This year, did I change or EOS changed?

Recently, I saw a friend in the currency circle who I haven’t seen for a long time, and talked about EOS. When I saw him last time, I was still an EOS player. Although I know that the three waves in 2018 will not reach 500, but it is still very promising to maintain it at 40 US dollars-80 US dollars.

But when I saw him this time, I had already cleared all my warehouses and replaced them with flatbreads. He was very surprised by my behavior of abandoning my faith, and even changed his three views. The original words were "Even you have given up your EOS faith, and there is nothing impossible to happen in the currency circle. I think CSW may also be Nakamoto. Cong." Although his words were illogical, I had the urge to say something.

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Has EOS changed?

Most things haven't gone bad, but everything seems to be going well.

At the end of 2018, several EOS nodes conducted another stress test on the EOS test network Jungle Net. As a result, the TPS of the EOS test network has risen from 8,000 to 17,000. In other words, EOS has basically reached the original vision of EOS 1.0.

Thanks to the development of Block.one, the official EOS technical team, EOS has been updated to version V1.8. Each version has major or minor updates. These updates continue to push EOS forward, and the TPS is rising steadily.

(Note: EOS was known as a million TPS at the time, which was based on the fact that the TPS on each chain reached about 10,000, and it was able to have hundreds of side chains at the same time)

EOS network stress test results TPS reached 17000+

The side chains of EOS have also taken shape. First, there is the side chain BOS of EOS, which focuses on irreversible confirmation, and then there is the side chain Fibos, which mainly promotes easier smart contracts, and new side chains are still coming out like a tide. Every side chain It seems that they can add another patch to EOS.

On the other hand, DApps on EOS are in full swing. According to the real-time data of DAppReview, the top DApps on EOS have a daily turnover of over 10 million RMB. Although it is not as hot as it was in 2018, tens of millions of EOS are moved on the chain every day on the entire network, which is still far more than other public chains except Bitcoin.

The window of DeFi has not been missed. REX launched by EOS has become the largest DeFi project in the entire blockchain industry, higher than MakerDAO, a stable currency of Ethereum, accounting for half of the entire DeFi sector.

Moreover, what the community likes to ridicule the most is also what they are most worried about - BM didn't run away, but came up with "If I told you" ideas one after another.

BM recently had a whim, thinking that EOS can be used as an expansion solution for BTC. From a technical point of view, if it can be promoted, it can be achieved, and there is no need to improve BTC itself, and the difficulty of consensus is very small. If EOS can become a sister chain with BTC, which is currently the only bull market, it may be a child-parent chain, which will bring a win-win situation to BTC and EOS-BTC will expand smoothly, the handling fee will be reduced to 0, and the speed will be reduced to 0.5 seconds. BSV and other forked coins; EOS usage scenarios have exploded, and Bitcoin players and communities are the strongest. Once EOS is recognized, the scale of EOS will be far beyond this scale

Block.one also did not run away. In addition to iterating to the 1.8 version of EOS, it even released a new product, Voice, which not only revitalized the EOS CPU market by itself, but also gave people a feeling of a new generation of Steem myth. .

The referendum expected by the EOS community has not been blocked, but has been accelerated by some BP nodes (such as EOS Canada). You ask why the EOS referendum is so important, let’s take a look at its proposal:

(Proposal source EOSIO.FORUM, EOS Cafe)

The proposal with the most votes was:

- Allocation of REX POOL resources: Whether to allocate EOS to REX in the future from the account that accumulates RAM transaction fees (eosio.ramfree) and the account that accumulates premium name auction fees (eosio.names).

-Whether to retain the EOS Core Arbitration Forum (ECAF): whether to use multi-signature of code and BP instead of ECAF.

- Burn unspent inflation tokens (4%): Whether the 4% inflation tokens that have not been spent should be burned.

- Weight of votes for block producers (super nodes): Whether to change the weight of votes from "one vote thirty votes" to "one vote one vote".

-Establish the EOS Common Development Fund (CDF): Establish the EOS Common Development Fund: Whether to establish the CDF (formerly known as the platform development fund, platform development fund), or establish a worker proposal system (WPS, worker proposal system).

Note that each item here is a matter of life and death for EOS, arbitration, additional issuance from 5% to 1%, EOS votes gathered into 1 person 1 vote, cancellation of 1 person 30 votes, etc...

As the article is written here, you may feel that the EOS community is thriving, and you may even feel that I am calling for EOS.

However, there is a problem:

Why is EOS.IO getting better and better, but eos is getting lower and lower?

Why is EOS.IO getting better and better, but eos is getting lower and lower?

Why is EOS.IO getting better and better, but eos is getting lower and lower?

The first question is for myself, the second question is for EOS holders, and the third question is for former EOS supporters.

The original idea of ​​EOS is great, with an additional 5% issued each year, of which 1% is allocated to 21 nodes + dozens of backup nodes. These nodes perform their own duties, the technical community assists in the development, the ecological community designs applications, the leek community cx shouts orders, and the capital community incubates projects. In this way, coupled with the occasional good ideas of BM and the tireless development of the Block.one team, it is very perfect.

Each node comes from East Asia, North America, Europe and various exempt islands. Under the premise of not affecting TPS, under the setting of 21 nodes, the decentralization is improved as much as possible, and it will become an important competitor of Ethereum in the future.

However, it backfired

The EOS nodes were gradually taken over by Chinese players.

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EOS BP node ranking chart

This is an uncomfortable result. Chinese players are not necessarily bad, and I think the Chinese community is better at playing than foreigners, but the problem is that there are a lot of BPs working on EOS. I can give you a detailed count when I have time, such as developing browsers, user education, making plug-ins, Write contracts and incubate DApps. However, among the top 21 BPs, there suddenly appeared a lot of "Chinese uncles", who only paid for nothing and did nothing, which was very uncomfortable.

Among them, the most representative ones are the EOS nodes of certain exchanges, such as those starting with O and Z. They directly use the user's coins to vote, which is simply unsolvable.

Other EOS BPs take the initiative to do things, or increase their holdings to become nodes, which is beneficial to the traffic and currency price of EOS itself. However, the BP nodes of the exchange are purely empty-handed, and a large amount of coins are dug up every day, and they will go to the secondary market to sell them.

What's even more infuriating is that these BPs don't need to spend their own money, and they have to build and support many small accounts to eat money together. Originally, EOS issued 1% more each year to allow BPs to engage in development and community, so that EOS better. This is even better, all the income of EOS is divided up by these BPs and trumpets! Many BPs who do things do not rank in the top 21, and can only drink soup with backup nodes and eat some scum. How can there be such an unreasonable look in the world!

In addition, Bitfinex and Huobi pool are slightly better. The former is an EOS DEX exchange, and the latter is an eos ecological exchange and a voting tool. At least they solicit opinions from users, and users take the initiative to mortgage them.

But the other companies are just huh, they just eat empty pay and don't do anything. If these nodes are elected by increasing their holdings of EOS, that’s fine, after all, this is the rule. However, several other companies rely on stealing users' coins and voting rights to vote directly without consent. They are simply vultures in the EOS and blockchain industries.