Originally posted on Trybe
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Once again I have to praise the EOS community for its incredible openness, niceness and availability. When I first started this series, I thought it would be impossible to even get just community members like myself to talk. As it turns out, even the superstars of EOS are so cool that they take a few minutes out of their busy schedule to answer questions from a very small amateurish blog like mine. But I think this is what makes the EOS community unique. The fact that you within seconds can get in touch with co-founders, developers and brainiacs over Telegram or Discord. Where else can you do that? And that’s what I feel with EOS – that it is truly a community, unlike most other projects that are either fugitive (in lack of a better word) or outright toxic.
In this talk I’m talking to no other than the Co-founder of CPUemergency, Chaney Moore – also known as RiverKingfisher on Telegram.
Since I used to be an eager fisherman myself (before I got into losing money on crypto), it’s only natural that I kick if off with asking if the nickname has anything to do with fishing. And also, welcome to the chat man!
I grew up fishing, my grandparents from both sides loved to fish and would take me along at a very young age, as a result I’ve been an avid fisherman/outdoorsman my whole life. I lived on the San Bernard River, a brackish river on the Texas Gulf Coast, so the name fit and I used it on the local fishing forums. I also enjoy playing poker, just an amateur, but started playing 10-25 cent cash games in college and have been hooked ever since. I used RiverKingfisher back in the PokerStars days when playing online poker. The river is the last card dealt in Texas Hold’em and of course Kings are great cards to have, so the my handle has a double meaning.
A fellow fisherman AND poker player! Could you tell us a little bit more about your role in CPUemergency?
CPUEmergency was my brainchild. Back in August of last year we started seeing CPU crunching when Blocktwitter would send out dozens of transactions per second. People didn’t understand how CPU worked or staking and would get in situations where they were over 100% and couldn’t stake more EOS for CPU. I’m in a small private group of EOS acquaintances and suggested we create a tool to give people in need a hand. I’ve got a heavy bag of EOS and didn’t like how hard it was to figure out. One of the other members is a dev and said he would be willing to create the code and he had the first iteration up and running in just a few weeks.
Could you explain in short how CPUemergency works?
CPUEmergency is a totally free offchain solution for people that are over their CPU capacity to get additional CPU so they can transact again. A user enters their account name on our website and if they are in a range where our delegation of CPU can help out, they will automatically receive a short term delegation of 3 EOS of CPU. We use our own EOS to fund the CPU. It can be tricky as each delegation requires 72 hours before it can be used again and any new undelegation will reset the 72 hour window for all of the previous delegations
Soon after we launched, EOSBet became very popular. We figured out that we could offer more CPU to their users if they would use our referral link when playing. We joined their telegram and posted the link so that people out of CPU could keep playing. EOSBet liked the idea and the fact it was automated, as people were practically begging for CPU to keep playing. They asked if they could integrate our link on their website for an upcoming promo and things took off from there. We can delegate up to 50-200 EOS for most affiliated Dapps, but have done in excess of 1000 EOS in certain cases.
That is such a great service that you are doing for the EOS community. What happens to CPUemergency if or when the whole CPU situation is solved?
I expect that cpupayer (EOSIO code changes that would allow Dapps to pay the cpu costs of their users transactions) and REX will greatly reduce peoples reliance on us. There will still be people that get in a bind and need a hand, but likely not many. While we do have a few opportunities up our sleeve, I hope that EOS continues to grow and eventually CPUEmergency will just be a vague memory from those of us that were here at the dawn of EOS.
At least it will be a very positive memory of a community and project that really wanted and contributed to push the EOS network forward. How was it that you got into crypto in the first place? And EOS to be specific.
I had a coworker that had been trying to get me into crypto for a while, finally ran across some that provided passive income (big fan of having multiple streams of passive income). From there I picked up some EOS, but it wasn’t until the Everipedia airdrop announcement that I realized what EOS may become with a $1B VC fund and how the hodlers could profit further. I did a lot of research and eventually started writing some articles for EOSYS about airdrops.
So what happens after gambling Dapps?
Games, games, games. Gamers are comfortable with digital transactions, crypto provides a perfect dovetail. I don’t have as much time to game as I used to, but I have EOSKnights on my phone and can’t wait for further iterations from ITAM and Mythical Games
Games seems to be the general consensus on what is coming next, and I think it is pretty obvious too. As adults we don’t have that much time to play computer games anymore. But like me you probably more or less grew up with it, and sometimes I miss it dearly. Unfortunately you cannot make any money on it. I believe that adding a more vibrant economy into games through scarce resources, tokenised scarce items etc, will attract a lot of people who otherwise would do other things with their time. Value is created where people are, and we don’t even have to travel into the future to see how people live online. But the added value is still missing, and we need people’s time spent gaming count for something. They are creating a lot of value through their imagination, community etc.
Are there any Blockproducers you think deserve an extra mention?
There are so many to like, and for so many varying reasons. Probably Cypherglass, EOSNY, Aurora because they all put out regular educational and enjoyable content.
Great. I’m an eager listener to Everything EOS who are sponsored by Cypherglass, and Rob Finch of Cypherglass is a regular on the show.
How will crypto get mainstream adoption?
Crypto as an investment needs to see commercial and regulatory acceptance to gain mass adoption. The average joe would need to be able to easily buy it through his 401K account without having to deal with the issues we experience today.
For EOSIO to gain mass adoption it needs to be frictionless, user experience needs to approach that of non blockchain tech or we will remain among the fringe use cases. If Dan does figure out some mechanism for UBI/URI then perhaps that becomes a driver. That seems a bit out of reach to me though.
Yeah, I guess I’m having some difficulties with the whole economic structure behind how UBI would work, but I am no economic genius so I’m not going to get into that discussion. I agree with you though. I also think taxes and regulations should be easier to navigate. Right now the regulations are almost impossible and not “updated” so to speak to the current technological advances in Blockchain. And yeah, average Joe should only have to do one or max two steps in order to set up an account and play games or whatnot.
What was the last amazing thing you learned about EOS or something related to the EOS ecosystem?
I find out something cool about EOS on a regular basis. It’s impossible not to if you are tied into the space at all. Latest would be the dGoods initiative I heard about on the Everything EOS Podcast. Basically it’s a protocol so that non fungible tokens can all have the same standards and be easily usable by developers if they want. Allows for porting of in game items across games.
**Oh man. That sounds great. I haven’t looked into that, but I will definitely do it! **
**And then it just remains to say THANK YOU so much for taking the time to talk to me and talk to the community. I truly appreciate it. And thank you for creating CPUemergency! **
Disclaimer: This is not a sponsored or paid talk. But if you liked it you are of course welcome to hit that 5 stars and drop a comment below.