Ethereum recently hit #1 in daily transactions out of all cryptocurrencies! Annnnnd...then it had a heart attack. It essentially happened when a popular DApp called "CryptoKitties" required ETH to actually handle a reasonable number of transactions. In fact, Steem and BitShares each regularly process the transaction volume required by Cryptokitties on a near daily basis.
Adding to the pain of this situation, the number of transactions that stalled Ethereum represents LESS THAN 1% of the network capacity of each BitShares and Steem...
And what better date could this occur...than on the day of launch for the EOS public testnet?!
"If you are going to tell people the truth, make them laugh or they'll kill you"
As ridiculous as it sounds that kittens are destroying Ethereum, there is nothing quite like this situation to vividly exemplify the simple truth that we in Beyondbitcoin have stated from the very earliest days of BitShares--Ethereum cannot and will not ever scale to meet the demands of mainstream adoption.
But the truth about the failings of a platform (and its leadership) are rarely allowed to reach mainstream eyes and ears. However as humorous Memes have destroyed "fake news" and propaganda outlets outside of cryptocurrency, this moment seems ripe for us to take the Meme Infowar to the propaganda and fake news equivalencies within the crypto ecosystem.
So it was decidedly the Perfect time for a Fun little Meme Contest...
Meme Contest Instructions:
- Entries must include Cats, Ethereum and EOS
- Entries must convey the message that Ethereum failed because of inferior technology (truth)
- Entries can use the following picture (or find their own)
Rewards:
To enter, upvote and resteem this post and post your entry in the comments. Each user can submit up to Three Unique Entries. The winner will be chosen one week after initial post. Happy EOSing!
An EOSBIT is a Bandwidth token. A Bandwidth token is a token/ticket backed by a % of bandwidth owned in the EOS network. Since this token will be backed by a specificied amount of bandwidth in the EOS ecosystem, it will be possible to gain acceptance of these tokens in place of payment to use Beyond Bitcoin Partner Decentralized Apps (DApps). As bandwidth is a limited resource, these tokens will be worth a specified amount of bandwidth soon after the release of the live EOS Chain Launch.
These tokens are intended to gain value based on a market for bandwidth and partner DApps' accepting them as payment for services/perks. We live in a world where bandwidth on networks is accepted as a ubitquitous resource. EOS is the next stage of Blockchain-basesed IOT infrastructure and will solidify the value proposition of "Bandwidth Tokens" as we begin truly building Voltron...
What are Beyondbits and Whaleshares?
Beyondbits and Whaleshares started as a conversations in the BeyondBitcoin hangout series shortly after Steem was launched historically in those very hangouts. It began as "community tokens" or "tag coins" for those who never knew to listen in who may wish to listen to the origins in our BeyondBitcoin Hangout podcast series. Drop in and listen to them sometime!
These tokens give their hodlers the power to Summon a Whalevote to posts without having to pay for attention. And they are only given to people who Win Contests and do other things of value to the community!
These little hidden gems are held safely just for you. Waiting for the moment when you prove yourself in the arena of contests and hangouts like the whaletank...so if you haven't yet, you should follow @officialfuzzy and watch out for his new contests, or join the Whaleshares Discord where there are a community of Beyondbit Experts!
BeyondBit vote tokens are on BitShares! So make sure you have a BitShares Wallet to receive and send them for upvotes on your steem posts!
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🐱 ETH Killed by Kittens?
My DPOS MEME Challenge Entry!
https://steemit.com/eos-project/@steempowerpics/eth-killed-by-kittens-my-dpos-meme-challenge-entry
Tweet That Shit!
Thank you to Kevin Messerly for Tweeting my MEME!
This is purely amazing.
🚀 Thank you! 😁
https://steemit.com/eos-project/@ram.bozo/beyondbits-and-eosbits-inside-eth-killed-by-kittens-dpos-meme-challenge
https://busy.org/eos/@sportman/why-did-u-break-uo-ethereum
Why did U break uo Ethereum!?
🐱 ETH Killed by Kittens?
My 2nd DPOS MEME Challenge Entry!
More of an animated punchline than a MEME,
but still sticks the landing.
https://steemit.com/eos-project/@steempowerpics/eth-killed-by-kittens-my-2nd-dpos-meme-challenge-entry-cryptokitties
Hahaha, this ones cool.
I will just participate for the fun!!!! :D
And this is the "Ho Ho Ho Christmas Spirit" version
oh wow look at how many more amazing ones there are...lol
Here is my DPOS Meme Challenge Entry!
https://steemit.com/eos-project/@danyelk/beyondbits-and-eosbits-inside-eth-killed-by-kittens-dpos-meme-challenge-250-usdbd-in-rewards-my-entry
LOL
oh jeez...this is good.
Thank you glad you like it and happy it made you laugh :)
Ayyyy heck yeahhhhh @danyelk strikes again love thissss. The EOS on the helmet classic
Thanks bro glad you like it and thanks for telling me about this cool contest.
You're welcome buddy knew you would dominate it o weeeee. So freakin creative
I am very flattered thanks :)
My MEME Challenge Entry!
https://steemit.com/dmania/@tcpaikano/beyondbits-eosbits-inside-eth-killed-by-kittens-dpos-meme-challenge-zg1hbmlh-ccckl
Eth killed by kittens entry!
was fun messing with it haha, Thank u for this fun initiative!
Hahaha yesss
Here is my meme challenge entry :D
oh this is a good one...
:D !
Entry 2
Ayyyyyyyy heck yeahhhhhhh freakin hilarious
The MAN, The MYTH, The LEGEND himself has posted a few MEMEs over on Telegram. 😂 Enjoy!
https://steemit.com/eos-project/@docmastery/cryptokitties-meme-challenge-new-owner
Just for the lulz. 😁🐱
☺
I already did this :D Twitter seems to love it.
Thx for the info. Look out for the tokens for tweets post i am doing for this :)
Im not sure I follow.....
i'm going to give you guys tokens for doing these :)
Nice upvote is good for me :) Thank you.
well the tokens are usable for upvotes too lol
This is highly fine
I do not sympathize ethereum your scalability
https://steemit.com/eos-project/@vidafitnessfeliz/beyondbits-and-eosbits-inside-eth-killed-by-kittens-dpos-meme-challenge
🐱 ETH Killed by Kittens?
My 3rd DPOS MEME Challenge Entry!
Splotches is MY Snappy Gen 8 Cutie!
https://steemit.com/eos-project/@steempowerpics/eth-killed-by-kittens-my-3rd-dpos-meme-challenge-entry-cryptokitties
HA!Ha! Ha!!! this is a great and funny idea, I love it! The kittens really dealt a hard blow to the Ethereum platform today, what a blast and situation teaching about the potency of our platforms based on the Bitshares system... Joy! I already look forward to seeing the memes.
Namaste :)
I made one too ^_^
This one is not mine, but its pretty funy as well :D
I love everything about this post.
and this post loves you...
LOL - You're main graphic is good enough to win on its own! (Dan w/Cat)
I have taken this into account and have given the following image for people to use (if they wish) as base.
EOS is going to be one of the hottest ICOs on Ethereum network. As you know, its main competitor is Ethereum, so expect a huge ROI in case of EOS success :)
Last i checked it was THE most successful. ;)
The only thing.. this post has me freaking out.. does this 'heartattack' = current overvaluation of eth?
Certainly. But dont expect the crypto propagandists and misinformants to let u know this until after they start selling to newbies and buying (or building) their own dpos chains.
I say just like u saw with funfair...expect a pump to "soften the blow"
wonder if blockchain.info is allowing eth withdrawals yet again.. using blocktrades to go back to btc will cost $$$ have had issues.. they tried to give me wallet sweep instructions!!??... and i've got technoStressDisorder
This is why i think we need to do this. It harms noobies that they pretend to be capabpe of things they arent...
And how can noobies know?
a lot of thanks for discussing the details of beyondbitcoin, giving me everything beautifully, I liked it very nice.
I was wondering why I couldn't move my EOS. LOL
Yeh...
Sucks too...because ETHs lies just end up hurting good people.
A lot of thanks for update a awesome post @officialfuxzy (Resteemted)
mh too many instructions to make a funny meme in my opinion.
you don't want this to end up in being bashful/boring
Great point. But to be fair they can earn quite a bit for doing this...and art contests frequently are held that use these rules.
Ill simplify it though a bit. Does this mean u will be participating in the memery?
If so to make it easy i have posted an image above for people to use if they wish. Ill post it here too. :)
No bashful/boring for mine... I went all in on my MEME. 😁
yes you did...
ash you know you want to make a meme...lol
:thinkingemoji:
I Liked your post, Keep it up brilliant!
Thanks a lot for discussing more details on beyonbitcoin