RE: An Ethereum maximalist is about to learn an interesting lesson. Part 2

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An Ethereum maximalist is about to learn an interesting lesson. Part 2

in cryptocurrency •  7 years ago 

Without avatars, it's hard to keep track of who said what on Reddit, so you may have mixed up who it was that said TPS is irrelevant. It certainly wasn't me. I don't think it's irrelevant at all.

In one of my replies, I quoted you saying that I'd never heard of Steemit, and replied with "umm, excuse me?". In that reply, the "excuse me" was a link to my Steemit account.

I had a quick scroll through your profile, and it looks like our first posts on Steemit are within 2 weeks of each other. And I'm sure both of us had our accounts for a while before making our first posts. I obviously am not as active here as you are, but that's mostly because of time constraints.

So my point here is that you seem to be arguing against someone else, and not me. I'm a fan of STEEM, and I don't know enough about EOS to have a strong opinion, but I dislike the way its ICO was run. Funnily, STEEM also had a contentious beginning, though it recovered nicely. EOS might well do the same.

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The ICO was actually a very clever move.

It was designed to stop whales running in and buying up all the tokens at once ( we have seen ICO's sell out in a matter of hours). It was also allowed as many people out there to hear about the project, have time to research it and make an informed decision​ on whether to buy in​ or not.

What are your gripes with it?

Having given it more thought, I can't find any objective argument against how they did it, but subjectively it still somehow doesn't sit right. Maybe a reason will come to me at some later point, or maybe the feeling will go away.

Then I guess we can lay this one to bed.