Topic: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) - page 100. (Read 189738 times)

Dawn 3.0 shoid be launched in 2 days if I'm right? What could we expect about price in next couple of days? To be honest I am new in EOS and I really really see its potential, but I am a little worried that things are going forward and price is going down.

Dan Larimer is respectful man, and new generation of graphene with transactions amount of up to 300 000 per second. It makes EOS ahead of anything.

If EOS can fully implement everything, eliminate scalability problems, then the ethereum may have hard times. Maybe not immediately, but in the long term with a greater amount of transaction, EOS will win.

Rational, objective analysis. Eos should be called open source block chain system software.

Can you go to the main network to see if there are so many people come out to let him live!

I thi nk EOS will give ethereum a run for its money, but at the same time I believe that Ethereum will still be a highight in the space, it has buil a community over the years that is solid. EOS has done the same and I do believe the both can co-exists which different use cases.

Well... Actually we are still in speculation about the system of EOS and ethereum switch to proof of stake PoS, due to the EOS blockchain is still launched and ethereum is still not switch to proof of stake PoS, however ethereum will get the big problem when switch to proof of stake PoS due to there are decentralize application dapps on ethereum's blockchain right now, but let's wait and see which are the winner of this battle.

No until the address you are transferring tokens remain the same.

once the EOS Public Key is generated and linked to my MEW ethereum public key, do I need to go through the same process again if I transfer additional tokens

POW is wasteful yes. ETH is switching to POS at some point.
DPOS would almost always ends in cartels. In POS with 1% of the supply you get 1% of rewards, in DPOS even owning 1% or 10 Million EOS you could get none of the rewards. As demonstrated in practice by LSK.

The switch from 5% to 1% rewards is an acknowledgement that DPOS is a poor consensus model imo.
If DPOS was good a voting system, then honest voters would direct the 5% inflation to high performance nodes, awesome development & marketing, while returning the unneeded amount equally to shareholders/burning it, ergo the % inflation wouldn’t matter. But the EOS developers know most of the funds will just end up in the hands of the most powerful voting cartel who will pay themselves millions per year for nothing, hence reduce it to 1% to minimize damage.

With few nodes and votes in the hands of cartels + Low privacy  (Dan actually advocates even less, he wants ‘radical transparency’ - phone number, photo, birth date etc - which would make EOS non-fungible.) People will realize EOS provides very few of the advantages of decentralization so they’re better off using a centralized private blockchain run by IBM/other if the main thing they want is a distributed ledger & high performance.

As I said I think >10X gains is doable for EOS this year but it doesn’t have a long life expectancy at the top because many others are competing on vastly increasing performance but also vastly increasing decentralization, privacy & adaptability, all of which need to be combined to create the market leading smart contract blockchain a year+ from now.

Release will be on the 6th April, right? So, ho much do you think eos can be cost?

wow you got in really cheap. I wish I wasn't so skeptical, as I was looking at EOS during the early days. At least I didn't by at the top

I dont think there is straight list. Also the whole funding proccess is more complicated. There are partners, 3rd parties

Mining rewards in Ethereum are roughly 8m usd per day at 400 USD/ETH; that’s over 2.5 billion a year to process <15 tx per sec, paid for through 7% annual network inflation.

EOSIO Block producer rewards are planned to be roughly 1% annual inflation, a small fraction of the cost of Ethereum.

All blockchains are voting machines, it’s just a matter of who votes; DPOS decentralizes control of mining, is more resistant to cartels and DDOS attacks, and delivers low cost high performance.
In EOS, power amongst miners is evenly distributed. Moreover, miners can be replaced by token holders if they are not operating in their best interest; this prevents scenarios like Ethereum. DPOS is alignment.

Relevant past article: https://medium.com/eosio/who-should-control-a-blockchain-d841c18109c3

Well Vitalik is going to be just a little bit biased seeing as how they are direct competitors. He's probably also a little scared of the massive stack of ETH they will be sitting on come June 1st.


I don't like to give price predictions but I will be holding EOS for a long time, I have very high expectations for the project.

I wonder what your expectations are. When i bought for 80 cents expected to profit tenfold. And I got it ) but still left a bit for the release. - So how much do you think this token could cost?

You will loose your token if you don't do it.

I have never tried, but i know that last release of wallet exodus (www.exodus.io) created a simplified operation to register your coins, follow all operations to install and secure it send your tokens to it and register. If they claim that made a one click procedure to do it, i think that is possible for all to do the operation.

p.s. if you try and all i simple give us a confirm, i can't do that because i registered my tokens before this release of exodus.

Cheers

what happens if I do not claim my token when public sale is end? I still cannot figure out the way to claim tokens

EOS like LSK will most likely be controlled by a voting mafia. I.e no/low value add through inflation and easy attack vectors. (As explained pretty well by Vitalik - https://vitalik.ca/general/2018/03/28/plutocracy.html)
It’s also likely to be the least private blockchain by design, which is probably why Dan advocates radical transparency, like it’s a positive.  

I’m bullish about EOS short term though as there should be a lot of projects that will be benefit from the high performance & EOS has a lot of money to throw at it. It will also be positive for crypto short term as performance was a significant bottleneck. The critical EOS design flaws in every area excl. performance should only make it unpopular in circa 1-2 years when Ether/other blockchains have scaled in terms of performance  and introduced privacy solutions that can be updated over time.

But >10x between now and end of year once current high inflation due to ICO ends, is very doable.

The countdown is on! EOS still crazy cheap.

If EOS is going to be the backbone of the next generation of the internet, BPs are gonna need some serious hardware and are going to be spending serious money on bandwidth fees and electricity+ rent. what will they offer to solve this?