Is EOS dead? | Bitcointalksearch.org

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Quote from: Abiky on August 20, 2021, 05:45:17 PM

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We can mean that EOS is dead in 2021. Because most of the other coins are pumped up at high prices this year. However EOS is still very low in terms of price increases. Perhaps the current EOS users are very low compared to other altcoins users. Maybe EOS also needs to change their blockchain concept, even with a paid wallet. To receive EOS tokens, we must first activate the wallet by sending EOS coins. Unlike other blockchains, we can send tokens without having to send base coins.

Abiky

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Quote from: MaiQwaN on September 10, 2021, 03:56:02 PM

After several years of stagnation, in May 2021 the price of EOS exceeded $ 14. It is unlikely that a dead project could achieve such a result. I continue to hold EOS and hope for the prudence of its team.

Price is not an indicator of a cryptocurrency project's activeness. The only reason why EOS has been going up is because of the bull market. Just like every other altcoin, EOS follows Bitcoin's behavior on the market. If Bitcoin goes up, so will EOS and other altcoins "sitting" among the top ranks in market cap. Something similar happens when Bitcoin goes all the way down the drain.

I've been watching EOS closely and all I can say is that the project has no future. There are other competing projects with greater features and a strong marketing/promotion strategy. Binance Chain, Cardano, and even Solana are taking the world by storm at a very fast pace. EOS is slowly fading into oblivion, as developers see no interest in building dApps on its platform. It's mainly used for gambling these days. Until EOS' developer team does something about it, the project won't be going anywhere. It's a pity since EOS' technology had the potential to take the world by storm. At least, the code is open source for anyone to improve the project or make a new one from scratch. There are several EOS forks on the market right now, so if the main project dies, these forks will carry on with EOS' legacy. Just my thoughts Grin

Luqman

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Maybe we can say that EOS is dead or failed this year. This year's bull run had less of an effect on EOS compared to the 2018 bull run.

It is funny to see this comment. How can you judge EOS dead or fail because the price improvement isn't very impressive? There is no way to claim a project dead only based on the price of its token/coin. As long as the project is still alive or the team still works, we cannot say the coin or the project is dead already. I am sure that the price of EOS will increase again in the near future, the team must think to compete with other coins/projects. If you are a real EOS investor, you must understand EOS team never leave us.

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Quote from: wack slacker on September 01, 2021, 09:06:31 AM

I have long since unfollowed the EOS project. The technology of this project is quite ancient and cannot be the future of blockchain. The capacity of this blockchain is already too heavy. Another thing is that the transaction speed and decentralization in EOS are not up to the mark.
The EOS team was only good at marketing to raise ICOs in the past. Very few people use EOS right now, and so will it be in the future.

even EOS beaten by new platform such as MATIC or SOLANA in ecosystem growth. with this thing ,hard for EOS to attract demand in market. many improvement need be done by dev team to compete again with other platform.

Quote from: MaiQwaN on September 10, 2021, 03:56:02 PM

After several years of stagnation, in May 2021 the price of EOS exceeded $ 14. It is unlikely that a dead project could achieve such a result. I continue to hold EOS and hope for the prudence of its team.

wait till dev team announced the new thing or maybe an update about their project developtment.

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Quote from: Abiky on August 20, 2021, 05:45:17 PM

For some time, EOS was "hailed" to be the "Ethereum Killer" with its near-instant transactions and zero fees. There was excitement all around the crypto/Blockchain space within the project's early days. I remember when EOS was worth double-digits a couple of years ago. Somehow, demand for the cryptocurrency vanished as people moved onto other big players on the market. Nowadays, it's all about Ethereum and Binance Chain, leaving EOS in the dust. That's unfortunate, considering that EOS' zero-fee model makes it a perfect platform for "De-Fi". If developers began building quality dApps on EOS, the platform would've already surpassed Binance Chain. Who knows if EOS would've been the third-largest cryptocurrency by market cap today?

Now that development on the project has kind of "stalled", I'm wondering if EOS is already dead? I wouldn't be surprised about this, since Dan Larimer's other projects (Bitshares and Steem) turn out to be the same way in the long run. The community took over those projects, but they've never been the same. I think the same fate awaits for EOS, as it becomes nothing more than a failed experiment.

What are your thoughts? Huh

Yes. We see EOS regressing in this bull run compared to the bull run of 2018. This is in contrast to some other coins. If we study most of the coins that are parallel to EOS, then this year's increase is 2 to 3 times the 2018 bull run.
We can also say EOS failed. Most of the new projects launched almost never use the services of EOS smart contracts.
But will the current new project developing smart contract services also suffer the same fate as EOS?
I do not think so. Because almost most of the smart contract services today offer solutions to the problems that crypto users are facing today. Say BSC. BSC comes in the midst of difficult transaction fees on the Ethereum Blockchain. And most of the Ethereum projects are also working with BSC. In this case BSC and Ethereum complement each other.

omone1

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You need money to create an EOS account, sadly people were paying using ETH. I declined to create an EOS account, the one I was gifted, the import didn't work, and I just left anything about EOS. I only use it to move asset between exchanges.

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After several years of stagnation, in May 2021 the price of EOS exceeded $ 14. It is unlikely that a dead project could achieve such a result. I continue to hold EOS and hope for the prudence of its team.

Abiky

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Quote from: umbara ardian on September 04, 2021, 09:16:03 PM

I don't want to deny what you say, but our patience is learned in this field and goes to judge it. I still feel EOS is very good, even though there are many new platforms emerging at this time, and it seems to be losing the competition, but as I said above please be patient with it.

EOS is pretty much dead. As you've said before, EOS is losing the competition to other platforms with a solid foundation built upon them. Rival projects have a strong marketing/promotion strategy and always deliver concrete results (something EOS has been missing for a long time). It's a pity since EOS raised a lot of money during the ICO. The team should've used that money wisely to make a rock-solid project that would become as good as Ethereum is right now. If they would've done the right thing, EOS would've been the third-largest cryptocurrency by market cap today. The only thing that will survive is EOS' underlying technology. Some projects are based on EOS' code, so the technology will live even if the main project goes down the drain. What matters is decentralization/censorship-resistance. As long as Blockchain technology remains that way, there should be nothing to worry about. Just my thoughts Grin

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I'm watching EOS very closely. Every breakout / bullflag is completly crashed in 15 min. It is also untradable, because if you trade with a stop loss, you are executed and stepped out quickly. The price is indeed a joke, and no one talks about EOS. Dead.

umbara ardian

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I don't want to deny what you say, but our patience is learned in this field and goes to judge it. I still feel EOS is very good, even though there are many new platforms emerging at this time, and it seems to be losing the competition, but as I said above please be patient with it.

Abiky

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Quote from: bitcon on September 01, 2021, 08:17:12 AM

There were a lot of projects that claimed that they would replace Ethereum. Nevertheless, Ethereum is still number 2 from crypto currencies and number 1 from blockchain for defi-projects. No cheap blockchains like Binance Smarts Chain, Polygon, Tron couldn't kill it. In the case of EOS, I heard that some analysts said that it was dying because of the lack of advertisement.

I don't see any other project replacing Ethereum in the future. That's because Ethereum is the most decentralized altcoin in the world. Cheap fees and fast speeds don't matter if the underlying blockchain network lacks decentralization. Projects like Binance Chain, Tron, and EOS may be faster and cheaper to use than Ethereum but they're somewhat centralized. EOS was the pioneer of DPoS on a smart contract platform, but it was left behind in the dust because of the lack of marketing/promotion. It's yet the time where the platform is unable to attract developers into it. Unfortunately, EOS is missing quality dApps that would make it stand the test of time. If this keeps up, EOS will become nothing more than a dead project.

At least, the code is open source. There are other projects forked from EOS (like TELOS and WORBLI), so it's probable the technology will continue to live for the foreseeable future. I'd steer clear from EOS until the team takes the project more seriously. Just my thoughts Grin

wack slacker

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I have long since unfollowed the EOS project. The technology of this project is quite ancient and cannot be the future of blockchain. The capacity of this blockchain is already too heavy. Another thing is that the transaction speed and decentralization in EOS are not up to the mark.
The EOS team was only good at marketing to raise ICOs in the past. Very few people use EOS right now, and so will it be in the future.

bitcon

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There were a lot of projects that claimed that they would replace Ethereum. Nevertheless, Ethereum is still number 2 from crypto currencies and number 1 from blockchain for defi-projects. No cheap blockchains like Binance Smarts Chain, Polygon, Tron couldn't kill it. In the case of EOS, I heard that some analysts said that it was dying because of the lack of advertisement.

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Quote from: Blitzboy on August 28, 2021, 06:36:28 AM

It is not dead. But right now it is falling behind. The future is so uncertainty so that it can take over ethereum in the next 10 years or sort of. I still believe that this decade is still for building the foundation for the future of cryptocurrency. You can see that people are putting the immense amount of money just to build the ecosystem or generate profit. Thus, EOS is having a great system with the ability to grow more. We cant determine the project in just a few months. Just wait for a decade and see, the strong will survive and I believe EOS is one of those strongest

Sometimes even if the market is bulish, not every coin will rise because with the big number of competition, people would invest in a coin that has good recent developments and thus far, there's not much of positive news we can see about EOS, so it's outshined by its competitors.

Quote from: Blitzboy on August 28, 2021, 06:36:28 AM

After all, the king is always bitcoin.

There's no doubt bitcoin is still the king as it holds a big dominance in the market.

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It is not dead. But right now it is falling behind. The future is so uncertainty so that it can take over ethereum in the next 10 years or sort of. I still believe that this decade is still for building the foundation for the future of cryptocurrency. You can see that people are putting the immense amount of money just to build the ecosystem or generate profit. Thus, EOS is having a great system with the ability to grow more. We cant determine the project in just a few months. Just wait for a decade and see, the strong will survive and I believe EOS is one of those strongest

After all, the king is always bitcoin.

MoneyJ

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EOS is operational for the fact that Upland which I am currently playing is using its blockchain system to record every land purchase being done by the players. Upland is a decentralized land registration game application that is patterned to monopoly board game. EOS just need this type of blockchain applications under its wing and push a little bit more on the marketing side and its development architecture for developers to mass adopt the ecosystem.

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I have observed so far the complicated structure of EOS network may become a big reason of its end I think the developers of eos are not aware with competitions in blockchain industrie or they don't want to move forward according to the circumstances, they are still living in past that's why they are not trying to improve eos network nevertheless I think eos is not dead yet if its developers could able to fix the complicated structure of eos and make it easy to use for everyone then it will be a good sign for eos.

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Quote from: akiho yoshizawa on August 28, 2021, 12:55:26 AM

not over, not only EOS but there are many like this,, Ltc xmr dash is also the same actually... many focus on the top 1 - 5 coinmarketcap especially on BTC and #Ethereum, the community on the platform is also quite large, it's just that we need to wait for the right time, if BTC continues to be bullish atlsesion will also follow and hopefully can go to ATH,

People are more interested in new projects now that brings better chances of profit than old reluctant project, all this project you mentioned fall into this category, nft and defi are the-in-thing and everyone wants a piece of the pie unfortunately, eos may be doing well development wise but popularity wise they are not, too many attractive projects to choose from which makes it hard to pay attention to old ones, in the exception of btc and eth of course.

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not over, not only EOS but there are many like this,, Ltc xmr dash is also the same actually... many focus on the top 1 - 5 coinmarketcap especially on BTC and #Ethereum, the community on the platform is also quite large, it's just that we need to wait for the right time, if BTC continues to be bullish atlsesion will also follow and hopefully can go to ATH,

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Quote from: Abiky on August 27, 2021, 07:43:40 PM

Quote from: SirLancelot on August 24, 2021, 02:15:55 PM

EOS had the biggest ICO in the history of cryptos and I don't know why they have been so slow with their development. Surely there is no lack of funds because you raised so much money so either the team doesn't have the right talent or the intention wasn't there.

I know right? EOS should've been a widespread success with all of the money it raised during the ICO. The team should've put the funds to good use in order to make the project stand the test of time. Dedicating time and money into marketing/promotion should've been the utmost priority of the project. But it seems that the funds were put to waste, as we get nothing more of the same.

This is what happens when you trust vaporware peddlers and scammers with so much money. They never really ignored marketing and promotion. In fact, that is the ONLY thing they did. They had a slick looking website and a lot of conferences and advertisements. Yet, having all of that money meant they never needed to work another day.

Block.one, the private corporation that raised all of that money has comfortably sat on all the Bitcoin and cash and calls itself a holding company now. What this means is that a bunch of idiots who believed that a DPoS chain with "21 block producers" (centralized as fuck), could become an actual congregation point for developers to put their efforst, collectively funded a private investment corporation which is now free to use their money the way they want. Its all donations now while the EOS chain itself is a Chinese CCP chain.

EOS is a prime example of how PoS can never actually work. That is why, all of this DeFi and NFT boom notwithstanding, it'll all crash with ETH moving to PoS. This is when you have to be bullish on the initiatives like TBD from Twitter and other smart contracting initiatives native to Bitcoin.

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