Hi eeks, thank you for the comment! Apparently there will be an announcement regarding what block.one is and will be doing with the Eth they are accumulating. Could it be that they are actively trying to avoid an overtly dominant market position in Eth at the same time as producing a contraction in the supply? Both would be risky and detrimental to block.one. Also, although it has been mentioned that EOS development is funded. They have applications to build upon it that may not have been.

I completely agree that we should be wary of hype and thank you for acknowledging, that is not what I want to produce here. As to the competition. It seems to me that EOS is fundamentally different from all the rest of the competition. That does not mean there are no use cases for stand alone blockchains or blockchain based networks, but given that the majority seem to be really struggling to solve the ability to scale or are as yet untested themselves, I think something like EOS......if it delivers, has the power to drastically out-compete other use cases. Having said that, I really have no idea how likely that would be....it's a risk I think about mainly in relation to the communities that have formed....especially around the Graphene tech.