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

[Afrikoin]

Ricardian Contracts Inventor says EOS DPOS More Decentralized than Ethereum and Bitcoin Mining

https://cryptovest.com/news/ricardian-contracts-inventor-says-dpos-more-decentralized-than-ethereum-and-bitcoin-mining/

[scottish_xander]

Is it safer to hold the EOS keys or to send to Ether token?

If Ether had another mess up you could lose your EOS, right?

[Afrikoin]

[Wekkel]

Good one. Buy when EOS is still cheap.

I am sure you all have seen this already: https://bitcointalk.org/index.php?topic=2209559.0

[infested999]

How does dpos protect against the Pareto principle? Won't the large majority of eos eventually be concentrated into a few hands? The only way I can think of is that large stakeholders wouldn’t vote in someone that would hurt their investment.

[daniweb]

Hey guys is it better to buy EOS on exchanges or through the ICO? What is cheaper?

[ChromaticStar]

Hey guys is it better to buy EOS on exchanges or through the ICO? What is cheaper?

They're about the same price. I you want to buy from the ICO, take a look at the current price here: https://eosscan.io/ , but you need to wait until the last minute before the ICO round closes to determine what the price you pay will be.

I'm waiting a few more months to buy. The increasing supply of EOS tokens is depressing the price and it may be half the current price later.

[Qpeep]

Good one. Buy when EOS is still cheap.

I am sure you all have seen this already: https://bitcointalk.org/index.php?topic=2209559.0

I don't understand exactly what XenonNetwork is? Is it somehow built upon EOS? So is EOS already somehow functional? Not clear at all...

[gipbkt]

I tried the slack, but it doesn't work. I wrote a message on facebook and I didn't receive any answer  Roll Eyes
I read the FAQ but I don't really understand (my poor english   Cool  )
So I would like to know, if today I buy some EOS Token (ico), when i'm going to receive the token in my myetherwallet ?
How many hours, days must I wait ?

The ico continue and some token are already in exchange via bittex or kraken ?
Thank You

[Kunlejoe0]

Bitshare is a very solid coin. The development of bitshare is always on going and measurable also. I'm sure with this new collaboration on smart contract , there will serious competition for erc20 ethereum platform

[btcdepo]

Bitshare is a very solid coin. The development of bitshare is always on going and measurable also. I'm sure with this new collaboration on smart contract , there will serious competition for erc20 ethereum platform

I am still shock to see bittrex delisting such an excellent coin.
bitshare always have a good volume

Yeah, that is very much difficult to understand why bittrex unlisted them. I'd suspect that there was some relationship problems more than volume problem.

[zzzman20]

If you buy EOS through an exchange like Kraken do you have to keep there until the ICO is over like 11 months from now?  Or can you transfer it to a wallet off the exchange?

Currently you are buying an ERC20 token which you can send to an ethereum wallet. The token will be swapped for the actual EOS coin once the software is finished at the end of the ICO. So yes you can buy on Kraken or Bitfinex and send the EOS ERC20 token wherever you want to right now.

[key_z]

How does dpos protect against the Pareto principle? Won't the large majority of eos eventually be concentrated into a few hands? The only way I can think of is that large stakeholders wouldn’t vote in someone that would hurt their investment.

I saw someone (you?) ask this same question in the Telegram channel. Coincidentally, no answer there either.

I think it's a consideration that merits discussion because there's the potential for concentration of tokens to result in exception influence in the hands of certain parties. In part because as a block producers tenure lengthens, their stake (and therefore voting power) increases through block rewards.

My initial reaction was to reason past it in the same manner you suggested: it's not in the interest of a party with a concentrated stake to harm the ecosystem through which their stake derives value. That said, I'd like to see the conversation along these lines continue because I think there's more to it than the basic conclusion we've both come to.

Overall, I think Dan's position might be to allow it to work itself out based on an assertion along the lines of: "well it's better than anything else out there right now."

[kknop]

EOS is an unregistered security that was sold to some USA and EU investors illegally and it will eventually be delisted like all the other ICOs including Ethereum.

Investors are risking legal and criminal culpability for illegal selling on unregistered exchanges.

why eos is a security?

[adam1230]

I am very confused about EOS project. Price is falling and still i am not in this ship.
I will throw some eth if the price falls more

[ChromaticStar]

EOS is an unregistered security that was sold to some USA and EU investors illegally and it will eventually be delisted like all the other ICOs including Ethereum.

Investors are risking legal and criminal culpability for illegal selling on unregistered exchanges.

why eos is a security?

This sounds like little more than FUD. ICO coins might be securities, but they were issued before the the ruling. China delisted their cryptos, but they are not legaly prosecuting anyone for selling them legitimately. The US can't stop people from having ICOs in other countries and they can't shutdown the internet to stop anyone from selling them to whoever wants them.

Expecting the SEC to remove ETH? Sounds like the people who told me the 'Deep State' would ban BTC. More and more exchanges are going to go decentralized if anything.

[key_z]

EOS is an unregistered security that was sold to some USA and EU investors illegally and it will eventually be delisted like all the other ICOs including Ethereum.

Investors are risking legal and criminal culpability for illegal selling on unregistered exchanges.

why eos is a security?

This sounds like little more than FUD. ICO coins might be securities, but they were issued before the the ruling. China delisted their cryptos, but they are not legaly prosecuting anyone for selling them legitimately. The US can't stop people from having ICOs in other countries and they can't shutdown the internet to stop anyone from selling them to whoever wants them.

Expecting the SEC to remove ETH? Sounds like the people who told me the 'Deep State' would ban BTC. More and more exchanges are going to go decentralized if anything.

FWIW, this Epicenter podcast episode contains fairly good perspective from an attorney with some knowledge on the SEC & how they think about things like ICOs in the context of the question: "can project ____ be considered a security?"

Epicenter #198: Nick Morgan: The DAO, the SEC and the ICO Boom

Note: this only addresses the perspective from within the United States. With regards to Chromatic's point about ICOs worldwide, I tend to agree.

[shan2026]

If you buy EOS through an exchange like Kraken do you have to keep there until the ICO is over like 11 months from now?  Or can you transfer it to a wallet off the exchange?

Currently you are buying an ERC20 token which you can send to an ethereum wallet. The token will be swapped for the actual EOS coin once the software is finished at the end of the ICO. So yes you can buy on Kraken or Bitfinex and send the EOS ERC20 token wherever you want to right now.

Why price of EOS is lower on exchanges then ICO? And why it will last 11 months?

[astralliam]

Good one. Buy when EOS is still cheap.

I am sure you all have seen this already: https://bitcointalk.org/index.php?topic=2209559.0

I don't understand exactly what XenonNetwork is? Is it somehow built upon EOS? So is EOS already somehow functional? Not clear at all...

EOS will be open source software and not a network. Xenon intends to fork the software and run the network. They will just use these tokens rather than the ones EOS are selling.

[XbladeX]

Do you think that in bear market EOS will go over 5$ ... if TC tanks to lets say 1000$ then man EOS will be still like 0.5% on pump.
Is really hard to predict future but crypto cycles are unforgiving. With luck we will get to 20$ but we need bul run going all time.
But then EOS will be outpreformed by BTC probably