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RE: EOS Strategy - How to profit off of exchanges adding EOS.

in #eos7 years ago (edited)

Actually, if you understand the technical details really well, you would come to the conclusion that everyone besides Dan and his team, looks fairly inept as programmers in comparison. ETH can upgrade a lot, but they have no intention of upgrading to handle 10k to 20k transactions per second, and this type of tech has been available for years now. Programmers in cryptocurrency have a lot of arrogance and very little humility to recognize superior technology when they see it.

Other projects need to be stealing Dan's ideas left and right, but they are not doing this. This is why Dan's EOS is going to burn them, and he is starting it off with the largest ICO ever, looks to be it should easily come in at 1+ billion dollars once it is finished. And considering EOS will be the best way to launch major blockchain apps without all the bottle-necks and limitations such as unmodifiable contracts that Ethereum has, the business world will favor EOS.

"Contract is law" is a statement that anarchists and libertarians adored. In the practical business world it is useless, because when you pay some guy $35 per hour to launch your DAPP, you can't guarantee there is no bug in the code. You need a chance for code revision, a chance to freeze the contract, ect. All of this EOS brings to the table and the business people are going to eat it up compared to clunky to use ETH with its bottlenecks and high fees.

That said, EOS is not here today. Today we have ETH, and I think ETH should still do very well going forward. There is room for both EOS and ETH, I just think EOS has the greater potential at this juncture.