What is the difference between a typical blockchain and EOS, which claims to be a blockchain operating system?
Mainly Parallel Performance & Partial Evaluation of Blockchain State
What is the practical value of starting 100s of Steemit clones
This is just an example ...nothing more.
Where is the proof of concept - a variety of applications, serving the needs of different businesses, who use the EOS platform?
You are getting ahead of yourself here. Those apps are 1-2 years down the road after the lunch of the blockchain
Are there even examples of what EOS can be used for?
Any web based service or application currently being run on a centralized server.
Regarding WHEN and IF it's worth to invest on this project. Well that's up to each individual's decision
So this is not an operating system, but a parallelized (multi-threaded) blockchain. A marketing trick for non-techies.
Also, from what I've read in the white paper, this is only implemented on certain levels, where the software logic allows that. So we have a faster blockchain, despite Steem already being fast enough to support a network bigger than Reddit (according to its own developers).
Where it falls short is lack of examples for its use, i.e. it has no purpose, but it was built. Someone mentioned an eBay site, powered by EOS, because there wouldn't be transaction costs. But there will be transaction costs at the exchange, converting fiat or other cryptos to EOS. That is, if you can even convince 99% of ebay's users that this is better than ebay (and there's no reason why it will be, as EOS doesn't create any advantage).
Everyone is investing in the hype, kickstarter style. The winner is EOS's marketing department and the investors.
As I mentioned in another post, I would invest in EOS once I see unique software running on it. Then any EOS I have will slowly increase in value. Until that moment, it's just speculative bidding, favoring only the developers and their initial investors.
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Anyone investing during the first year of the token launch on the Ethereum network will be doing it for one of two reasons:
Of course we haven't seen the actual blockchain in operation let alone any apps running on it. However we do know what the Graphene architecture (Bitshares) and Chainbase (Steem's modified version of Graphene) can do.
If the EOS team can build a parallelized (multi-threaded) blockchain on top of this architecture then the whole crypto space will have a higher bar to be measured up against.
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I agree. It's just that I don't see this technology answering any unmet needs of the digital world - I still perceive it as a cash-on-hype type of project. I guess we'll see if there will be a new cryptocurrency next year or all efforts will go into popularizing and developing for EOS.
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