Xi An has always been a centre of politics, economy and culture for over a century in ancient China. EOS Gravity landed on the mysterious, cultural-loaded city on May 27, for the common love for EOS. Ocean Liaoshared his understandings on a lot of issues regarding EOS.
What to do for the imminent main net launch?
Consensus has been reached within the community that only one main net will be launched, instead of multiple. Throughout the whole process, our community should shoulder more responsiblity to lower the potential risks.
What's EOS?
The essense of blockchain is the absence of a centrilized company or server, with all transactions trackable.
What's the advantages of EOS?
As V.1.0 of blockchain, BTC follows the simpliest way of recording transactions. Coin investments and mining is all that is left, while the later one helps to underlie its billing system and coin investment is the act of purchase and sale.
Brought by Ethereum, blockchain industry entered in V2.0 era, with smart contract coming into the spotlight. Simply look at the concept of programming into this blockchain project. The realization of APPs on computers and mobile phones is now possible in the Ethereum architecture. A great thing has been achieved, changing the basic funding process for a project.
In the 3.0 era, the main goal to solve the problem that Ethereum didn't achieve. It was to build a variety of shops that we could use everyday, so that decentralized applications could be popularized.
No cost to users: The transaction transfer in EOS is free and does not require fees. This is also a great change, because in the Internet era we all know that all applications are free and services may be charged. We never use WeChat to pay, because WeChat is a third-party system that provides for free use.
The combination of game industry and blockchain
Games natually bring a lot of traffic. People are willing to participate in some new games in order to play the game. And there is one thing that is different in blockchain games. It is because it can objectively discover new values.
Due to this effect of viral transmission, it has some certain social attributes and will have a chance to become a widely-adopted app.
What are the tricky problems we are facing?
Firstly, there isn't any effective method that leads to noticeable results can in a short term.
Secondly, even though there's some kind of method similar to consensus mechanism. If there's no effective mechanism that drives its efficacy up, few progress will be made in the future.
Thirdly, highly competitive environment.
Future Prospects
It is natural that any newborn system will go through a process from unstable to stable. More bugs and 'Black Swan" are expected to happen in the next 6 months. That said, the ecosystem still remains robust and flexible.
People lingered at the venue a long time after the meetup, eagerly discussing EOS and EOS Gravity. A new dawn of EOS is about to arrive thanks to all the enthusiasm and passion of EOS lovers!