Wappie posted on November 18, 2019 06:26:10
Another scam. Only difference being, it is a really big scam.
After buying eos tokens, you don't gain ownership of the tokens.
The cartel can at any point in time decide to take your tokens.
Was a blockchain needed? no
Was there a problem that needed fixing? no?
kurtwuckertjr posted on October 28, 2019 21:32:34
An over-planned and poorly implemented state machine managed by a cartel exploiting the broken governance model of DPoS. Dan Larimer thinks that his theories will always work better than things that already work in reality, and it shows. No wonder Satoshi had no time to explain bitcoin to him.
Mackody posted on October 02, 2019 23:59:05
Great project with high hopes and strong ecosystem, has issues mainly; market, adoption, and development.
Experience with Project:
• Token Holder
• Have worked alongside EOS projects
• Deep understanding of the network
• Have used EOS dapps many times
Cons: Very bearish outlook, slowed development, complicated onboarding, and semi-centralized.
• Bearish Outlook: Recently there has been an uptick in investor faith however overall unless you are leveraging, buy/selling options, or HODLing it's not the best IMO.
• Complicated: CPU, NET, RAM!!! It's difficult managing EOS resources and the on-boarding is steep. Thrice as hard to set up and manage EOS wallets than Ethereum.
• Development seems to have fatigued: EOS is huge in gaming dApps; notably those related to gambling, turn based strategy games, and card games. Besides gaming and gambling there really is not much going on. After the Block.One's announcement earlier this year re; Voice and the New EOS. Things have slowed down.
• decentralized-ish?: Not a con for me personally, I have no qualms with the idea of Block Producers . Simply put "An EOS Block Producer is the authority and curator of the EOS network. Within the DPoS system, Block Producers run the underlying network layer to process all transactions on EOS. [...] There will be a total of 21 block producers along with another 100 Back-up nodes overlooking the activities of the 21. "Healthy" candidates for the Block Producing role on the EOS network must fulfill a list of criteria and attributes in order to be considered for a vote. " (Everipedia)
Pros: Fast / Scaleable / High Transactions Per Second, Great for gaming, Many Ethereum Equivalent Dapps, Vibrant Ecosystem / DevBase
High TPS: EOS can go up to 650 tps (during a stress test) however there really isn't a "hard cap" at least not one I could find via a cursory search. For instance, Ethereum can handle around 15 and VISA can handle 45,000.
• Gaming: EOS is fun—it has the best gambling dapps out there, however while it has top notch gambling dapps the other apps are less mature. The most promising is Prospectors.io an MMORPG about life on the organ trail, it is still in betaland so fingers crossed.
• EOS version of popular Ethereum dapps : There are many projects on the EOS.io network that are taking on popular ETH dapps. Which is a great thing since EOS is much faster and scaleable. This is important since, EOS was pegged to be a much better version of Ethereum it is very similar in various ways.
• Vibrant Ecosystem: There are lot's of popular EOS dapp, in fact they hold postions in the 5th, 19th, 25th with tens of thousands of DAU's.
CptofIndustry posted on February 08, 2019 19:13:58
I am a C++ developer who left my job in the Biotech industry to develop full time on EOS. The EOS ecosystem is likely to be a prominent player in the future of cryptographic shared data structures.
1. EOS takes governance into consideration in securing the base layer of the protocol. This human element is seen as a weakness to some but to me and my study of complex dynamic systems I see it as an advantage. The human element is often overlooked in those who are STEM enlighten individuals but as my professional experience increases I have learned that humans are the reason difficult things happen.
2. More focused development than fully decentralized systems. I suggest people who come into the cryptocurrency space do studies of complexity. In short, too many nodes equals shortfalls of decision making where too centralized leads to single points of failure. The key point is to find the mathematical optima.
Buzzbeeg posted on February 08, 2019 13:54:43
I own EOS and like the project but I do have some fears. They raised a lot of money and I wanted to see amazing DAPS... yesterday. Regardless, they have a great team and a fast blockchain. Only time will tell.
Fiat Daily posted on February 06, 2019 07:30:13
I read somewhere that EOS had only 1 review yet and could use more so here you go: $4 billion or something like that raised in the ICO and there blockchain solution is all but censorship resistant with the ability to reverse transactions and what not. Also I am highly doubtful about the DPOS consensus, I think it is just waiting to get some collusion scandals and voter bribing to be exposed. For that enormous amount of money that they raised I have to admit I am a bit disappointed. Good thing the bear market has made EOS significantly less over priced than it were.
Crypto Anonymous posted on October 17, 2018 05:14:42
Highly controversial project within the cryptospace. Dan Larimer's reputation because of Steem has given him a good amount of credibility. The amount of money they raised through the ICO seems beyond any reason though and there seems to be a lot to be fixed on the tech side as well as the governance side. This is either the most overpriced software of all time, the biggest crypto heist of all time or (if all current issues are being resolved) it turns out to be a new force in the crypto space. I am personally 90% confident that this is not an intentional scam, but that doesn't mean it couldn't fail either.
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