Monday the eos ico launches, great news for the digital world! An application that is developer friendly! Also will have useable dapps out of the box (steemit & bitshares).
If Ethereum is worth $34 billion dollars on mostly pipeline technology speculation dapp development. Then what is an application like eos worth with two of the largest market cap dapps no longer in speculation & developed with a decentralized market Exchange & a social media dapp???
Eos is proven... If an unproven, undeveloped dapp on ethereum is worth $500 million. Then what is something like steemit or bitshares really worth? Dan & his team may move so fast that you may start seeing big dogs like the DTCC & Microsoft jump ship for something more developed like Dan's eos platform. There is over 50 billion dollars in market cap poured in just for ethereum & ethereum dapps (including ico's) alone... Look how many developers they've hired for all these alt coin dapp projects (golem, first blood, Veritaseum, ect) & hardly any production yet. Ethereum has a long was to go & it's possible EOS leaves it in the dust. In the digital world a product is only as good as it's developers that can build on the platform. Take wordpress for example. Why has it been so successful for so long? Because almost anyone can develop on it. eos will be greater than Ethereum imo. DPoS = winner
Dan has a personal vendetta against government... of course the guy likes money, but imo this is more about freedom from the government, here is his story... https://steemit.com/introduceyourself/@dantheman/daniel-larimer--co-founder-of-bitshares-steemit
Time goto school people... Meet your Ethereum killer...
I think in the coming weeks more & more everyday small investors will realize what a hot pile of garbage Ethereum's platform is to build on for developers. The fact they have ZERO top 10 wall street market dapp's functioning & Dan already has 2 with a fraction of the funding should be a huge red flag to even a chimp investor. An investor will only bet on speculation for so long til he realizes he's missing the ship.
So again you gotta ask yourself, If Ethereum is worth 34 billion based on pipeline technology. then what is eos' proven dapp technology worth? They already have a decentralized market exchange & social media platform. These two real world market caps equate to over a trillion dollars in real money! So if you're banking on Ethereum changing the world with dapps while eos actually does it, who's missing the money train. At this point these guys that are still betting on pure tech speculation with Ethereum...
Delegated Proof of Stake (DPOS) is the fastest, most efficient, most decentralized, and most flexible consensus model available. DPOS leverages the power of stakeholder approval voting to resolve consensus issues in a fair and democratic way. All network parameters, from fee schedules to block intervals and transaction sizes, can be tuned via elected delegates. Deterministic selection of block producers allows transactions to be confirmed in an average of just 1 second. Perhaps most importantly, the consensus protocol is designed to protect all participants against unwanted regulatory interference.
DPoS is successfully processing transactions @ 100,000 + per second & improving. Ethereum is @ 20 per second. DPoS is the free market solutions to secure Life, Liberty, and Property!
Its my perdiction eos runs over ethereum, based on this single technology alone! Furthermore, any free market alternative to government that is unable to free us from the current government will not be strong enough to prevent a new government from taking over. Exciting times ahead eos is the real revolution, get ready! Remember 1st and Market doesn't always win, it's a huge advantage, but the best product usually wins. Look at yahoo vs google, mysapce vs facebook, ethereum vs eos ;)
eos does look promising, eth already has a long head start though
Thanks for sharing your perspective! I too am fascinated by the potential of EOS and I love Dan's track record. Thanks for linking to his introduceyourself post. Looking forward to reading it!