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RE: Introducing EOS.IO Application Stack
EOS will be much more centralized than Ethereum. I think both can exist, perhaps EOS makes more sense for SteemIt-like apps, while Ethereum's bread-and-butter will be financial smart contracts.
People who believe that Ethereum can be used to build a social network are seriously delusional. But EOS might not have censorship-resistance. Note how description mentions "legal files", implying that files can be censored. So can funds, if block producers are big and known, they will have to comply with laws.
So EOS is more like AWS with more crypto, while Ethereum is more like Bitcoin with smart contracts.
Yea, if you think ETH isn't centralized you haven't done your homework. It's as bad as BTC, lipstick on a pig. DPOS has proven, over the past three years, to be the most decentralized block chain tech in the world - and with Graphene is doing orders of magnitude more transactions than POW chains like ETH.
EOS will be the fastest, most decentralized and most scalable block chain tech we've seen to date.
why did this comment get faded/flagged? It seems totally appropriate to me that @killerstorm and @johnsmith have different opinions on these two platforms. what's the deal?
Yes, I had the same question. Why was @johnsmith comment flagged?
seemed pretty benign
How on Earth is that a good thing? So basically EOS is a hosting service with tokens as payment? Does that not go against the whole decentralized notion?
If EOS is truly decentralized - there is/should be no way to censor files -- that should be the aim of this whole endeavor, otherwise, this whole thing is worthless. Much like dtube (Unless they started censoring too).
Yeah, exactly this mention of "legal files", I was just confused. Or it's censorship resistant and decentralized or it's not. There is no middle path here. I think this all concept is very hard to implement. I am curious to see if it can be achieved.
ETH is controlled by 3 people, 51% of mining pool hash rate. EOS will be much more decentralized than ETH.
Can you provide some sources? Please provide names and mining pools ?
Wrong, it's because their real service is optimum. Those pools are behaving perfectly and have a long track record to prove it. Furthermore the miners can quickly switch to other ones.
Then I don't think it's useful to compare ETH and EOS, from what I get EOS is an attempt at a decentralized storage solution. ETH is in another game.
#whalehunting
(it must be boring to be hunted? or not?).
I probably don't realise this but what you've described is the essence of DPOS.