Why you want the EOS cryptocurrency

in #crypto5 years ago (edited)

dan-larimer.jpg

History, integrity, and resources

First, there's the guy who created EOS and released it into the wild, Albert Einstein- I mean Dan Larimer. I've seen only success from him. From Bitshares to https://Steemit.com. I dig his philosophy about governance and I trust him. And when he had a chance to run off with billions (yes billions!) from the year long ICO, he didn't. Instead, he contributed one billion to the community for various projects and hired developers to build and improve EOS and EOS-related projects. No other cryptocurrency even comes close in terms of sheer resources and that matters.

eos-to-moon.jpg

What does EOS do?

It goes past the moon! EOS is often compared to ETH (Ethereum) because they are both platforms designed to be foundations for distributed applications (dApps) to use. EOS is newer and has differences that address some shortcomings of the Ethereum Network. For instance, to develop a dApp on Ethereum you need to use Solidity, a programming language for smart contracts. The need to know Solidity is a barrier to the use of the Ethereum Network. EOS overcomes this by providing services to developers, including database and account management services, which do not require programming knowledge. Also, EOS is set up to primarily utilize variations on the most popular and efficient coding language; C++. Tried and tested. Huge support community. Block.one has made developer-friendliness a priority for EOS and has continued this practice into the development of EOSIO 2.0 that is about to land.

Thriving and fast-growing dApp community

Among the many dApps already built and being built for EOS, a few worthy of mention are:

Free and fast

EOS has other technological strong points as well. For instance, it is superfast and more scalable than Ethereum. In terms of speed, EOS gets faster with time and is already thousands of times faster than ETH. Where the Ethereum Network requires users to pay gas to use the network, transactions on the EOS blockchain are free. EOS also has huge and enthusiastic community support, and for good reason. The coin is not mined. Rather, block producers are voted in by the community.

Can you handle more free goodies?

If you own EOS, many apps built upon that network - in order to avoid certain regulations - Give ("airdrop") EOS owners the tokens for their app for FREE. Some give you equal amounts of their app token to what you own in EOS, others 10 or more times as much! This creates more incentive for people to own EOS.

Highly ranked, competition spanked

EOS is ranked #5 in market cap for all existing cryptos and with Ethereum, Bitcoin Cash, and Ripple losing steam compared to EOS, it could easily jump to #2, second only to Bitcoin, in market dominance! For these reasons, I am confident EOS will be a game changer and a profitable investment in 2019 and beyond.

Coinbase added EOS!

Love em or hate them, https://Coinbase.com is the go-to place for easy entry. For those who want it easy, Coinbase is the best way to buy crypto. Just a few days ago, Coinbase added EOS to their stable of coins you can buy and sell there.

A few other articles by Scotter:

Voluntaryism: https://steemit.com/crypto/@scottermonkey/what-can-one-person-do-v3-0
Nonviolent Communication (NVC): https://steemit.com/dtube/@scottermonkey/a3xazce7
NVC-based app I built (and plan to convert into a dApp): https://steemit.com/nvc/@scottermonkey/rewire-your-brain-with-a-mobile-app
Satire NVC Animation: https://steemit.com/dtube/@scottermonkey/sty162qa
Satire Voluntaryist Animation: https://steemit.com/dtube/@scottermonkey/y2vx11eo
Satire Voluntaryist Animation: https://steemit.com/dtube/@scottermonkey/1n7p9ula
EOS: https://steemit.com/cryptocurrency/@scottermonkey/why-eos-is-the-best-crypto-platform
EOS: https://steemit.com/cryptocurrency/@scottermonkey/why-i-m-betting-on-the-eos-cryptocurrency

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