10 Myths About EOS... You May Think Are True

in crypto •  6 years ago 

A deep dive into EOS. Really interesting concepts here.

We talk about centralization vs scaling, block producer collusion, buying votes, bribing, economics, DPOS, governence theory, lost keys, and more.

This stuff takes a long time to research, but if you put in the time you're ahead of most people on Reddit.

Just press play and do the dishes or something.
That's how I usually roll.

Enjoy the vid.

Much Love my Steem, Crypto, EOS, and ETH friends.
Thanks for being a part of this crazy blockchain space with me. Bottom Rocker. Me and Ned.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

You have received a @GrumpyCat flag because you or someone else send money to buy votes on your post from an irresponsible non-GrumpyCompliant service.

Some bots like @sneaky-ninja (by @michaeldavid) are acting irresponsibly by selling votes on posts very close to final payout. These votes are sneaky, not promotion and are most of the time placed on low value content.

Sending money to these bots is also financially supporting for-profit only posters (spammers).

To know what voting bot to use, refer to https://steembottracker.com/ and use those that have 3.5 day or less in the "Max Age" column.

Important warning, since @sneaky-ninja has made no effort to improve in more than 4 months, it's vote will still be countered even should they improve his Max Age setting.

Learn more, learn even more...

Cool, agreed. No more @sneaky-ninja.
Keep up the good work @grumpycat

  ·  6 years ago Reveal Comment

Did any of you see where Dan Larimer said that they were working on a way to allow bitcoin to run on the eos blockchain? I saw a youtube video that mentioned it recently. Imagine what that would do for the holders of eos. For Bitcoin you would have massive increase in speed, and scalability immediately, which is a win for BTC. And for eos imagine the bandwidth that would require to run the BCT blockchain, and how many tokens would need to be leased in order to fully supply bitcoin with the bandwidth needed. I think that if it ever happens it could be monumental for the crypto community as a whole. It would add value to BTC, and would add a lot of value and more credibility to EOS than any dApp could give!

That would actually be insane! Bitcoin and EOS are me top 2 holdings.

Yes Dan said they were working on a way to run Bitcoin on EOS in the telegram chat. I don't think any info was given on how this would work technically but I think it would act like a second layer / side chain. Kinda like lightning network. But I have no clue, just going off the top of my head

yeah that's true , hope that this project of coöperation will succeed . B ut I will be happy if I see the actual thing in real life cause you never know in crypto world . Look at the plans lite coin had to get together with lite pay en create a service with a creditcard but cause of the media was cracking down on crypto that moment they have put aside there plan's for a while . But it would be nice yeah .... :) jippie

EOS is a great project. It has given plenty of time to dapp builders to test the test net, get used to the much easier programming language, et. This isn't a project with no proof of concept that is a lot of speculation. Nor is it something that will finally go live Q2 2019. This is live, and mainnet will launch in like a MONTH!!
I am weighing my portfolio heavier and heavier towards eos. I wish I would have earlier. I really like some other projects, one being trx, but I think over the next few weeks I will be taking profits from trx and buying more eos. I am fairly certain we will see $35-50 eos buy june 1, 2018.

I expect big things when main net goes live next month. In addition, the supply of tokens will be capped then too.

We Are The-Resistance:
We have seen that @grumpycat or his alt @madpuppy has flagged your post.
You are not alone. He also:

  • flags innocent people and calls them "collateral damage"
  • tries to impose his rules by using his SP on those weaker than him
  • rejects all diplomatic proposals presented
    @the-resistance has upvoted you to help heal the damage he has done to you in an effort to protect people like yourself.
    Join our bot we-resist to help protect others ....https://we-resist-bot.herokuapp.com
    Come to meet with the community ... https://discord.gg/qMWCbWR

@GrumpyCat: you can avoid ever seeing this message again when you STOP attacking innocents.
Love: @the-resistance

They say don’t believe the hype because they fear how disruptive EOS will be. How can they complain of about the problems it may have l, when they haven’t addressed the problems they do have.

But is there really anything to show for in terms of real life application or is it still all based on promises.
Thats something the speculators are interested in but i as a creator cant hang my hat on any of that.
What ive seen so far is there is an attempt to fix the downfalls of Steem with EOS but atm im just waiting to see how far that actually goes.

They may not have their blockchain up and running at the moment but as you stated BTS and steem are proof of concepts that can be expanded upon. Ask yourself how many coins in the top 100 have the Mainnets coming out within​ the next Month? yet no one questions their viability.

Oh but they should. One of the reasons that ICOs and crypto has such low reputation with the general public is because the investors dont question anything enough.
But yeah, he does have steem and BTS as his stepping stones and one day we might be moving to a EOS based platform but atm im just going by what i see.
Im no investor so really, who cares. haha

Bass guitar you say. ;)

I 100% agreed, guess it’s fine line we walk.

And yea Bass guitar all day long.

quick question @crypto2crypto . I recently cashed out $149 worth of sbd with the intent to buy eos when it slipped back under $6 (ooops) But is EOS worth it if I just have $150 to throw at EOS or should I just pick up more steem? Just wondering your thoughts. thanks

yes

Please sir upvote me

No lol

Great point - I think EOS will go far but needs to mature first - none the less great great potential

I think its all about perspective bro. Am with u on this one. Greetings from @ayahlistic

waoo increibleee

It is really awesome to get fresh ideas from you regarding this hot topic on cryptocurrency world right now.. I will be watching it right now. Thanks for sharing! Just followed you.

Great post and brilliant insights I’m happy to be part of steemit it’s the best platform for this shit!

New post about eos, post see and love, top eos interesting idea here,About Eos, All friend see

This comment has received a 0.57 % upvote from @booster thanks to: @isabella69, @isabella69.

pss

If only as much attention as was being spent on EOS would come down to Steem, I'd love to see Steem come out of Beta one of these days :)

Last week I met some guys from a company that will build dApps on top of EOS. They basically told me differences between EOS ecosystem and how it is built and Casper (ETH). It is very interesting how those two giants want to deal with similar problems. I'm rooting for EOS but I have to say that if Casper succeeds, it will be a breakthrough. However, it is very unlikely that a blockchain that can govern itself will be created soon. It is a bit utopian yet beautiful idea. Therefore, I think EOS>ETH (if they deliver ofc).

Yea that's where I stand too. Casper could be amazing and change everything. It's just hard to believe they will get it all right in the near future. They will need to get it right because it won't be easy to change and their will be tons of attack surfaces.

I'm really excited to be a part of the next 6 months

So am I man, so am I ;) However, I think there is one idea that would make Casper work. It is still in its infancy and is called AI. I do believe is the one of two next steps that humanity will take in its evolutionary process.

that would be an epic integration. These are amazing times

I will remember your opinion when I am watching Terminator or Matrix ;))

hahahah

i`m buying eos got a lot of potential

EOS is definitely overpriced now, $14 billion market cap of useless token is really a nonsense.

I cannot tell a lie. EOS is way too advanced for me to understand. I got lost after 10 minutes into this video when you mentioned vote buying on steemit being solved with some sort of constitution that was decided on. What?

The only FUD I believe is when the tokens were first released, they said it was not supposed to be sold to residents of the USA because of where their organization is located, yet I mostly hear hype from US residents who are invested into it. I am very confused what is going on. Is breaking the law advised, or have the rules changed, or nobody cares? Am I the only person who recalls this restriction before the Mandela Effect occurred?

Don't take my comment the wrong way. I'm just pointing out how inept, ignorant, or misinformed I feel about world-wide blockchain changes coming our way. I can't even separate the religious zeal from the hard solid science. It is a gamble the smartest players may profit from, I am sure. Your content is always awesome @happymoneyman.

  ·  6 years ago Reveal Comment
  ·  6 years ago Reveal Comment

Thanks for this perspective. I must spend some more time with it to digest it properly.

Note that Steve Jobs showed the world that there is a definite place for some centralized decision making (after accumulating all the advantages that the Woz's open source methods could acquire)

Apple was then able to act with great dexterity and precision with regard to integrity, security, the ability to negotiate and so many factors. Rule by committee is always an awkward predicament.

one of the best videos till now you cleared a lot of things about it even i didn't knew about it :)

Great job! I'm very excited about EOS! Wish I had bought some when it was only 50 cents!!

Been meaning to buy EOS for a while but was distracted by too many things including Steemit. I wonder if I have missed the boat already. Or will the boat come back this way again....

I don't think you're too late. I just bought more on the recent dip.

The Tree of Life, or Etz haChayim (עץ החיים) has upvoted you with divine emanations of G-ds creation itself ex nihilo. We reveal Light by transforming our Desire to Receive for Ourselves to a Desire to Receive for Others. I am part of the Curators Guild (Sephiroth), through which Ein Sof (The Infinite) reveals Itself!

קבלה מזויפת

Leaving comments asking for votes, follows, or other self promotional messages could be seen as spam.

Your Reputation Could be a Tasty Snack with the Wrong Comment!

Thank You! ⚜

Hi @happymoneyman, thank you for the gold info you give in this community! Could i ask you what do you think about Waves? I just open a pre-Ico there and they seems very serious...

Baby EOS I LOVE YOU:)

haha

EOS target 100$ by the end of the year. What is your bet?

EOS will do many bug fixes along the way that have to be ironed out so FUD will come against it from time to time.

That's a true bit of wisdom. Cheers

I think it's normal that it' going with ups an downs, the technologie is from time to time faster than the developers , it's something completely new en every crypto except from the scam's are having the same trial and error phases but this also means that it's a work in progress on it's way to perfection .. ;)

I'm skeptical about EOS because the tech behind it just looks like the one used in Steem.

Similarities:

  • 21 BP (--> Delegated Proof of Stake)
  • fee-less transactions
  • inflation rate
  • account recovery
  • permission system
  • ....

Same developer, after all. Maybe that's how Dan Larimer's brain works...

Personally I surprised by the high values of both tron and EOS as they are still in the token stage sure I understand main-net launch is fairly soon for both projects, but there are already working projects out there. The only thing unique is the consensus algorithm and personally I prefer proof of importance as used by XEM as this rewards people who use the token and not just hoarders which is one of the problems of the old financial system with estimates showing that the worlds wealthiest 1% will control 30% of the worlds wealth by 2030

Eos is my top holding...

nice post

This is interesting approach to topic

I really like your videos @happymoneyman,I am also a small trader of cryptocurrency and love to watch and collect info about it.your info is great.thanks to share with us.followed you.

Hey hero how are you

your video is helpful us, continue your analysis we waiting for your new post gd man keep up.

Dude thanks so much for being here and making this kind of post. I am new to crypto in general and this was a big help in understanding ALL the currencies and how they actually work. I will be definitely be putting a portion of my regular USD investing into EOS, thanks to you:) I've been teeter-tottering back and forth on it for a few weeks now. So glad to see this post is nearing $1000. I caught it right around $1.47...thanks again!

nice. Yea, the only way we can set ourselves apart with all the coins out there is to do massive research and try to understand. This is a really intersting place to be. Cheers

yes it is!

Interesting article. You're right. All bosses want employees to work for free. But people want a good life, money, freedom ... I support you! Great inspiring and valuable content for a trader. Great write up! Trade like a Business! Financial freedom one of the most important thing in life to live. trade helps one to gain financial freedom. In our life trade plays an important role for gaining financial freedom.

agreed my friend. We must live first. a good life is a quality endeavor.

yes, We reveal Light by transforming our Desire to Receive for Ourselves to a Desire to Receive for Others.

blockchain 2.0 is eos

Maybe even 3.0. 😎

is the inventor blockchain 2.0 is eos?

eos bitcoin will go through a new era

It is really awesome to get fresh ideas from you regarding this hot topic on cryptocurrency world right now..
thank you for the gold info you give in this community!

I care less if I believe in the project, atm the market is looking good for a quick pump and dump, and I will be happy. Plus skynet

EOS will rock. hold please

WARNING - The message you received from @zulfajri321 is a CONFIRMED SCAM!
DO NOT FOLLOW any instruction and DO NOT CLICK on any link in the comment!

For more information, read this post:
https://steemit.com/steemit/@arcange/anti-phishing-war-the-crooks-continue-their-bashing-campaign

If you find my work to protect you and the community valuable, please consider to upvote this warning or to vote for my witness.

I like to be part of this team because i like economics . I just followed you to know much about this topics. Thanks

Great video, thanks for sharing. I've smashed the upvote button for you!

Also, if you are looking to get some tokens without investing or mining check out Crowdholding (https://www.crowdholding.com). They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.

Yes there are interesting concepts in EOS

This post has been shown by @wishmir to 40+ followers. Please check the @wishmir page

Eos is good tokens I recommend it. has a good potencial to go up all over the year. upvoted follow greeting from Canada

I would like invite you to know our blog it is spanish about news of Bitcoin and cryptocurrencies, if like follow up….gracias @cryptonoticias

TThank you for all the research you did and for clearly explaining it in what seemed to be as impartial away as you can.

cheers, thank you.

Personally
Always looking at leaflets cryptocurrency
I may find an optimistic publication with useful information that I follow with interest
World cryptocurrency will end the central and global polar
Thank you for your informative, informative and informative guide

  ·  6 years ago Reveal Comment

Please go away from Steemit to try to scam honest people!!

this news make the cryptocurrency world littel hot becose it effecting the crypto world.

Excellent post.

This post has received a 46.96 % upvote from @boomerang.

EOS: to the top!

EOS is heavily overvalued. The price will further decrease, you can't have such huge valuation and sustain it only on hype.

For me EOS will be a game changer mainly for two reasons: Dan Larimer's experience in creating blockchains, and Dan Larimer's purpose driven mssion. He cares more on creating value than profits.

but then why has he abounded steem?

Cheers for the video, cleared things up for me

  ·  6 years ago (edited)

Will watch the video later but $15 billion market cap for something with no product yet is too risky for me.

While many people will offer advice on what to buy and what not to buy, I’ve learned to just do your own research. People will hype up coins just to get more people in so they can exit out. It’s all a learning experience.

#circleofriends

your ideas is always unique and helpful for the crypto word . thanks for the video

I love EOS! I think their roadmap is pretty interesting and the project seems really nice. I won't be surprised if one day it would be like Bitcoin.

Is it true bro?Really amazing if it's true.

Very informative post. EOS is the best. EOS said dont believe the hype. There stuf long research about it.

Really it's awesome to get idea.... @happymoneyman

Definitely would consider EOS a good long-term hold @happymoneyman

Great post

Great your photo with ned, I learned a lot with your video keep making publications so please

i think EOS holders will be happy if they look back a year from now

Have a good day Ned and @happymoneyman .And It is really awesome to get fresh ideas from you regarding this hot topic on cryptocurrency world right now.

Saludos @happymoneyman, muy buena información, y aun mas cuando todo se esta proyectando cada día mas a nivel global.
Ajz naka logo post final - copia - copia.jpg

Thanks for getting the synapses firing on this topic. Lots to learn. Valuation is dependent on so many variables at a certain point in time. It's worth what it's worth right now in this ever-changing market.

Lets build SteemIt great together! We are all looking for great people to follow! If you know of anyone please let me know :)

Muy buen contenido :D

Your post status at steemit is very good to learn a lot from here. I want to learn a lot from your post. You post many good things like i like your posts sir.

Your publications are more than wonderful. Follow me

Really interesting @happymoneyman

@madpuppy please upvote me

Is it true that EOS will be removed from the @binanceexchange in months ahead?

Hi! I already followed you. I'm new. Listened to your vid presentation and I think i liked it, though some are fuzzy to me, but I think I'm catching to get on the idea of this type of ecosystem on EOS. Thanks for sharing.

sneaky-ninja-sword-xs.jpg

Sneaky Ninja Attack! You have just been defended with a 77.10% upvote!
I was summoned by @happymoneyman. I have done their bidding and now I will vanish...


woosh

A portion of the proceeds from your bid was used in support of youarehope and tarc.


Abuse Policy
Rules
How to use Sneaky Ninja
How it works
Victim of grumpycat?

think well your thinking can make world change for a seconds

Great video and the guy who wrote the Medium blog post brings up some plausible concerns for someone who hasn't really studied BitShares and STEEM. Nothing will be a perfect ecosystem but we see the working implementations of this here and no one on this platform really thinks of this being centralized as far as the mining aspect with the Witnesses. The main flaw was the initital distribution and that an obsurd amount of STEEM is owned by STEEMIT INC which in a lot of ways hasn't seemed to be an enormous issue.

EOS is going to have a better distribution and will be the next step of evolution.

I'm actually going to spin up a VPS and run Dawn 3 and do some very simple samples to show a little more of what can be done. There isn't that many videos online of people working off the testnet but people are coding on it.

All the people acting like EOS is nothing are like some scrub at LA Fitness who thinks he is the king of the basketball court and then some more badass dude walks in and starts throwing down crazy dunks and doesn't miss. Suddenly the first dude is calling bullshit fouls and going into rages because he knows he isn't top dog anymore.

I just came to give a positive vote(y)

would you like to View my article too, It's very informative

https://steemit.com/freelancing/@rizwana/17-tips-for-boosting-your-success-being-freelancer

I was and i am in EOS ^^

Nice.. Appreciating your efforts

a good blog post is very interesting I love it. Thanks you

Happy man please follow and up vote

EOSIO Dawn 3.0 — a developer-focused, single-node update — was released on April 5, following months of testing by the EOSIO developer relations team and the developer community, and brings the software closer to a state of completion. New features enhance the usability, scalability and stabilization of the platform.

@happymoneyman that a nice video on EOS

Really awesome to get fresh ideas from you regarding this hot topic on cryptocurrency world right now I will be watching it right now. Thanks for sharing. success always for you friend

While numerous individuals will offer exhortation on what to purchase and what not to purchase, I've figured out how to simply do your own examination. Individuals will buildup up coins just to get more individuals in so they can exit out. It's each of the a learning background.Thank you .I follow you!!!

Nice click with ned

Hello friends am new here I need help to use esteem and how to generate upvote bold

EOS go to the moon, in future

exactly in the moon :)

Eos is one of the fav projects for me and your cleared some mind blowing myths in this video big thanks dear