i can't get a straight answer out of any of the normal eos social channels because everyone is obsessed with protecting their tokens.
so please don't let me down, user:
how easily will groups be able to create EOS blockchains? If we don't like the 21 block creators of the main block chain, can we start our own chain with our own 21 block producers? Can me and my friends/family start our own EOS chain and distribute tokens independently from the eth snapshot? Can an industry like the healthcare industry pick the top 21 companies to produce blocks and start their own healthcare blockchain using the EOS software??
Adrian Lewis
you'll be able to independently create your own chain, like how you can with ethereum
John Russell
Yes, yes and yes
Asher Taylor
first of all dpos is much less centralized because you arent deadling with 4-5 mining pools controlling everything. You have 21 points of contact and people can vote on them.
Secondly it will be basically ethereum, with obscene transaction speeds, but rather than staking coins you are leasing land (bandwidth) to people building on the eos chain. And yes anyone can create their own chain with EOS.
Furthermore block one secure 1 billion in vc funding, not for EOS, but proects built upon EOS to get funding directly through block.one instead of via an ICO.
So how do they distribute those coins if not via ICO? Airdrops to EOS holders proportionally.
This is the greatest project I have seen imo. It will be remarkable.
Landon Evans
This is good information because I didn't know block one is going to fund projects directly and have those projects airdrop to EOS token holders. I mean I've heard mention of this but I'm going to look into it more.
Okay you have helped, but one more thing:
Do you anticipate Cardano releasing their computational layer either before or very close to the June 1st launch of EOS? Or will Ethereum try to steal EOS thunder by announcing the start of their POS?
In other words, what do you think competitors will do to detract from the EOS hype this spring??
Ian Powell
cardano normies will flock to EOS once their academic project fails to deliver anything different.
Elijah Miller
EOS is the greatest technological advancement in the crypto space yet... it's cutting edge and dan larimer is a fucking genius
Thomas Thompson
You know the 21 people can all be the same guy right?
Caleb Hughes
eos is silly. adds trust for no reason with a meme tier algorithm.
eth can scale infinity with pos and sharding, plus has more users, more dapps, more oracles, and .
eos is like if today i spun up a new version of the internet, and tried to complete with the internet because i implemented a feature that doesn't come out on the main internet (eth) until 2019. only, the feature i added has critical flaws that are not flawed on the main internet.
Thomas Walker
Sorry, not defending EOS here but you know that eth can't actually handle most useful Dapps because of its VM right? Even when they finally switch to POS it still won't be able to unless they seriously update the VM.
Hunter Cruz
yeah thats why bitfinex created EOSfinex huh? if it wasn't good they wouldn't of done that. they did it for ETH too but them doing it for both says EOS is ETH's main competition, not ADA or other shitty competitors.
EOS is the only token that can bring eth down and the attractive price it's at right now with all the different features makes it highly likely it will do great. all the mETH heads will be jumping ship cause EOS has no dictator like ETH has vitalik. ETH is centralized because Vitalik makes all the decisions, in EOS the witnesses/blockproducers voted by the community make the decisions, that of which there are more of
Isaac Cooper
Ethereum and Bitcoin are both last generation technology that will be replaced by better things before they ever figure out how to fix their shit. Bitcoin might still be used as a store of value type of thing but ethereum doesn't even have that going for it. It's already being outclassed by NEO. Ethereum is the netscape of the blockchain. Market share doesn't mean shit if you can't keep pace with tech advancements
Jace Phillips
Of course, yes But building networks is hard, so almost all attempts will be irrelevant (from an investment point of view)
Blake White
Competition is non existent
EOS multi threaded, everything else single threaded.
Its over
Jaxon Davis
exactly. i understand bitcoins value cause everything is tied to it, it was the very first, and it's ol' reliable like gold. boomers like it the most out of all coins. but eth is already a step away from all of that so if you're gonna step away from bitcoin into the best tech, you better keep on stepping each time new better tech comes out. bitcoin is the only coin you dont have to move from if you dont wanna. alt coins dont have the reliability aspect that bitcoin does so you gotta keep upgrading your portfolio to the best tech
Cooper White
>>>Cont
and currently, EOS is the best tech for it's sector. one day when something better comes out, we will switch to that from EOS. ETH's days are numbered due to vitalik keeping it centralized by making decisions like bailouts (DAO hack)
Ian Reed
you fuckers are still talking about EOS ADA ETH NEO? yet no mention of NAS? haven't heard of it yet or don't want in on this year's ETH/NEO?
Connor Allen
i'll keep going with some questions.
EOS will have the backing of the 6th highest volume exchange, Bitfinex. Plus the ex CEO of the 4th exchange, Bithumb. Does this impress anyone, or is Bitifinex just trying to stay relevant or grab headlines?
Also, stepping onto the next best technology is a major problem. People move on from facebook to snapchat, from netscape to chrome, so why wouldn't everyone move away from EOS once the next blockchain is released? I feel like EOS hype is pretending that blockchain infrastructure can be harnessed as if you could patent the internet.
Thomas Fisher
why dont you fill us in?
Kayden Lopez
2 founders of NEO. Built Alibaba financial blockchain. Devs worked everywhere from senior google software engineers to alibaba devs to air bnb etc. Will rank dApps like how google does/used to with PageRank. will self-evolve so no forks ever. not going to do all your research for you go look it up
Ethan Perez
Sounds interesting but This is the year of EOS. Maybe next year rank 69 will win out but EOS has so much attention right now and everyone will be fomo'ing in. I mean dude were comparing a 297 million dollar market cap to a 6.3 bllion market cap coin. Nebulas doesn't have EOSfinex
Benjamin Baker
and what about NEBLIO and NULS? No marketing but both teams are diligently working on their products. Do these projects seem promising to people over here?
Adrian Martinez
You are a retard. Rank 69 and low cap means more room for growth. A dApp platform that incentivizes devs by paying them will shift the entire ICO market if not destroy it. Also will attract best devs to create dApps there since they get paid the more people use it. They haven't even started marketing yet wait until they do. But stay poor and invest in shit that's already mooned. That should work for you.
Isaiah Butler
6 Billion is a lot for Marketcap ranking 9 right now. How high can it realistically go?
> Yo dawg I heard you like dapps so we put a daap inside your daap
Can ETH flip over EOS for a daapception? Is what this thread is shilling?
Ayden Carter
After skimming the white paper, NAS seems to be more focused on one specific area as opposed to a generalized dapp platform, so i wouldn't even consider them competitors. and to be honest it seems like they're building a solution to a problem that no one has. When was the last time you heard someone complain about how hard it was to find a dapp for a specific use? Finding shit on the Internet was a huge problem when the Internet was young so there was huge demand for Google.
Xavier Martinez
>Ethereum and Bitcoin are both last generation technology.
I'm trying to sync a fucking geth node for weeks light: no peers fast: stuck after days, error, error full: come back next year
Solution to all sync related bugs: just use MEW
If MEW is taken down, nobody will be able to use the amateur bullshit that is eth.
Enter EOS: clean and professional c++ code working out of the box
Xavier Sanchez
EOS seems great. Not perfect to my limited understanding though. DPOS is basically just a fancy way to vote for validators, so it decentralizes the validator picking but still doesn't answer what happens when there's disagreement. The validators also get a pretty obscene reward, 5% inflation, which seems not that great for users.
Basically I'd like to see a turing complete crypto based on FBA similar to XLM. Semi open admission to an unlimited number of validators and no concept of the clunky blockchain altogether. In the meantime EOS is definitely the top dog, only ADA can still maybe challenge it.
Gabriel Reed
>buy eos tokens >move then to wallet >cant register them because no actual ethereum to pay transaction fee >cant buy ethereum with credit card anymore Wtf do i do?
Thomas Barnes
EOS ftw. My biggest holding.
Brandon Reed
freewallet registers for you.
Hudson Bailey
Thanks user
Luke Jones
Hows about a demonstration? I love how we argue ficitional products and ideas and go so far as to bet money on them.
Elijah Cox
6 billion can go to 100 billion real quick
Colton Gray
the 5% inflation can be changed via voting, a lot can be changed by voting.
Aaron Hernandez
Me and Novogratz hook up, ya know?
Isaac Hill
ever heard of testnet? ever hear of bitshares and steemit? this dan guy knows what hes doing hes had 2 successes already and the 3rd one is a charm. he finally brought blockchain to the masses without them even realizing it via steemit and he was the first one to create a super fast blockchain (bitshares)
he's gonna be an icon in the future
James Young
atleast u know ur safe from ur weak faggot hands
Justin Lopez
Kek, ironically EOS solves this problem
Nicholas Reed
True, I was only questioning the current choice of 5%. That's absurdly high even compared to fiat so if it remains in that ballpark I'd rather just pay fees.