@Dan plans to build a Steem competitor on EOS (says in Telegram)
Well, it's official. @Dan mentions in a telelgram chat that he plans to build a Steem competitor on EOS. Check this out.
He'll most likely airdrop on the EOS genesis block so get your EOS tokens ready.
The Steem team should be very afraid. There are some serious issues afoot here and Dan has learned a lot of lessons from building the Steem blockchain. I'll be using both until I figure out which is best. I wonder what the "power down" time will be and if the token will have more utility.
Don't ya just love Free Market competition?
-Ashe
Btw, this post by EOS Go is full of awesome nuggets by Dan Larimer. Check it out!
Alright. I'm seeing some fud around eos. Mostly doubt. Trying to learn in a balanced and objective fashion.
What is the problem with steem, and how does eos fix it? I'm on steem. It's working for me as a small user, but I'm open to the possibility of a better market option.
Is EOS real yet? It's just an ERC20 token at this point, right? That's not a thing that's independent yet. What are the plans with it as far as matching when the real token drops? Is the ico a fundraiser for the main eos network? Cause that's a pretty cool idea to me as long as the "pre-adopters" are rewarded on the new blockchain.
Everyone join in here, I'm learning by reading the questions, but trying to ask some more critical questions to shed a different light that may reveal something new for both communities.
there are issues with Steem that will be difficult to change now that there's already staked interested. It's typically easier to change things before launch before having to get the buy in from the token holders of the community and getting consensus.
I see. So kinda what's happening is that he realized his mistakes, learned, and instead of making a lot more work and effort, he's starting over on a new platform.
When is the expected launch?
Pretty much
Remember, it's not just a Steem competitor. It's a facebook, twitter, instagram, etc competitor. There is plenty of room in the sea for two awesome decentralized social media platforms :)
very true. I'll hold my Steem and my EOS.
STEEM better do well with those SMTs. One major problem was the distribution of STEEM. The mining had ended before most people even got to know about the platform. EOS on the other hand had one of the most fairest distributions.
If STEEM survives, SMTs will pretty much be the main reason for it.
Completely agreed. They better launch them by August. Dan's coming for Steem.
Free competition that too in the market is always great to have... Lets see what we are presented with. Let it launch.
let it launch!!! love it.
Seeing you so excited i am getting goosebumps.... It for sure will be great.
this is great and expected news, the advantage that eos social network will have over steemit is that people that gets into steemit comes for the social network itself and the benefits of a payment network but for the common users is difficult to understand how to spend or cashout steem dollars or steems. in eos you would have a positive feedback loop between people that uses eos social network and wins rewards they can spend/invest in dapps and people that creates an account in eos because of a dapp and has automatically an account available in the eos social network. it will be more of competition to fb rather than steemit.
Apologies for being MR STUPID QUESTION, but what is an EOS Genesis Block?
Lol Mr stupid question? We are still learning, no one knows it all. Be free to ask questions
Genesis or first block of EOS blockchain.
Dan is such a genius. Let's check out EOS now. Looking forward to it
he rly is
Free market is good. I was hoping he'd do that airdrop in steem. So they key is just accumulation of EOS. BUY EOS EVERYDAY
no way he'd airdrop on Steem. He doesn't want to reward the shit distribution that plagues Steem.
Hmmmmm anyways I'm happy I got into EOS way early
A steem competitor? This is certainly new to me, how long does he plan it for? I'm guessing it's going to be a long term project rather than a short term project?
And what do you think will be the effect of this on steem?
OOh wow ...That's a good news and i am sure that will be awesome
Waiting for its launch :)