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RE: what eos is good for that steem isn't
Not being a tech guy, but to make smt's work could take some time. I mean for EOS you have to make the whole platform from the scratch as far as I'm aware of, whilest steem already has a platform + smt's coming. From my understanding, point of those smt's is to make launching your own token easy. Now problems with steem is the ridicilous pile of power that whales have + complite lack of marketing. When EOS comes I'll surely start stacking it, though.
dan is done writing code for eos. it'll launch in about a day now. if the launch is successful, devs will swarm in to build their dapps. none of them will start from scratch. what's scary is that it doesn't even have to be dan. the blockchain will be open for competition. right now steem doesn't have half the attention eos is getting.
yes, social platforms are a different beast, and steemit has a million accounts. but we also know how quickly a social platform can go obsolete.
like you, i'll also start posting on new platforms backed by new tokens. the rest of steemit will probably do the same. again, it's a big if. but a million users can be achieved in less than a day.
Yeah man, but the thing here is that EOS is as far as I'm aware of using DPOS (delegated proof of stake), so if someone want's to build something like steemit, they have to make their own block-chain from scratch on top of EOS. From my understanding, that is going to be tremendous amount of work. I propably need to dig deeper into this EOS thing as it seems that nobody knows what it excactly even is, and is it going to have real smt's or more like their own block-chains on top of it. Also is this steem your biggest investment? It feels sometimes that you over think a bit, which still happens to me too as a newbie.
you're confused. individual devs and teams who wanna create platforms like steemit don't have to worry about BPs or the blockchain itself or the mainnet (unless they're BPs themselves). eos is a blockchain (or will be). you're not gonna build another blockchain from scratch (unless you're talking about sidechains which i doubt).
dpos has nothing to do with someone wanting to build platforms on top of a blockchain. assuming there's a genesis block and an established chain, anybody can start creating one.
eos has already been running a testnet for a long time (almost a year if i'm correct). if launch goes smoothly (6~7 hours from now) you have a mainnet. dan already wrote eos dawn. they're calling it a blockchain architecture. it means devs can use it as an operating system to build whatever dapps they want. dan, who wrote steem and eos, will just be one of them.
meanwhile SMTs don't even have a testnet yet. if eos mainnet actually launches it'll offer everything SMTs will (plus more). when you're talking about 'tremendous amount of work', it's actually steemit inc that needs to catch up.
but yes steem is one of my investments. it's the biggest one. i'm not overthinking (because it's nothing more than a bunch of predictions, opinions, and concerns). you're mistaken if this requires a lot of thinking.
Are talking about what will happen within next 6 moths or 1 year+? I think we maybe talking from different perspectives here. I am highly doubtfull that we have any good social-media platform on EOS within next 6 months, but I maybe wrong.
a year give or take. possibly less. dan created steemit. he's the geek behind all this. might as well be quicker. it's not the number of months that i care about. it doesn't even have to be dan. if things go well eos will provide free market solutions to a lotta things, not just social (if). btw they already have working platforms on testnet. it's not like today's their day 1.
Well, you were talking in a little longer-term than me. I'm personally powering-down alot and I think that next rally is a point to make profit by selling steem and then possibly buying back a bit. EOS will definetly be bigger than steem obviously. Here on steemit some people seem to think that this place gets taken from day 1. You could also power-down a bit to have liquid to possibly buy EOS. I'm going to spread my investments like I said before.
i already have eos. snapshot is already done. any eos as erc20 after it will be worthless.