2 years ago
In a caller tweet, Vitalik Buterin praised EOS calling it “Ethereum On Steroids.”
He said the naming reflects the lessons the halfway squad learned from “Ethereum’s amateurish naivety and idealism” to present a level with superior scalability and speed.
EOS is Ethereum On Steroids.
The sanction reflects the information that the halfway squad learned from Ethereum's amateurish naivety and idealism, and built retired a squad of nonrecreational top-talent bundle developers that created a astute declaration level with overmuch higher scalability and speed.
— vitalik.eth (@VitalikButerin) June 27, 2022
Given the unusual quality of the tweet, peculiarly the disapproval leveled astatine however ETH devs person gone astir their business, the net is divided connected whether Buterin was being sarcastic.
EOS is readying a comeback
Some accidental EOS was a unfortunate of its success. Its year-long Initial Coin Offering (ICO), which ended successful June 2018, raised a grounds $4.1 billion and inactive stands contiguous arsenic the highest ICO rise successful history.
With that, expectations were high, but a bid of disasters, including claims of falsely overstated speed, the Delegated Proof-of-Stake (DPoS) mechanics being highly centralized, and the resignation of CTO Dan Larimer, turned investors off.
Currently, EOS is down 96% from its all-time precocious of $22.71, achieved successful April 2018. Back then, EOS was a top 5 token competing with the likes of Ethereum and Cardano.
EOS CEO Yves La Rose acknowledged the difficulties successful a caller tweet. But turned this astir by referring to a comeback and the emergence of “The New EOS.”
The #EOS assemblage has been done a lot, but they’ve shown large resiliency.
Other than Bitcoin, has immoderate blockchain shown itself to beryllium arsenic resilient arsenic $EOS?
After we propulsion disconnected the comeback, everyone volition beryllium talking astir The New $EOS…and arsenic much than conscionable a unfortunate @hosseeb https://t.co/1gMWOm28Bh
— Yves La Rose (@BigBeardSamurai) June 24, 2022
EOS has respective projects successful development, including the Recovery+ initiative, which refers to a formalized hacking effect process for a safer, much reliable network, the motorboat of Pomelo Season 3 NFTs, and the rollout of Co2Zero c trading DEX.
However, it remains to beryllium seen if La Rose and the EOS devs tin re-ignite involvement successful the project.
Was the Ethereum co-founder joking?
In effect to Buterin’s tweet astir “Ethereum On Speed,” Input Output CEO Charles Hoskinson replied by asking if helium was okay.
V, you OK? https://t.co/vbW9gNjcHo
— Charles Hoskinson (@IOHK_Charles) June 27, 2022
Crypto YouTuber Jungle Inc chimed successful by saying Buterin’s behaviour has been “odd lately,” earlier ending the connection by expressing disorder implicit the tweet.
Vitalik has been acting precise unusual lately. Not definite what’s up with that.
— Jungle Inc 
Steady Lads #MMG (@jungleincxrp) June 27, 2022
In a station dated June 24, @songadayman commented connected Buterin’s utopian goals for nine and said his criticisms “of what eth has become” are mislaid connected astir people.
The information that Vitalik is conscionable arsenic captious of what eth has go arsenic astir crypto-critics is mislaid connected astir crypto critics. https://t.co/T72o76sYKB
— Jonathan Mann (@songadaymann) June 24, 2022
Buterin had antecedently commented connected a tendency to marque the satellite much similar “Yudkowskian dath ilan,” a fictional parallel Earth successful which the affluent springiness wealth successful enactment of “public goods,” alternatively than walk it connected frivolous “zero sum crap.”
Replying to @songadaymann, Buterin gave penetration into his reasoning by saying his criticisms of crypto travel astir arsenic helium expects much from the industry.
At slightest with crypto we person *some* gathering blocks to support our autonomy and effort to physique state-independent institutions.
And non-crypto billionaires discarded immense piles of wealth connected yachts too. I knock crypto due to the fact that I clasp it to a higher standard.
— vitalik.eth (@VitalikButerin) June 24, 2022
One could reason that helium besides expects much of Ethereum.
The station Confusion reigns arsenic Vitalik Buterin praises EOS portion slamming Ethereum appeared archetypal connected CryptoSlate.
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