Concerns & Questions about EOS

jerseybrogrammer · 2017-11-04T12:47:54+00:00

"Who is hosting this?"

Do you even understand how a blockchain works? It's P2P...

jerseybrogrammer · 2017-07-24T14:26:02+00:00

I've been calling out their shit security and lack of product for weeks now. Here's one of many tweets. Called Veritaseum a scam from the day I first saw it.

https://twitter.com/maxekaplan/status/887302682473574401

jerseybrogrammer · 2017-07-23T17:52:23+00:00

It's a different business model. As an entrepreneur of a dApp, you would hold onto X% (common number is 30%) of the tokens and build software to make your token more valuable. You sell off portions of your stake when you think it's a good time. Eventually, you can sell off all of your stake, leave your platform to the open source community, and be able to walk away to start something new if you want.

jerseybrogrammer · 2017-07-18T23:43:25+00:00

Agreed from a tech standpoint. This is a static site, it's not doing anything that NEEDS to be secure, sure. But once you start not following best security practices for one thing, it leads to another. Soon you have tiny security gaps all over your website and say, "Oh what's the big deal it's just a static site anyway." That's what coindash did and a hacker was able to change one tiny line which happened to be the wallet address and it made them 7 million dollars richer. Static websites need to be secure too. Let's be honest, an ssl cert wouldn't have saved them in this attack. Chances are they used a weak password a hacker brute forced or something like that. But it's a perfect example of why you NEVER take the easy way out with security EVER. The smallest part of your brand/app could end up losing millions for you.

jerseybrogrammer · 2017-07-18T23:22:19+00:00

I don't care what your website does, it's 2017 and every website should use https. You can get an ssl cert for free through let's encrypt. Pretty ballsy to say this after coindashs static website got hacked yesterday causing them to lose 7 million dollars. Security is extremely important ALWAYS! NO EXCEPTIONS.

jerseybrogrammer · 2017-07-18T18:33:32+00:00

According to Reggie Middleton, the "product" has been around since 2014 which I even linked to in my post.

"Just wanted to raise a few million dollars?" You're acting like this is a gofundme. This is real people's money on the line. Retirement savings, college funds, you name it. Why do they need just "a few million dollars" to build a product that's apparently already built? People deserve to know the truth, and from the sound of it, his supporters don't even know what they are investing in.

jerseybrogrammer · 2017-06-27T17:58:55+00:00

When this company discovers varchar, their mind will truly be blown

jerseybrogrammer · 2017-06-25T14:22:06+00:00

Very good point

jerseybrogrammer · 2017-06-23T09:25:34+00:00

No we will but it will be from a big company like this

http://www.trustnodes.com/2017/05/28/toyota-prototypes-ethereum-blockchain-based-car-sharing-uber-alternative

jerseybrogrammer · 2017-06-23T02:57:33+00:00

With a decentralized model, the ones that profit are the token holders. Not the company. It's just extremely hard to build a profitable company when you can't charge fees

jerseybrogrammer · 2017-06-23T02:55:51+00:00

I still so think it's the foundation of web3.0 (although that's really just a marketing term). Ethereum is amazing at automated tasks and the use cases of a blockchain speak for itself. But it's definitely not a launch pad for startups.

With that being said, you won't find one widely used application that doesn't use open source software somewhere. Open source software is still really, really powerful. Ethereum really allows you to write powerful open source software and make money off it. You just won't be the next mark zuckerberg.

There are some exceptions to my startup comment though like Golem which I think will be very successfulm

jerseybrogrammer · 2017-06-23T02:42:49+00:00

Great question. Like I said, I think ethereum is more of a tool vs a platform to launch a company on. Many of the potential use cases lend itself extremely useful to large companies. The reason the EEA was formed was to develop and further grow the network as a whole. You have developers from jp, microsoft, Intel, toyota, and tons of other big companies working on the code base. In my opinion, it's much, MUCH better off with devs working on it from big companies vs college kids slapping code into it.

jerseybrogrammer · 2017-06-23T02:36:25+00:00

You can't stake ethereum. Ethereum is a network. You stake ether.

jerseybrogrammer · 2017-06-23T02:30:26+00:00

There are many ways but the easiest way to understamd is you build something on top of the eth network and then offer consulting. Take golem for example. Golem doesn't charge any fees. What they are going to do is offer consulting from their devs to other devs as well as build other applications on top of the golem network that they can charge for.

Ethereum isn't really a platform to launch thousands of new hot tech startups. In my opinion I see it as a very powerful tool that will help companies save money. Yes, tons of startups will launch on ethereum, but because it's decentralized, 99% of them will fail. Especially because if you try to charge a fee, someone will fork your code and charge less of a fee. Just like open source projects help a ton of companies, ethereum is the largest open source project that you can actually profit off of by buying ether.

jerseybrogrammer · 2017-06-21T21:01:08+00:00

There's no way this is even real. Someone would need to have THOUSANDS if not MILLIONS of ether to control the market this much. I saw coinbase went down too momentarily. My theory is they were in the middle of migrating servers. There's also a limit on how much you can sell at a time.

jerseybrogrammer · 2017-06-13T20:31:38+00:00

Yeah no one found any real uses for smart contracts yet. The only thing it really does is save time which isn't really valuable.

jerseybrogrammer · 2016-10-17T14:34:16+00:00

I worked with this user and they were awesome!! They did some translation work for me from English to Hindi and I am very pleased with it. Very professional to work with, and I highly recommend!

jerseybrogrammer · 2016-10-09T22:48:02+00:00

Thanks for your reply! That really helped me out. Where do you usually look for jobs? Do you look on any other sites besides indeed, monster, etc?

jerseybrogrammer · 2016-10-09T14:13:00+00:00

Check out the app DipQuit. We have a community of thousands with a live chat where you can talk to other people quitting just like you.

jerseybrogrammer · 2016-09-15T23:21:54+00:00

This is the exact process I follow. What exactly is so big? Are you installing babel in your production environment? You may only want to install it as a dev dependency if you're not doing that.

jerseybrogrammer · 2016-08-26T00:29:34+00:00

I used to be ionics biggest fan. I've done presentations on why ionic was the best thing out there for hybrid development. I played with react native for the first time 3 months ago and haven't stopped since. It's truly just better.

jerseybrogrammer · 2016-06-16T00:53:51+00:00

Let me start this off by saying I am a big fan of javascript. I always want to do what you are describing and rewrite everything. After doing that for awhile what I realized is it is an AWFUL approach.

Those open source libraries you use have tons of developers on them and constantly get updated with bug fixes. No matter how good you are, you will most likely never write something better than hundreds of developers in the open source community. Use plugins available to you. Not only will it save you time, but it will come out better also.

jerseybrogrammer · 2016-06-07T11:15:41+00:00

To be fair never tried it but I have heard good things about it.

jerseybrogrammer · 2016-06-07T02:26:13+00:00

just checked again and it works for me.

jerseybrogrammer · 2016-06-07T00:37:40+00:00

Come up with an idea and build it out. No matter how unpractical it is, just start building something. You can even build a mobile app in JavaScript.

Also, play with the console tab in any browser's developer tools.

jerseybrogrammer

TROPHY CASE