EOS continues a sharp climb in price following heavy trading over the last few days, having increased around 50% in 48 hours and 400% over the last 6 weeks!
EOS is due to go live this Summer, at some point in the next 10-12 weeks - so there is understandably an increased excitement about it and desire to get in as early as possible. Since EOS represents a new paradigm in technology, in terms of it's ability to support huge scaling of internet apps and to effectively 'make governments irrelevant' through intelligent use of smart contracts and systems of arbitration and dispute resolution - EOS is understandably one to watch this year.
Those who use Steem will no doubt be aware that the main architect of EOS is @dan (Larimer) - the designer of Bitshars and Steem! Since Steem has had such a rapid success and proven itself to be a revolution in the field of social media, it is fair to conclude that EOS will represent a quantum leap forwards as Dan makes use of everything he has learned through his earlier projects.
I will be putting more time into researching and testing EOS in the coming weeks, but so far I know that it has several technical differences to Steem:
A 1 second transaction time, vs 3 seconds for Steem. This means that interactions on social sites that run on EOS (For example) will occur in 1 second - which is actually faster than Facebook - meaning that next generation social networks can stand a chance at improving the user experience over Facebook's current performance level. Maybe Facebook will migrate to EOS? ;0)
The equivalent of the witness system found on Steem is quite different and as I understand it, the main nodes in the network are expected to be large institutions such as universities.
The most obvious difference - EOS is an actual Operating System that is distributed over it's network, meaning that instead of us being limited to making social posts over the net - as we are with Steem, we can actually run applications over it!
@dan has publicly stated that he intends to build Steem 2.0 on EOS, meaning that we might see a new equivalent app to Steem at some point soon which equals or betters Steem. It will surely be exciting to watch how Steem's development, including Smart Media Tokens, plays out alongside EOS this year and beyond!
With Ethereum currently nearing $700USD and with EOS being likely to hugely surpass Ethereum in terms of it's capabilties - could we be headed for an EOS takeover and price jump up to hundreds of dollars per EOS token? We shall see!
Wishing you well,
Ura Soul
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EOS will be great!
Btw. I still need to register my EOS, but I dont want to use MEW anymore afther the hacks.
What should I do next, any pointers?
You can either transfer to Binance or use the Exodus Wallet locally, if you prefer ;)
EOS is certainly flying at present (eased off in the last few hours) but I think it has a long way to go. If the launch goes well in 5 weeks anything is possible!
I reviewed my crypto-investments this wknd and found that EOS has actually been my most lucrative crypto investment - so very glad I have 60 of these bad-boys!
Steem is actually my main investment (over 1/3rd of my porfolio in value) and what I like about it is the usability! And from what I can tell EOS looks like it's even more 'usable'.
As I understand it, there's also plans to make EOS platforms more immediately responsive to users than steemit is, i.e. even more decentralised. But I need to research this aspect more!
Whatever the future, I'm very happy I'm in on it!
Don't forget to 'register your tokens' though - link
Yes, thanks for the reminder. Binance.com will automatically register the tokens for you if you hold your tokens with them, but you may miss out on airdrops if you use binance and don't hold the tokens in your own wallet. Exodus wallet now makes the process simple.
Oh didn't know that, good to know! I didn't think it was that complex anyway (as long as you have a cheat-sheet to follow of course!)
I am holding my own EOS and have registered the relevant ethereum address. I understand that no other airdrops are due before EOS launches! I am assuming that shortly after launch there will be some form of wallet available for EOS, that will also hold airdrops. It suddenly becomes less fun if you have to register or claim for each airdrop!
I hope so! I'm assuming I only need to register once...
Well we will have to register the eosDAC when the chain launches as we have already been awarded with those, so can trade them. I don’t think any other airdrops are due before launch!
The fast pace of EOS growth is a type that calls for a party where chilled Kunu drinks are served invitees. This is goodnews and a beautiful one to start the week with.
I don't think facebook will migrate to EOS soon, rather Mark might want to come up with a similar innovation to improve facebook experience.
Well done @ura-soul, do have a successful week ahead
Hi @ura-soul ! Perhaps the historic moment in time is getting closer, when the biggest transfer of wealth occurs from ETH and BTC to EOS, Steem and BTS?
Regards, @gold84
If all goes well with the technology, I'm sure there will be a shift.. The size is determined by the passion humanity throws at distributed creativity! ;)
I feel the same! Its great to be able to see this change in the entire system, and that people will be able to have real freedom, and control the things they own, not being threaten by the corrupted centralized institutions.
Regards, @gold84
Wow this is the great news for all steem people , such a amazing news
Your post is always different i follow your blog everytime , your post is so helpful . I always inspire of your post on my steem work . Thank you for sharing @ura-soul
Follow my blog @powerupme
Every single day,I have tears covering my eyes, because I didn't have money to buy EOS when it was 6$ ,about 4weeks ago .
Look at where she is now....
EOS is a crypto on steroid,haven't seen anything like it yet.
I was watching it when it was $0.45 and got distracted and didn't buy any ;)
Man! $0.45?; imagine the gain you would have been swimming in, over 300% profit.
I guess we just have to take risk without thinking twice!.
I was crying why I didn't have money to buy when it was $6...,but now I'm weeping for the gain you would have made.
I think the profit ration is more like 5000% profit! ;)
Yeah, there are some Steemians who got in that early and some of them put a lot of money in!
Maybe we will see them bring the benefits back to the community.. Or maybe they will go and buy a nation somewhere.. lol
Lol! You've got me laughing so loud...a whole nation, that was a rib cracker!.
Truly, 5000% profit can but a lot...
I hope we make such huge profit someday soon.
I'm having my eyes on a Mustang.
I call EOS the beast coin. The way it grew shocked me. Ti think that it has finally touched $20 is amazing and I wonder why steem it still crawling. I really wish the proposed steem 2.0 will do more to boost steem that it's already doing right now.
Wow this is such a brilliant news @ura-soul, I think this is something that can change the future for trading and traders. EOS rise 400% is just a new step for all other crypto too. I am looking forward to put some in EOS also thanks a lot sir for sharing this. I see you have a great knowledge of trading.
EOS is amazing, I've posted a lot about its potentials and I suggested many investors to keep it and hold it...Last time I checked EOS was 6 USD and now I am hearing that it's touching 20 USD, 400% increase
it really was gamechanging and will be too...
I think in any time it can fall. because is climbing so high so it may fall a little.
Absolutely, however, the launch time is approaching and it is natural for the price to continue to climb during the period.
Agreed
Honestly I’m finding it too hard to purchase EOS on bitshare and this has caused me a great deal of heavy heart, I’m not happy , I’ve been so unhappy. Though I’ve been trying to do it from my phone . 😤😤
I don't really like Bitshares or understand it much. I recommend using Binance.com instead for EOS.
I hate it, very complicated and just too hard for me honestly . But I have my Open steem on bitshare
hey when is EOS blockchain coming into being? eager to join it
34 days according to this tracking website
😀wow this is awesome man 34 days to go, wohooo
EOS is amazing, I've posted a lot about its potentials and I suggested many investors to keep it and hold it...
it really was gamechanging and will be too...
and Cardano... I can't talk about its greatness...it will be the future of crypto and blockchain and no other competitor is that powerful to beat it...
I have this investing plan to just pile up as much ADA as I can for about 2 years...
when I buy ADA a few cents each, I feel I'm in 2010 and I'm buying bitcoin or ethereum...
There has been a lot of conflict between @dan and the guy at Cardano as I recall.. Dan basically said cardano will fail.. We shall see!
surely there are conflicts and opinions are different...they're not on the same pace and they're not doing the same project and have not similar visions tho...
btw what I said, was just based on my own research and ideas... it may not be true from different points of view... anyway...I believe in cardano but in a more long term way...eos will adapt faster and easier indeed..
i bought 10 EOS Wen the price was 15$ two days ago.
chill eos holder,i think its going good.
Last time I checked EOS was 6 USD and now I am hearing that it's touching 20 USD, 400% increase in coming weeks, man that's awesome a huge increment shown by EOS, I am really eager to join this platform.
I'm very keen on EOS, even more so now! EOS is now interesting! I joined the ICO for a small amount and bought some extra later on.
Having an equivalent app to Steem which equals or betters Steem would make so much sense.
Dan is making a masterpiece from his experiences on the earlier projects which have actually been a success and still growing. I can only imagine the height of EOS. I can’t wait. EOS to the world!
really a good news. I hope its increase day by day.
Thank you for share a great news. best of luck.
nice to see EOS upgreding.
thank you bro for update
Great news sir
dear sir,
Many beautiful and important posts. Every word is very important for our steemit user.. Thank you very much for share
Dear @ura-soul sir,
very good news it.best of luck on steemit.
The beginning to monetary sovereignty...