Thanks to roelandp setting up a periscope stream on his phone I could pick up snippets of the presentation today. Unfortunately I only got snippets and I think I missed most of it, but here is what I could pick up.
No info yet on token distribution, updates will happen through the mailinglist at eos.io.
As has been leaked on the telegram group, eos will be a next step in graphene technology adding parallel threads or processing as it were. Where applications have to be written around messages and every block can do multiple actions instead of the just one currently. Applications can communicate rapidly with others in the same blockchain, but also with other chains through sidechains which will have higher latency (40 seconds for confirmation finality)
The vision seems to be for multiple eos-chains (even private ones) to be able to coexist and communicate with each other, further enhancing the throughput and bandwidth.
There will be a slight overhead because of the vm, making it initially a little slower compared to single threaded applications like steem and bitshares, but because of the options to run multiple parallel threads and because of the multiple operations for messages per block that can be mitigated quite a bit.
I also think I heard Dan mention that nodes can pick and choose which messages to focus on, like an exchange not having to process socialmedia transactions, although all apps can still interact with each other.
EOS economic model is similar to steem, where initially revenue will be generated through 5% inflation of tokens, which can be changed and distributed in a still to decide manner by the token holders. (Although the 5% inflation can only be lowered not raised)
Eventhough quite a few big names are involved in the project already, everybody will have to buy in to the tokens in the same way. (Which I guess means no pre-allocation like with ethereum and ripple). Big names already involved in the project besides the ones already known, seem to be Bo Shen, Yunbi, bitfinex and some others I can't remember.
For now that's about all I can remember or was able to glean from my mostly broken connection to the periscope stream.
Hope this helps, have nice day.
PS
Oh almost forgot. Dan did mention that he thinks bitshares should do some changes to match more with the concepts in eos. For example he thinks that users should be taxed less for interactions, like not having to pay fees to register changes on the blockchain and only asking a fee for executed orders not for just placing and cancelling them.
Still I think this is not immediately bad news for bitshares, but I do think the community should take action to claim their piece of the eos pie. Pretty damn sure that the exchange thing will be a big target for quite a few people.
I got the impression that if this eos-thing works it is going to make big waves and I do feel that ethereum is screwed. Or to speak in Tron terms: Ethereum program is about to be derezzed, end of line.
Topic: Dan's Next Project - EOS Rears its Head (Read 73069 times)
