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RE: EOS - Should Steemit.inc take a position on all our behalf?
I think you may have missed the point a little. EOS is like an OS for blockchain apps. It can run hundreds, maybe thousands of steem/steemits within it and they would be able to interoperate along with additional performance.
I think you might be missing the point. Why should Steemit hype and buy another project?
Should Steemit also buy stakes in Ethereum, Dfinity, Tezos, Qtum, and Lisk? It can potentially run on any of them. And some of them even are live today!
All of those projects you mention could be toast and should consider doing the same as I'm suggesting for Steem if they believe that EOS has cracked the scalability limitations of single threaded performance. If EOS can act like an OS for a blockchain economy, it would be crazy for any project that could be replicated within EOS and benefit from advantages not to invest and plan to build or migrate within it.
You do know that EOS hasn't launched yet and claims are claims? A a year ago Dan said that everything would be run on Steem...
Exactly. All these claims about what EOS is and can do....actually, it can't do any of those things today. Also, I'm starting a time machine ICO...great time to invest in that space.
If you promise everything, people will keep believing just so long as you never actually launch a product. When you actually launch an over promised dream blockchain that was over funded, everyone will be disappointed by the onset of reality.
That's my biggest thing...it's easy to talk big, show us the chain!!!
Fair enough. I believe I've seen enough to be concerned. It took a couple of months to build and launch steem and Steemit, a year to get to this. Advantages are hard enough to come by.
That's my point wrt EOS. Claims are great, reality is hard. Bold claims require vetting and proof, not credulity.
This is why Steem is one of the most impressive blockchain projects because it is being used today by people and it works. It's not theoretical, it's not a pre-release project that is having an ICO designed to raise an insane amount of money (and be gamed by the ICO issuer itself (they can reinvest ICO proceeds into the ICO and manipulate the price up and down...sigh, never play a game designed by someone who is better at games than you are)), it's something which women and men are using today to connect on and write on and Steem on.
I love Steem and Steemit and what is growing as a result. I couldn't be in more agreement concerning evidence and effectiveness. I accept completely that until EOS is proven, we should keep working and making the Steem magic happen. But, given the resource available today and the possibility (backed by Steem and bitshares) that EOS is a big step forward...it might be worth so planning and preparation. Steem and Steemians are unimaginably precious after all.
A year ago Dan didn't have a $100 million in VC funding, before he even issued the ICO. Today he does. And the ICO is just gravy on top.
Do you have a link to the $100mm in VC funding that Dan has for EOS?
No that information is well-sourced rumor. But, more accurately, it's block.one that raised the money. Dan is the CTO, not the CEO, and has no discretion over how that capital will be spent. We all know that Dan can deliver working software. The real question people should be asking is who is Brendan Blumer and how is he likely to use this money? What we've seen so far at the EOS launch was that Blumer knows how to create a buzz.
"Well-sourced rumor?" Are you serious? A "well-sourced rumor" in advance of a crowdsale designed to raise as much money as possible (it's uncapped) is not worth the paper it isn't printed on. Sheesh. The credulity of people will never cease to amaze me.
You think that Block.one had the largest VC round of ANY blockchain project in history? That's what $100mm would be...
:)
plus the YEAR LONG crowdsale? wtf?
STEEM was never designed to be a smart contract blockchain
Dan literally said a year ago that Steem could run smart contracts and do everything that Ethereum does.
Steem is EOS little sister. EOS is being designed with both STEEM and Bitshares in mind. It's not just another project, it is the 3rd project after bitshares and steem created by @dan Larimer. People have confidence in EOS having seen what he has built before.
Steem is its own thing and is NO ONE's little sister. Stop thinking so small and stop drinking the kool-aid.
I've never had a kool-aid, how does it taste ?
It tastes like that ;)
^ This!!
I doubt that's an issue. Just because they would launch a platform with a better technology it doesn't mean they would be able to build a community.
Steem has already been running for a while and the community keeps growing. It's not an overnight thing.
Also, I do believe that this should more concern Ethereum holders rather than Steem users, because Ethereum is in direct competition with EOS.
Lastly, in my opinion the technology for Steem isn't that important. I haven't read about any limitations that Steem is facing from the technology side, but please correct me if I'm wrong, would like to learn more about that.
As far as we've come, it's really not been that long and if we hand over a competitive advantage....plus there's all the unforeseen developments that may put us further away over time, I think it's an unnecessary risk. What else are we doing with the massive dev fund?
Theoretically speaking it would be great if a exact copy of everything in Steemit could be recreated from a certain point in time within the boundaries of EOS.
I guess that would be the perfect situation for the people that have more to lose than for the new people in Steemit who may prefer a fresh start.
My opinion though is that if there is something to be protected, is not the position of Steemit in the market, but the people as a whole posting in Steemit (with people I mean the flow of information created by the users of Steemit).
Whether it is possible migrating to EOS is something that we have time to discuss, since we still have a year until EOS develops, even to buy tokens, and also, in 6 months we could have a bigger rule changer. So before using actual resources in possible futuristic situations, and being very positive to stay alert, I believe is better to hodl and see how the year develops.
Having said that, I don't see why someone knowledgeable couldn't prepare an approach for a possible migration.
BTW Ive liked your post @Benjojo, and the fact that I can see there are people trying to protect this environment.
Thank you for the comment. There certainly are accounts with more to lose than others. That is one of the reasons I'm doing what I can to give as many as possible an understanding of how encompassing the value within steem can be, regardless of the present distribution of steem and the few foibles. The steemchain and our building of connections across it is just something else. Marvellous. I'm just glad to raise a flag and begin the discussion.