finally made it to the Beos Rainfall...
It came with a bit of a delay but I guess that with 2 months of Airdrop (or rainfall in this case) to go it was still worth setting up the BEOS account.
BEOS is the linking chain between EOS and Bitshares. Both are products developped by Dan Larimer, the same man that was behind our own Steem blockchain that launched a little over 3 years ago. All 3 projects are top coins and now Beos is here to link two of them.
The goal is to be able to move tokens from one chain to the other with smooth token portability and the ability to be able to adapt to different jurisdictions. It does these functions without requiring any modifications to or cooperation from either BitShares or EOS communities, neither of which are involved in its development.
BEOS tokens serve the same functions as the EOS token on the EOS main chain - giving holders voting and access privileges to network resources.
With over 2 months left on the counter I did miss 16 days of rainfall but I guess I can hopefully make up for it.
Yesterday I followed the instructions on the tutorial video made by @michaelx and it is really a nice step by step thing to do
but I still managed to mess it up. I was able to send BTS to my BEOS account before it was even created.
But the nice admins were able to recover it and sent it back to my BTS account.
In the mean time I have been able to send it correctly and my BTS is merrily staking away
https://busy.org/@stan/beos-launches-today-here-s-how-to-get-yours
The only thing that needs to happen now is that in the end the BEOS are worth more then the 500 BTS I put in to create the account.
Is anyone else standing in the rain with their bucket trying to catch the drops??
If so let me know and if not... what are your thoughts on the project?
He cost you 500 BTS or you put 500 BTS to invest for the rainfall?
to create the beos account costs 500 BTS and then you stake as much bts after that as you want. The bigger the stake, the bigger the amount of BEOS you get
Do you lose the 500 BTS for the account creation?
yes, its the cost for the account creation
I will pass this one then. :)
its been raining steadily over here, and although I think I understand like 1% of the whole project, the feeling with it is good..
weird that it didn't get so much promotion at all in it? And yeah...500 BTS with its current price is a steal right? no worries on that
thats what I was thinking, I am just buying a bit more of BTS to put in the rain and grow my stake...
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Bei EOS bin ture ich mir schwer die Dinge zu vertehen. Vielleicht geht es nur mir so- aber für mich ist es sehr kompliziert das System. So viele Dinge und extra Programme um was machen zu können....
Great to hear that. The way this eos is growing day by day
Congratulations, better late than never, really must get round to posting about this myself!
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You did the right thing. Always remember to put in crypto what you are able to loose. Bringing Bitshares to EOS is a great project. It's a cool project you want to be part of and contribute. If successfull many businesses will like to launch on this chain because of it jurisdictional agility. To make it happen, it need to rain first :-) Yep it's raininng now and I will start learning about Bitshares token factory & EOS Operating System. That's BEOS. It's raining!