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Author Topic: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)  (Read 187767 times)
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April 01, 2018, 11:36:59 AM
 #1841



after that you have to register your tokens
https://eos.io/
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If you hold EOS Tokens in an Ethereum account and fail to register your Ethereum address to your EOS public key, then your EOS Tokens may not be part of a Snapshot (as defined below) a third party may wish to create when the EOS Tokens become fixed and non-transferable on the Ethereum blockchain. In order to be part of such Snapshot, it is important that you generate an EOS public and private key pair (see the “Generate EOS keys” button below) and register your EOS public key with your Ethereum address prior to the EOS Tokens becoming fixed and non-transferable on the Ethereum blockchain which will occur within 23 hours after the end of the final period on June 1, 2018 at 22:59:59 UTC.

This is really valuable info here. Is registration anonymous or does it require personal identity information? I bet there will be many claims after June too, how will they be dealt with?
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April 01, 2018, 05:11:19 PM
 #1842



This is really valuable info here. Is registration anonymous or does it require personal identity information? I bet there will be many claims after June too, how will they be dealt with?

you dont have to give them any personal information. all you need to give them is your ETH address that is used to store the ETH-eos-coins. if you need or want you can create a new eth-address for this. but keep in mind if you need anonymity it will be hard to achive. you need ETH (to buy the coins) that arent linked to you in some way etc.

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April 02, 2018, 11:21:00 AM
 #1843

He is apparently doing a presentation on EOS at the Consensus conference in a little bit, so more details will emerge soon.
Did anyone hear more about this or have they not done the presentation yet?. I am liking this ICO and really want to get some backing into it. Hopefully soon.

I think its a combination of the general sentiment of the crypto market, as its really been hard for the past few months and also that the concept of EOS is quite hard to understand. Not to mention also the utility of the token is quite vague in the eyes of the public.

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April 02, 2018, 11:37:09 AM
 #1844

I want to see more projects related to innovations in technology smart contracts, so that this topic is developing more rapidly
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April 02, 2018, 11:43:03 AM
 #1845

I'm a BIG believer in Dan Larimer and EOS, the guy is a genius! It's getting close folks, EOS is a steal and June is right around the corner (main launch). They already have a few air drop partners building on their platform.... EOS is going to be HUGE... IMO

I agree. This man is really above smart. He is a great programmer and also he is delivering products that work. EOS will be a long term project and fluctuations with the price during the beginning stages imao doesn't matter anything. This project is much more than a toy for speculators.
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April 02, 2018, 03:32:57 PM
 #1846

Hey guys i have got something new, Coming in 6.5 hours - EOSRad.io #6 - Introducing eosDAC, EOS Nation, and weekly Q&A with Thomas Cox! More info - https://busy.org/eos/@eosgo/eosrad-io-6-4-2-18-introducing-eosdac-eos-nation-and-weekly-q-and-a-with-thomas-cox
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April 03, 2018, 01:35:24 AM
 #1847

I'm a BIG believer in Dan Larimer and EOS, the guy is a genius! It's getting close folks, EOS is a steal and June is right around the corner (main launch). They already have a few air drop partners building on their platform.... EOS is going to be HUGE... IMO

I agree. This man is really above smart. He is a great programmer and also he is delivering products that work. EOS will be a long term project and fluctuations with the price during the beginning stages imao doesn't matter anything. This project is much more than a toy for speculators.

He is quite smart but I think the important thing is that he has good principles and values. I saw a couple videos on youtube about his thinking behind the design of DPOS, it is really quite clever.... you should check it out if you have time

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.THE WORLD'S FIRST BLOCKCHAIN-ENABLED VR RACING EXPERIENCE.
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..BUY ◣   BUILD ◣   SHOW ◣   RACE ◣ 
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April 03, 2018, 06:34:01 AM
 #1848

If EOS is going to be the backbone of the next generation of the internet, BPs are gonna need some serious hardware and are going to be spending serious money on bandwidth fees and electricity+ rent. what will they offer to solve this?
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April 03, 2018, 09:45:54 AM
 #1849

The countdown is on! EOS still crazy cheap.
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April 03, 2018, 03:03:47 PM
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 #1850

EOS like LSK will most likely be controlled by a voting mafia. I.e no/low value add through inflation and easy attack vectors. (As explained pretty well by Vitalik - https://vitalik.ca/general/2018/03/28/plutocracy.html)
It’s also likely to be the least private blockchain by design, which is probably why Dan advocates radical transparency, like it’s a positive.  

I’m bullish about EOS short term though as there should be a lot of projects that will be benefit from the high performance & EOS has a lot of money to throw at it. It will also be positive for crypto short term as performance was a significant bottleneck. The critical EOS design flaws in every area excl. performance should only make it unpopular in circa 1-2 years when Ether/other blockchains have scaled in terms of performance  and introduced privacy solutions that can be updated over time.

But >10x between now and end of year once current high inflation due to ICO ends, is very doable.
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April 03, 2018, 05:42:21 PM
 #1851

what happens if I do not claim my token when public sale is end? I still cannot figure out the way to claim tokens
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April 03, 2018, 06:02:30 PM
 #1852

what happens if I do not claim my token when public sale is end? I still cannot figure out the way to claim tokens

You will loose your token if you don't do it.

I have never tried, but i know that last release of wallet exodus (www.exodus.io) created a simplified operation to register your coins, follow all operations to install and secure it send your tokens to it and register. If they claim that made a one click procedure to do it, i think that is possible for all to do the operation.

p.s. if you try and all i simple give us a confirm, i can't do that because i registered my tokens before this release of exodus.

Cheers

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April 04, 2018, 12:24:52 AM
 #1853

The countdown is on! EOS still crazy cheap.
I wonder what your expectations are. When i bought for 80 cents expected to profit tenfold. And I got it ) but still left a bit for the release. - So how much do you think this token could cost?

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April 04, 2018, 02:01:31 AM
 #1854

EOS like LSK will most likely be controlled by a voting mafia. I.e no/low value add through inflation and easy attack vectors. (As explained pretty well by Vitalik - https://vitalik.ca/general/2018/03/28/plutocracy.html)
It’s also likely to be the least private blockchain by design, which is probably why Dan advocates radical transparency, like it’s a positive.  

I’m bullish about EOS short term though as there should be a lot of projects that will be benefit from the high performance & EOS has a lot of money to throw at it. It will also be positive for crypto short term as performance was a significant bottleneck. The critical EOS design flaws in every area excl. performance should only make it unpopular in circa 1-2 years when Ether/other blockchains have scaled in terms of performance  and introduced privacy solutions that can be updated over time.

But >10x between now and end of year once current high inflation due to ICO ends, is very doable.

Well Vitalik is going to be just a little bit biased seeing as how they are direct competitors. He's probably also a little scared of the massive stack of ETH they will be sitting on come June 1st.

The countdown is on! EOS still crazy cheap.
I wonder what your expectations are. When i bought for 80 cents expected to profit tenfold. And I got it ) but still left a bit for the release. - So how much do you think this token could cost?

I don't like to give price predictions but I will be holding EOS for a long time, I have very high expectations for the project.
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April 04, 2018, 07:28:44 AM
 #1855

EOS like LSK will most likely be controlled by a voting mafia. I.e no/low value add through inflation and easy attack vectors. (As explained pretty well by Vitalik - https://vitalik.ca/general/2018/03/28/plutocracy.html)
It’s also likely to be the least private blockchain by design, which is probably why Dan advocates radical transparency, like it’s a positive.  

I’m bullish about EOS short term though as there should be a lot of projects that will be benefit from the high performance & EOS has a lot of money to throw at it. It will also be positive for crypto short term as performance was a significant bottleneck. The critical EOS design flaws in every area excl. performance should only make it unpopular in circa 1-2 years when Ether/other blockchains have scaled in terms of performance  and introduced privacy solutions that can be updated over time.

But >10x between now and end of year once current high inflation due to ICO ends, is very doable.

Mining rewards in Ethereum are roughly 8m usd per day at 400 USD/ETH; that’s over 2.5 billion a year to process <15 tx per sec, paid for through 7% annual network inflation.

EOSIO Block producer rewards are planned to be roughly 1% annual inflation, a small fraction of the cost of Ethereum.

All blockchains are voting machines, it’s just a matter of who votes; DPOS decentralizes control of mining, is more resistant to cartels and DDOS attacks, and delivers low cost high performance.
In EOS, power amongst miners is evenly distributed. Moreover, miners can be replaced by token holders if they are not operating in their best interest; this prevents scenarios like Ethereum. DPOS is alignment.

Relevant past article: https://medium.com/eosio/who-should-control-a-blockchain-d841c18109c3
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April 04, 2018, 07:30:50 AM
 #1856

I dont think there is straight list. Also the whole funding proccess is more complicated. There are partners, 3rd parties
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April 04, 2018, 07:53:46 AM
 #1857

The countdown is on! EOS still crazy cheap.
I wonder what your expectations are. When i bought for 80 cents expected to profit tenfold. And I got it ) but still left a bit for the release. - So how much do you think this token could cost?

wow you got in really cheap. I wish I wasn't so skeptical, as I was looking at EOS during the early days. At least I didn't by at the top

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.The future of racing is now.
.THE WORLD'S FIRST BLOCKCHAIN-ENABLED VR RACING EXPERIENCE.
.▞ 

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nicksnn
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April 04, 2018, 09:52:39 AM
 #1858

The countdown is on! EOS still crazy cheap.
I wonder what your expectations are. When i bought for 80 cents expected to profit tenfold. And I got it ) but still left a bit for the release. - So how much do you think this token could cost?

wow you got in really cheap. I wish I wasn't so skeptical, as I was looking at EOS during the early days. At least I didn't by at the top
Release will be on the 6th April, right? So, ho much do you think eos can be cost?
FandangledGizmo
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April 04, 2018, 10:04:34 AM
 #1859

EOS like LSK will most likely be controlled by a voting mafia. I.e no/low value add through inflation and easy attack vectors. (As explained pretty well by Vitalik - https://vitalik.ca/general/2018/03/28/plutocracy.html)
It’s also likely to be the least private blockchain by design, which is probably why Dan advocates radical transparency, like it’s a positive.  

I’m bullish about EOS short term though as there should be a lot of projects that will be benefit from the high performance & EOS has a lot of money to throw at it. It will also be positive for crypto short term as performance was a significant bottleneck. The critical EOS design flaws in every area excl. performance should only make it unpopular in circa 1-2 years when Ether/other blockchains have scaled in terms of performance  and introduced privacy solutions that can be updated over time.

But >10x between now and end of year once current high inflation due to ICO ends, is very doable.

Mining rewards in Ethereum are roughly 8m usd per day at 400 USD/ETH; that’s over 2.5 billion a year to process <15 tx per sec, paid for through 7% annual network inflation.

EOSIO Block producer rewards are planned to be roughly 1% annual inflation, a small fraction of the cost of Ethereum.

All blockchains are voting machines, it’s just a matter of who votes; DPOS decentralizes control of mining, is more resistant to cartels and DDOS attacks, and delivers low cost high performance.
In EOS, power amongst miners is evenly distributed. Moreover, miners can be replaced by token holders if they are not operating in their best interest; this prevents scenarios like Ethereum. DPOS is alignment.

Relevant past article: https://medium.com/eosio/who-should-control-a-blockchain-d841c18109c3

POW is wasteful yes. ETH is switching to POS at some point.
DPOS would almost always ends in cartels. In POS with 1% of the supply you get 1% of rewards, in DPOS even owning 1% or 10 Million EOS you could get none of the rewards. As demonstrated in practice by LSK.

The switch from 5% to 1% rewards is an acknowledgement that DPOS is a poor consensus model imo.
If DPOS was good a voting system, then honest voters would direct the 5% inflation to high performance nodes, awesome development & marketing, while returning the unneeded amount equally to shareholders/burning it, ergo the % inflation wouldn’t matter. But the EOS developers know most of the funds will just end up in the hands of the most powerful voting cartel who will pay themselves millions per year for nothing, hence reduce it to 1% to minimize damage.

With few nodes and votes in the hands of cartels + Low privacy  (Dan actually advocates even less, he wants ‘radical transparency’ - phone number, photo, birth date etc - which would make EOS non-fungible.) People will realize EOS provides very few of the advantages of decentralization so they’re better off using a centralized private blockchain run by IBM/other if the main thing they want is a distributed ledger & high performance.

As I said I think >10X gains is doable for EOS this year but it doesn’t have a long life expectancy at the top because many others are competing on vastly increasing performance but also vastly increasing decentralization, privacy & adaptability, all of which need to be combined to create the market leading smart contract blockchain a year+ from now.
bgibso01
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April 04, 2018, 11:40:08 AM
 #1860

once the EOS Public Key is generated and linked to my MEW ethereum public key, do I need to go through the same process again if I transfer additional tokens
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