/biz/ - Business & Finance

>>11545532
giving away free money is always a good business plan

>>11545540
Try their website once and you will know. betdice.one
Haven't seen anything so fluid in crypto till now. And I've been trading crypto for the past three years.

It may look like I'm shilling, buy I have to say this. This is what the future of online gambling looks like

>>11545532
https://betdice.one

To be honest, I sold my HOLO and LINK to buy this.

>>11545563

So crypto gambling app is best thing EOS got so far?

It is..it si fluid anon???

>>11545667
bitconnect was a good deal too

free
mo ne
y

>>11545688
No. It's about the volume.

https://altcoinbuzz.io/eos-sees-unique-active-accounts-surge-500-to-60000/


When BitDice user base grew, there was a CPU shortage in EOS.So much that they had to change the code and increase the CPU limits.

>>11545698
Did you look at https://betdice.one and feel that it's like bitconnect? No more comments

>>11545698
Do not underestimate the power of gamblers. Gambling is a billion dollar industry.

>>11545708
That's not a selling point

>>11545735
https://newdex.io is the EOS DEX with the highest volume and DICE is the highest volume token at that exchange. You can verify yourself.

>>11545750
Idgaf about that. The fact they had to change the code to allow more CPU shows how amateur of a project eos is. No one is taking it serious as a decentralized platform

>>11545758
but... but... but it has really good metrics in this completely unrelated and irrelevant factor

>>11545758

EOS is all about decentralised governance. Instead of greedy miners we have block producers who are actually stakeholders in the network. Only the top 21 block producers recieve inflationary coins. They are obliged and incentivised to do good for the network otherwise they will be voted out and new block producers come. The vote that an account casts decays over time. So the initial block producers will not stay block producers forever unless they prevent other candidates from outshining them.

>killer feature: gambling
kek

>>11545532
no it won't
your ram is a ponzi

>>11545532
LMAO, get left behind in the dirt, OP. The EOS pump is starting in 4h. Flippening event will be in around 4 days. Newfags these days like you, who don't understand what is happening, are what is wrong with crypto community right now.

>>11545808
>unregulated gambling
what could possibly go wrong

>>11545808
Gambling is just proof that the network can take high loads. You CAN build anything on top of EOS. In fact there are many other projects doing more 'serious' things on EOS. But as I say , never underestimate gambling and the entertainment industry.

>>11545801
Do u think ur talking to a pajeet? Gtfo out of here with your bs

>>11545839
>Gambling is just proof that the network can take high loads
what exactly gives you the impression that gambling is by any means a high-performance application

>>11545841
Okay. Sorry if I hurt your feelings. I saw a good project , invested in it and wanted to share it here. I good info about Chain link from here. And I profited from that. Just wanted to give something back to this community. Sorry again .

>>11545850
It is. On EOS. Even i did not believe it till I rolled few times on https://betdice.one

funny I thought EOS was just a scam

>not a crypto
>reverse transactions
>block ur account

why would anyone touch that with a pole.

might as well just gamble using paypal $

>>11545876
Wow generating a singular random number sure displays the immense scalability of the network. Thanks

>>11545863
It's not good info your giving out. Your just parroting their marketing when it reality a 21 block producer system already has formed into cartels. EOS is exactly what you don't want to do when building a crypto but then again they only did it for the cash grab. Most of it was outsourced to a computer programming consultancy. Once eth has scaling (which it already has several solutions up and running on l2) no one will care about EOS

>>11545884
Because most people are normies, not autistic anarcho cryptlets. They want those features. The fact that EOS doesn't deserve to moon is precisely why it will.

>>11545886
I just meant EOS is proving itself by withstanding huge transaction loads even if it's from a betting app. Remember how Ethereum was crashed by crypto kitties

>>11545937
Truly amazing how a closed circle of computers can cooperate faster than a cluster loosely based on a mathematical problem.

Truly outstanding.
You know what else can do that? A single computer.

>>11545937
let me know when the Chinese loose their cartel over it.
oh wait, they wont ever loose control as most of the circulating supply is bought by them, normal voters don't make a difference.
enjoy your bp circle jerk.

>>11545948
This closed circle of computers are not really closed. This is just like comparing a democratically elected government to a closed group of people. The block producer list in EOS is a dynamically changing list and it's a democratically elected list.

>>11546045
so you're telling me it's like a government that's at the same time the central bank and the consumer banks.

Now that's satoshi's vision if i've ever seen it

>>11545532
>EOS-ETH flippening
Lol. Functional rich featured 2nd layer ethereum scaling by EOY. EOS will have no selling point left (tx/s) and only negatives.

>>11546066
Ethereum has transaction fee. EOS doesn't . Case closed.

>>11546082
There's a fee in the form of inflation. Hold eos, lose money

>>11546057
Miners have no incentive to improve the network.On the other hand, block producers have that incentive. To protect their own block producer status.

>>11546082
Not to mention the 21 mob members can vote to create more eos, ram or anything else they all collude on

>>11546100
So isn't there inflation in Ethereum?

>>11546100
Do you think the average person can truly understand that?

>>11546132
The average person doesn't use crypto.

>>11546115
Please. They are not mob members. They are elected candidates who can be thrown out any minute by the community. Please don't fall for the FUD.

ETH has inflation. EOS has inflation but has free transactions. which is why you can post to this board anon and it is free. https://eos-forum.org/#/e/anon come feel the power of EOS.

>>11546108
>Miners have no incentive to improve the network

>what are mining rewards

jesus christ EOS investors are even more retarded than LINKlets

>>11546066
EOS is scalable by design. No other scalability solutions needed

the average person now can access a censorship resistant platform thanks to EOS and never have to own any crypto. The tech being developed today is going to on board millions.

everyone knows Jihan controls mining, which is why btc and eth are such shit shows.

>>11546174
Please explain, anon

>>11546149
love how you ignored my post above.
how the fuck will the community vote them out when they don't vote and dont hold enough of the supply to do it?
they're literally cartels who will always vote for each other with their stacks that will only keep growing.

>>11546178
>access a censorship resistant platform
Did we switch topic back to a real crypto? Because EOS literally has a list of centralized decrees that ban/freeze/disown accounts lmao

https://eoscorearbitration.io/disputes/notifications/

the BPs have shuffled around since launch, and as new tools are developed voting will become easier. Once decentralized exchanges are wide spread the majority of holders won't keep funds in places where they cant control the vote. You are exaggerating a problem that is much worse in POW systems where mining is controlled by even fewer people.

Think gambling is not enough? How about full 3D minecraft? eosplanet.one and see you later ethereum. The future is now, and you have just been brainwashed by vitalik coin holders to believe the FUD. Until June you wouldn't shut up that EOS was just an erc20 token without any code. Now is code but outsourced... Get real...

>>11546174
Miners can hardly live off their funds. These EOS Producers are making enough money to provide a decent lifestyle for the people who are dedicating their lives to improving the network.

Ethereum miners are mostly there to just make the money.

>>11545825
Nothing because a lot of these websites can switch over to IPFS and never be taken down. Funfair is a dead model.

>>11546178
This. I can post anonymously on various EOS based applications.

>>11546233
Scammers outsource their code

>>11546233
>How about full 3D minecraft
that already exists. It's called minecraft.

>>11546238
>Miners can hardly live off their funds
stupid economics and their price equilibriums amirite

>dedicating their lives to improving the network
they literally rented servers you absolute mongoloid

>I can post anonymously on various EOS based applications.
And then you get banned for wrongthink because the CEO is a massive SJW cuck. Pic related, your future

>>11546175
EOS is like a shitty loom sidechain on ethereum used as a base chain instead. It's validation mechanism and tokenomics is ridiculous from a security and game theory POV. 2nd layers on ethereum that rely on ethereum base chain as a final auto-dispute-solver validation layer and data availability proof mechanism layer to achieve trustlessness and security are better solutions than EOS. Can have millions to billions of tx/s without the political, economic and security concerns that come from EOS' validation model and tokenomics.

If you're open to the idea that EOS might not be the bees knees, read this to potentially understand why
https://medium.com/loom-network/ethereum-will-be-the-backbone-of-the-new-internet-88718e08124f

yes having to do with legit grievances. Censoring the forum has not happened, and is not an easy matter. for one thing the block memo is there even if the transaction is reversed. don't be a simpleton.

>>11545540
kek @ gif

>>11545563
Nigga i still got fun bags lmao

>>11546258
> Rented servers
Several of these producers have full metal servers. Especially many of the backup producers.

> Get Banned for Wrongthink
I don't believe you understand that I can write a single index page with javascript code and react to create an entire forum that can browse blockchain based posts. I can write my own interface to interact with the blockchain. There's no such thing as being 'banned' from a blockchain.

LOOOOOM LOOOOOL fucking closed source shitchain. do better anon

One thing ETH will never have is cross-chain IBC. All of the side-chains ETH has are closed source garbage. Meanwhile in EOS land I can pull the code down, fork it, and still communicate with the main EOS network and offer an exchange between chains.

>>11546292
>There's no such thing as being 'banned' from a blockchain

read the text on the picture slowly and thoroughly, brainlet

>>11546258
hahaha yes you shit head it exists, now go play cryptokitties that doesn't, and is so innovating...

You rent a brain, if you think producers is about renting servers

>>11546321
Do stupid shit, win stupid prizes.

>>11546325
>block producers get swapped out regularly and it's an ongoing process
>block producers invest heavily in physical servers
make up your mind already retard

called banned for being a scammer/thief not for wrong think you toolbag. I've set up a mining operation, and you would be perfect. https://eos-forum.org/#/e/anon-biz-saltmine

>>11546346
imagine being this absolutely deluded

>>11546321
Arbitration may not ever be necessary if you setup your account with proper permissions using built in multisig and assign proper weight. You can have your base 'savings' account but only allow a separate account to actually use it with the additional permission of another account.

Arbitration is the last ditch ever to stop from losing your funds. It's not the end all be all but other methods will exist to prevent these things from happening.

Including the learning curve that comes with cryptocurrency. If it's going to save people millions of dollars you're sure as shit it will get adopted.

>>11546364
Are you also aware that block producers can REFUSE these arbitration requests?

Trondice.org is way better... fuck Eos

>>11546374
no they must not. Learn to fucking read the bullshit you put your money in rofl

>>11546374
Look at representative democracies and ask yourself how non-corrupt a non-permissionless-by-design representative governance non-democracy like EOS is going to pan out.

There is too much of a human factor and trust necessary in the EOS dPOS system, and the interests between user and block producer just aren't aligned with the system as it is. Since trust is involved it would even be better if Larimer just had a foundation delegate nodes instead of this dystopian bullshit.
Oh wait he effectively half-did when he decided to vote with his 10% of total supply.

>>11546420
Following: You know a distributed governance and validator system is badly designed when centralizing it rightfully increases trust in it.

will u send me some EOS to get started?

>>11546420
b1 can't vote for 10 years. eat a dick.

ETH is a fucking mess, going double digits next month and single digits next year

>>11546450
I would like to also follow up with this arbitration group is a temporary solution to a larger solution in the works. Which involves arbitration through code rather than through humans.

>>11545563
>and you will know. betdice.one
>Haven't seen anything so fluid in crypto till now.
are you fucking kidding me op get the fuck out of here with this low energy shilling
this shitty eos dice is the "most fluid" thing you've seen in crypto? Are you retarded?
>>11545667
lmao this thread is quite funny

Keep dreaming that Ethereum is going to lead the pack brainlets. There's a lot more going on in EOS in 4 months than there has been in Ethereum over the past 3 years.

all block chains have a human factor. bitcoin has humans deciding what code makes it into the next update, and what the priorities are for development. Miners can collude and reverse transactions...they don't because that would destroy the value of bitcoin. same motivation keeps BPs from doing that. if people find the behavior of BPs objectionable they can vote them out. if that becomes impossible they can take the open source code and fork.... this isn't rocket surgery buddy.

ok i download scatter, but there is no EOS mainnet option, but there is Tron and ETH wtf??

>>11546293
Side chain that serves 1million people daily while writing back to main chain is shit? k anon

>>11546479
They are completely different technologies.

Obviously EOS is faster. It's basically a regular server split across 21 people. It's nothing fancy. It's literally just a CDN with its own meme token and pseudo-governance.

Hope you're all ready for biometric wallets, decentralized business models, industry specific chains, and of course horizontal and vertical scaling.

We're only beginning to see the behemoth that is EOS and don't forget to consider the fact that out of the box EOS can push 10,000 transactions per second right now. It hasn't even introduced IBC or its major scaling solutions into the main code yet.

>>11546450
https://block.one/news/block-ones-participation-as-voting-eos-community-member/
Quote:
The swift and successful launch of the first fully functional EOSIO public blockchain by the EOS community this month represents a milestone in decentralized collaboration.

As a recipient of 10% of the initial EOS token allocation, Block.one recognizes its responsibility to participate as an active minority voting member. As such, our approach has been carefully considered, and Block.one will soon begin allocating votes to block producers that share the core values necessary to maximize the integrity and potential of the EOS public blockchain network.

>>11546503
PACK IT UP BOYS, THE FUCKING GENIUS OF BIZ IS HERE.

>>11546511
I'm reading the code. They can't vote unless their 10 year vesting period is over. The only way they can vote is if the main net code gets changed.

Sorry you're not a developer.

21 active producers, there are hundreds on standby. you don't need every god damn machine on the planet solving a pointless problem in order for you to buy a new buttplug with btc. Being decentralized enough to maintain censorship resistance is the goal here.

>>11546503
You look and see the current state of things. 'This is how it is' you declare.
'This is how it will be' says the prophet. He mumbles something about block producers becoming datacenters becoming decentralized self organizing autonomous innovation centers.
You don't care, you've stopped paying attention. You know how it is.

>>11546534
This.

>>11546529
>uses C++ now()
>change system time
>it's now 2028
Sorry you're not a developer.

>>11546545
So at this point your argument is literally "but they'll fix it"?

>>11546066
EOY?

EOY 2020 maybe, eth scaling not happening anytime soon

>>11545727
They said this about the FUN token.

>>11546557
How will you change the system time for all 21 producers? Oh wait...

>>11546592
Just imagine there would be a financial incentive to do this. Like dunno... several million dollars for each guy that colludes. Really rustles the jimmies, doesn't it.

Y'all are arguing EOS or ETH, meanwhile I'm sitting here with my VET seeing real adoption take place..

>>11546557
>So at this point your argument is literally "but they'll fix it"?
Once in a while I see my own reflection accidentally. It's uncomfortable to see the impact of time on your person, to say the least.
Accidentally glimpsing the reflection of technology is somehow different. The wrinkles are not there. Time works differently on technology and I hope it can somehow cause time to work differently on me.

>>11546592
This is the eosio.system contract. Every single producer must run the SAME version of this contract or they cannot be a producer. It is required for keeping the network in sync. If the majority are running the same code then the left over becomes out of sync and is unable to produce blocks.

>>11546604
What's better a few million dollars for doing something simple or hundreds upon millions for being a good actor over the next 10 years.

>>11546619
>no-risk millions available now
>high risk high reward possibility of maybe making 50-100x in 10 years
gee I sure fucken wonder what people would do :^)

>>11546631
Whose offering the millions?

>>11546558
Plasma and Gormos are quite a way out and might not be properly useful as a trustless low finality solution, but you'll see an announcement on something else within a few weeks. I don't want to name in this thread because I want EOSheads to stay poor out of spite.

>>11546529
So block.one is lying? Maybe they're only locked from transfering them but can still vote with them?

Pretty sure they're not lying and there's something you're not thinking of.

>>11546611
Samefag arguing with himself had my lol

>>11546721
Here's what's going on.

> Vesting over 10 years means they can only claim small amounts based on the time period of 10 years.

> They can't vote out of the gate with their 10%.

> They can only claim the amount of tokens they have set aside.

Based on that formula:
max_claimable * currenttime - base_time / (10 * seconds_per_year)

>>11546508
Can anyone explain how biometric security works long term if my fingerprint or retina scan can be stolen by a single hacked camera? You can't reset your biometric info like a compromised password so it just seems bound to become unusable at some point

>>11546920

>>11546923
They're more than likely using something other than fingerprints and retina.

Words on the street is Dan met with some guys at a conference to show off their biometric wallet.

>>11546721
Vests over 10 years. They can only claim a small portion or vote with a small portion based on the time frame. Essentially right now they're only able to claim so much.

>>11545540
this. lmfao this whole post is most likely paid shilling.

>>11546258
The only accounts that have ever been frozen were requested by the account owners to be frozen. The EOS account owners cryptographically proved their ownership of their account pre-hack and asked for their account to be frozen so they would not lose their funds.

On Ethereum or Bitcoin, you can lose millions to a hack. On EOS, you can prevent them from being stolen in the first place.

If you need a simple EOS wallet, download Token Pocket. You can play BetDice right in the app.

If you don't want to play the games, download EOS Lynx and you can make an account in-app for $0.99 and send transactions free forever.

>>11545824
it's been 4 hours, where's the pump?

>>11546980
block.one gets 10% per year over the course of 10 years.

>>11547906
they can use 100% of their voting power now though

.>>11546923
retina + 2fa + pw + multisig + seed + private key

>eos is amazing because of a gambling dapp
this is the power of blockchain

EOS is amazing for my ADHD lots of things to do, instead of waiting around and watching prices.

>>11545948
It is amazing that its taking this long to realize decentralized trust doesn't require a million miners that get grouped into 3 pools. 1 server can't be trusted and it won't hold it's value. 21 active servers with a 100 on backup can. I'd wager that's a little more decentralized than 3-4 pools running POW coins.

>>11546034
Problem has already been solved through EOS individual vote weighting through the use of unique user identification. Research.

>>11546066
No transaction fees. Resource ownership. Multilayer security. Developers covering total cost of all transactions on any dapp (think programs that the user doesn't realize they're using a dapp). Monetary loans through collateral and the collateral can't be seized because non-payment (possible through resource interest). The list goes on. Eth has it's place but EOS opens doors that Eth will never be able to enter.