Next time someone tells you EOS and Delegated Proof of Stake is "Too Centralized" compared to Bitcoin & it's Proof of Work, show them these pie charts comparing the actual facts on how decentralized EOS is compared to the centralized mining of BTC & ETH by ackza

View this thread on steempeak.com
· @ackza · (edited)
$8.47
Next time someone tells you EOS and Delegated Proof of Stake is "Too Centralized" compared to Bitcoin & it's Proof of Work, show them these pie charts comparing the actual facts on how decentralized EOS is compared to the centralized mining of BTC & ETH
[![177209ba-52e2-4d79-8b6e-9c463207a682.jpeg](http://steepshot.org/api/v1/image/177209ba-52e2-4d79-8b6e-9c463207a682.jpeg)](https://alpha.steepshot.io/post/web-2018-3-0-14-49-29)

-   --  -   - ---  -- - -  -- - -   -----   --  -  - ----  -    -   - --

This chart from @mughat on his discord server here https://discord.gg/QhhYdKf  shows me once and for all the EOS is indeed the MOST decentralized choice between the three, EOS BTC and ETH,  Bitcoin is at least more diverse in its ownership of the main mining pools that produce all the Bitcoin, but Ethereum's mining is centralized between 5 Central Mining poosl while at least we KNOW EOS will have 21 Block Producers and it will be much more evenly distributed between them all evenly, with no chance of one group "hogging up" all the minting of new EOS tokens! The EOS Main Net will have so many amazing new features as highlighted ion thew mew post on @medium by @dan Larimer, creator of Steem, Bitshares and now EOS (The DPOS Graphene Family )
https://medium.com/eosio/eosio-dawn-3-0-now-available-49a3b99242d7

This post is a MUST read for ANYONE interested in EOS.  It may seem Boring if you don't get what it is talkking about but TAKE THE TIME to go through each word you don't know and google it, it will be worth it to start learning about EOS now so you can post anitelligent discussions and ask relevant helpful questions or promote it in an intelligent way! 

For example EOS will have an Account Recovery system which will be much stronger than Steem's where you can recovery a stolen or "hacked" account but if you loose the keys all together there is nothing that can be done!  But with EOS if a certain amount of time goes by with inactivity you can set your Recovery Partner to have the power to help you recover your account either through an associated email for a second factor of authentication.  This method is similar to Lastpass.com which allows recovery of your account if you do not login in 30 days or whatever time period you choose.  With this feature EOS will have a ground breaking revolutionary new way to hold wealth in your name whre even the loss of your keys cannot lock you out of your money! This, combined with the new updates about how EOS will support features of zkSnarks Anonymity Privacy coin protocal, makes EOS the Holy Grail

-- -   -    -  ---- -  -  --   -----   - - --  - - --  --- -   -  --   -

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@coin.info ·
**Coins mentioned in post:**

Coin | | Price (USD) | 📈 24h | 📈 7d
- | - | - | - | -
**BTC** | Bitcoin | 7009.810$ | _0.19%_ | _1.83%_
**EOS** | EOS | 5.960$ | _0.27%_ | _5.11%_
**ETH** | Ethereum | 398.252$ | _1.95%_ | _4.46%_
**STEEM** | Steem | 1.893$ | _0.02%_ | _31.15%_
**TIME** | Chronobank | 10.728$ | _3.55%_ | _9.77%_
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@ssjsasha ·
$0.26
I gotta look into eos more, I know Dan is behind it, but is there any use cases? Anyone accepting their token? any activity on their blockchain?
👍  ,
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@ackza · (edited)
no no no not "dan is behind it " but Dan CREATED it come on man.. And dan created TEEM so whose side are you on? Dan or Vitalik Buterin? Pick man, you can't be anti EOS but use and profit off STEEm that's such hypocrisy by association :) 

Are you kidding me? Please don't do this now, don't start talking about EOS as if its some useless token

The fuckin use case is called every ethereum token in existence

its called smar contracts? Ever heard of them? Its a 100 billion dollar industry? Um yeah lol

And anyone acccepting their token?? Arte you kidding me??? EOS is on Bitfinex Binance so many HUGE exchanges, upbit etc etc

Look here 
![](https://steemitimages.com/DQmZ3jSjoL5ccvN9Cy5TfkbYPafwyezhG1JFY3LVmbNMtwm/image.png)
https://coinmarketcap.com/currencies/eos/#markets

As you can see all the big exchanges carry EOS

So just make sure you do research before enraging me with that question!!!!

And the Blockchain is not OUT yet they have a Main Net launchg in JULY

But how can you act like its not real yet?? I mean LOOK at Steem LOOk at Bitshares! THAT IS ALL THE PROOF YOU NEED

The Dawn 3.09 Software pre release is out! They've done multiple pre releasesd!

The software is REAL and its just like steem and bitshares plus smart contracts and made much faster!!!!!!!!!!!!!!


Don't you SEE that STEEM is doing what Ethereum WISH es it could do? Fast block tiumes SUPER fast co nfirmartion tiems, we just lack smart contracts but we WCOULD have thgem jerry rigged in if we WANTED

instead we will have EOS and it will be the REPLACEMENT for Ethereum

can't you see that ethereum stalled last year because it can't handle its own traffic? Look at the blockchain activity index on https://blocktivity.info 

![](https://steemitimages.com/DQmP8nhZEucMeDQWmzHeGDJiREUxPraonAwcpYQsFRjwbR4/image.png)

See how the Graphene DPOS Dan Larimer created chains are all on the top? Steem at the TOP spot, then ethereum with its overloaded capacity index, can't even handle its own capaiocty, and EOS will be at the TOP, but look evenb Bitshares, a bnlockchain not many hear about , is VERY hiugh on this list at NUMBER 3!!!!

Even GOLOS is on the list with more transactions than litecoin or Dash!!!

So you see GRAPHENE DPOS will dominate always, in terms of real stats

and EOS will be the KING of Graphene DPOS

MILLIONS of transactions per second!

And steem can already do 10,000 per second so imagine EOS :D
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@ssjsasha ·
$1.36
lol calm down, did you not read my message? it started with "I gotta look into eos more"

smart contracts are not a 100 billion dollar industry, not even close.

By accepting their token I am talking about stores accepting them in exchange for products/services...you answered that question by saying their mainnet blockchain is not out yet, so that means the answer to my question is no, no one is or can accept eos.

Yes I am involved in this space, I remember when cryptokitties was delaying the ethereum blockchain...

I am not invested in EOS because I am not a customer to any of those exchanges, but if they do actually start to take away business from ethereum then they might see a nice price rise, but consider this....EOS has 8x the tokens, but 1.5% the price, for a project whose blockchain isn't even out yet, meanwhile Ethereum has SOOOOOO many erc20 tokens and ethereum foundation, so much more infrastructure...

all this to say, people be careful with your money...logically EOS should not rise in price but instead actually tank in value any day...but then again this is crypto, logic doesnt apply
👍  , ,
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vote details (3)
@koh ·
Awesome! EOS is going to use zkSnarks!!
👍  
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@ackza ·
in a very over simplified way, YES just that's fine, tell people that, because its truye

we may not even need to have EOS private

They talk about how EOS will be able to work with zksnarks enabled blockchains, 

and YES we WILL have anonymous EOS it will be the Ho0ly Grail as @mughat was talking about

all credit to mughat for showing me the importance of the new Dawn 3.0 Medium paper @dan just released
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@koh ·
$0.05
@ssjsasha I read a great article about EOS delegating their money to. companies that will bring in startup groups and vet them for using EOS as platform for their apps. 
👍  
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vote details (1)
@cflclosers ·
$0.09
that article is a bit difficult for me to get through but I want to know everything about EOS. I'm wondering though if it is a steem killer?
👍  
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@ackza · (edited)
OMG just read the article! Its not hard! You need to just read it slowly and look up every word you don't understand! How else are ypou ever going to learn? Before long youll  get it all! The words will make sense, you have to do it! If its not your oriuginal language rigfht click and translate to your language in chrome! You MUST get through it tjough! Its OK to skiup over some of thje extremely technical stuff but try to really goover it all! Its very important to understand @WHY each thing is signioficant! Each point gives you an insight into the currebnt problems of blockhaisn and how EOS seeks to fix each one and looking at Steem we SHOULD All have NO problem seeing just how close Dan Is to having something like steem but with etehreum combiend so stem with cm,srt contracts and that's EOS 

No there is no steem kjiller, steem, is the steem killer 

steem will have a new fronte nd betterthan steemit it will be like a party and we will feel dirty and used by staying at steemit incs front end, then it will fork and we will just getwhatever new steem frontend we get, so just keep stackjing steem and pay attention

Also EOS will be for smart contracts and tokens and ICOS and storing wealth safely (Bitcoin doenst let you loose you are keys or get them stolen but EOS does! Its the only blockchain that does this! )

Dont worry about competition just keep collecting steem and EOS

make SURE You have AS MANY EOS tokens as you have steem tokens!
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@harleymechanix ·
$0.16
I think EOS is crypto 2.0.  It is awesome what they have on the horizon.  I have done a lot of research on it and the security features alone will be enough to mainstream it.
👍  
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vote details (1)
@ackza ·
EXACTLY! Just that one fucking feature ALONE makes it the BEST mainstream cryptocurrency BECAUSE you can lose you are fiucking keys! NO OTHER COIN LKETS YOU LOOSE THE KEYS!

Coinbase is the ONLY sort of optiuon for people using Bitcoin who want to not worry about their own keys, so you risk having everything stolen by the government for WHATEVER reason they decide to make up, and that's the ONLY option you GET fpor Bitcoin to have someoene lse protect you from key loss
but EOS has this system BUILT IN and you only have to trust NO ONE

You are recovery partner can't evenm get into you are account they can ONLY help uy recover it just like with steem

so let us rejoice in8 the EOS ferver and take part in the EOS baptismals, drink from the EOS flesh and let us  drink the Blood of our Lord Dan lariumer, son of Stan, Our BTS GodFather that art in heaven 

We pray to thee, that the Steem price shalll rise up to heaven according to His great plan 

Amen
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@newageinv ·
$0.19
EOS is definitely the next evolution in the crypto space as they are trying to solve for many of the challenges most assets have had until now.  Specifically, scalability would be of particular attention as they want to ensure that Dapps are able to continue developing on their platform with sufficient bandwidth. It will be an interesting next couple of weeks to see how it performs leading into the official launch and distribution of their coins.
👍  
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vote details (1)
@showtime24 ·
$0.19
I'm good if I move my stuff from Exodus onto MEW on my hardware device right?  I already registered on Exodus now, if I move it to MEW I don't need to do anything else on my hardware wallet right?  If that makes sense
👍  ,
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vote details (2)
@ackza ·
$0.07
It is the WALLET that is registered NOT the tokens so no you have to register whatever wallet they are on, but I think you have already figured this out by now from you are other reply :_)
Here I am working as EOS tech support and shit lol @dan should send me a few tokens for being 24/7 hour tech support for EOS (and steem) questions 

0xf5be44f6b9eB9eDEc7a8801F0c48a35560dd260F

(My Exodus EOS Address if anyone wants to donate toi Ackza's 24/7 EOS Tech Suppprt Fund, because honestly anyone around the world can Text me at anytime  at 619-500-3748 (and email at zackza@gmail.com ) And I do accept calls from people who TEXT ME first and talk to me over text first etc etc )
👍  
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