"],"app":"steemit/0.1"}
created2018-11-04 01:10:54
last_update2018-11-04 01:10:54
depth1
children0
last_payout2018-11-11 01:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length75
author_reputation7,644,435,628
root_title"EOS21 Protocol Enables Token Transfers from Ethereum to EOS"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id74,632,275
net_rshares0
@knircky ·
$0.21
Does this work the other way around?
👍  ,
properties (23)
authorknircky
permlinkre-matthewwarn-eos21-protocol-enables-token-transfers-from-ethereum-to-eos-20181029t043606334z
categoryeos
json_metadata{"tags":["eos"],"app":"steemit/0.1"}
created2018-10-29 04:36:03
last_update2018-10-29 04:36:03
depth1
children1
last_payout2018-11-05 04:36:03
cashout_time1969-12-31 23:59:59
total_payout_value0.158 HBD
curator_payout_value0.051 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length36
author_reputation212,905,587,244,262
root_title"EOS21 Protocol Enables Token Transfers from Ethereum to EOS"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id74,251,509
net_rshares180,027,052,243
author_curate_reward""
vote details (2)
@matthewwarn · 
I don't think that is part of this release, but I don't see why that couldn't be done from a technical standpoint with EOS.  Seeing as how shEOS is a standby EOS BP trying to get into the Top 21, its not really in their best interest to put that tool out there in reverse.
properties (22)
authormatthewwarn
permlinkre-knircky-re-matthewwarn-eos21-protocol-enables-token-transfers-from-ethereum-to-eos-20181029t112902396z
categoryeos
json_metadata{"tags":["eos"],"app":"steemit/0.1"}
created2018-10-29 11:29:03
last_update2018-10-29 11:29:03
depth2
children0
last_payout2018-11-05 11:29:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length272
author_reputation105,503,086,430,494
root_title"EOS21 Protocol Enables Token Transfers from Ethereum to EOS"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id74,269,785
net_rshares0
@ssg-community · 
Thank you for your continued support of SteemSilverGold
properties (22)
authorssg-community
permlinkre-matthewwarn-eos21-protocol-enables-token-transfers-from-ethereum-to-eos-20181029t011724792z
categoryeos
json_metadata{"tags":["eos21-protocol-enables-token-transfers-from-ethereum-to-eos"]}
created2018-10-29 01:17:24
last_update2018-10-29 01:17:24
depth1
children0
last_payout2018-11-05 01:17:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length55
author_reputation94,484,693,229,613
root_title"EOS21 Protocol Enables Token Transfers from Ethereum to EOS"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id74,243,984
net_rshares0
Help/Feedback