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RE: Tezos ICO is live

in #crypto-news7 years ago

Originally, I was going to invest until I read through the EOS white paper. For anyone who follow me for a while knows that I have been Ethereum investor/bull for some time now. The problem for me for in Tezos is there is nothing ground breaking besides the Dash like DAO governance model that Dash has had for 2 years. Moreover, looking over the EOS details it has superior tech even over Ethereum when it comes a extreme high volume transactional platform at near zero cost with governance built in too. But there's many things that bother me about Tezos. First, the husband and wife are very arrogant on Slack. Also, taking 8.5% just themselves instantly even if project fails. Plus, I can't even see how much money they are raising currently. Looks to me like they are trying to hide that? Maybe someone can point me to a link where I can see this?

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The smart contract language and self amending governance capability are ground breaking enough to give it a major competitive advantage over Ethereum.

To me the personality and politics of the founders are irrelevant to the technical design. If they have good engineers on their team then their personal flaws will not have any influence on the platform. Giving them enough money to hire these engineers via a successful ICO is one way to achieve that.

And yes EOS has a competitive advantage over Ethereum as well but so far Tezos is in a position to have a security advantage in terms of the ease of writing secure smart contracts. I'm not sure about Web Assembly to be honest.

They are taking money from the 'little people' and claiming they are going to give it back, eventually.
(When it's worth only half as much?)
https://www.minds.com/blog/view/729214980280295424

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