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Author Topic: Bitcoin could run on EOS  (Read 219 times)
D.VAN77
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March 21, 2018, 02:24:42 PM
 #21

From what I can see people are really mixed about EOS. On one side Dan Larimer surely knows what he's doing. On the other hand each and every one of his projects is entangled in some sort of shady scheme like the possible rigging of the Steemit mining event.

Overall, I'm sure that he has a vision of what he wants blockchain to be, but I'm afraid that this future looks surprisingly hollow from the pure morality standpoint. I do hope that EOS can convince me that I'm wrong, but I just don't have the best feeling about this one.

As to Bitcoin running on EOS? There will be more and more platforms that will try to unify various blockchains. So I guess it's possible that EOS can be one of them.
xda-developer
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March 21, 2018, 05:10:54 PM
 #22

It will not have any common with Bitcoin. It will another coin, which will based on completely another blockchain. I think this is just speculation by information to drive up price of EOS.

Hughesy26 (OP)
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March 23, 2018, 07:05:37 PM
 #23

I heard that the EOS team has dumped ETH in recent days. Do not know if this is true or not?

The EOS team receive 15-20k ETH a day from the crowdsale...so yes it probably is true that they are dumping ETH. This isn't as bad as it sounds though - remember people must be buying large amounts of ETH in order to contribute to EOS which will have helped to drive the ETH price up beforehand.

Also I think it's natural that contributors to EOS would want block.one to hold a good chunk of the billions of $ contributed already as USD, or at least something that isn't such a competitor to EOS in the way ETH is.
It would be counter-intuative if EOS held all the ETH they received, released an amazing project that took the market by storm and took a massive chunk of Ethereum market share. If this happened, the price of ETH would tank and EOS would be left with a great project and no money lol

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