Is anyone surprised? Sound like another coin we know created by the same scam master?
https://www.cryptoglobe.com/latest/2018/06/eos-centralization-top-1-6-of-holders-own-90-of-supply/
https://www.cryptoglobe.com/latest/2018/06/eos-centralization-top-1-6-of-holders-own-90-of-supply/
Genuine question:
If you think steemit / @ned is scammy and EOS @dan is scammy , what motivates you to stick around Steemit/ hold STEEM?
Hopes, dreams and a little insanity.
nice new avatar. looking positive.
Damn, I was going for slightly creepy...
Are we brothers? Comon brotha, @dan's a great guy.
Suits you well, the fun guy :D :)))
It is. Only slightly, mind.
Damn it. Your avatar just lost an appeal :(
Steem is not that centralized IMHO :)
Great question, PLEASE @Berniesanders I would love to hear a response.
that's not a great question. steem is not steem inc.
Isn't Steem ( blockchain tech/currency) developed by Steem inc ?
Yes , they are separate but they are connected too , from what I can tell.
Well just in this month he has transfered more than
87,000 STEEMto bittrex.Still quite active and vested , won't you say ?
EOS uses stake-voting, right?
So why is there such a big problem with reaching 15% votes when 90% of the supply is shared under such a small number of people (1.6%).
Are the wealthy guys too lazy to vote or what?
I'm guessing it's because even they're smart enough to not release shitty, buggy code...
probably not wanting to flaunt their centralisation.
I like that you are willing to rock the boat Bernie and I laugh every time I read one of your posts and the way it is written. That is why I have upvoted this post but I question the validity of that article and why it would seem that EOS is so centralized at this given moment.
For one even technical people were a little frightened at the registration process for the ERC-20 tokens and how easy it would be to recover the snapshot coins on the mainnet. There were a lot of unknowns. So a lot more people who still wanted to keep a position probably kept their coins on the exchange so they didn't have to go through that process. So however the exchanges like Kraken, Binance, HitBTC were keeping their wallets and registering then yeah it would look like large amounts were held by a small percentage because those are the exchanges.
I'm not saying everything is perfect with this launch but personally I feel like I had a fair opportunity to commit the capital I was comfortable with over the past year to the project. I don't feel the same way about STEEM.....I always felt it was impossible to "catch up" with other people on this platform.
My new theory is that you might not be @ned but a Canadian ex pat living in Thailand in a mansion overlooking a tropical beach. My clue is you have said "eh" in a couple of your posts.
Just usual bollocks from people who claim to want a fairer society. They do, as long as their share is fairer than anyone else's....and they still get to control it.
There is scant little difference between this brave new world of crypto and the traditional markets it wants to replace. Its no more than an attempt at a transfer of power rather than a removal of power.
Well, its emplacing us within a technocracy. Which is at least better than a corporatocracy.
In what way is it better ? I personally think its infinitely worse. Information and data is the most powerful commodity on earth. Why do I wish to be governed by people who can control this data on a whim using technology I could never hope to understand? IQ should not be a measure of power and hence, control.
Until someone comes up with a more viable and sharing alternative, I'll run with the 'better the devil I know' adage.
Corporations are agnostic toward moralism to a point of deprecation of society. Basically its no different than a technocracy but it lacks any of the potentially good aspects a technocracy can provide. A technocracy will tend to follow some kind of moral code on some kind of fundamental level. While a corporatocracy has zero issue with turning your dad into soylent green to increase profits by 1%.
There is nothing we can do about this. Its always going to be the fundamental rudiment of power. Those who are smarter will always be more powerful than those who are not.
Agree,, to begin with we must realize that the "democracy" dream has failed and has evolved into a "Oligarchy". I correct this, the first step is getting rid of the "Bought out" corporate representatives in Congress and replace them with currently "Unbought"reps. Then to realize that the "Founding Fathers" never mentioned "Democracy in either the Declaration of Independence or the Constitution. They were very clear that this was to be a "Republic" which would be led under the "Rule of Law" not purely by "Majority Rule"...
The first step is to look at such issues in a global context and remember there are more countries on this planet than the US.
Specific to your reply, Id wonder why you base all your US history from the point of your Founding fathers onwards ? The world is much older than that.
Because when I speak about things to do with American Citizens I try giving the "History" required for that instance. If I were an expert in, say,, India(?) I would generally speak about Gandhi and the colonialism of Great Britain, but I am not, so I only try influencing my own citizenry... United States was born, not in 1776, but rather 1765 when the Declaration of Independence was first written.
And this:
https://bcfocus.com/altcoin/eos-eos-will-be-confiscating-tokens-that-are-being-hodl-for-too-long/14000/
Lol.
That is not appropriate on EOS part. I'll sell at first opportunity.
this is a crazy red flag. Enough for me to not be interested at all anymore.
Really??? wowwwwwww looks like i need to sell some eos
Jeeze
Decentralised in name, but controlled by a consortium of a few people through token distribution, so de facto quite centralised, only without the efficient infrastructure of a completely centralised system controlled by a consortium of a few banks.
Oh, to be able to buy such a coin; aren't we the lucky ones.
There go my last voters.
LOL. And they want my minnow vote for official launch. Epic fail :P.
Isn't it the same with
realfiat money?Funny you should ask that given that's exactly what the creator has always spoke out about...
That is just unfair and unreasonable is every way possible above and beneath the end.
EOS is being controlled like a puppet more than any top coin I've seen
I give Dan a year before he ditches EOS to create the next (insert market leader here*)-killer.
A year? He's probably already making it.
Isn't that the steem 2.0 he plans?
Who knows? The common denominator is shady.
Good. They won't be able to touch Bitcoin.
Lots of bugs.
https://cryptopanic.com/news/2246413/Bugs-Still-Plague-EOS-When-Will-It-End
Sounds familiar
1 holder with 10%, 5 own 35%, 10 own 50%. Top 1.57% is 2570 people at least, but for 10 people to own 50%... fucking rofl. These people must be laughing their heads off at how easy it is to fucking scam people.
isn't this similar to what is going on with steem?
shit...that's why I am not holding eos, they can control the price so easy.
Bern speaking the truth again, I wont touch it..... I cant believe people actually think this ish will go somewhere but It goes back to what my pops said, Theirs a sucker born every minute.
After the initial Steem debacle, I refused to follow the herd into EOS. I of course lost out on a lot of potential profit, but I am not following, party to, or involved in the scam in anyway. I have had a really bad feeling about Stan primarily, and the apple never falls far from the tree. EOS is the next rung in their scheme. Now they can go run off to whatever hole they want with the incredible amount of funds they have.
Oh lord, I don't even want to get into Stan... He was basically driven away from Steem for being so fucking shady.
Mr. "I GOT A SURPRISE and A SECRET!" pumper.
I think there may be a future lesson in crypto schools about the "Larimer Effect" or the "Larimer Law" when they eventually get hit.
Gave me the fucking runaround when I asked him about Arise and sure enough that bullshit fell through.
Gave me the fucking runaround when I asked him about Arise and sure enough that bullshit fell through.
You have recieved a free upvote from minnowpond, Send 0.1 -> 2 SBD with your post url as the memo to recieve an upvote from up to 100 accounts!
If that 1.6% were producing 90% of the quality content, I'd have no problem with it. But we all know that SURE isn't the case.
Why would people change just because technology changes?
They are still the same greedy scammer on the inside..
Another example for the history books and lessons learned
Well fuck.
Well that's surprising!
You got a 25.97% upvote from @postpromoter courtesy of @berniesanders!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
So Bernie what is your stance on this exactly? Are you more pro Steem and find EOS to be detestable?
Or are you against both platforms?
Steem has been one of the best things I have ever uncovered on the internet. Its been highly beneficial for me even with all of its flaws. I am simply hoping that EOS will spawn more similar platforms honestly. I think it will.
Well, I've been here since day 1 and I know exactly how the launch of Steem went, who was involved, mining, etc. It was, well, interesting. Steem has it's distribution downfalls, but nowhere near the levels of EOS.
I think with EOS, we'll be learning a lot more about who these large holders are and why the ICO was structured the way it was. We'll be revisiting this soon.
If Steem had a community who would actually contribute to the codebase, rather than relying on STINC, it could go places.
As long as we're relying on a team of amateurs to improve Steem, we're screwed.
I am willing to bet that Dan's steem killer dapp he wants to create is going to just end up with a bunch brand new equally bad problems! HA
I dont really think steem will be screwed though. At worst it will just be a solid social media dapps platform. Its not technically that hard to base a game on this blockchain. I have a couple people I know looking into it.
There is a lot of potential here even in a stagnant development cycle. Sometimes stagnant development cycles are a good thing as it allows for people to feel more secure in being creative.
Dan made you rich. WHY you bitching? I am sure before steemit you were what?
Bernie busted his ass to get where he is. You do not even have a profile picture. Try again?
oh goodness! I am running on 24hours of sunlight and I am manic as hell. I am just saying to him like I would say to my kids. Stop complaining and enjoy life. Ya know quit your bitching. As for my profile pic....uhhhh yours is cute? Have a great day you little shit :)
Correction. Mine is adorable.
Logarithmic scale makes such a big difference...
Finally you should give kudos to these guys for bring up great idea for the enhancing of human living. Try to encourage these guys @ned and @dan. Stop the bully
I think I understand what you say, sir @berniesanders. But, I really do not understand much of the questions in this area. I have told a lot of my friends and now I am telling you: If you think that Steemit or any other Blockchain Platform is Scam or inconsiderate or not equitable. So: Instead of fighting so much and trying to correct the possibly incorrigible, why the you and others who think the same, better join us and create a "baby" blockchain our most ethical, honest and equitable that works?
PS: Although I really believe that Steemit can improve, in every way... Let's help improve
I love those hashtags... LMAO
@berniesanders I wrote about EOS over two weeks ago in a post I titled EOS Is An Accident Waiting To Happen which was flagged by good old friend @dan, fortunately, someone swooped in and generously swung the post a bunch of upvotes to rescue it (for which I am eternally grateful).
EOS has been emitting all kinds of warning signals for months. Everyone has been giving this project a free pass when they ran an ICO without a cap. They raised billions of dollars because unlike almost every other ICO, they didn't implement a hard cap.
The biggest question I have, all those billions and they're only offering to pay out $10k for serious bugs in their bounty program, why? And looking at their bounty page, they've paid out a lot of $10k bounties. EOS can't even reach concencus amongst its holders to stake enough tokens to launch.
Did you calculate this same number for Steem?
There is almost nothing decentralized about crypto currency. I guess this creates a huge possibility for things to go terribly wrong.
People are all on that EOS hype. It shoule be okay to critisize but I see people react negatively against it.
Congratulations @berniesanders!
Your post was mentioned in the Steemit Hit Parade in the following category:
say it ain't so
:(
Top 1.6%? That's a lot of people especially considered how many wallets are probably 0 balance or have a very small balance.
This is about the same as every other cryptocurrency. You can't stop rich buying up coins and opening up super mining farms.
think u need to get outta here with this fud. No one controls the chain.