RE: Addressing EOS

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Addressing EOS

in eos •  6 years ago 

Fellow Hoosier here! Thanks for the video and your thoughts. I have a pretty solid position in EOS but I agree with you on a lot of your points. The whole premise of an account being deleted after 3 years of no activity is just fuel for the FUDsters for sure. There is no reason for a rule like that to be in the constitution.

Also I agree with you that like we see with STEEM there are ninja miners / founders and some of the original Witnesses that won't ever be "knocked off the horse" no matter what they do. I think we will see a similar type thing with the EOS block producers. They will get up there and then be able to make friends with other block producers and they will basically be in place into eternity which could certainly be viewed as an issue.

The third point I wanted to mention that I agree with you on is that the system is complex enough that even technical people are having problems getting their barrings which could cause issues on down the road as people try to build the system out. There is a lack of documentation for a lot of things in the system so I feel like people at Block.one understand tons more than the community who is trying to build on this system. I'm one of the only people with technical videos out on EOS but that was a month ago and I'm meaning to make more but it is often to complicated to get very much viewership but it helps me understand the system better. It is confusing though for sure.

And you are right. Calling it an Ethereum Killer is getting a lot of people triggered. LOL I don't think it will kill Ethereum. Ethereum will remain as a main artery in crypto but personally I don't feel that any meaningful applications will be built on Ethereum because it can't handle the capacity until it scales.

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Hey Brian! Should the BP vote be made a public vote? Could this solve the long term problem of the same BP's voting for each other? Great response friend! Clay

Well i think the issue with that is they can move money to other accounts and still do the voting. It would be like saying that you can't vote for yourself on here. Well people would just vote with their other accounts.

lol "ninja mine" its called a Premine,

Ninja mine is the false narrative pushed by the oligarchs to make it sound better

your right that EOS does this much better with top 10 BP's getting around $million a day is about 10,000 times higher than steems premine

and when you consider bitfinex gets 35% of its votes for top BP spot its evident that a few main entity's have full control and are only printing money for themselves and will dump on everyone that follows based on the false ideologies pushed forward by block.one brock pierce Dan and many others

when someone uses false statements and spreads misinformation on a product or service, it is a fraud I.e a scam

on ethereum, cant scale wont scale,

look forward to bitcoin solutions

Yeah I can't wait for all the social networks and applications built on top of Bitcoin. They should have just build Steemit on top of Bitcoin.

(For anyone else reading this I'm joking.)