EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) - page 138.

zeeman

hero member

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Quote from: bribed on November 27, 2017, 10:49:32 AM

So I heard from different sources now that EOS will be ruling in 2018. Can anyone explain the technical advantages EOS will bring over the others? I would be happy if someone can explain a bit about that!

It's fast! Expected to support 10K transactions per second on 1 CPU-core.

It scales: Their Virtual Machine can do all the calculations in parallel. So easy to add 50 or a 100 cores. According to Dan hundreds of thousands of transactions per second per chain.

It's free: You can't compete with freemium. Look at a company like TomTom with their navigation system. How can they ever compete with Google Maps which is free?? In EOS the dApp creator stakes a bunch
of EOS (they might ask you to help here a bit with some staking) so the Block Producers give them a certain capacity (like 1000 transactions per second). So as a user you don't pay anything. That way someone could make an exchange (like a Poloniex or BitTrex) with zero fees. And by the way: that exchange is in a smart contract no risk that they steal your coins because they can't (if the contract is proper that is Grin

).

althedge

newbie

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Thanks key-z I'll try contacting them on telegram.

Acguy

sr. member

Activity: 308

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Is there anything going on with EOS it's been quiet with its year long ICO.

key_z

member

Activity: 75

Merit: 10

Quote from: althedge on November 27, 2017, 06:25:19 PM

Has anyone had any experience with contacting EOS? I dropped them an email last week and haven't heard back, just wondering if this is standard with this company or an exception... Huh

all top members are active on the telegram channel. in terms of whether you'll get a response, it largely depends on the nature of your question.

most crowdsale/registration troubleshooting are being competently handled by the community at large.

althedge

newbie

Activity: 28

Merit: 0

Has anyone had any experience with contacting EOS? I dropped them an email last week and haven't heard back, just wondering if this is standard with this company or an exception... Huh

key_z

member

Activity: 75

Merit: 10

Quote from: cryptician12 on November 27, 2017, 03:51:57 PM

Quote from: Red_Sanford on November 21, 2017, 10:20:30 AM

Quote from: weston4mills on November 21, 2017, 08:36:50 AM

Hi all, I have my eos still on bitfinex and want to move them off. Is there any advantage to keeping them on there? Can I store my eos on my ledger nano? Thank!

Yes you want to get them off the exchange and onto your nano. Be sure to register the address you send them to, then when the snapshot happens you will be swapped out for the EOS on the EOS blockchain vs the Eth blockchain

Does anyone know when the exact deadline to register your EOS tokens would be? I know that the blockchain would go live next summer, but wondering if the snapshot would somehow be taken earlier than that!

exact deadline is actually variable. it's "within 23 hours after the end of the final EOS token distribution period which will offucr on June 1st, 2018"

The snapshot will not be taken before the distribution is over so suffice it to say that you have until May 31st to register.

cesmak

legendary

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Quote from: cryptician12 on November 27, 2017, 03:51:57 PM

Quote from: Red_Sanford on November 21, 2017, 10:20:30 AM

Quote from: weston4mills on November 21, 2017, 08:36:50 AM

Hi all, I have my eos still on bitfinex and want to move them off. Is there any advantage to keeping them on there? Can I store my eos on my ledger nano? Thank!

Yes you want to get them off the exchange and onto your nano. Be sure to register the address you send them to, then when the snapshot happens you will be swapped out for the EOS on the EOS blockchain vs the Eth blockchain

Does anyone know when the exact deadline to register your EOS tokens would be? I know that the blockchain would go live next summer, but wondering if the snapshot would somehow be taken earlier than that!

Docs i read on steemit say 1st June 2018 one is here for example : https://steemit.com/eos/@sandwich/how-to-update-the-eos-public-key-mapped-registered-to-your-ethereum-wallet-with-myetherwallet-mew

cryptician12

newbie

Activity: 28

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Quote from: Red_Sanford on November 21, 2017, 10:20:30 AM

Quote from: weston4mills on November 21, 2017, 08:36:50 AM

Hi all, I have my eos still on bitfinex and want to move them off. Is there any advantage to keeping them on there? Can I store my eos on my ledger nano? Thank!

Yes you want to get them off the exchange and onto your nano. Be sure to register the address you send them to, then when the snapshot happens you will be swapped out for the EOS on the EOS blockchain vs the Eth blockchain

Does anyone know when the exact deadline to register your EOS tokens would be? I know that the blockchain would go live next summer, but wondering if the snapshot would somehow be taken earlier than that!

totopaf

full member

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Merit: 105

Staker.network - POS Smart Contract ETH Token

I thought I heard there would be an announcement made December 4 about the EOS someone would be what it is?

GaleRecoN

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Activity: 186

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Quote from: xiaohang07 on November 27, 2017, 02:46:07 PM

Quote from: infested999 on November 27, 2017, 01:55:43 AM

Quote from: liangweicha on November 25, 2017, 11:37:28 PM

I also hold some EOS, in my opinion, EOS is an innovative coin, even if he is very difficult to achieve very high, but if realized, he will make us a huge return.

Is it too late to buy? Im waiting for the correction of the price.. but don't want to wait until it goes much higher...

I think waiting is a good stategy for EOS, since its ICO is still far from being over, which means high inflation.

Buying little by little over time is also a good strategy. This way you don't miss out on all of the earnings if the price goes up but you also don't lose a lot of your earnings if the price goes down.

xiaohang07

sr. member

Activity: 392

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Open and Transparent Science Powered By Blockchain

Quote from: infested999 on November 27, 2017, 01:55:43 AM

Quote from: liangweicha on November 25, 2017, 11:37:28 PM

I also hold some EOS, in my opinion, EOS is an innovative coin, even if he is very difficult to achieve very high, but if realized, he will make us a huge return.

Is it too late to buy? Im waiting for the correction of the price.. but don't want to wait until it goes much higher...

I think waiting is a good stategy for EOS, since its ICO is still far from being over, which means high inflation.

key_z

member

Activity: 75

Merit: 10

Quote from: aleksand on November 27, 2017, 11:03:15 AM

Quote from: key_z on November 27, 2017, 10:40:50 AM

Quote from: aleksand on November 27, 2017, 04:28:07 AM

Quote from: Red_Sanford on November 27, 2017, 03:02:08 AM

Quote from: aleksand on November 27, 2017, 01:30:28 AM

From my understanding, dapps that are built on the EOS software have the ability to be used for free. I'm confused about the utility of the EOS tokens. Its quite vague in the website FAQ. Whats the purpose of EOS tokens, from its trading value?

The tokens are going to be somewhat like staking. The more that you hold the more of the system you get to use. If you hold 1% then you can utilize 1% of the power of the blockchain. You will be able to use more temporarily if no one else needs it.

There are some good YouTube videos were Dan explains it very well. The Devs can practice on the testnet but when it goes live they will need to hold some EOS to power their product

I see. So the end users are able to interact with dapps that exist on the EOS software free of charge, but developers will need to use EOS tokens in order to harness the computing power. Interesting concept.

I will take a look around for videos, if I find something good I will report here and provide timestamp of the explanation.

great resources that answer your questions have been aggregated at www.eoscollective.org. I recommend looking at the Articles and the Videos under "Resources"

Im curious, is this website made by the EOS community? or supported by block.one? Either way, thank you for this resource. Trying my best to wrap my head around the EOS software))

eos collective is community run/supported and is not official or related to block.one in any way.

bribed

full member

Activity: 238

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Quote from: key_z on November 27, 2017, 10:57:20 AM

Quote from: bribed on November 27, 2017, 10:49:32 AM

So I heard from different sources now that EOS will be ruling in 2018. Can anyone explain the technical advantages EOS will bring over the others? I would be happy if someone can explain a bit about that!

check out the link to eoscollective (few posts up). under "articles" there are a ton of detailed write-ups that address this question.

Thanks, I also saw that post after posting my question and start reading up on this website. Its great to see that there is huge community contributions to EOS, alone for the fact that there is a huge community support this will have a bright future. Hopefully EOS can achieve all thats planned!

aleksand

legendary

Activity: 868

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Quote from: key_z on November 27, 2017, 10:57:20 AM

Quote from: mitchel_am on November 27, 2017, 10:46:34 AM

I've already registered my MEW address but...do I have to register again if I transfer additional EOS token from exchanges to my MEW?

no, you don't have to re-register. any tokens in a registered eth address at the time of the snapshot will be counted.

Quote from: bribed on November 27, 2017, 10:49:32 AM

So I heard from different sources now that EOS will be ruling in 2018. Can anyone explain the technical advantages EOS will bring over the others? I would be happy if someone can explain a bit about that!

check out the link to eoscollective (few posts up). under "articles" there are a ton of detailed write-ups that address this question.

oh and just to add to this, there is a EOS developer's group on telegram here

It is not as fast as the main telegram group with 10k+ people, so its much much easier to keep up with the conversations.

aleksand

legendary

Activity: 868

Merit: 1000

Quote from: key_z on November 27, 2017, 10:40:50 AM

Quote from: aleksand on November 27, 2017, 04:28:07 AM

Quote from: Red_Sanford on November 27, 2017, 03:02:08 AM

Quote from: aleksand on November 27, 2017, 01:30:28 AM

From my understanding, dapps that are built on the EOS software have the ability to be used for free. I'm confused about the utility of the EOS tokens. Its quite vague in the website FAQ. Whats the purpose of EOS tokens, from its trading value?

The tokens are going to be somewhat like staking. The more that you hold the more of the system you get to use. If you hold 1% then you can utilize 1% of the power of the blockchain. You will be able to use more temporarily if no one else needs it.

There are some good YouTube videos were Dan explains it very well. The Devs can practice on the testnet but when it goes live they will need to hold some EOS to power their product

I see. So the end users are able to interact with dapps that exist on the EOS software free of charge, but developers will need to use EOS tokens in order to harness the computing power. Interesting concept.

I will take a look around for videos, if I find something good I will report here and provide timestamp of the explanation.

great resources that answer your questions have been aggregated at www.eoscollective.org. I recommend looking at the Articles and the Videos under "Resources"

Im curious, is this website made by the EOS community? or supported by block.one? Either way, thank you for this resource. Trying my best to wrap my head around the EOS software))

key_z

member

Activity: 75

Merit: 10

Quote from: mitchel_am on November 27, 2017, 10:46:34 AM

I've already registered my MEW address but...do I have to register again if I transfer additional EOS token from exchanges to my MEW?

no, you don't have to re-register. any tokens in a registered eth address at the time of the snapshot will be counted.

Quote from: bribed on November 27, 2017, 10:49:32 AM

So I heard from different sources now that EOS will be ruling in 2018. Can anyone explain the technical advantages EOS will bring over the others? I would be happy if someone can explain a bit about that!

check out the link to eoscollective (few posts up). under "articles" there are a ton of detailed write-ups that address this question.

bribed

full member

Activity: 238

Merit: 100

So I heard from different sources now that EOS will be ruling in 2018. Can anyone explain the technical advantages EOS will bring over the others? I would be happy if someone can explain a bit about that!

mitchel_am

member

Activity: 378

Merit: 10

I've already registered my MEW address but...do I have to register again if I transfer additional EOS token from exchanges to my MEW?

key_z

member

Activity: 75

Merit: 10

Quote from: aleksand on November 27, 2017, 04:28:07 AM

Quote from: Red_Sanford on November 27, 2017, 03:02:08 AM

Quote from: aleksand on November 27, 2017, 01:30:28 AM

From my understanding, dapps that are built on the EOS software have the ability to be used for free. I'm confused about the utility of the EOS tokens. Its quite vague in the website FAQ. Whats the purpose of EOS tokens, from its trading value?

The tokens are going to be somewhat like staking. The more that you hold the more of the system you get to use. If you hold 1% then you can utilize 1% of the power of the blockchain. You will be able to use more temporarily if no one else needs it.

There are some good YouTube videos were Dan explains it very well. The Devs can practice on the testnet but when it goes live they will need to hold some EOS to power their product

I see. So the end users are able to interact with dapps that exist on the EOS software free of charge, but developers will need to use EOS tokens in order to harness the computing power. Interesting concept.

I will take a look around for videos, if I find something good I will report here and provide timestamp of the explanation.

great resources that answer your questions have been aggregated at www.eoscollective.org. I recommend looking at the Articles and the Videos under "Resources"

aleksand

legendary

Activity: 868

Merit: 1000

Quote from: Red_Sanford on November 27, 2017, 03:02:08 AM

Quote from: aleksand on November 27, 2017, 01:30:28 AM

From my understanding, dapps that are built on the EOS software have the ability to be used for free. I'm confused about the utility of the EOS tokens. Its quite vague in the website FAQ. Whats the purpose of EOS tokens, from its trading value?

The tokens are going to be somewhat like staking. The more that you hold the more of the system you get to use. If you hold 1% then you can utilize 1% of the power of the blockchain. You will be able to use more temporarily if no one else needs it.

There are some good YouTube videos were Dan explains it very well. The Devs can practice on the testnet but when it goes live they will need to hold some EOS to power their product

I see. So the end users are able to interact with dapps that exist on the EOS software free of charge, but developers will need to use EOS tokens in order to harness the computing power. Interesting concept.

I will take a look around for videos, if I find something good I will report here and provide timestamp of the explanation.

Topic: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) - page 138. (Read 189725 times)