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RE: EOS Crowdsale with MyEtherWallet - The Complete Guide

in #eos7 years ago

Thanks for the post. Man am I happy I didn't invest more than a sprinkle of bucks into the EOS sale. It has to be the most convoluted and unnecessarily complex token claim method ever. One can only wonder at how many tokens have been paid for and never claimed. In my view, it does not speak well for the founders.

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Well, then you aren't well informed. What they've done is create a provable and decentralized means of generating a snapshot. EOS will not be on the Ethereum blockchain, and thus, people need a way to access their tokens on the EOS blockchain after the EOS ERC20 tokens are frozen around June 2nd 2018. Normally, when people create a snapshot, they'll say something like "We're going to take a snapshot sometime between day X and Y, make sure tokens are in your wallet, etc" and then you trust that they will take a correct snapshot.

As it is now, the snapshot can be provably correct or incorrect due to the state in the contract itself. Without registration and mapping, there would be no way to access your tokens on the native blockchain.

Additionally, you mention the "founders" but don't recognize that one of the founders designed and developed the blockchain platform you're commenting on right now. Based on Graphene, STEEM is incredibly easy to use for non-technical users, and boasts a low barrier of entry.

The "complexities" you speak of in response to a post that's directed specifically towards users who wish to contribute via MEW is voluntary. They have an interface, as mentioned several times in this article, that abstracts away all the complexity, and is available at http://eos.io and requires the Meta Mask plugin.

In regards to unclaimed tokens, unclaimed tokens will be included in the snapshot.

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