What's legitimately really wrong with EOS. It seems promising.
What's legitimately really wrong with EOS. It seems promising
Jacob Perez
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youtu.be
youtube.com
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Gabriel Barnes
centralized
scam
moneygrab
doesn’t work
holo
Michael Thompson
has more haters than any other project
also has the best technology
stop being emotionally invested in coins and just go with whatever the big guy like
Nathaniel Morris
EOS in a nutshell:
-By retards
-For retards
Not a scam, but dumb as fuck just like the people who buy it.
Lincoln Perry
the community is 95% speculators, no one uses or care if it succeeds. plus it's centralized and eventually a cartel will form, it's only a matter of time.
Lucas Morgan
There is nothing wrong with it. Its ahead of its time, all crypto that involves dapps is going to end up having to have some form of governance otherwise the dapps will never be able to gain mass adoption levels needed for the coin to raise in value.
HOLO included. Fuck even ETH included.
Hunter Murphy
Solves a problem bitcoin never had.
Bitcoin's problem is:
"well shit if I store every transaction that's going to take lots of hard drive space"
"little guys won't be able to afford that and everything will go through a few central miners"
So EOS comes along "hurr i solved the scaling problem, just give 21 miners big hardware and central power to reverse transactions"
EOS is centralized, completely useless.. Just use an Oracle DB if that's what you need.
Ian Hill
youtu.be
Start from like 10 seconds (for context) before 36:00 if you want to know why eos is pretty much dumb and bad
(Not saying it will or won't go up in price tho)
Kayden Smith
DPOS leads to oligopoly
Joshua Harris
they can reverse funds
Jayden Ross
if the block producers where morally good, it would work however,
1. block producer got caught reversing transactions
2. block producers are able to randomly blacklist addresses for arbitrary reasons (or no reasons given at all)
3. block producer caught manipulating token supply for their own personal profits
you simply can't trust EOS
Nicholas Reed
reminder
youtube.com
there T&C also states that EOS tokens arent an asset and theres no oligation for them to make them have value
John Collins
Isn't the RAM price insane, like $3k/mb? The block producers control the RAM supply and can create artificial scarcity.
John Young
FUD
Brandon Jackson
Nothing I have done 130 transactions and used 3 dApps and it feels instant and great.
Angel Nguyen
It's not decentralised. It doesn't even belong in crypto discussions. It's a shitty inefficient database with reversible transactions. Don't take my work for it, but listen to Szabo.
Kayden Davis
>Best tech
>Literally just dpos
Lol
Adam Howard
and that's exactly what they're doing. they were using a secret telegram channel for it.
Brody Phillips
Lol wow what brilliant architecture. Real decentralized platform where you have block producers forming RAM cartels which they then auction off as securities. Fucking garbage.
Charles Smith
Some random guys can literally just take all your money from you and there's NOTHING you can do about. Yes, literally.
Landon Rogers
Pumped with no working product.