EOS Apologistoffline

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  • The Necessity of the EOS Rex proposal, and why it’s essential.

    What is the Rex proposal, and why is it needed?

    Well for those of you that are unaware, Rex stands for Resource Exchange, it is a proposal made by Dan Larimer, which proposes the addition of a lending/borrowing platform that…

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    22 Comments
    • I like your suggestion to force voting on a minimum of 21 BP’s first before allowing passive income, but I wonder how many actually analyzed all BP’s in detail before voting. https://eosauthority.com/voting does a good job in voting research, but still, I wouldn’t be able to pick my top 30 BP based on some personal criteria from the 100+ BPs that are currently registered. Just too many options. Excellent article BTW, thanks

      • > I wouldn’t be able to pick my top 30 BP based on some personal criteria from the 100+ BPs that are currently registered. Just too many options. Excellent article BTW, thanks

        One way to short good bps is by looking at their node performance. If they have CPU specs in the top 20 and 100% uptime then I would consider them as a good BP.

      • Good point. Especially since lots of top 21 producers are now not community voted, the importance of transparency and disclosure has radically diminished. At the time of the launch most candidates published their setup and team structure, this has completely disappeared.

      • You bring up a good point, most people probably will not do a thorough job, in picking out BP’s but I believe that will be what the proxies will be very good at, for the users that feel they don’t have the time to do proper due diligence, but still wish to participate. Thank you very much for your comment, take care.✌✌✌

    • REX is a great idea for earning passive income! But my question is how is REX discrepant from Chintai?

      • Thank you very much for your comment, Rex and chintai are mostly the same, where they differ significantly is giving the average user more direct control over their funds, when you lease your tokens on a third-party platform likes chintai, you give up control of your tokens to a third party smart contract, for the duration of the leasing time. With the Rex system relinquishing control over your tokens will not be necessary since Rex is built on top of the system contract. thank you very much for your comment, take care.

    • Another excellent article @eosapologist. Your core point on the necessity of REX is well articulated – let’s hope we see it voted on and implemented.

      • Thank you very much for your kind words, for the record I believe that it will be voted in by the Eos community without issue, But ultimately only time will tell, let’s all hope for the best in this matter.

    • Great writing @eosapologist, I’m motivated to vote and excited for the upcoming progression of eosio developments!
      Also nice link @pcsasd! I hear your concern. I researched BP’s pretty intense b4 launch and collected my list of favorites.
      Anyone know if someone has made a tool to display block production analytics to quickly and easily view performance like missed blocks and such?

      • thank you very much for your kind words, unfortunately I know of No Such tool, I would suggest that you go on the EOS telegram group and asked around I’m sure someone there must know whether such a tool exist or not.

    • This is indeed a great post, you did well by touching all the important areas you are supposed to talk about on this topic. This CPU and ram of a thing is becoming a very serious problem the EOSIO blockchain. Any solutions the developers feel its best should be implemented with immediate effect please.

      • I believe that once the Rex system is up and running, CPU congestion will be handled by the free market rules of supply and demand, which will be very nice for individuals leasing out token capacity on the EOS platform.✌✌✌

    • Great analysis, @eosapologist the voting aspect is certainly the most intriguing aspect of eos and if working able to disrupt the crypto world. As much as i am looking forward to REX, we’ll need to see how this plays out, as this also can be played, as of course the big whales and exchanges can make use of this too. Especially for exchangesm since it’s easy for them to get the consent of their clients, to use their tokens, for offering a share of the REX revenues.

      • No solution is ever perfect, so you’re 100% right we will have to see how it plays out, but for the record I believe that the free market ultimately will decide many of these issues in a beneficial way for all involved, But ultimately only time will tell.✌✌✌

    • Thanks @eosapologist, it’s good article

    • Good article my friend..

    • This post is very useful for me personally especially knowing about the need for Rex. Thank you for sharing this article.

  • The Synergy between EOS and the EOS IO ecosphere.

    Seeing how I did a video on daughter chains and sister chains in the past,

    I figured it was now time to go into more detail about the beneficial synergetic relationship between the EOS mainchain network and its daughter and…

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    11 Comments
  • EOS is the Crypto Event Horizon

    What is an Event Horizon?

    An Event Horizon is a theoretical boundary around a black hole beyond which no light or other radiation can escape, also referred to as the point of no return. As the entirety of the crypto…

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    14 Comments
  • EOS Apologist wrote a new post 4 months ago

    The rise of EOS and the price of success.

     
     

    As the EOS blockchain has begun to rise on to new heights, I’m sure many community members, by now, have noticed the simultaneous rise of fear, uncertainty, and doubt, AKA FUD.

     

    The EOS blockchain has broken new records, set new…

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    22 Comments
    • excellent article, thanks

    • wow EOS has indeed attained new height, and any project built on EOS ia always promising

      • Yes it very much is, there’s so many possibilities made available now with the arrival of the EOS blockchain. And we’ve only just begun, the future is bright for the EOS community.

    • Interesting article….

    • Cpu and its complicated system is the real problem

      • Yes I agree with you, these are not easy fixes but they are worth considering, especially when you consider the possibilities that are now open to us, because of this remarkable EOS IO operating system.

    • Very nice piece. Well written and informative. Thanks for taking the time to share this with us.

      I think Dan Larimer agreed with your point when he said, “perceived reality of centralization and the reality of centralization.”

      That is the real question… how do we in the cryptoverse free our selves from the shackles of centralized currency? It’s through freely tradable and competing currencies. The number of exchangeable crypto alternatives created decentralization.

      • Thank you very much for your kind words, and thank you very much for your sanguine comment. Cryptocurrencies like the EOS blockchain hold the key to providing insignificant amount of freedom to the human race.

    • Some truly excellent points! With so much Fud in CryptoLand, this was a refreshing perspective of things I needed to be remided of. Thank you!

    • Excellent summary @eosapologist! It’s quite refreshing to read such an insightful post! EOS clearly follows the path of trade-offs and maximise efficiency (not only re technical performance) and just as you say, those cries and fud around it are a clear sign that this chain disquites those who felt safe. Still i am not sure if EOS is ready for mass adoption already, first a lot of politics (which currently is inexistent/flawed) will need to be sorted out, before confidence and EOS as a chain can play out all its strengths.

      • Yes I tend to agree with you, but at the same time, I also realize that we will never have a perfect state where everything is running smoothly without flaws, there always will be some issues because human-made technology is not perfect, because human beings are not perfect, but either way time will tell the story, thank you very much for your comment, and thank you very much for your kind words, take care.

    • Good article, can’t agree more on needing a trusted arbiter to protect the community. The system needs balancing but we are moving in the right direction.

      • Yes I definitely agree with you, the system definitely needs balance, and yes we are moving in the right direction, the EOS blockchain is not even a full year old and it has so many accomplishments in a mere 4 months of existence, the future is bright for the EOS blockchain.

    • Very well thought out post @eosapologist. There’s no question EOS is revolutionary in the truest sense of the word. It’s forced us to think outside the box.

      • Thank you very much for your kind words, and thank you very much for your comment, yes EOS is revolutionary and even the most knowledgeable of us cannot fully comprehend all the changes that will likely occur in the next decade because of the arrival of scalable blockchain.

    • Great post @EOS Apologist, very well compiled indeed, very insightful, and very informative.
      Regards,
      Mark (Zeus69)

      • Thank you very much for your kind words, it makes me very happy to know that people like yourself appreciate my efforts, take care.

    • Thank you very much for your kind words, gratzi!

  • Why the EOS URI may hold the key to EOS Mass adoption.

    For those of you that are unaware, URI stands for Universal resource inheritance. I know some of you watching this video right now are probably thinking, if this isn’t just another term for Universal basic income which some believe…

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    24 Comments
    • Great post, after reading it I came to understand about URIs. Thanks for sharing @eosapologist

    • I got half way down was to much for me to read lol but what i read you had some good points.

    • 5 Star / Recommended / Bookmarked -trifecta @eosapologist. Thoughtful, well-constructed argument for URI, a proposal I myself support. Cheers.

    • Thanks for explaining this in depth, I agree with your conclusion, URI should be adpoted

      • Thank you very much for the kind words, time will tell the story if enough EOS holders will see the URI system as beneficial, either way the EOS blockchain is destined for great things.

    • Alright, i’ve listened and read this post. I also read Dan Larimers Medium post from 17 Sep.

      I don’t really understand what the conclusion is. The point is that when someone dies their belongings will be inherited by everyone?

      Personally the feeling of accumulating things is what drives me to work. To be able to pass this on to my children. If I would loose this feeling I believe that I would work less.
      Although i do see the problem with having the absolut top richest people trying to defend their wealth without actually doing anything of real value.

      Also i’ve read studies that implies that giving people things for free decreases IQ.
      It was conducted in afrika, and over the course of 6 years. Families got a subsidy and the idea was that this would raise their living standards and help them invest in tools and increase productivity.
      When the 6 year period was finished the families didn’t make investments but spent it all. They could also see a statistically significant drop in IQ of the children of the families. Imagine this on a global scale.

      • lmao, just realised how stupid it sounds to state that giving things for free decreases iq, and also stating that i want to give to my children. My children would ofcourse have to prove themsleves, otherwise i see more sound projects that could use the assets.

      • Thank you very much for the kind words, time will tell the story if enough EOS holders will see the URI system as beneficial, either way the EOS blockchain is destined for great things.

      • Yes while it is true that some people given the option to work less for the basic necessities, would become slackers, it is also true that some people given the option to work less for the basic necessities, would instead dedicate their time to more fulfilling Pursuits, furthermore the Universal resource inheritance, is not the universal basic income, the URI only guarantees a EOS holder a share of Collective community resources set aside pacifically for that purpose. This can be as much or as little as the community is willing to bestow.

        • Hey, thank you for your response.

          Yes it seems like i mixed Dan’s article and yours together.

          Have there been any more clear numbers presented on this topic? Numbers stating exactly what and how much would be handed out.
          I realise the powerful effect of onboarding more people to the chain and community, but i don’t see the reason to give contineous handouts. A system that helps people set up their first account would be really great. Give them 1-2 EOS to kickstart their account but then its up to them to engage in the community and platform.

          Cheers

          • Not to my knowledge, but we’re still very much in the early days of what is made possible with the EOS blockchain, and for the record I agree with you I am not for giving people handouts either, but a community inheritance is quite a different thing, and just as I believe in the right to inherit in the private sector, I also hope to that standard when applied to blockchain, for me the only difference is who the benefactor is.

    • great video love the bot were did you find it

    • Great post my friend @EOS apologist, keep em rolling.
      Regards,
      Mark (Zeus69)

    • Very thought provoking. I’d need to look into URI further, but this certainly got me thinking.

    • great work as usual, keep it up

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EOS Apologist

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@eosapologist

active 2 months, 1 week ago

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