It is my belief that the EOS project will help create a new and better path for decentralized ecosystems and economies.
EOS has been described as the "Ethereum Killer" and will "build on more than 4 years of continuous development and innovation from the BitShares and Steem community”. Source
From the EOS WhitePaper:
The EOS.IO software introduces a new blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved by creating an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across hundreds of CPU cores or clusters. The resulting technology is a blockchain architecture that scales to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment of decentralized applications.
Source: Block.one
Dan Larimer is leading the project as the CTO. He brought many innovations to the distributed ledger scene with BitShares and Steemit and I believe he will do even more impressive things with EOS.
There are 2 Ways to pick up EOS
- On exchanges like Bitfinex or Kraken.
- Via the EOS ICO windows on Ethereum.
I have opted to pickup and trade EOS on Bitfinex before testing the waters of the ICO windows. There are many strategies to be played during this unique coin offering.
FYI US Residents
For Block One's protection, US citizens and residents are not supposed to participate, although many will by using VPNs. (can we abolish governments already?)
Bitfinex is allowing EOS trading for US residents. I tested this as I let them see a US based IP and I could still pick up EOS.
Price
When EOS first dropped on the exchanges we saw the price around $1.
The price has since come close to $5 and returned to $3.
When EOS first dropped on Bitfinex on July 1st:
Any EOS acquired in 2017 is likely to produce insane returns over the next 5-10 years.
I am very excited to watch and participate in the rest of the ICO windows over the course of the year. And I am even more excited for the innovations EOS will bring to market.
*If you do pickup EOS on the exchanges, you will need to make sure you have extracted your tokens to an Ethereum wallet in which you hold the private keys, before the real EOS token release next year. You will want to claim the real tokens on the EOS blockchain. What is out right now is the ICO crowdfund token on Ethereum.
Learn more on eos.io
Hi there, I’m Will. First and foremost I am an entrepreneur and voluntaryist. I aspire to help build a more free world, one that we all want to live in.
Some of my biggest passions include cryptocurrencies, marketing, finance, cannabis, traveling, bodybuilding, snowboarding, motorcycles, and Subarus.
All pictures are my own, taken with a GS7 Edge or GoPro Hero 4. I release everything under CC0 unless otherwise stated.
My website: williamjohnsonlong.com