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RE: Breaking Beyond Bitoin: EOSIO/EOS Token Sale Github Repo is Available!
I am very excited about this. I got goose bumps right now. This may be the bigest project release to date. It is a little overwhelming and am unsure of what the full potential is but i am sure of a couple things. There are a lot of possibilities, great people behind it, great tech (same amazing blockchain), and a community that is unheard of.
I am excited... as you can probably tell.
@nicnas, Please make me be a part of this excitement.
In layman's terms, explain to me what this is all about. Thanks.
The creator Dan (dan the man) is behind BitShares, Graphene and Steem technologies.
Scalability of Graphene and the power of Ethereum’s smart contracts combined
"EOS is structured like a group of people and/or scripts (bots) that are exchanging messages between them. It could be thought of as an email system where every user or bot has an account"
So if you listened to any of Dans talks he describes how it will be faster than any known current system of transactions. Faster than the Visa credit card system. Allows hundreds of thousands of transactions a second.
So in reality there so many useless alt coins out there. This may just be the ultimate unbeatable one. A very good investment in my opinion.
@nicnas, thanks so much for this. But how do I invest in it now?
you cannot yet. They are running tests and asking for suggestions. I am a little worried about breaking up the tokens into different windows. I think this is too much of a gamble and may make people hesitate. I do though understand not wanting to sell out in the first few minutes like some of the others, thus creating monopolies within the market.
These are my thoughts as well. Although I understand where the EOS team is coming from, the current ico model does not yet seem like an ideal solution. I do have faith in Daniel and the project and fully expect that things will work out!
yeah exactly. I wont stress about what they do. Ill let them do the research and find out what makes the most sense.
@nicnas, thanks so much for your response. Followed you.