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RE: The EOS Red Flags Are Nothing To Worry About
Excellent Video.
I had a random thought early this morning.
I think the ERC-20 tokens will be used to vote for future EOS blockchain witnesses using Ethereum smart contracts. These witnesess will most likely include block.one and various BTS and STEEM whales that are competent in running the hardware and software needed for a high performance Graphene Blockchain. When the token sale concludes, block.one will use a portion of the six million ETH to give hardware grants to the newly elected witnesses. At launch, EOS might have a network of 20 to 30 globally distributed high performance datacenter nodes. I think people are underestimating this projects potential.
Thanks, Robert! I 100% agree with you, this project has a lot of FUD going around because people don't understand it. Those who don't understand it are usually the same folks that say things like STEEM is a ponzi scheme, meanwhile STEEM and Bitshares crush any other crypto in transactions and it's not even close. I'm excited for EOS and I HIGHLY doubt Dan Larimer would put his face and name all over this for it to be a scam. That would single-handedly end his crypto career. EOS is ambitious, much like Ethereum was when it first hit the scene, and we all know the kind of FUD that was passed around for that.