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

[gribble]

University of Sydney’s Red Belly Blockchain Scales 660,000 Transactions/Sec; 11.5x of Visa, 94,000x of Bitcoin. https://www.cryptocoinsnews.com/university-sydneys-red-belly-blockchain-scales-660000-transactionssec/
New trials from the University of Sydney’s Red Belly Blockchain have found that it can process financial transactions 50 times faster than originally thought, making it quicker than Visa for worldwide payments.
The next stage for the Red Belly Blockchain is to make it available to all Internet users and eos may no longer be needed.

Quite cool, but EOS will do 1 million Ts/sec. with 100 CPUs according to Dan:

Our latest tests showed the Red Belly Blockchain can process more than 660,000 transactions per second on 300 machines in a single data centre. This is a notable improvement from our tests earlier in the year, which showed our blockchain achieved a performance of more than 440,000 transactions per second on 100 machines.

And don't forget that EOS is more than just transactions. It has a virtual machine to run contracts. Just like ethereum's EVM only faster. I don't know if that project from Sydney is about transactions or that it also has a virtual machine in it....

And i don't know are they serious to build the project due to it is still trials and how much their experience in the technology behind of blockchain, if be compared with dan larimer as we know dan is founder of bitshare and steemit,
He has good experience in technology behind of blockchain, his skills doesn't doubt in this technology. I will make updating if i have found something new about the Red Belly blockchain.

The other article related with Red Belly based on https://medium.com/@justindanneman/blockchain-just-became-obsolete-the-future-is-hashgraph-de4948609cbf  There are several things that stand out about this protocol and every other protocol claiming 100K+ TPS: they are all ignoring actual computation time and/or are based on UTXO.  In the case of Swirlds, they are only talking about timestamping transactions, not validating those transactions and while I didn't see explicit mention of UTXO,  it seemed to describe a UTXO based approach which effectively means you could never build a decentralized exchange or steemit on it. Red Belly is UTXO, it is not blockchain

[pikebu]

If you weren't able to attend Blockchain Live in London, England or Shape the Future in Hong Kong this past September, you can view the presentations given by CTO, Daniel Larimer; CEO, Brendan Blumer; Partner, Brock Pierce; and Partner, Ian Grigg below.
https://m.youtube.com/watch?v=aK3gklktEek

[borisV]

Hi,
I would like to receive some information about EOS project and mainly what is happening with all the ETH that you receive everyday - are they blocked in other address, or you are using them for the project - if yes, please explain what for.
Also At the moment of my post - according your web site for the current 24 Hour distribution you have received 2230 ETH, but if you scan your delivery address on etherscan.io you can see that for the last 23 hours and 30 min. you have received only about 1749 ETH, so there is a big difference between the info on your web site and the info from etherscan.io
As you know everyday distribution is calculated according the received ETH, so would be great to hear your explanation!
Regards,

[no1dead]

Hi,
I would like to receive some information about EOS project and mainly what is happening with all the ETH that you receive everyday - are they blocked in other address, or you are using them for the project - if yes, please explain what for.
Also At the moment of my post - according your web site for the current 24 Hour distribution you have received 2230 ETH, but if you scan your delivery address on etherscan.io you can see that for the last 23 hours and 30 min. you have received only about 1749 ETH, so there is a big difference between the info on your web site and the info from etherscan.io
As you know everyday distribution is calculated according the received ETH, so would be great to hear your explanation!
Regards,

EOS funding is scammy everyday, i read an article says they used the own fund to invest to get the average price near exchange price. Actually the price is much lower than exchange rate.

[chryspano]

EOS funding is scammy everyday, i read an article says they used the own fund to invest to get the average price near exchange price. Actually the price is much lower than exchange rate.

Extraordinary claims require extraordinary evidence, so far we only have extraordinary "claims" aka FUD

The bowmakers definetly have the incentives to FUD the gunpowder, lets see what will be the consequences for the armies that will believe this FUD,

Hi,
I would like to receive some information about EOS project...

https://t.me/EOSproject

[weston4mills]

Hello guys! Can you tell me...is it better to buy EOS on the EOS website or on the exchanges?

[sandeep010]

At current prices, I suggest buy on exchange, as you have more control on the price you buy it for.

[borisV]

Hi chryspano,

But can you give some info about the difference of received ETH claimed by EOS official web-site and etherscan.io (receiving address)
There is a big difference and it is strange... - more info will be appreciated!

Hi,
I would like to receive some information about EOS project...

https://t.me/EOSproject


[/quote]

[Bulletdodger]

I wish I was smart and sold @$6, and bought later on... Oh well.

[anasso]

i think it would be very careful to waitig until june 2018 to investing in EOS because there is more than 500 MILLIONS tokens that will flooding the market!

EOS have a good team behind it and it's very promising but the markeks and speculation is another thing!

[zeeman]

This top 1000 website hopes to run on Dan’s EOS.

Ever heard of Everipedia?
Everipedia is the next generation encyclopedia rebuilt for the modern age. With over 6 million articles and counting, it’s already the world’s largest English encyclopedia by content. Everipedia is free from ads and free to use for everyone under creative commons.

article here:

https://medium.com/@eosforumorg/this-top-1000-website-hopes-to-run-on-dans-eos-53722e01b94a

[zeeman]

i think it would be very careful to waitig until june 2018 to investing in EOS because there is more than 500 MILLIONS tokens that will flooding the market!

EOS have a good team behind it and it's very promising but the markeks and speculation is another thing!

EOS tokens are already trading. Why would another 500 million be dumped in June 2018? If App-devs want to use EOS they need to stake these tokens in a contract. So when the system is about to go live they might wanna buy them because they need them to stake. Not to mention all the attention when the network is "about to go live". So with 1 billion tokens at 50 dollarcent the marketcap will be 500 million. If they trade at 2 dollar the marketcap will be 2 billion etc. Not any different from NEO or Qtum or any other project which is already trading at the moment.   

[xypos]

Well don't expect any big pumps when the ICO is still ongoing, since the total supply is going to go up every single day and people can't just start pouring big amounts of ETH every single day into the coin.

But I do expect a big pump, just like Steem, when it launches.

Potentially could get EOS up to around 0.002-.003 btc per coin imo.

[pikebu]

I have heard from the community of EOS that Maybe i was wrong, but  Press.One is a Content Distribution Public Chain (CDPC) based on the EOS blockchain infrastructure. Many different content applications can be created on the chain:  says they will use EOS https://press.one/en And the project says they will use EOS blockchain too http://tokenika.io/
I can apreciate to other users who give more information related with it. Thanks

[zeeman]

Brock Pierce: “We’re at 700 million but will raise several billion for EOS”

Quite an interesting interview with Brock Pierce in case you’ve missed it. He talks about the EOS crowdsale being close to $700 million at the moment. But there’s more:

- Around a 1000 applications will launch simultaneous when EOS goes live.
- According to Brock this is “the biggest product launch that has ever been, this is like Windows launching but much bigger. “

Here's the full article:

https://medium.com/@eosforumorg/brock-pierce-were-at-700-million-but-will-raise-several-billion-for-eos-e5109ff47f10


Or here's a direct link to the interview with Brock Pierce.


video: https://www.youtube.com/watch?time_continue=2025&v=m_EKremz6ek


Enjoy!@1

[Wekkel]

That could mean that $0.50 per token is quite a steal 

It seems a lot has been going on behind the thick black veil of  stretched long play ICO mechanism. I say: Bring It On!

[Bulletdodger]

Ah, I had the chance to dump @$6 on the 2. or 3. day, and I didnt... It's a waiting game now, but I hope good things are on the way.

[LegendX]

when i will be able to see my 0.4eth tokens n the first 100 free? just when the tokens distribution starts?

[StratisKing]

That could mean that $0.50 per token is quite a steal 

It seems a lot has been going on behind the thick black veil of  stretched long play ICO mechanism. I say: Bring It On!

The price will keep going down because there is still 500M tokens will be released in the future, the price will be half of current price, maybe we will see ATL at 0.1-0.2 usd in the long term.

[Lyd]

My question is, will we see an awesome social experiment like steemit with EOS?