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RE: It's a very bad idea to power down or sell Steem right now
Tell me what EOS can do which Tezos, Cardano, Tauchain, Enigma, and other upcoming technologies can't do? EOS has a lot of competition in my opinion.
I accept that it is difficult to distinguish between these projects on what they say they will be able to do. However, when I look at where each project is today, the projects that have been delivered before by the chief architects and the current management teams, EOS stands out by a mile.
Charles Hoskinson has a track record of success just like Dan Larimer. History, Charles and Dan were the original founders behind Bitshares. It was also Charles Hoskinson who was one of the original founders behind Ethereum. Just like with Dan Larimer, he has a tendency to leave projects but it doesn't change his history of being behind successful launches.
So Cardano is a legit competitor to EOS and I see no brain power advantage. Dan Larimer may be a better programmer than Charles Hoskinson but Charles is a better communicator, bizdev and organizer. Then you have Tezos which I admit has an unproven team but they still have a lot of money, and then there is Tauchain and Enigma. Enigma has the brainpower to be equal to EOS in my opinion but comes from academia rather than legit experience in crypto. Tauchain also has a lot of brainpower as I've been involved with that and can make that statement but Tauchain is a moon shot, very ambitious, and development is very slow.
I don't think EOS has the advantage you think it does is my conclusion.
Fair enough. I was around for the days of invictus innovations so I know about the history, but thank you. Everyone is going to interpret things differently and that is fine. I accept I could be wrong about the relative chances and status of different projects but I only have so much time. I've done my due diligence and it tells me that supporting EOS, especially given it's stated goals, is the best choice. I wish the other projects all the success, especially Tauchain.
This discussion originated in EOS's capabilities relative to Steem though :) Do you believe ned's assertion that Steem has an advantage where SMT's are concerned? Do you think the Steem token distribution and negative effects should be resolved before increasing the complexity of the economics.....if they can be?
Nonetheless, they have an automatic in with the MIT network, which is a significant advantage that could compensate...