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RE: Today the EOS main network officially starts - what should you know about this?
Good summary. I wonder if the voting will be that big an issue, b1 who will own 10% of EOS will make a big vote, in addition a few whales more are needed to get the remaining 5%, and certainly those will have means to vote, for sure (e.g. have someone to do the command line voting for them)
I think it will not be a problem, time will show.
yeah, exciting times right now!
The price EOS goes up, I wonder what about ethereum?
I dont see a big move there short term, the mid-term future might depend on if they are able to deliver updates. What's your view on ETH?
If it turns out that Eos is functional, ETH will fall, unless Vitalik Buterin improves, he will improve the Ethereum Protocol, and he will do it not to fall out of the top.
The main difference between EOS and Ethereum is free transactions on the network and huge bandwidth. According to the developers, EOS will be able to handle up to a million transactions per second, which will create absolutely any decentralized applications, ranging from social networks to online games.
Transaction fees are certainly a difference, and thats something the ETH people work hard upon, and if they manage to deliver plasma and casper in time, they might get on the same level with EOS. The more striking advantage of EOS is the governance system though, in ETH, you have still tokens locked from hacks and app-malfunctions, and the community just recently voted down a proposal to recover funds (because it would have required forking... again!)
I agree with you .
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