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RE: A Couple of Words on the Fair Sale of EOS
Anyone investing during the first year of the token launch on the Ethereum network will be doing it for one of two reasons:
- Short term speculation.
- Faith that the EOS team will deliver a viable product with potential growth in the long run.
Of course we haven't seen the actual blockchain in operation let alone any apps running on it. However we do know what the Graphene architecture (Bitshares) and Chainbase (Steem's modified version of Graphene) can do.
If the EOS team can build a parallelized (multi-threaded) blockchain on top of this architecture then the whole crypto space will have a higher bar to be measured up against.
I agree. It's just that I don't see this technology answering any unmet needs of the digital world - I still perceive it as a cash-on-hype type of project. I guess we'll see if there will be a new cryptocurrency next year or all efforts will go into popularizing and developing for EOS.