RE: White Hat Hackers! - ETH vs. EOS / Altcoin Profits / Charity DAOs / The Parity Hack / And Much More!

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White Hat Hackers! - ETH vs. EOS / Altcoin Profits / Charity DAOs / The Parity Hack / And Much More!

in crypto-news •  7 years ago 

I'm invested in EOS too and believe it has strong prospects, but it's not an Ethereum killer. It will complement instead of compete. Dan and the EOS team don't even think of EOS as an Ethereum killer and why would they when most of the capital they're sitting on from their ICO is in ETH and the token itself is an ERC20 token- so if Ethereum fails, EOS goes down with it. When EOS launches as it's own blockchain and converts from an ERC20 token to a native EOS token it won't take down Ethereum any more than Ethereum has "taken down" Bitcoin so far.

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Makes sense.