EOS is just crazy, like really crazy. I started buying EOS every single day a few weeks ago. Every single day I buy EOS. If I get any free money, I just take out a certain % to buy EOS until I meet my target.
So why EOS
first of all, you need to who's behind this project and that is no other person than the man behind the success of steemit (successful decentralized social network with block transaction speed of 3 secs at no cost).
He also is the brain behind BITSHARES, a decentralized cryptocurrency exchange with referral bonuses. I actually started using bitshares last year and paid for a lifetime account. click here to register on bitshares.
I've been able to get some vesting shares twice and this is the next one, the 223.1848 bitshares will be available when available coins to claim hits 100%.
So what is this EOS?
EOS. Is the next big project by Dan. EOS is considered to be so many things, some people call it is Blockchain 2.0 some say its 3.0, some say EOS will Ethereum etc but I choose to call EOS BLOCKCHAIN CRAZY.
One of the many things that EOS will be bringing to the crypto space is a decentralized cloud storage that cost a huge amount of zero fees $0.00. yea it cost nothing to use it. All you need is just to hold some amount of tokens.
It functions just like steemit, the only reason why you can make a post on Steemit and carry out transactions for free is because you have some STEEM locked up in steem Power.
Before now, we had companies that offered cloud storage at some certain price.now with EOS and some other decentralized cloud storage, those companies are about to get serious competition.
Centralized companies offering cloud storage
1. Google cloud storage:
Google cloud storage is an online cloud storage owned by Google, Launched in 2010 and has several price range.
Price: Not free, check here for prices
2. Amazon Drive:
this is another type of centralized cloud storage formerly known as cloud drive. It is managed by Amazon and was launched in 2011.
Price: Not free check prices here
Decentralized cloud storage services before EOS
1. SIA:
This is an open source Blockchain based decentralized cloud storage that was created in 2015 by David Vorick and Luke Champine of Nebulous Inc. With SIA, anyone can monetize by renting out their hard drive space.
this project had no ico but managed to raise $1.25 million in total funding from investors.
Sia is not free to use and it's better than Google and Amazon because its decentralized and anyone can make money by renting out free disk spaces.
2. Storj:
Storj is a decentralized end to end decentralized cloud storage that cannot be monitored or censored.
Storj was built in a way that it will have no downtime and files stored on storj network are shredded and stored in different computers globally, making it impossible for a third party to access the data.
3. MaidSafe:
With MaidSafe, you can rent our your computer spaces, processing power and data connection and get rewarded.
4. Filecoin:
Launched in 2014, built by the Venture-backed protocol labs, file coin enables users to monetize their unused space on a Blockchain based market place.
EOS cloud storage
EOS has a lot to offer and decentralized cloud storage is one them. The big selling point for this decentralized cloud storage by EOS is the zero fee.
Not only will hosting be free on EOS, redundancy will be minimal because your locked up coins is your guarantee (easiest way I can explain it).
EOS uses IPFS for its architecture, it uses a long harsh with a file name, making it possible to have a readable address.
so as long as you have some tokens locked up, you will be able to use EOS storage for $0.00
if you have spare 14 minutes,just take out time to wasth the video below:
I believe in EOS and I can't wait for this to become a reality.
How to get EOS
You can get EOS from binance or from the ICO
Do well to make your research before buying cryptocurrency or ico.
STEEM ON
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