A big "hello" to all my friends old and new on Steemit. I am happy to report that all is well but that I have just taken a few days off from writing so that I could do some research and then share what I have discovered with you.
Most of you don't know me as someone who is versed in the crypto-coin world because I have never blogged about my love for it, before.
I don't want to mislead you. Or, make myself out to be more accomplished in economics or financial investing than I really am.
(This is a copy of an EOS performance chart directly from the website https://coinmarketcap.com/assets/eos/ )
In reality, I'm just a Lady, who happens to think that our current fiat systems and our current governing systems are severely "broken". I also think that the only way we can fix what is broken or what is obviously not serving the majority of the people's best interests on this planet, is to switch to an entirely different way of doing things, altogether. Then, I think we (as a population) need to fully adopt these new more efficient and compassionate systems so that our world can be a more nurturing place for all its inhabitants, to live.
MY STRATEGY
When it comes to managing financial resources, I am secretly, really into vehicles that can provide a safe haven for both wealth growth and storage of wealth over time.
Both physical silver and crypto-coins fit this bill (of being just these types of vehicles) nicely.
I will also admit to having some skill at recognizing a good thing when I see it and routinely will take action to bring an acknowledged "good thing" into my life, as soon as I can.
This is why I didn't miss a beat the day I found out about the Steemit opportunity a year ago. It's also why I have stuck with Steemit and never looked back. It was and is an incredible lifestyle opportunity, in my books.
What's New
Recently, I have discovered a new blockchain complete with token, called EOS. I have been reading everything "constructive" that I can about this relatively new, very powerful infrastructure for decentralized applications.
EOS was and is being designed by Dan Larimer. He brings solid, "proven" blockchain engineering experience to the 35+ person, highly skilled, EOS development team. Dan was named the Chief Technology Officer of Block One which is the blockchain start-up that owns and runs EOS. In just 5 days after the launch of the EOS token, Block One announced that it had raised $185 million USD. This broke a previous ICO record that was held by Bancor when they were able to raise $150 million USD, with their launch. This confirms (to me) that Block One is heavily supported by influential backers in the crypto-currency industry and it's got some muscle behind it.
It's All HISTORY
Let's not forget that Dan Larimer has already developed 1 fully functioning blockchain called Bitshares. He has also designed Steemit which is a very successful decentralized social media platform, currently being used successfully by over 250,000 people. It will comes as no surprise to you, that Dan built the Steemit platform to operate on Bitshares' strong financial blockchain technology. The development of Steemit was just a natural progression of his life's work. Building strong blockchain applications on effective foundations (like Bitshares) that could and would equally support next generation blockchain platforms, going forward.
Both Bitshares and Steemit are up and running smoothly without any major operating issues and have been doing so for quite some time. In my opinion, this validates Dan Larimer's track record and proves that he can deliver the goods when it comes to back-end blockchain engineering.
Bitshares and Steemit, which although don't rank in the top 1st and 2nd place of all cryptocurrencies in terms of market cap, do run in first and second place in terms of the volume of transactions they are handling in a day. Both are handling over 650,000 transactions a day and have proven that they can easily handle this volume without being bogged down or crashing. In my eyes, this proves Dan's professional strength and that he knows what he is doing. He can identify what works in blockchain technology and what doesn't. He builds blockchain solutions that simply work efficiently and this is due to his vast experience.
In terms of EOS, Dan is designing this platform to deliver on what other blockchains (like Ethereum) promise to do, but allegedly, haven't or can't.
This means that Dan is building the EOS blockchain to make it seamless for smart contract application developers to build their apps using the EOS blockchain. The application developers will not have to ask permission to use EOS as part of their applications, and this removes the onerous task for them of having to build a blockchain themselves from the ground up.
Program developers will not have to "re-invent the blockchain wheel", so to speak.
Dan is positioning EOS to be a hosting environment for any decentralized application.
What Sets EOS Apart
The key features of the EOS blockchain is that it is:
- easy to use (people won't even know that they are using blockchain technology, just like Steemit);
- fast and will be able to handle transactions in 3 seconds as opposed to hours;
- free and it will not "nickel and dime" its users and charge fees to use the platform;
- architecturally different than Ethereum (for example) and can accommodate multiple applications which can all run parallel to each other, at the same time;
- a tool that will take the role of dispute resolution out of the hands of centralized governments while it provides a solution for dispute resolution that is international.
EOS is being designed as a system that will make governments irrelevant. This fits with one of Dan Larimer's main goals of creating free market solutions that secure liberty, life and property on this planet.
Just like Steemit, Bitshares and physical silver! (This is an authentic Max Keiser silver coin, in case any of you silver bugs, recognize it.)
Credit for this information about EOS is given to both 
Jeff interviewed Dan. Then, Jeff wrote a post and shared his interview via a YouTube video, on his channel.
https://steemit.com/steem/@jeffberwick/steem-co-founder-dan-larimer-on-why-he-left-steem-and-his-new-potential-ethereum-killer-cryptocurrency-eos
Today I Learned
What I have written is what I have learned from the interview today and what I thought was important to share with you, after I digested and gave some thought to it.
In my humble opinion, I think EOS will do for the blockchain evolution what Microsoft has done with windows for the personal computer evolution.
Except, I think the potential that EOS has is even a BIGGER game changer.
I remember the leap we made in technology when we went from having to write code in DOS in order to even use a computer. I see this leap as exactly the same thing, only bigger. For this reason alone, I want to buy as much of this token as I can. Especially, when it's such a phenomenal value at under $2.
At the very least, I would encourage anyone who is the least bit interested in EOS to look into it, further.
I think it is a very good thing and I have no issue backing a proven winner like Dan Larimer and any team of people who he chooses to work with.
I welcome your comments and invite you to follow me on my journey.
~ Rebecca Ryan