Special thanks to Kurt Braget from https://www.whiterabbiticos.com for this interview.
01:45: EOS Token Registration for June 1st
06:51 What is an AirDrop & How EOS used them
10:07 Buying EOS after June 1st
14:17: EOS predictions - will it moon?
17:16: Crypto Kitties + ETH scalable issues
21:10: EOS Voting System
27:07: EOS unique scalability
31:55: Placing Bets EOS vs ETH
With EOS closing at a record $4 Billion, I was interested in discussing with Kurt the future of EOS. We spent some time speaking about Token Registration for June 1st, so feel free to skip to 14:17 for his full predictions.
Currently, EOS has some security & block validation voting issues, however Kurt feels confident following could get fixed pretty quickly. The war is on - EOS is hoping to become a contender to ETH. ETH is currently working to resolve its scaling issues with the amount of transactions per second it can process. Time will only tell. Major organizations have vested time in developing ETH blockchain platforms. However, Kurt compared it to other programming languages that ended up becoming omnipresent within the dev community. If something is easier to implement, eventually it could take precendence.
Scalability and how many transactions per seconds can be handled is the number one issue within the Crypto / Blockchain space. Crypto Kitties made ETH crash because it got overloaded with transactions it could not process. EOS is not yet live, but Kurt believes that it won’t have these same issues because of founder “Dan Larimer who built Bitshares and Steemit." Steemit and Bitshares are probably comprising 50% of all the transactions on the entire blockchain ecosystem. Therefore, EOS should be able to handle the volume.
Another advantage to EOS is its no transaction fees. People could build apps much faster. How much of a threat is EOS to ETH? We will have a much better idea within the first two quarters of EOS going live.
But right now, ETH is the standard and it will be difficult to topple it or take it over.
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Airdrops, according to Kurt, are “when companies that have tokens, give them away for free to their users (in exchange for a sign-up) and these often have some kind of monetary value - generally dollars.” It’s a marketing tool for ICOs, but it is also a good way for users to learn more about new projects and receive tokens.