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Author Topic: the EOS experiment is experiencing many set backs and hurtles  (Read 96 times)
Kurisuu9 (OP)
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June 29, 2018, 10:17:30 PM
 #1

https://medium.com/@matrixainetwork/eoss-decentralized-social-experiments-and-matrix-s-decentralized-practices-a53d9f05667f

Hey 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
kabzon_btw
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June 29, 2018, 10:18:37 PM
 #2

https://medium.com/@matrixainetwork/eoss-decentralized-social-experiments-and-matrix-s-decentralized-practices-a53d9f05667f

Hey 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
well, i thonk that eos is jot as bad as it is thought to be andi thonk that you do jpt have to disappoint in your strategy
kabzon_btw
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June 29, 2018, 10:19:26 PM
 #3

https://medium.com/@matrixainetwork/eoss-decentralized-social-experiments-and-matrix-s-decentralized-practices-a53d9f05667f

Hey 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
anyway, this is a difficult situationa nd i think that you need to check the nformation a lot, thpugh i believe in you
Grim149x
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June 29, 2018, 10:26:15 PM
 #4

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.

Kurisuu9 (OP)
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June 29, 2018, 10:31:16 PM
 #5

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.
CuriousGeorge
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June 29, 2018, 10:51:43 PM
 #6

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

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rockyfeller
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June 29, 2018, 11:01:05 PM
 #7

https://medium.com/@matrixainetwork/eoss-decentralized-social-experiments-and-matrix-s-decentralized-practices-a53d9f05667f

Hey 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
Thanks for this i am a big fan of Matrix(AI) there you have it. I'd like you to know that this coin would probably make it on the top 20. If you guys read their whitepaper and their roadmap. They promise their investors that they will deliver it on time and guys they partnered with a big project in china it's a billion dollar industry.

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Kurisuu9 (OP)
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June 30, 2018, 09:06:57 AM
 #8

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
melvingay34
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June 30, 2018, 09:09:41 AM
 #9

They should be better than this for something that's collected around $2 billion in ICO money or whatever the final figure was. I could do better than that with a $20k budget lol.
Octmath
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June 30, 2018, 09:50:01 AM
 #10

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.
Kurisuu9 (OP)
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June 30, 2018, 09:11:23 PM
 #11

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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