Tuesday , July 16 2019
Home / Video / EOS Explained! (Ethereum Developer's Review)

EOS Explained! (Ethereum Developer's Review)



EOS defined, merely! Dan Larimer’s brainchild, EOS, is one other one of many predominant rivals for Ethereum on this market. Understanding EOS cryptocurrency and its utility within the decentralized utility area is tremendous essential! On this video, I break down the idea of Delegated Proof of Stake in EOS, the utilization of CPU, Community and RAM within the EOS ecosystem, and clarify my preliminary ideas on the EOS blockchain total.There may be a lot extra to return on this matter and I’ve one other video coming quickly!

👽Take a look at the Hashoshi Merch assortment for the #HashNation neighborhood:

💸 Donations and Suggestions:
At all times appreciated, by no means anticipated ❤
🎁 BTC: 3KvKTW42fa8uzejSAXJuYKcw4iu9ao6aek
🎁 ETH: 0x6b7d8DC93556ab8bC9f35f0028Ab01586746DBCd
🎁 BAT: 0xF11adaaeA5205ce29eDf1905D0A20C6617286342

📚💡Take a look at the Blockchain Temporary e-newsletter to remain updated:

*==========================================================*
📚CRYPTO READING LIST:
🔥CRYPTO STARTER PACK:

🔐 **PROTECT YOUR CRYPTO** 🔐
————————————————————————————————————-
🔐Get a KeepKey pockets right here:

————————————————————————————————————-
🔐Get a Ledger Nano S Right here:

————————————————————————————————————-
🔐Get a Trezor pockets right here:

————————————————————————————————————-
🔐Get a Kasse pockets right here:

————————————————————————————————————-
**********************************************************************

🚀**JOIN THE MOVEMENT** 🚀
————————————————————————————————————-
If you wish to get within the cryptocurrency recreation, join Coinbase with my referral hyperlink:
————————————————————————————————————-
To purchase altcoins, join Binance with my referral hyperlink right here:

————————————————————————————————————-
Join Honeyminer right here and begin mining crypto for $$ right here:
————————————————————————————————————-
Obtain one of the best net browser ever, Courageous:

————————————————————————————————————-
**********************************************************************

⚙️**MY GEAR** ⚙️

All my gear to get crispy video/audio:
————————————————————————————————————-
Dope YouTube plugins and instruments:
————————————————————————————————————-
Get the BEST YouTube stats and instruments with VidIQ:
————————————————————————————————————-
**********************************************************************

🙏**CONNECT WITH ME ON SOCIAL** 🙏

I’m @hashoshi4, let’s hang around!

Twitter:
Fb:
Instagram:

————————————————————————————————–
🛑DISCLAIMER: The data on this video is an opinion and is for informational functions solely. It’s not supposed to be funding recommendation, nor does it signify any entity’s opinion however my very own. Search a duly licensed skilled for funding recommendation. I’m not guaranteeing you features in your funding and the content material I produce is my very own private method and technique that I’ve had success with investing in cryptocurrency.

🔺 This video and outline might comprise affiliate hyperlinks, which implies that should you click on on one of many product hyperlinks, I’ll obtain a small fee. Most frequently, I embody hyperlinks to merchandise after I do product critiques, however I’ll by no means push a product I don’t use myself and completely imagine in! The fee I obtain for clicks is straight reinvested into the creation of nice content material on this channel, &I thanks on your help.

Inside the EOS platform, Ethereum builders can expertise a complete new manner of doing issues. After the EOS ICO that earned big sums of cash, and Dan Larimer’s proof of stake consensus mechanism got here to mild, EOS has been touted as an Ethereum killer. Is it? We will see concerning the EOS blockchain.

#Hashoshi #HashNation

About beheer

Check Also

Bitcoin Ethereum Litecoin Ripple Binance Technical Analysis Chart 6/4/2019 by ChartGuys.com

NEW Course: TCG Clothes: Crypto Alert System V2: Instagram! TCG Programs: Really useful Fundamentals: Nugget’s …

Bitcoin Ethereum Litecoin Ripple Binance Technical Analysis Chart 5/31/2019 by ChartGuys.com

NEW Course: TCG Clothes: Crypto Alert System V2: Instagram! TCG Programs: Really helpful Fundamentals: Nugget’s …

43 comments

  1. Another great video. I'm personally intrigued and invested in many smart contract platforms (ETH, EOS, Cardano, ICON, TEZOS, NEO) because I believe this type of technology will thrive in the future. Unfortunately, I have not put much effort or finances into TRON although your video has me thinking I should take a look further into the project. Keep up the great work, and my only suggestions for future videos would be on NEO, and Tezos and possibly companies like THEKEY (TKY) on identity projects. I have the least confidence in Tezos out of all the smart contract platforms I've vested my time and money into but who knows what time will tell. Keep up the hard work making these videos the community appreciates it.

  2. Ur reviews r the best
    Thank you man

  3. Great video. Well put, clear description of the technology.

  4. I love that you take a positive approach. ETH has paved the way for the likes of EOS and TRX. We are all in this together. Meaning the people that see the value of crypto. We all need to stop arguing and speaking the truth just like you are doing here. By the way I did a study on the transactions the ETH, EOS and TRX currently are running. https://www.reddit.com/r/eos/comments/ahvsvw/why_transaction_count_matters_and_why_the_market/ It's interesting to watch how these different projects are being used.

  5. Great and simple review without hate or bias. But to be fair it feels like anything thats not PoW sounds revolutionary and will be the ethereum killer. Once ethereum transitions from PoW then things will look much better.
    As for EOS, right now it looks like the word "decentralized" cant even go near that project, with only 21 block producers who control the network as a central authority and EOS being able to simply roll back transactions and remove your funds if they are unused, it just looks like a bank, something with centralized power.
    There are PoS projects that allow tokens to remain in your wallet and be used while still having voting power on the network for a node, and anybody can become a node and get people to vote for them so that the tokens are used while still being available and the network becomes really decentralized. If EOS is working to make it decentralized, doesnt look like it is their priority.
    Also the fact that they raised such an enormous capital puts pressure on them because they shouldnt have any excuses to make such big mistakes like vulnerabilities on launch, many lesser projects run smoother and with much less money available to them.

  6. Some facts about eos (feel free to add or correct me if i am wrong on something):
    – NO FEES and INSTANT transactions (try gaming sites…youll be amased)
    – VC founds investing 100s of millions (Novogratz Galaxy digital 325 Million, $100m FinLab AG and BlockOne VC Fund, $50m SVK Crypto and B1 fund, $50m Tomorrow Blockchain opportunities fund, …___).
    – $1bn BlockOne commitment to fund Dapps in the Eco system (EOS VC Initiative)
    – $200m VC fund with Blockchain veterans Michael Cao and Winnie Liu, which will make strategic investments in Asia-focused projects utilizing EOSIO
    – Bitmain's Jihan Wu investing heavy in BlockOne
    – PayPal’s Peter Thiel investing heavy in BlockOne
    – Rob Jesudason, the Chief Financial Officer (CFO) of Australia’s Commonwealth Bank (CBA), has left the bank to join BlockOne as chief operating officer
    – Tomorrow Ventures, a venture capital linked to former Alphabet Inc chairman Eric Schmidt, is also involved.
    – sister chains launching (Worbly, Telos, Eosforce, Boid, Evolution, Eoseurope, BOS,..) They will eventually have inter-Blockchain communication (IBC) which will be a revolution in speed and usability.
    – Activision (call of duty, angry birds) and Mythical games giants already building on eos. Mythical Games $16m founded by VC's.
    – China government rated EOS number 1 crypto many times.
    – Weiss Rating rated EOS number 1 crypto
    – blocktivity shows – 45 million trx per day, more than all other crypto combined and multiplied many times – in just 7 months (In comparison Ethereum average 600k and Bitcoin average 500k)
    – 17.000 trx pre pecond on testnet, beating every other project many times over
    – Wickipedia founder launched Everypedia on EOS, growing fast and thinking on launching their own eos sister chain
    – DappRadar – most used dapps of all other crypto in 7 months
    – Second in number of developers, behind ethereum (not for long as they are moving to eos)
    – free Airdrops and Airgrabs, worth 1/3 of the EOStokens in just 7 months and coming more and more frequent
    – Bancor launched a decentralised exchange where you can trade ETH, ERC20, EOS and all EOS airdrops directly beetween them, without fees
    – many DEX exchanges where you can trade EOS airdrops directly from/to your EOS account – no need to send them anywhere!! (jeah, really!) Eos is growing a brand new internal blockchain market of its own. Many tokens atm are only tradable in EOS.
    – introducing EOSBTC, EOSETH and EOSUSDT..that act like eth, btc and usdt stable coins, but on eos's blockchain speed
    – Ledger Nano S integration, where you can set up Ledger to be your active or owner key… and so protecting your eos account even if someone steals your Ledger. A revolution in crypto security.
    – 4,8 BILLION US DOLLARS warchest in CASH
    – EOS's development funding is the only crypto that is not effected by the bear market – BlockOne is the only one out there hireing lots of developers in a bear market when others are laying them off.
    – Many Dapps migrating from ETH to EOS (Sense coin, havven, texico, medipedia, sentinel, Eos Dice bet,…). Even one of the only two dapps developing on cardano just moved to eos (sp8do), publicly exposing cardano as too complicated to build on.
    – incredibly scalable (every future issue can be fixed easily without a fork)
    – FORTH crypto in trading volume in a BEAR market (only behind BTC, ETH and USDT)
    – multiple exchanges adding EOS trading pairs regularly
    – Blockchain with human readable names, makes transferes as easy as possible
    – Blockchain with top security, the first one with the so called 'owner' and 'active' key pairs.
    – one of the strongest and largest community there is. EOS reddit, EOS telegram, a huge amount of sub communities too like for Block Producers, Developers, Designers, people who just talk price action… Even the individual block producers have their own communities.
    – Virginia Tech – the tech school where Dan Larimer is teaching young troops on eos and blockchain…wait till they come out of there…
    – Chintai lending, where you can lent your eos resources for profit, today.
    – Huobi just launched a new exclusively EOS based exchange, where voting and other things will be possible.
    – Just out – referendum voting, the ultimate decentralisation. Power to the token hodlers.
    – EVA, the Uber competition dapp built on EOS just got an official operating permit in Quebec

    And all that in just 7 months!

    Still to come (and consequently rise the price):
    – REX renting (voting incentive, CPU congestion solving)
    – Block One wallet (with all the goodies in one secure place)
    – Trezor and other hard wallets implementation
    – banking on eos (yes, they are opening their own bank where the costumers will be the owners, it is called The Good Bank)
    – facebook on eos,
    – identitiy on eos,
    – genome on eos
    – financial markets on eos,
    – last but not least – Dan Larimer thinking of a Bitcoin on stereoids on the eos chain (so called Shower coin, that made the competition shit in their pants according to the "Dan is leaving" FUD they are still desperately trying to spread)

    Challenges for to be solved shortly:
    – Constitution and ECAF (will be solved with referendum) – many other projects like Tron have constitutions.
    – Vote buying (will be solved with referendum) – Tron is actually BASED on vote buying. (disclaimer – i have tron too). Some very good solutions presented by EOSforce sister chain.
    – CPU issues – to be solved in february by Bancor/LiquidEOS

    These challanges (with the bear market) are keeping the price low. When solved, many will wish they dug deeper in eos earlier. As all the venture capital did.

    …in just 7 months

  7. Great fair review! So rare… have you heard about the BC program that B1 is creating at VT?

  8. EOS now has a referendum system that is live. We are now a true democracy where all 1000000000 votes are counted exactly. What other Block Chain offers this? Shouldn’t they all?

  9. EOS. Not selling, all tokens staked, development on EOS is going on in so many different & unexpected avenues.
    Airdrops, Sister & Side chains, WORBL, Telos, REX, it just goes on & on.
    Founding EOS Genesis token holders will become revered over time

  10. Ternio actually reach 1 million transactions per second.

  11. damn dude, what a deepdive, such a nice explanation daaamn. you are the only youtuber that actually knows his shit this is so nice to understand what each coin brings to the table in such a nice detail

  12. Cedric dahl of eos.
    Nice

  13. Several things incorrect: (1) you're not expected to lock coins in order to vote, you vote to protect the coins you locked to use the network. other incentives to lock coins like the REX and rebates incoming, but Dan never designs it where producers are expected to pay for votes and encourages inflation be cut if they are overpaid (2) more votes != better rewards, you got this wrong, Dan's dpos is pareto breaking meaning top 21 get paid SAME amount and have same weight on purpose, but if they are fired, they lose almost all income. that's something at stake. (3) you can get back any ram you use, it's your ram, other people can't force you to use it, and you can sell it back to network, it's a literal cap on state stored for the blockchain which happens to be in literal RAM . you don't stake ram, you just buy RAM or sell RAM, that's it.

  14. Your clear for a tech guy explaining complex tech and fair. Well done 🙂 I am curious about where the EOS that is destroyed in the RAM usage goes. Does it get burnt and offset inflation?

  15. I downloaded an EOS mobile wallet and tried it back in August 2018. A week later I exchanged every other crypto I had to EOS. no more waiting for confirmations, etc. Note, I've played casino extensively on EOS, and I can say; you don't really much "network" I could transact non stop for hours with just 0.5 EOS staked for network, but for CPU I had 120 EOS staked.

  16. You left out the referendum dude, key item that was launched a few of weeks ago. The token holder now has the say so, not the BP.

  17. I really learned a lot from this video. Thank you.

  18. IOST is also good n has fixed most of Eos issues. not to say EOS is bad but IOST is really good check it out

  19. I'm extremely irritated I just found this channel.

  20. A very fair and well researched video… Nothing but respect! Signed Shane from SVK CRYPTO – LDN one of the EOS VC partners. Thank you… http://www.svkcrypto.com

  21. ❤️ CARDANO IS THE FUTURE ❤️

  22. XRP will make you millionaire thanks.

  23. you should become a blockchain instructor at VT since they just partnered with b1, thanks for the valued info!

  24. I have there is a project called. DEXON

    As a DApp developer, you don’t need to give out things that you have learned while building DApps. Ex: solidity, Web3 and truffle and etherscan.

    But it’s latency is 2s and it’s TPS could reach 10,000. It sounds too good to be true

  25. Hi! Could you perhaps do a review on Zap oracles too? They seem to be providing oracles for Ethereum as well as EOS but can not find 1 single review on them.

    Thanks.

  26. Update … check vRAM, dapp token, DSPs, btw great video

  27. I hope I'm understanding this correctly so bare with me, but developer=CEO, 21 delegated stakeholders=board of directors, stakeholders=shareholders, token staking=hedging? analogous? oversimplified?

  28. how much do they pay you to promote crap?

  29. Would you consider a EOS for dummies series

  30. but isn't ETH also working on off-chain storage?

  31. I bought 7 shares of Eos before watching this. Thanks for the peace at mind.

  32. Ripple and EOS are scams lmao

  33. Great video, the investor experience with Eos has been fantastic. There is a resource exchange that is drop dead simple to use: you buy Eos, go to one of several sites for accessing the Rex (as the resource exchange is called) and stake your newly purchased Eos there. Then you get a passive income: the Rex loans out your staked Eos to developers, but instead of losing your voting ability, or ability to collect airdrops, instead you retain those abilities and get a passive income from the rental of your tokens. I can’t think of any other main-net type token that offers this capacity. You basically get a double win: the price of tokens rises, and your passive income rises as well. I am studying how to program Eos smart contracts with great courses put out by entities like Everything Eos that essentially offers a free Udemy course (covering a range of topics from c++, JavaScript, eosjs, css and other aspects) as long as you vote for them as a bp (or you can just pay for the course). Their hackathons are phenomenal, attend one if you get the chance, the mentors are sharp and knowledgeable and very helpful.

  34. How would you allocate 20K between EOS or ADA?

  35. How can I store EOS on my ledger without getting scammed by these FAKE account creators? I've attempted to create two accounts so far and everytime after I pay the 0.8 EOS account fee I get nothing… No account No EOS. This is bit diffucult and scammy

  36. sadly i think eos is a dogshit coin. no reason to go eos when you got ether chilling right there