EOSForce Community Q&A | Cyborg

Foreword

Note: credit of the original compilationgoes to eosou.io volunteer Boming Su.
Translation provided by EOSForce Core Team JC Zhang

Straight Words on BOS

However, the biggest risk of BOS is that it does away with the EOSIO’s concensus mechanism, in order to reduce the confirmation time to the Last Irreversible Block. EOS EMLG and EOSForce could both do this. The reason why we have not done so [at EOSForce] is that the visit traffic between nodes will climb up immediately and cause the cost of nodes to rise. So BOS’ concensus mechanism would actually cause the cost of nodes on their network to increase, even higher than EOS EMLG.

At the same time, the issues of 1-token-30-vote model that plague the EOS community and the zero-voter incentive model carry huge risks for BOS as well. The codes of BOS give off an impression that they were in a rush, and many EOSIO codes were just copied and pasted line by line.

As for their token distribution/ICO model, I personally agree with the arguments presented by the founder of EOS Laomao, Laomao himself, in his personal Wechat official account (for platform restrictions we are not posting its link directly in this article).

Right now Brendan Bloomer is pushing 1-token-1-vote and voter incentive models, but the gaining support among communities is difficult. The current Block Producers have 3 categories: 1. exchanges that use idle tokens to vote for themselves; 2. BPs that are voted by the exchanges; 3. the last category is those that are elected purely through community voters. However, the 3rd category forms a very weak voice in the ecosystem. Without consent from one of these groups, Brendan Blumer would have a hard time pushing a change in the constitution. Moreover, I have talked with BPs from EOS, and they’ve told me that the current issue is not necessarily on the 1-token-30-vote or the voter dividend, but on the resource model.

Where’s EOSIO Tech in the Overall Market?

When it comes to 3rd generation blockchains, EOSIO is still better than other blockchains. But the 1-token-30-vote has spoiled the good vibe of the ecosystem and turned it into exchange BPs and whale BPs playground, and the resource models on EOSIO have been problematic too.

Take REX and the Byzantine fault tolerance update for example. These updates go beyond the ability of regular teams. For EOSForce, they’d still take us a big chunk of a year to make such updates. So except for the Block.One team and our team, many developers now might resort to TRX. But actually experienced developers know that TRX’s resource model is even more unfriendly to develoepers, certainly worse than EOS. Seeing this challenge on the developer side, if the EOS DAPP development stories told on social media are true, EOS token price would have gone to the moon long ago. So that’s why we say that the current gambling and small game dapps on EOS are not solutions to the problem. Solutions exist outside the box.

Once Again about Resource Models

The deterioarating state of gambling dapps

But actually, TRON’s resource model is the same as EOS. It’s in fact similar to EOS overall except for the virtual machine. But its resource model is inferior to EOS, and developer cost is high than on EOS. Its sole advantage is its intermittent price increases with whale pumping the price. This has led to rise of gambling dapp on TRON. The delusion this creates is that people think the ecosystem of TRON has gone up, and so TRX price has gone up. These two are actually not correlated.

One more point on this, the platform loyalty of developers on TRON is actually very low. Developers on EOS for example, when the liquidity of their EOS DAPPs drops, they move to TRON. This kind of incentive is unsustainable. Developer teams themselves are not that wealthy, so after a pump and dump, they can only resort to high-liquidity areas. Ontology for example does exactly that — moving from chain to chain for short-term liquidity. For real application developers, if your blockchain does not have good experience, everything would not go long-term. Just like earlier RAM speculations. Do people still do speculation on RAM prices?

Our view on building developer community

Status quo of blockchain developers

However, International developers from non-Chinese regions do not care about political correctness. They come for solving problems. The reason why our international communities have grown is that many users, developers, and BPs have noticed and join the EOSForce ecosystem.

Our focus on the international community

A good quality of international developers is that they want to solve problems. They put long-term problem solving before short-term profitability. That’s why our main focus in on the international community. Just now I said that the Minimum Guarantee Provision of BOS is actually a good feature. I’m not sure if they have finished the coding, but we also have an equivalent provision on EOSForce. We give 8kb of RAM to each account. We see many of the advanced features that more and more mainnets on EOS have the same fundamental logic. Our advantage is we have finished coding this.

In addition, Chinese EOS DAPP developer communities are no long that aggressive in many aspects. This is typical of Chinese-based groups even though the Chinese-based blockchain projects themselves are still leading in the industry. That’s why our international focus has brought activity to our global presence.

About 1-Click Blockchain Launch

In the weekly reports we published earlier, we have announced the development of ForceIO, and we have announced our multi crosschain network. Soon we will put forward that any DAPP developer team will be able to use the ForceIO program to launch a blockchain. It can be a public blockchain similar to EOSForce or EMLG, or an enterprise blockchain. The program is catered for all resource models and governance models.

So from now on it will be easy to launch a blockchain for average users. Launching a public blockchains like BOS will no longer be an inhibiting threshold. People can launch a blockchian just like they launch an ERC-20 contract on Ethereum. Only when launching blockchains becomes accessible for developers will we see the significant applications being developed on blockchain.

The logic behind this is: when launching public blockchains is 1 click away for everybody, speculations on public blockchains should go away, so what people do next is settle down and build useful applications. The future of the blockchain industry will be packed with new public blockchains.

Early this year we said that we will support BCH. The reason we planned it was that some services work better with Proof-of-Work. So with our resources, we will aim for 1-click POW network launch service in Q2 or Q3 2019 too.

Which blockchains does 1-Click Launch support?

Interblockchain communications have several popular solutions. We have two stages of development. The first one is EOSForce-homogeneous blockchains. That is, the nodes in these blockchains install the same plugin and establish trust and security between them. This is suitable for homogeneous blockchains, but the disadvantage is installing the same plugin could encounter resistance.

A Million Dollar Solution

The simplest example application is when you play a dapp game, if you are playing an EOSForce mainnet game on EOS EMLG, you need to sell your EOS and buy EOSC and then play the game. You might make a lot of EOSC on the game, but if the EOSC price plummets, the EOS you exchange back might not cover what you made in the game. If we play the game through an interblockchain network with powered with crosschains, you stake your EOS on the relaychain to EOSC — this is equivalent to effect of staking it on EOS mainnet — you get the equivalent of 10 EOSC to play on the dapp. It uses the EOS you staked. When you exit the game, you can unstake your EOS and retrieve the EOS you earned in the game.

Great User Experience

Relaychain 100% Community Mining — No 1:1 Airdrop

Tokeneconomics in the IBC Network

Why 1:1 airdrop premine is bad

Where EOSForce Stands in the IBC Field?

Earlier I explained the token mapping process. It is launched on EOSForce Mainnet and settled on the sidechain. The EOSForce Mainnet blockchain is where the settlement takes place although developers can choose to run transaction settlements elsewhere. The rationale is to only run computation and smart contracts on the sidechain due to resource limits. The relaychain is the bridge between sidechains and the EOSForce Mainnet blockchain.

The Historic Burden of EOSForce

The opposition to the EOSForce Mainnet early on was that people thought we would divert value from the EOS. Similar to ETC, even though they have done close to nothing, their price would rise. It’s diverted value from Ethereum and from Bitcoin. However, EOSForce started at a negative score, so all we are doing right now is to bring up the negative score.

BOS vs EOSForce

So we continue to upgrade. That’s why we do not spend as much resources on publicity. Publicity is for the useless gambing dapps. We want to focus on developer experience. We do not aim to attract enterprise dapp developer teams. We start with global medium-to-small developer communities.

Next up we are focusing on developer tutorials in English and Chinese. Developers do not care much about meetups and publicity conferences. They develop much more interesting stuff on their own than the gambling dapps given the right resources. We will provide those resources.

Comments on other developer teams

Another team that’s very strong is BSC, the team behind Craig Wright. Their proposals are good and their development capability is find, and they ave POW miners support. Others include Cardano and Polkadot. They are strong in terms of development, but they are very slow. The rate at which they update their codes is inadequte to the amount of money they raised if this comparison makes sense.

Demand for Enterprise Blockchains

On Token Price

From another perspective, the reason why people believe in Bitcoin is its decentralized nature. Even if the core team shuts down, the blockchain will still run. On the other hand, centralization would result in direct obliviation of the blockchain if the core team goes bankrupt.

Decentralization on EOSForce

I think what our focus should be next is learning from the communties whose developer atmosphere is epecially great and what kind of applications they want to do and how we can attract these develoeprs. Then we make improvement on our blockchain. Even though EOSForce development force is in good shape, but issues on governance cannot be solved on our own. We need community effort.

Blockchain growth & market condition

Many speculators came in EOSForce at the times of market hype and bought the token at a very high price. I don’t think this is what a rational investor should do. With the current market condition, as more speculators leave, the community is starting to discuss things from an economic viewpoint and not for pure self interest.

The current issues of the blockchain indsutry are not faced by EOSForce alone. BPs on EOS EMLG do not make a profit these days from the reward nor from developing dapps. The same goes for BCH. Good applications should not have to rely on token price to prosper. They rely on the performance and accessibility of the blockchain.

For example, a question is if Bitcoin does not have 3Mb in its blockchain, could it grow? Is it still depending on the 3M/block? If it were not for the revolutionary fundamentals in the whitepaper, it would not have grown until today. Blockchains with centralized token price manipulation have died in masses. EOSForce will not repeat the same mistake. The current token price warm up is totally due to the community. If we were controlling the price, I would not be chatting with you guys here.

What can EOSForce ecosystem members do?

Blockchain has not just been in existence for 1 or 2 years. It will be influential to industries for decades or even centuries to come. Currently if we only care about self-interest, we only hurt the existing users. We have a shortage of new users right now. Even the top three exchanges only have a fraction of the users they did. We must get rid of the short-term token holder speculative mindset.

EOSForce, as the first fork or sidechain on EOS, price estimates would definitely be more promising than others. We will continuously iterate responding to new demands. We will also cooperate with the commuity and international BPs. We also thank our partner MathWallet and our Korean communities.

I think that’s enough for today. Our plans for 2019 are way more dense and ambitious than the previous year. If you have any question, contact with us or with BPs, in Kaokao Talk or Telegram.

Contact EOSForce

EOSForce blockchain explorer: https://explorer.eosforce.io/#/en

Wallets
https://github.com/eosforce/wallet-desktop

  • EOSC token is distributed in accordance with the EOS genesis mapping. You can activate your EOSForce genesis account here.
    Scatter 10 has minor compatibility issues with EOSForce blockchain. Join the Telegram Channel here: https://t.me/Scatter. Visit the Scatter website at: https://get-scatter.com/

Exchanges
Bitforex | Akdex.io

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