Comments (5)
Game theory.
from documentation.
Same doubt with you
from documentation.
from last 28 days I can see that only in last minuts when only few minuts left for one day token selling , some one buying token in Bulk quantity --
.. why due to that no one can forcast price of EOS token each day .. ?
from documentation.
@fqpywkbb @ngxiaoyi here is something I wrote for a FB page I'm on. It's my understanding of teh tokens and their use.
@bytemaster happy for you to correct me if I'm off base :-)
EOS Token distribution Information / Interpretation
Hi guys. A few people have been asking me about the eos token registration process and how the ERC20 tokens will be worth anything etc. I did a heap of research on this and I'm happy to share it.
This is my understanding based on research. If anyone has a different understanding please feel free to add a comment with any additional details etc.
My Understanding of EOS token distribution...
They will use the eos ERC20 tokens as a kind of address book. Registration of the tokens is essentially a vote to start the eos block chain. One coin one vote. As long as two people vote..., you have a network and the block chain has begun.
I know of more than two people who've registered their tokens already so we have a network. :-)
The ERC20 tokens are a smart contract with the outcome of the vote being the eos network. i.e. each wallet address will be listed in the "address book" and the smart contract will use that address book along with the number of EOS token at that address to assign STAKE in the new network.
If you didn't register your token..., you didn't vote. If you didn't vote. You have no STAKE in the network.
EOS is a PROOF OF STAKE network. Your token is your vote and your vote is your stake.
Thats my understanding from the presentations by the development team and the white paper and road map.
It's all out there. You have to pull it together a bit and I think they did that on purpose too. But it's pretty clear what's going on if you take the time to read through it and listen to what they're saying.
I actually think it's THE most ingenious project from platform design to token distribution and everything in between. It would have taken years to come up with this. The token distribution is a disincentive to traders and wales to get in at the beginning leaving it open for us to get in before the price pumps too high. Anarcho Capitalism and Game Theory at its best IMHO
Here's some info I found on how to register your eos tokens so your vote can be counted.
https://steemit.com/…/how-to-update-the-eos-public-key-mapp…
from documentation.
ethereum-txs-2018-04-11_10-10-00.zip
eos-addresses-2018-04-11_10-06-48.zip
from documentation.
Related Issues (20)
- The picture used for Evaluating Permissions appears to be incorrect. HOT 1
- How does the EOS BP voting process reach consensus?
- No pictures while previewed in Atom editor
- 有错别字
- 从EOS-RAM来深度解析“免费”的EOS HOT 1
- Missing "--private-key" keyword in cmd: cleos wallet import PRIVATE_KEY_1 HOT 2
- 错别字
- mac build failed HOT 41
- 中文翻译
- Typo: "Sometimes a smart contact behaves"
- Whitepaper order of Block Producers
- eosio.token Documentation is incorrect, needs to be fixed
- Kavalier
- https://github.com/EOSIO/Documentation/issues/134#issue-1488223338
- Next
- Main
- Inconsistent "sender pays" model
- mark HOT 1
- Good idea
- Access to Spanish Transalation in Crowdin
Recommend Projects
-
React
A declarative, efficient, and flexible JavaScript library for building user interfaces.
-
Vue.js
🖖 Vue.js is a progressive, incrementally-adoptable JavaScript framework for building UI on the web.
-
Typescript
TypeScript is a superset of JavaScript that compiles to clean JavaScript output.
-
TensorFlow
An Open Source Machine Learning Framework for Everyone
-
Django
The Web framework for perfectionists with deadlines.
-
Laravel
A PHP framework for web artisans
-
D3
Bring data to life with SVG, Canvas and HTML. 📊📈🎉
-
Recommend Topics
-
javascript
JavaScript (JS) is a lightweight interpreted programming language with first-class functions.
-
web
Some thing interesting about web. New door for the world.
-
server
A server is a program made to process requests and deliver data to clients.
-
Machine learning
Machine learning is a way of modeling and interpreting data that allows a piece of software to respond intelligently.
-
Visualization
Some thing interesting about visualization, use data art
-
Game
Some thing interesting about game, make everyone happy.
Recommend Org
-
Facebook
We are working to build community through open source technology. NB: members must have two-factor auth.
-
Microsoft
Open source projects and samples from Microsoft.
-
Google
Google ❤️ Open Source for everyone.
-
Alibaba
Alibaba Open Source for everyone
-
D3
Data-Driven Documents codes.
-
Tencent
China tencent open source team.
from documentation.