More bad news for @dan and his centralized shitcoin.
this is why you call your self the fun guy i guess.
let me help this blinds followers of you who read that poor article that you trow here as ghospel but they missed to read that articles comments:
Keith Brown
Sep 12
I have to admit, I am a bit leery of EOS, because so many blockchain attempts are a flash in the pan, but still this article is trash. I have no relationship with any of the companies involved, I’ve not invested anything, I have zero plans to do so as well. Don’t think I’m a fanboy or anything.First up, you’re bitching about how OOI works on other things, and how that is bad because for mission critical things you need your all stars on nothing else. Who says that isn’t happening? You have zero knowledge of the internal structure of OOI, so they could have a team dedicated to nothing else. Most companies I’ve worked for, you get assigned to a project, and that’s your focus. Others may be working on other stuff, but that doesn’t mean you are.
You’re also bitching because a bug bounty was placed. Well, no fucking duh. You can have a dedicated testing team, and still miss stuff, so if you’re open source, may as well get as many eyeballs as possible. I am not hearing you complain about bug bounties in place at the thousands of other companies. Making the assumption because they’re using a bounty, they don’t have a dedicated testing team, is silly.
They’re also making it sound fishy that there were efforts to hire more engineers in March. That’s a common time to hire, because fiscal year budgets are usually fully unlocked by then. Company kinda freezes things for a bit, so they can get their taxes in order, and what ever else they need to do. Plus there’s bee a lot of releases over the summer, and the first release was end of January. Often you need a little time after your first release to get things in order to entice people. Not only that, but by having a hiring push in March and April, you can hire people that are about to graduate.
Like I said, I have zero skin in this game, and don’t plan on touching EOS. There is plenty to be unsure of when it comes to them, but you’re not even touching on that stuff, and instead focusing on crap in left field. Shoddy journalism like this gives yourself a bad name, and makes people not want to trust you. A poorly written hit piece like this may end up with the opposite effect of what you intended, as people can spot the poor logic and write off everything you have to say.
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Goktug Yilmaz
Sep 12
Thank you for your thoughtful response Keith.I think “bitching” is a harsh word for to use instead of criticizing.
I agree that I might have zero knowledge about some of the things you’ve stated. But no one is coming up with an opposite argument with any kind of proof. I might be wrong, I might be right, but there is something “off” with the organization and I believe investors in the project should know about the facts and make up their mind.
I don’t agree about the fiscal year budgets. Startups don’t do that. You don’t need to create budgeting plan to hire a few engineers when you got $4B.
I’m not touching on the stuff you’re unsure about because like I stated at the start of the article, “Those have been debated to death”. I wanted to shed light from a different angle.
Keith Brown
Sep 12
The reason I brought up the fiscal year stuff, is due to tax reasons. Taxes are due in the US no later than April 15th (unless you are able to successfully get an extension). From what I understand, a large portion of EOS ICO was done via Etherium, so they would have to sell some of that off in order to have liquid assets in order to pay their taxes. If they sold off too much at once, it would impact the value of etherium, and thus make it difficult to obtain the amount of fiat currency they wanted. In addition to this, I know earlier this year some exchanges were putting a freeze on people selling EOS crypto, so the 10% that they withheld would be difficult to liquidate. So, I could totally see them, even as a start up, hold off on major spending until they freed up funds to A: pay taxes, and B: cover any upcoming expenses including that of hiring additional employees.
Yevgeny Devine
Sep 11
Poorly-written, logically inconsistent, and misinforming article.
Luka Percic
Sep 12
[5] If they actually hired people for a research department, this product would probably be written in a functional programming language instead of C++.
You saved the best idiotism for the end didn’t you. Bitcoin is writen in c++, graphene (codebase from which eos was forked) was written in c++ and daniel is a c++ ninja. The idea that eos could/would be written in functional is laughable.
Henry Dennis
Sep 11
Misinformed article. EOS is a community project and is not owned by BlockOne so any dev build on it as its an open project. What a tool.
ATI nsider
Sep 14
A quick correction to your misunderstood comment.Quote: “EOS is an experimental blockchain with lower decentralization and higher scalability.”
EOS may be an experimental blockchain (Just like every single Blockchain platform out to date), and EOS is Decentralized. Those that claim otherwise, I simply need to remind them that EOS is more decentralized than Bitcoin & Ethereum, just to put things into perspective. At least 2 BTC mining pools can easily control BTC.
i realize you are like the sheepherder of steemit, only sheep follows you