EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)

[sportscliche]

I tend to agree.  The whitepaper is not sufficiently detailed for peer review, much less a government grant for even a tiny fraction of the amount raised.  Yet EOS claims -- without proof -- to have a solution to an extraordinarily difficult problem that has eluded academics and scientists at some of the most prestigious research institutions on the planet for decades.  This by a team that has a reputation for over-promising and under-delivering. "Extraordinary claims require extraordinary evidence" -- Carl Sagan

[3months18w]

Well, It seems the tokens that are being sold now on ethereum network are not the one that are going to be used on the EOS blockchain later. I don't really know how they can be of such value right now, I guess that's one of the reasons why everyone says it's a scam. Personally I don't think someone can come up with something delicate as this without the intention to actually build it.

No, the ceo of EOS is a talented developer, I think that's why it raised so much money.I have asked my friends why they join the ESO, they are all addicted  the talented dev.

[BricoTkn]

And the rest of the people just don't wanna miss out on the "new bitcoin" (it this would be it )

[t3x]

Well, It seems the tokens that are being sold now on ethereum network are not the one that are going to be used on the EOS blockchain later. I don't really know how they can be of such value right now, I guess that's one of the reasons why everyone says it's a scam. Personally I don't think someone can come up with something delicate as this without the intention to actually build it.

I don't think it's a scam.  I think they will map out the EOS tokens onto the cryptographic tokens on the EOS blockchain.

I'm more concerned about their ability to enable parallel processing. 

The biggest selling point of EOS is its claim that it can process millions of transactions per second.  To do this, Larimer said that they will enable parallel processing.  PP is extremely difficult.  It takes teams and teams of programmers to enable this on a single computer.  I don't see how EOS is going to do this over many distributed remote computers.

I read their white paper and it does not explain how they will achieve parallel processing.  Based on such little information, the probability is that they will fail.  If they fail, then EOS will be similar to Bitshares.

Maybe they know more than they are disclosing in the white paper.  If they pull off parallel processing, it will be a monumental achievement.

I think this is the biggest risk with buying EOS.

https://youtu.be/l9gU3F2kMFM?t=641

[StockBet.com]

https://youtu.be/l9gU3F2kMFM?t=641

I've seen that video.  Do you really think he explains how he's going to enable parallel processing from that one slide?

I'm not saying that he definitely won't be able to pull it off.  But it's going to take many very smart OS level programmers, not necessarily blockchain programmers, because parallel processing is very difficult at the OS level.  I wish he does pull it off, because it will benefit many projects, including ours.

I think this parallel processing is what is going to make or break EOS.  There is no scam in regards to the EOS token, not launching the blockchain and leaving it up to the community to do so.

[lulhuh]

Since I was banned from their chat by Dan for discussing this, I'll just post it here.

https://image.ibb.co/esbsaF/eos_transfer.png

Do you have any proof they are buying EOS and not other coins, or USD? They say they will not perform any share buybacks and if they did I think it would be pretty much impossible for them to hide and they would be pretty much screwed pretty fast.

There are a lot of suspicious deals happening with EOS. For example this is from HitBTC
https://i.imgur.com/o4BIJvz.png

Check ask and bid amounts and how big trades are.

[knop]

it is clear the owner is rigging the auctions using eth raised in period #0 and selling both extra EOSes and ETH they got on exchanges for fiat or btc

[Lyd]

Should I now be able to claim tokens on metamask? Or will it take time to flush through?

[MBW_2]

Brendan Blumer (CEO) and Ian Grigg (Partner) gave a talk last night at a Hyperledger meetup:https://twitter.com/yiseulcho/status/885196889779351552

[MBW_2]

If you buy eos from today's distribution when do you get them?
Can you claim them directly after the the period closes?

[ostsee77]

Brendan Blumer (CEO) and Ian Grigg (Partner) gave a talk last night at a Hyperledger meetup:https://twitter.com/yiseulcho/status/885196889779351552

Yes. 1,38$ now. Wow

[StockBet.com]

Yes. 1,38$ now. Wow

Every coin is getting a lashing right now.

[knop]

anyone got a lower rate than advertised recently ?

[MBW_2]

Do you need to Register / Map your EOS Key each time you buy EOS or only the very first time?

[arc45]

That low price makes it look more appealing to get EOS from an exchange versus the long ICO.

[kings11]

That low price makes it look more appealing to get EOS from an exchange versus the long ICO.

Makes you wonder why would people be selling it for less than what they bought for in ICO?

[MBW_2]

It seems super profitable to buy EOS from the ICO. With 600 eth in, one can get like 3300EOS with 1ETH. Selling that on Kraken will result in a very nice profit. I'm wondering if I'm seeing this correctly?

[chryspano]

one can get like 3300EOS with 1ETH

Not really, as more and more people are contributing and we are geting closer to the end of this daily period, this "ratio" will change A LOT! The more the ETH contributed the lower the amount of EOS per ETH will go. The moment I'm writing this line it's 1454 EOS per ETH http://eosscan.io/ and it will probably go as low as 50-150 EOS per ETH at the end of the period imo.

[MBW_2]

hey guys I used metamask to buy and claim some eos tokens". Can anyone tell me if it would be wise to move them to myetherwallet and if yes, can I use the private keys i generated when getting the eos-tokens yesterday?

[densuj]

hey guys I used metamask to buy and claim some eos tokens". Can anyone tell me if it would be wise to move them to myetherwallet and if yes, can I use the private keys i generated when getting the eos-tokens yesterday?

Well i don't know about it but in my opinions the way to buy EOS token is different with buy token EOS on myetherwallet, i think you must try to buy the token EOS with myetherwallet, because in my experience to bought token EOS used myetherwallet.com it is more easy way than use metamask.