I’ll try to explain what I know but I’ll be real with you, my good fortune with EOS heavily persuades my opinion of the coin. Let’s talk about that first.
Around June of 2016, i happened to catch a Jeff Berwick interview—he was interviewing a guy named “Dan Larimer.” Yeah, I wasn’t familiar with his name until that interview—his statistics were staggering.
I remember him saying Bitcoin is like a highway of information and can get congested. Ethereum is congested, too, he went into detail about scaling and how all of the top coins can’t scale successfully.
Well, that’s when he announced EOS that had literally been on the market less than a week. Some of the things he said in that interview were.. think of the other coins being highways, well EOS is like a double decker, 200 lane highway going back and forth that will never suffer scaling issues. Immediately, Berwick said “well a bunch of my listeners are going to beat me to the purchase.” I was one of them. I went pretty big on EOS and it’s still my hopeful amongst a sea of currencies I have in various wallets.
Then whatever drama went down between Larimer and Ned happened, they parted ways and now Steemit is doing what it’s doinf and Dan focused solely on EOS.
Block.one, in simple terms, is the company behind EOS similar to what steemitinc used to be to Steem, did I make any sense? I’m not a pro like many others around here but that’s about what I know about the coin. I also know my big splashes were well under $1, it’s currently running at $5 and has been as high as $22. So, now that they’re announcing a new social media platform, I’m really excited. I mean, look what Dan Larimer did with steemit. Can you imagine his next one when all of his kinks, bid bots, voting pools, etc are all worked out? Pretty exciting.