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https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/Korea is reall warming up to crypto these days. If you haven't seen the Korean crypto space, let me tell you... its very popular!! There is a new common slangword in Korea, this slang originated from crypto Korean slang! Everyone there knows of crypto currency, and many MANY young people in Korea invest. This is especially so for Koreans working in financial sectors. With that said, What are your favorite Korean projects? I'll list a few cool ones. Fantom Bezant ICON EDEN Any others?
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Chief AI scientist Dr.Deng of Matrix claims that Matrix will hit 100k tx/s by September 30th! Currently, Matrix is pushing 50,000 tx/s.
This will surely make it among the fastest blockchains in existence.
Give me your opinions guys, EOS vs HPB vs MAN or other?. which platforms do you prefer and why?
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the EOS is a assemble of many techniques. many vulnerabilities come from other projects such as binaryen. we can't put all responsibilities on EOS. as long as EOS is getting better, i am supporting it.
I agree, like I said in the other posts, this is not necessarily the fault of EOS's tech, rather it is a fault on their consensus/governance system... this can potentially serious consequences if not dealt with accordingly |
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I think it's gaining more and more bad reputation with what's happening here and there.
However, I do believe that it won't have that much of an impact to its investors. Having Billions accumulated is something that should hold setbacks such as those.
True, and I must mention this is not the fault of EOS's tech rather it is the fault of its governance system. But these issues will create many FUD stories and events in the future no doubt. So, Who's created the governance system of EOS? There is a lot of bad news about EOS lol EOS even tries to look at ethereum governance system and there is a possibility to follow that. 4 billions blockchain is a big joke. Try to create a new system but failed. People has known EOS as 4 billion joke blockchain. Remember EOS wallet almost empty lol Yeah personally I believe this are early warning signs of HUGE issues down the line. the 2nd article link I posted will really show another side of EOS that is not commonly covered. I am quite worried how EOS governance will pan out in the future |
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I think it's gaining more and more bad reputation with what's happening here and there.
However, I do believe that it won't have that much of an impact to its investors. Having Billions accumulated is something that should hold setbacks such as those.
True, and I must mention this is not the fault of EOS's tech rather it is the fault of its governance system. But these issues will create many FUD stories and events in the future no doubt. |
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https://medium.com/@matrixainetwork/eoss-decentralized-social-experiments-and-matrix-s-decentralized-practices-a53d9f05667fHey all! As we all have heard, EOS seems to be making headlines quite frequently these days, unfortunately these headlines are not showcasing EOS's potential, rather it is showing the alarming flaws in consensus and governance. From alliance forming, vote buying, and even hyper centralization, these seem like a recipe for future issues. At first these issues may not come off as red flags, but these are nevertheless alarming signs for the future. I'd like to introduce you all to Matrix AI network (MAN). Unlike other blockchains, it is able to be both scalable and decentralized. Unlike EOS, Matrix nodes change every 10 minutes. There are 21 nodes that must be delegated to receive a reward, these nodes are chosen at random by matrix's AI engine every 10 minutes. the significance of this is that Matrix can have optimal scalability whilst staying decentralized. Check the Medium article above to read more. Also check here https://blog.usejournal.com/while-blockchain-platforms-struggle-with-consensus-matrix-ai-perfects-it-6a417976386c To see why Matrix's consensus model is more ideal than LISK EOS NEO ETH and BTC! your oponions are appreciated
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Hey everyone. As you all know, next generation blockchains are now arriving/launching. At some point in time, these next gen blockchains should solve the current blockchain trilemma issue of 1. scalability 2. decentralization 3. security. Are you aware of any blockchain projects focusing on this aspect? Recently much hype has been put into EOS because it promises high output scalability. However, there does seem to be issues with EOS in regards to Decentralization and Security. NEO also has decentralization issues. Do you guys think previous blockchains will beable to upgrade to solve the trilemma? Can the next gen blockchain of EOS do this in the very near future? What exactly is your expectation from next gen blockchains in this regard?
I think blockchain still needs development in terms of security, because as we see, blockchain and cryptocurrency are still dealing with big security issues, the news about hacking and theft is still a lot so that investors are still many who hesitate to enter into cryptocurrency True, there is still room for maturity of blockchains for sure. its still a very new technology |
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Hey all, it seems like one flaw with all blockchain platforms is in consensus/governance. I believe however Matrix AI Network (MAN) has perfected consensus. It improves where consensus systems of projects like EOS,NEO,BTC,ETH,LISK fail. Do you guys agree with my blog posts explaining this? In the post, I point out the governance/consensus flaws of the project above and explain why Matrix I believe improves upon their consensus short comings. https://blog.usejournal.com/while-blockchain-platforms-struggle-with-consensus-matrix-ai-perfects-it-6a417976386cplease leave any feedback or opinions on how these projects could improve, or perhaps offer an insightful counter argument. |
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Greetings all. We are starting to see next generation blockchains roll out into the market. These next gen platforms offer higher scalability as well as other perks such as improved consensus models, AI integration, and overall more scalability. With that said, do you believe previous generation blockchain platofrms will be left behind? we're talking about EOS, Matrix AI network, Zilliqa etc facing off against the likes of Etheruem, ARK, LISK, QTUM etc. Do you believe these previous generation blockchains are under threat by the new next gen platforms?
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I think Zilliqa will Deliver something different and intersting.
Zilliqa is interesting. But as you know, Zilliqa requires its own coding language does it not? Do you believe the language of "Skilla" will catch on in the real world or even become mainstream? |
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EOS is the next generation of Centralized Currency, EOS blockchain is not worth to be compared with Decentralized Blockchain like Bitcoin
I don't expect anything from EOS the team behind it has controls, many people doubt its decentralization and I think that can overcome the trilemma is the previous Blockchain because they are Decentralized, security on Decentralized Blockchain is higher than Centralized, and the previous Blockchain will be improved to solve the problem of scalability
Hey very good point! I feel however that EOS decentralization problem could however be quite dangerous in the future possibly. In its consensus model, there are 2 primary factions of node holders if I remember correctly, China and U.S. EOS has never held a promotional event in mainland China, yet there are the same amount of Chinese delegates as U.S. This maybe is not a problem in its self, however there was a Chinese article about how Chinese use vote buying and alliance building to help stay in control. This is against the law according to EOS constitution. Laws in corruption tend to not be hugely effective in the real world. Of course this is not a fault of the EOS technology, rather it is a fault in its consensus mechanism. I fear centralization issues could lead to a bipolar and hyper centralized form of "government" in regards to consensus. I just fear this can lead to bad corruption or something against the system. idk really |
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Hey everyone. As you all know, next generation blockchains are now arriving/launching. At some point in time, these next gen blockchains should solve the current blockchain trilemma issue of 1. scalability 2. decentralization 3. security. Are you aware of any blockchain projects focusing on this aspect? Recently much hype has been put into EOS because it promises high output scalability. However, there does seem to be issues with EOS in regards to Decentralization and Security. NEO also has decentralization issues. Do you guys think previous blockchains will beable to upgrade to solve the trilemma? Can the next gen blockchain of EOS do this in the very near future? What exactly is your expectation from next gen blockchains in this regard?
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Prototype or testnet speed of blockchain is not an indicator because expectations from test conditions may differ from the application in reality unfortunately.
True! I am however just pointing out the current level of performance Matrix AI network is performing at currently for its first gen prototype. If it proves these numbers and more in the future after main net, it will be a serious contender no doubt. Secondly, I also just wanted to show how it currently performs against other well known projects. We'll see how things turn up in the near future! |
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Fair point. I'll check to see if these claims are on their github or somewhere. I am trying to mention the more popular projects on the list. there are of course other blockchains out their claiming different figures. I'll be sure to take a look at Credits. Thanks for the feedback!
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Hey everyone! I'm always intrigued about how fast the blockchain space moves. One particular project that is really showing a lot of promise is MATRIX AI NETWORK (MAN). Even though its mainnet wont be until December, it is already among the top performers in the transactions per second race. Of course scalability isn't only about Tx/s, it is still however an important focal point in scalability. In case you didn't know, MATRIX AI is aiming for 1 million transactions per second, currently its first generation prototype clocked in at 50,000 tx/s. This figure is quite impressive despite being in its infancy.
To get a better idea on how this stacks up against other projects, check out this list I complied.
Current approximate tx/s standings as of May 2018:
MAN=50,000 tx on prototype (1 million tx in near future)
HPB=30,000tx
NEO=10,000tx
NANO(DAG)=7000+ ish tx (variable)
Ziliqa=2500 ish tx
Ripple=1500+ tx
ICON TheLoop=9000 tx (theoretical expected amount in future)
Waves=100 tx
QTUM=70tx
Neblio=20–35 tx
Lisk=16–25 tx
Etheruem=15 ish tx
Wanchain=15 ish tx
Aion=11tx
Cardano=7tx
ARK=5tx
IOTA (DAG)=variable *These figures are subject to change and serves as general approximate ranges.
What do you guys think?
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