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LBRY Claims • understanding-eos

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23 Oct 2019 18:08:56 UTC
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Understanding EOS
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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW


BitShares, Steemit, and now EOS
Although he didn't do it alone, it seems that Dan has a thing for wanting to change and elevate our expectations for how certain systems can work.
The creation of BitShares showed us how to connect the idea of an exchange with that of an entire ecosystem fit for the utility of cryptocurrency.
Steemit helps everyone but especially the non techies to realize their own potential for an alternative means of income and very cleverly introduces people to the blockchain.
Now it's time to understand the implications of EOS.

There’s at least one common theme that I’ve recognized which runs among the projects developed by Dan Larimer and his team, it is ease of use.
It is in this way that I can see a real parallel with EOS and the company Apple, how it focuses on the end user experience and formulates the technology to accommodate it’s customers.
From my understanding, Dan has a vision to build a blockchain for smart contracts that will act as a hosting environment for decentralized applications. These Dapps could then be built by anyone and they wouldn’t need permission to launch them on the EOS platform.
The general sense of the benefits that EOS is promising to provide include ease of use, faster transactions with zero fees.
It’s been labeled as the “Ethereum Killer” and Dan has stated in [an interview with Jeff Berwick](https://anarchast.com/new-ethereum-killer-cryptocurrency-called-eos-dan-larimer/) that “it is designed to deliver on Ethereum’s promises”
That to me is a ballsy statement and I’ve got to admit that I like seeing him speak about this new platform with such confidence.

No matter how much I'd like to be 100% on board with this topic I really feel the need to express a few of my concerns, don't worry, there isn't many and I'm sure they will be reconciled as this project progresses.

I would be remiss if I didn’t apply the critical analysis questi
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https://www.youtube.com/watch?v=m1Ab-kZAZhw
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