The EOS Red Flags Are Nothing To Worry About
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Excellent Video.
I had a random thought early this morning.
I think the ERC-20 tokens will be used to vote for future EOS blockchain witnesses using Ethereum smart contracts. These witnesess will most likely include block.one and various BTS and STEEM whales that are competent in running the hardware and software needed for a high performance Graphene Blockchain. When the token sale concludes, block.one will use a portion of the six million ETH to give hardware grants to the newly elected witnesses. At launch, EOS might have a network of 20 to 30 globally distributed high performance datacenter nodes. I think people are underestimating this projects potential.
Thanks, Robert! I 100% agree with you, this project has a lot of FUD going around because people don't understand it. Those who don't understand it are usually the same folks that say things like STEEM is a ponzi scheme, meanwhile STEEM and Bitshares crush any other crypto in transactions and it's not even close. I'm excited for EOS and I HIGHLY doubt Dan Larimer would put his face and name all over this for it to be a scam. That would single-handedly end his crypto career. EOS is ambitious, much like Ethereum was when it first hit the scene, and we all know the kind of FUD that was passed around for that.
Very informative, thank you.
You bet! Anything to quell some of this unnecessary FUD.
Great video! I just followed you here after finding that on YouTube. :)
You explained what I've been trying to explain very well. I'll be referring to this in the future whenever anyone has the false idea that ICOs entitle them to anything at all. It's a speculative wild west and I'm embracing it.
Exactly! EOS is just upfront about the risks, meanwhile every other ICO hitting the market quietly takes your ETH and makes it seem like it's a good investment.
Great talk. I havent been following a lot lately, but the information on EOS was great.
Thanks! :D
Great video. It needed to be done. Thx
Thanks! I agree, too much worry over an industry that's already shrouded in speculation as is.
I agree about the speculation market but do think buying EOS is a gamble (like most other coins).
Yep! Most of this space is a gamble outside of BTC and a few others. Research and invest at your own risk.
You have a great Youtube channel. Informative and easy to listen to. Keep up the great work.
Thank you! :D
Got pointed to your video by @bulleth
Great video. I had bought just a few EOS tokes to hodl but thinking now I am gonna buy some more. It is really cheap now IMO. The risk/reward is acceptable.
Followed and upvoted and subbed your youtube.
Keep up the good work.
greate
Good to hear you remind everyone that we are dealing in a speculative space. Many seem to forget this is the case!
I would surely seek legal counsel and minimize potential liabilities if I were involved with blockchain tech.