Why I am loving EOS

EOS, a platform for decentralised apps, or DApps, is launching on June 2. And I am loving the build up.

EOS promises to remake the internet.

And yes - I know that it's not the only altcoin or blockchain to do that. I just personally think this one will achieve a massive boost through the audacity of its ambition, its first mover status, and the sheer awesomeness of its community.

I'll deal with each of thee aspects of my thinking in classic essay format - each will get a paragraph or two before my conclusion.

EOS is an audacious move. And it is difficult to explain because it takes a step or two beyond the benefits of ordinary blockchain - and we all know how difficult it is to explain what blockchain is to the uninitiated. Sure, some few people get it straight away. Some see something but take a bit of convincing - if they can be bothered. And some just don't get it at all.

So on top of the wonder of the distributed ledger - the internet of truth - to coin a phrase, EOS is a platform to enable anyone to build and develop Apps in standard computer language (C++) which can be plugged in to the EOSIO platform and, wallah - instant blockchain. Any Apps. About anything, for any purpose. And EOS tokens enable developer access to the platform in the form of bandwidth and storage capacity (not to mention governance benefits like voting rights), and therefore have intrinsic value.

So why will EOS attain first mover status? Because it's year-long ICO is closing in just under two weeks. The EOS platform is ready to go. But in true decentralised tradition, BlockOne, the company behind EOS, isn't launching the network. The EOS operating system EOSIO is open source, freely available to all comers, and BlockOne is letting the community handle the launch.

And what a community it is. Check out the EOS GO channel on You Tube and you will see the energy, creativity and innovation which is about to blossom on the EOS platform. But more, check out the goodwill and the collaboration of teams all vying to become Block Producers (one of 21 'points of truth' - to coin another phrase - on the distributed ledger that is the EOS platform). But they need to collaborate, because no one team can launch the network by themselves.

This is truly remarkable, and goes against all the received wisdom of doing business in the capitalist age. I love it.

If I have piqued your interest I thoroughly recommend checking out the EOS GO team on you tube: https://www.youtube.com/channel/UC0fwWI2RBBtEIYIP6fH68XQ

I also recommend The Awakenment for shorter updates:
https://www.youtube.com/channel/UCphVYR2CHULYHf59ZSQMEag

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May all beings be happy.
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EOS gif courtesy of EOS.io