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RE: EOS: Ethereum Killer, Or Ethereum-SAVIOUR...?
I’m curious how you managed to post this without getting flagged by the self appointed EOS police whose names I won’t mention. Is that ridiculous drama finally over?
On a brighter note, this was a good read. I’m building a position in EOS over the course of this year just as I am with steem. Idk why btc and eth are so popular if they’re so slow relative to our underdog coins. Maybe we just need more time for steem and EOS to become more well known. That and EOS is still in very early stage.
Bitcoin has massive first mover advantage having been around for 8 years or so. EOS does not launch until mid 2018. We are still in very early days of crypto and name means a lot. Bitcoin is no 1 and anything else needs to compete with that. Additionally, bitcoin has a different use case. I agree if ethereum fails to scale the EOS could replace it but we are years away from that situation.
They have value due to network effects ... How relatively emerced they are in commerce... This is why a long token distribution and community building is Soo important to kickstart EOS.
I dunno what was going on with that - read something briefly about it a while ago, though don't know enough details to comment.
I'd probably say, first-mover advantage.
Bitcoin was the first, and has had the most time to grow its community of supporters, thus gaining the most traction, adoption, and momentum.
Ethereum... well, it was the first of its kind as a smart-contract based platform, decentralized world-computer. And, they got their marketing right.
Since, there's been a ton of projects - though so many quick to just jump on the trend, with not alot of substance to back them up or the communities and entrepreneurial acumen to achieve what BTC and ETH did.
And yeah... give EOS time. It's still very early. And as we can see with Dan's approach to Bitshares and Steemit - it may be more a marathon than a sprint, and the foundation of performance and fundamentals may prove the tortoise vs. the hare metaphor correct, in the midst of countless other projects who are putting hyped, sensationalistic marketing as their priority before the technology itself...