Can anyone tell me about EOS?

> so it's decentralized unless it's not
Got bad news for you: BTC/BCH/ETH are all mined by

Attached: eth_mining.png (602x381, 38K)

The problem is not only in that.
People make mistakes and it doesn't require for them to be a "party".
Mt.gox happened because people made a mistake. But it happened "outside" of btc blockchain. On eos such mistakes can happen onchain.
It's like if eth community didn't need to make fork because of dao hack.
Will they abuse the power? Even if not, they still can. Can they make dramatic mistakes? Yes, they can. So eos is a new form of organisation, probably interesting but it doesn't solve the problem of trust.
Btw it still probably worth investment but I wouldn't expect it to be the winner 2 years from now.

Pools are not one miner lad

comfy to see redditors still don't get EOS

>what is immutability
>what is blockchain splitting
>what means they do understand the problem and try solve it, not hardcode it

Redpill copypasta:

1. Dan is the new king of Jow Forums
2. EOS will deliver what Ethereum promised and scale to millions of free transactions per second
3. 1 billion capital injection program for new tokens
4. Those tokens are airdropped to EOS holders
5. Not vaporware. Active testnet and dev community
6. Launches June 1st - it's being priced in
7. Google co-founder Eric Schmidt and Mike Novogratz working with $1B EOS VC fund
8. They will pick winning projects to airdrop
9. EOS has no user transaction fees
10. User transaction fees are now obsolete
11. EOS is sustainable through < 5% yearly inflation for block producers
12. It's more decentralized than Ethereum (21 rotating voted in nodes - verified identities)
13. Zil, Hashgraph, Plasma, everything will be dead on arrival
14. Brock is officially uninvolved but officially has insane connections
15. This is like owning NASDAQ and receiving huge amounts of free stock in all of the emerging blue chips.
16. Interblockchain communication baked in
17. You can code with any language that can be compiled down to WASM (C++, C, Rust, and others. Google, Microsoft, Amazon are working on WebAssembly to support more languages)
18. Smart contract code can change if there are bugs without hard fork
19. Lost password recovery / friendly account for normie adoption
20. Supports floating point arithmetics
21. Implements IPFS for distributed file storage to BTFO Storj and Siacoin github.com/EOSIO/Documentation/raw/master/EOS.IO Storage.pdf
22. Has a lot of ETH to dump on ethfags
23. ADA copied Larimer's ideas steemit.com/cardamon/@dan/peer-review-of-cardano-s-ouroboros
24. EOS and Bitfinex will create EOSfinex decentralized exchange
25. Many ICOs are already queued up to launch on EOS and dump ETH
26. Based in Cayman Islands to avoid tax rape when cashing out the ETH from ICO to fund EOS development
27. Hired team of C++ developers to work full time on EOS and deliver ahead of the schedule every milestone

Attached: A68B201B-4F55-4B0B-B6FD-B1D6070741C1.jpg (940x1275, 182K)

>Dan is the new king of Jow Forums

So Dan is Sergey wannabe?

Dan was on bitcointalk posting with Satoshi before any of today's retards knew what was bitcoin

You can tell it's a scam by the way it's been marketed and shilled.

Tell me right now the purpose of running a full BTC node or fuck off

>cashies still dumb as a rock
How do you survive in real life?

thx bought 100k chainlink

technobabble

have you fucking looked at steemit brainlet, it's all on the blockchain. plus there is a working test net

and read all of this again faggot
1. Dan is the new king of Jow Forums
2. EOS will deliver what Ethereum promised and scale to millions of free transactions per second
3. 1 billion capital injection program for new tokens
4. Those tokens are airdropped to EOS holders
5. Not vaporware. Active testnet and dev community
6. Launches June 1st - it's being priced in
7. Google co-founder Eric Schmidt and Mike Novogratz working with $1B EOS VC fund
8. They will pick winning projects to airdrop
9. EOS has no user transaction fees
10. User transaction fees are now obsolete
11. EOS is sustainable through < 5% yearly inflation for block producers
12. It's more decentralized than Ethereum (21 rotating voted in nodes - verified identities)
13. Zil, Hashgraph, Plasma, everything will be dead on arrival
14. Brock is officially uninvolved but officially has insane connections
15. This is like owning NASDAQ and receiving huge amounts of free stock in all of the emerging blue chips.
16. Interblockchain communication baked in
17. You can code with any language that can be compiled down to WASM (C++, C, Rust, and others. Google, Microsoft, Amazon are working on WebAssembly to support more languages)
18. Smart contract code can change if there are bugs without hard fork
19. Lost password recovery / friendly account for normie adoption
20. Supports floating point arithmetics
21. Implements IPFS for distributed file storage to BTFO Storj and Siacoin github.com/EOSIO/Documentation/raw/master/EOS.IO Storage.pdf
22. Has a lot of ETH to dump on ethfags
23. ADA copied Larimer's ideas steemit.com/cardamon/@dan/peer-review-of-cardano-s-ouroboros
24. EOS and Bitfinex will create EOSfinex decentralized exchange
25. Many ICOs are already queued up to launch on EOS and dump ETH

this
I can't even explain why but my head sounds the alarms when I see EOS, the logo, the website, the pajeets shilling it, it's like all I see about it is hype & speculation but not a single sentence about what's it good for.

fast & up to date blockchain analysis, even potentially intercept hostile requests (network analysis/forensics)
major exchanges/payment providers can't rely on public node APIs
Probably more, there's node rental services so somebody buys them
not sure what you guys even arguing about, but there's reason to run a full node of anything. I'm too dumb & lazy to set it up so I rely on blockchain.info's API but I'd love to have BTC & ETH nodes for the 1st reason I mentioned.

28. Still under the radar for brainwashed idiots because Ethereum is terrified and spreads FUD relentless
29. Built for parallel computation from the groundup
30. Each account has a private database, built-in permissions, authentication, and everything you need to build complex Dapps that are impossible to be built on Ethereum

The way it will go down is simple. Ethereum will forfeit the global computer rhetoric the same way Bitcoin forgeited the general currency rhetoric. Ethereum will just be for immutable smart contracts (which is both ironic and unfair to Ethereum Classic) and EOS will bring adoption via Dapps that scale and have real use cases. It's the next generation blockchain, but I'll stop shilling it so much because I'm still buying and I don't want Ethfags to hold any EOS by June

>The way it will go down is simple.
Who knows, enexpected things happen and maybe zilliqa is the unexpected thing.

My concern is this pre-registration of tokens before 1st of June. Why do I have to do it? Seems too complicated. Also dont wanna leave them on vinnace to wait for conversion. UnFUD me

the EOS fudders are probably the worst crypto noobs out there... most old whales know that EOS could flip ETH within this year after a successful mainet launch

You put in your eth address and they give you an EOS address.

Really fucking hard

there are so many noobs in this "space" its fucking disgusting. Some cant even do simple blockchain interactions

Having lost face anyway with this noob question, if I get the EOS babies on binance and get them into mew, where do you need to do registration?

sure sign of a pajeet
>flip eth
>reminds me of eth
>don't miss out

yea, because a better version of eth is very unlikely to flip it.
fucking brainlet

They have over 1B in funds waiting to support it. Care about tech or not, they have big financial backing and is not 3 NEET kids in a basement

This is what I bet on as a trader

Their website blows donkey chodes

Check out iohk’s site

iohk.io

Which one would you trust in creating a product

neither
this artsy shitshow is disgusting, they're allegedly creating world shaping products I don't wanna see this faggot shit
give me the deets not this cutesy normie shit I got whitepapers to read nigga

got bad news for you: miners have little power in ethereum. governance is explicitely informal, with formal structures (ethereum foundation, consensys, etc.) supporting it
governance is a hard problem and wanting to solve it solely with code is dangerous at this level of immaturity of the protocols. bitshares and steem both failed at governance. while this doesn't necessarily spell doom for dpos, dan's takeaway seems more "i can tweak the parameters and make it right" than "perhaps the model was flawed", and that's a worrying conclusion
but hey, maybe he'll deliver and eos will be a powerhouse. more competition in the space can only be good

did you even read the whitepaper?