[Cryptography] Altcoin volume

[James A. Donald]

On 2017-10-02 15:02, iang wrote:
> Within that context, the EOS auction process (not ICO) was designed to 
> solve some issues experienced in the past - primarily to neuter the pump 
> & dump, and the recognition that some fair distribution over time is 
> required in order to build a community.  EOS auction process was also 
> heavily informed by what went wrong (and right) with Bitshares (not 
> enough money, pump & dump) and Steemit (too much concentration, pump & 
> dump).

But Steemit has an actual product, has working software, has large 
numbers of real users using that software.  EOS just has a white paper, 
an idea for a product, an idea for software, that may never be 
completed, that is not really specified in sufficient detail to know if 
it is possible to complete it.


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