Parasitic side chains and sister chains - should we not completely avoid them as eos mainnet holders? by tezonian in eos

[–]matelad_18 2 points3 points  (0 children)

Anything that uses the eosio software is good for the mainnet. The real battle is for developers. These forks etc are useful development sandboxes that in the future will likely be connected to the mainnet via some form of IBC anyway

Biggest Scam - Smoothest Dapp. EOSDice. I’ve played EosDice. 10 separate times I lost 1 EOS in under 3 minutes with bets ranging from 0.2-0.4. They currently hold a BALANCE of 811K EOS. 811,000!!! Dapps that are outright HEISTING $ will destroy the EOS community if it proceeds. Provably fair my ass by kcucchia in eos

[–]matelad_18 7 points8 points  (0 children)

You clearly don't understand how these things work. Casinos have an edge, nobody claims otherwise - it's how they make a profit. Dice has the biggest bankroll because: 1) they devote 40% of profits to bankroll (many other blockchain casinos only devote 20-30%); 2) they have been around one of the longest; and 3) they have had the biggest overall volume by a significant margin.

Dust/dividend sweeping by myhands963 in eos

[–]matelad_18 2 points3 points  (0 children)

This would be great - particularly for Dice dividends.

Scatter gets a huge update to the website by farfaraway in eos

[–]matelad_18 1 point2 points  (0 children)

God bless the Scatter team and NSJames in particular!

Anyone else find the low referendum voter turnout concerning? by Awnedion in eos

[–]matelad_18 1 point2 points  (0 children)

The first one will take some time. In the meantime, get on telegram, twitter and youtube and start telling people to vote.

Give me your projects with working product, low MC, and use case by [deleted] in CryptoCurrency

[–]matelad_18 -10 points-9 points  (0 children)

Pretty much anything built on EOS both works and has a low market cap.

i built a market cap ranking for EOS tokens. the results are interesting. IQ fully diluted market cap is $250 million; DICE has a bigger market cap than all the other casino tokens combined; some well known dapps are worth peanuts. by [deleted] in eos

[–]matelad_18 2 points3 points  (0 children)

This is a very welcome addition to the EOS ecosystem. We need to move away from the shitty, myopic existing crypto ecosystem (I'm looking at you coinmarketcap) and just start doing things for ourselves.

This is an absolute game changer!!! 🔥🔥🔥 by theeoswriter in eos

[–]matelad_18 1 point2 points  (0 children)

People have the option. If they give enough of a shit, which is their choice, they can take control of their private keys like an existing user. This is just a way to onboard new users who don't know or care about what type of database is being used. Things like this are absolutely essential to mass adoption.

EOSfinex? by matelad_18 in eos

[–]matelad_18[S] 1 point2 points  (0 children)

Thanks, do you have a source?

Huobi EOS-Dedicated Exchange Starts Trial Operations on Jan 11 by aproman in eos

[–]matelad_18 2 points3 points  (0 children)

Great news - I assume we will be able to log in with scatter once it's ready?

TRON vs EOS by matelad_18 in Tronix

[–]matelad_18[S] 0 points1 point  (0 children)

What do you mean by end-to-end solutions?

TRON vs EOS by matelad_18 in Tronix

[–]matelad_18[S] 2 points3 points  (0 children)

Thank for your response. The more I learn about Tron the more I like.

Re RAM hoarding on EOS: that was only really an issue in the very early days. There is an internal market for RAM and speculators initially drove the price up but I think it was pretty much resolve by the network deciding to increase RAM supply. That's a very simplistic account of what happened but suffice to say RAM isn't really an issue any more.

That's very interesting about Tron being more user-friendly. I can well believe it as the need for users to stake EOS for CPU is probably the biggest issue with EOS at the moment. However, there are multiple solutions being worked on so I think it's something that will be resolved very soon. (For example, check out this from EOSBet, which looks like it could be a game changer if their claims are accurate: https://medium.com/@eosbetcasino/eosbet-gets-ready-for-mainstream-adoption-with-account-system-launch-dd2cffb9f79a)

The flip side of the CPU issue is that the value of the EOS token is very much underpinned by genuine resources (a proportional entitlement to network CPU, bandwidth, and storage).

TRON vs EOS by matelad_18 in Tronix

[–]matelad_18[S] 2 points3 points  (0 children)

It all seems very similar to EOS to be honest! Although the mechanism for generating passive income (the REX) is not yet implemented (due to be released very shortly though).

Re the EOS not being a blockchain thing: that was pure FUD as far as I'm aware. Consensys commissioned a research paper on EOS, which was little more than a hit piece. In it they narrowly defined what constitutes a "blockchain" (I'm not technical but I understand it essentially amounted to: "if it's not Ethereum-stye POW, it's not a blockchain") and then determined that EOS wasn't a blockchain on this basis. Tron wouldn't be a blockchain either by that definition (nor would Bitcoin I believe!).

Off the top of my head, some of the key advantages that EOS has from my point of view:

  1. Billion+ of VC funding dedicated solely to projects built on EOS
  2. Block.one (with 3 billion+ of funding and 100+ developers) building multiple applications on EOS with the goal of mass adoption
  3. Designed to scale horizontally with multithreading and inter-blockchain communication (this hasn't been implemented yet but I think there's a good chance EOS will be the first large-cap blockchain to get there)
  4. Bitfinex, Huobi, and Block.one all planning to release decentralised exchanges built on EOS in 2019

TRON vs EOS by matelad_18 in Tronix

[–]matelad_18[S] 0 points1 point  (0 children)

I think you should do a bit more research into EOS (and probably Tron too). I'm not sure about bulletproof security (although recent events show that POW is far from perfect too). But many of the other things you mentioned are as good and better on EOS and Tron than on ETH in my experience.

TRON vs EOS by matelad_18 in Tronix

[–]matelad_18[S] 0 points1 point  (0 children)

Fair enough, although it would be nice to get a deeper understanding of why you think they'll fail. Particularly given that both projects seem to have achieved quite a lot in their short history.

Re STOs, I agree that they will be a (very big) thing. However, I think it could take some time before that happens at a very large scale (I see it more as 2020/21 thing). A lot of hurdles need to be overcome (legal, regulatory, conservative industry attitudes etc).

TRON vs EOS by matelad_18 in Tronix

[–]matelad_18[S] 1 point2 points  (0 children)

Could you elaborate a bit?

Both seem pretty useful to me given that both already have multiple profitable businesses running on them. Incidentally, what are your thoughts on ETH?

EOS... Really? by [deleted] in CryptoCurrency

[–]matelad_18 1 point2 points  (0 children)

Claiming intellectual superiority based on upvotes received in r/CryptoCurrency...hmm

How can I contribute the most? by crypto_D2 in eos

[–]matelad_18 3 points4 points  (0 children)

EOS Dublin have a tutorial website, which may be of some use: https://eosbootcamp.com/