The Blockchain has attracted our attention as developers, investors and entrepreneurs. As an entrepreneur myself, I’m always looking for problems around me that I can solve or minimize with an innovative vision.
In theory, the Blockchain can solve a number of those problems. But, when we try to apply it to the real world, build some kind of product, a MVP, there’s always some kind of weakness: Bitcoin is not scalable, or easily programmable; Ethereum also does not scale, and its unpredictable transaction fee makes any Business Plan risky and volatile; Bitshares, on the other hand, are scalable and have predictable fees, however its smart contracts are based on templates: I cannot easily program a Dapp with this blockchain.
This is where EOS’s proposal comes to close an existing gap in any blockchain entrepreneur’s toolbox. If I understood it correctly, the fusion of Ethereum’s programmability with Bitshare’s Delegated Proof of Stake, aligned with computational resources - like access control and data center service and persistence - without the mandatory need of a transaction fee, seems to Blockchain’s “Promised Land”. An AWS organized as a turbinated DAO/DAC with a powerful blockchain.
If the team behind this didn’t have a history of other succesful projects, like Bitshares and Steemit, I would say EOS seemed too good to be true. But knowing what this team is capable of, all we have to do is believe and get involved as investors and entrepreneurs in this new member of the blockchain environment.
Bring it on! We want to know more about the behavior, personality and future of this new guy on the block: EOS.
I'm glad there are others that understand this, among all the vocal haters - some of who go so far as to accuse Dan of outright fraud. His past work speaks for itself.
Those who are picking apart the Terms & Conditions simply don't understand the absolutely immense risk anyone performing an ICO undertakes when it comes to the possibility of drawing the SEC's attention and wrath. Half the recent ICOs obviously neglected to retain counsel and get extensive legal advice when it came to their ICO. I will not be surprised in the slightest if some people wind up in US Federal prison (or at least barred from travelling to any country that extradites to the US for financial crimes) for holding reckless ICOs.
Time is the master of reason! Thanks !
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STOPHey @br-real , I have started a podcast recently where I interview other entrepreneurs.
The podcast is on my youtube channel, and here is the playlist: https://www.youtube.com/playlist?list=PL5CpCNPna6p95oJfKPew0N3ZT0k-khdgg
We talk about what you are currently doing in life, your business as well as your journey and any lessons or advice you want the world to know.
A casual conversation about entrepreneurship, and, about you.
Would you be interested in appearing on the show?
I would like to participate but my English is too bad to speak. I do not think it would be very productive. Anyway, thank you for the invitation.