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Correction: you purchase EOS using ETH. It is built on its own blockchain and is indeed an Etherium contender

As I understand it Larimer graphene blockchains are not exactly decentralized. You can easily buy a stake in it to vote or be a witness if you have enough money. The reason for the EOS tokes being released for a year was to try and stop whales eating up all the network to make it centralized like has happened with Steem. I don't think that this will work though and if the tech works as they claim, large corporate interests will take over the whole system very easily and screw everyone.

Thank you very much for the explanation guys and your insight on this blackjok3r!

HUSH and KOMODO... Supernet are doing some amazing things.

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