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RE: EOS Mega Update Vol 10: EOSfinex, Delegate CPU/Bandwidth to others, Scatter mobile coming to Android/iOS, Dan Larimer wants to help with lost EOS private keys, Everipedia page editing demonstration

in #cryptocurrency6 years ago

Hey Colin, what is your opinion on how EOS stacks up against Ethereum in the long run? I understand right now EOS is faster but I think their token distribution and commitment to the kind of ideological approach may be a hindrance. the reality is right now the demand for scaling simply isn't really there as people are not really interested in using Dapps and true adoption of these technologies may take time and by that time Ethereum will likely be on par with EOS scaling wise. I suppose time will tell but I am sticking with Ethereum for the long term, although I invest in both and just created my EOS account.

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I think they are both solid investments. I personally believe EOS will rise in price faster than ETH. You may think that people "aren't really interested in using Dapps" but I do not believe this is true. We've already seen some apps on ETH gain high interest and use, only to be let down by the blockchain's ability to handle volume. EOS will not let down in this regard, so when something goes viral, it will be able to handle the volume. I think the reason we haven't seen many huge Dapps is because the blockchains couldn't handle huge Dapps. Now they can with EOS. But again, I hold both ETH and EOS, and I feel they are both powerful platforms. Vitalik and Dan are both geniuses and I believe both have good visions.