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What is EOS in a Nutshell

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0:23 Key concept behind EOS 0:44 What is a Decentralized App (Dapp) 1:41 Steemit - the decentralized social network 4:19 EOS white paper 4:25 EOS ICO - 1 year? EOS Steemit: https://steemit.com/@eosio EOS Technical paper: https://steemit.com/eos/@eosio/eos-io-technical-white-paper EOS ICO guide: https://steemit.com/eos/@trogdor/the-eos-ico-for-dummies Save on Amazon with Purse.io https://purse.io/?_r=Fxj40g Exchanges: CoinBase: https://www.coinbase.com/join/590c3a1c8bfa31012ffacf87 Poloniex: https://poloniex.com Wallets: Windows: http://exodus.io USB wallet: https://www.ledgerwallet.com/r/428b ♨️Social: http://boxmining.com Steemit: https://steemit.com/@boxmining Twitter: https://twitter.com/boxmining Facebook: https://www.facebook.com/boxmining Want the Best Drone, Check out DJI Mavic http://click.dji.com/AIPMTPEy03osB5S4MM8?pm=custom
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Text Comments (325)
Richard Downing (2 days ago)
To all EOS fans: If you're a big fan of EOS, please upvote my answer to "What's the most likely investment to multiply by 100x in 2018?" http://qr.ae/TUpHoh
Roscoe van der Boom (3 days ago)
I am not a coder...just a pleb...please correct me if the following is way off base.... cryptocurrecies are bullshit (as they are now). just a game for coders that leaves the rest of the world behind. ( like politicians creating policies the no one understands ) if we are gonna create a new “currency”, it should be based on things that have actual value ( and exist ) ie. natural resources, education, community participation and man made products. As things stand now, you have to mine cryptocurrencies to create anything. How do you do that? With a computer or mobile device. Better device means more currency = rich people and corporations or the people who create the system will always have a major head start on everyone else. There are already malicious attacks through web pages and other apps to use your device to mine currency for someone else. blockchain is amazing but the focus on cryptocurrency is distracting everyone from the most powerful uses like government management, financial aid to charities and NGOs, health care and personal identity management. If we can start by using blockchain technology to create more equality in society instead of just focussing on “Money”, the rest of the system will manifest naturally and organically. Also....more computers and devices means more power....which is the opposite of where society should be going. Shouldn’t we be minimizing our use of resources? Reducing our effect on the planet? Remember.......Global Warming......
Jin Literatus (13 days ago)
bch pls.. and what are your thoughts on SciDex? been keeping an eye on them
Dom Rol (21 days ago)
what's your take on NPXS pundix?
Nick M (24 days ago)
Mikes videos have always been great but it’s really glaring how much his screen presence and delivery have improved in the last year
Yasam Farooq (25 days ago)
Harry Briggs (28 days ago)
Of all the exchanges I think this is among the best. I judge by trading conditions and facts. The more I trade on HitBTC, the more skills and abilities I get, well, such experience is always invaluable. The speed of transactions is just super.
Somaro Jamie (1 month ago)
Did you try out https://www.reddit.com/r/eos/comments/8hx6ch/space_invaders_on_eos_blockchain_with_500ms/
Supremax67 (1 month ago)
0.5 second latency for a BFT is not an acceptable delay. MMO requires less than .3 second latency.
MedicCoin (1 month ago)
EOS is on a tear recently
Hugo Stiglitz (1 month ago)
My dog is caller Eos. I don't understand him either!
riseuplight (1 month ago)
None of this matters if the tradable asset has no value
kris u (1 month ago)
HPB is better ..Only 100mil current market cap and very low circulating supply
мне нравиться
Persреctive Telegrаm channеl whеrе AIRDRОРS are publishеd еvеry dау; [email protected]_yes++ AIRDROP - frее distributi0n оf tokеns tо everуone from differеnt ICOO. Giving onlу 2-4 minuТes рer daу on registrаtion in differеnt АIRDROР it is рossible tо еarn 100-300 d0llаrs per daу
Lennard Goedknegt (17 days ago)
Василя Сахранова I heard of this group on Facebook called: “Crypto ICO Pools”. The group currently has 1500 members. If you’re interested in ICO investing, have a look: https://www.facebook.com/groups/360695934310174/about/
John V (2 months ago)
Can you please do video Neo vs Stella vs Cardano VS Eos Platform Differences?
shar53 (2 months ago)
No fees!!! Larimer is a genius!
Robert S (2 months ago)
is EOS really better than ETH?
Emilis G. (2 months ago)
This dude is MKBHD of cryptos
Kryzteen Trasona (2 months ago)
EOS has been featured in the DASH Market Competition, this is your chance to get it paired with DASH. Support your coin by voting now, voting ends in 11 days. Vote here:https://www.cryptaldash.com/dash-market
Vicente Fialho (3 months ago)
Dammit Jing Yang
Fahim Shake (3 months ago)
I have watched few ESO videos and u have done the best to explain what EOS is. Thank you.
Kurt Brown (3 months ago)
You would think after heavily researching this coin, he would have discovered how it is actually pronounced.
Dumitru Bordea (3 months ago)
I would appreciate if someone uses below link. To sign up for the Aelf candy program where you receive Free Aelf up to 1000 a day! https://candy.aelf.io/account/register?invitationCode=0Y0R5C876K25
Gold Banking Specialist (3 months ago)
CryptoCashReady ! (3 months ago)
Ok thank you for making this particular video. I have been hearing about EOS but never really took the time to research it. I am just starting to get my feet wet now with it. Your video provides a nice entry point for getting the overall picture. I will continue my research from here. Thanks again!😎 #eos #ethereum #eth #ethereumkiller
lemi (4 months ago)
Hi boxmining! i've been observing the token distribution of EOS for some time, and by hour 23 you find that the amount of ETH donated is often around 4000-6000, yet the moment it reaches 23 hours and that day's donation account closes it magically jumps to around 20,000 ETH. is the EOS team adding that ETH? this has confused me.
myutlog (4 months ago)
EOS is really to kill Ethereum. See more in https://t.me/AgileTrading
Aykut (4 months ago)
1:16 Smart trantract 😛
Maurice 303 (4 months ago)
I just purchased some EOS coins a few days ago and was told, I needed register the coins. Is that still case? Everything I have come across are back from December 2017 or older.
Bas van der Lans (4 months ago)
Thanks for your amazing work for the crypto community @Boxmining! Do you know how many people work at the EOS project? Can't find any information about this. BR, Seb
Nikita Tan (4 months ago)
I want to provide the project which analogs in the market just are not present. TokenGo is a project on business tokenization, here you can tear the ico and create the cryptocurrency! For investors a discount on Presale of 50%. The road card locates to fast growth. Join!
Julio Flores-Jeffel (4 months ago)
Question on registering my EOS coins bought from Binance. Why do i have to register them? Also, I went to the eos.io site and clicked on the GET EOS link; but it is grayed out and there is a message that reads. "US-IP detected, participation not allowed". So 1. Do I really need to register my EOS coins I bought from Binance. 2. If yes, how do I that?
BtotheDtotheF (4 months ago)
EOS = not a cryptodick, that's for sure man.
cryptoworldnews247 2018 (4 months ago)
can you do an ebtc update please
Svogflam (4 months ago)
raul chavez (4 months ago)
Right now EOS is an ethereum based ERC-20 token during their crowd sale. On june first they will take a snapshot of the ethereum address these tokens are stored in and reward each token holder with equal amounts of the EOS coins that are based on the EOS blockchain. After this the Ethereum based tokens will be worthless! so yes you have to register or possibly lose your money, but it is not hard to do just make sure it is secure. EOS is going to give you amazing returns IF Dan Larimer and his team deliver on what is promised, but I think some people throwing predictions out there are a little hopeful. I predict the price could be $50 and over giving it a market cap of over 50 billion by August, provided that the EOS platform does not have any problems.  after that it can surely go above 100 to meet ethereums current market cap.  I believe they will succeed with this project based on his past track record with Bitshares, Graphene and Steem. If EOS performs at the speed it claims at the release in June, ethereum will most likely have no way to compete. instead of Gas there is a 5% inflation which could be "burned" or reintroduced to developers to make dapps on the eos network. EOS' platform is different than anything out there. DPOS is starting to prove that it is the best method of confirmation, due to no fees and free transactions, No wasted electricity in "mining" coins that amounts to hundreds of billions of lost value every year. As soon as the majority starts to realize this concept, i believe there will be a paradigm shift of people moving money out of other ethereum like coins and into EOS and other DPOS platforms. A lot of people are going to comment that NEO and Cardano, NEM, Lisk, stellar are better, but they haven't done their research! Picture the EOS vs Eth debate like a grocery store. ETH has one checkout line while EOS can open up many parallel checkout lines depending on demand. If something like Crypto kitties gets a lot of notariety and usage, the Ethereum based platform will bog down which is what we saw when crypto kitties came out. EOS will handle thousands of apps like this with no problem. You could host all of the credit card transactions worldwide on the EOS platform, but that's not accounting for any of the other use cases for EOS. It could truly change everything about the way we do business, settle disputes, and can infinitely scale as use cases arise. I will be glad to explain any of these points in further detail and share the knowledge i have attained in this market for the past several years in return for donations. If anyone feels generous enough to donate  litecoin, bitcoin, bitcoin cash, EOS, Eth, or any other Eth based ERC-20 Tokensplease donate to bitcoin:  1zk5aiWbhoLbntjVuC4SyHmEAhbHKGJR4   Litecoin:  LSoZEUGUuADANWXtSJMT4XcCh4PpKgFXtq   bitcoin cash:  1CKSvsvsmhJnN6Z4VADxTS2CWEGRmpv8nB   ETHEREUM:  0x74Cfa19c03eCCfD846aDaFC2Ac9A1a4E7a30069A
First Last (4 months ago)
Is eos just trying to get us to buy them Ethereum? "Step 1. Set you miner to any Ethereum pool of your choice. Step 2. Go to https://eos.io/ and convert your earned Ethereum to EOS using their token distribution web interface. Step 3. Smile... you got in early on this amazing opportunity : )"
Otto Knows (4 months ago)
To pluto and beyond
Sue W - Lane (4 months ago)
I believed that Bitshares and Steemit will use EOS blockchain.
달리는개구리 (5 months ago)
DAICO is an innovative fundraising model (suggested by the founder of Ethereum, Vitalik Buterin) that merges some of the benefits of Decentralized Autonomous Organizations (DAOs), aimed at upgrading and making the initial ICO concept more transparent and secure. The Abyss Token Sale is an advanced and improved DAICO model, allowing contributors to control the withdrawal of the funds, also providing an option to shut the project down and refund the contributed money in case the team fails to implement it, with Oracles (appointed industry leaders) acting as arbitrators. https://www.theabyss.com/invite/forhwa
Dau7hy (5 months ago)
How is EOS ICO still ongoing on while being listed on exchanges etc?!
miumerica (5 months ago)
I ended up here looking for lip balm man! I just wanted lip balm...😣
miumerica (5 months ago)
Boxmining Lol I stayed around some. But then I found the lip balm
Boxmining (5 months ago)
lol welcoem to crypto. pick up some lol
jewerly design group (5 months ago)
NEOGOLD IS BACK. You have been warned the time is now.
Fatal Fury (5 months ago)
I love eos thank god I'm holding it since early december
ComplaintDesk (5 months ago)
Tube-Bit ManChild (5 months ago)
LoopRing is the missing link!!!!!!
RIPxBlackHawk (5 months ago)
Where can I buy the ico?
Boxmining (5 months ago)
they go by a bid system. ICO price is pretty much the same as market price right now https://eos.io/
Nenad Skobic (5 months ago)
What do you think about QLink (QLC)
Supremax67 (5 months ago)
Dan Larimer from EOS didn't address the issue about transactions per second without compromises. Find me a video that he tackles this issue, and not a video saying that they can do it. Then I might actually believe in his product.
BORIS JEFFERSON (5 months ago)
EOS Telegram chat: https://t.me/EOSproject
Jason Kranz (5 months ago)
How will eos pay to maintain the network?
B. Alvn (5 months ago)
there is no fucking way this will be scalable. this is all smoke and mirrors. what, some kind of "EOS_Kitties" is going to crash this one too??? LOOOLLL .....nah.
B. Alvn (5 months ago)
if someone involved in Steemit is involved in this, I'm done. They can suck my left nut. I tried to sign up for Steemit's social network, and after demanding all manner of personal information from me (which i gave after being excited by a Medium post about it) they just left me completely hanging. I wonder how many people gave them personal information and how much the fucking sold it for, or what else they may have done with it. I have noticed my spam rise since then, for one thing. At least they could have told me why they were denying me, or given me a form letter or something. Those people are shady scumbags, so this is very likely some kind of scam too. Next....good thing there are 1000 more to choose from.
Koh UP (5 months ago)
Holy fuck!
Jon Rosado (6 months ago)
Where would you be able to buy EOS ICO??
S.V. Arul Shiju (6 months ago)
Will steemit merge with Eos? Can steemit survive if it gains the number of users equal to Facebook?
Viktron Vv (6 months ago)
Hey buddy, thanks for all the gr8 videos you make .. can you give some soft prediction on the price of EOS . in 3 months or 6 ?
Booyamakashi (6 months ago)
"Machine code"? Have you ever seen machine code before? And then solidity?
Steven Martin (6 months ago)
Mayweather (Dan Larimer - humble AF) vs Connor Mcgregor (Vitalik - all talk)
Steven Martin (5 months ago)
EOS is going to do what ethereum did for bitcoin. EOS is going to give the market 500ms liquidity as well as scalable apps for games, information (make users accountable and provide incentive to build quality channels) and aid in the developemnt of better financial instruments. I believe ether's killer app "ICO fundraising" is merely a feature of its own community or ecosystem. EOS developers will soon fundraise through EOS. I have no doubt that ethereum market cap will rise, however I do believe we shall see a paradigm shift in how we rely on allocating our investments based on 'network effects' because honestly how can one say bitcoin is the same ethereum when we don't even know what bitcoin is today??? Sorry Joseph Poon. Over due course every "ICO fundraising" mechanism will reflect the demand form developers and their own choice of investment vehicle e.g. the fuel EOS and/or ethereum. Disclousure: I have invested in DOT (polkadot) scaling solutions for the ethereum network, and EOS to compliment my 'if this then that' investment strategy. Other holdings are POWR, ETH, BAT & OMG.
Verma (5 months ago)
If EOS take over Ethereum in the future... Does this mean that all the other projects built on ethereum blockchain will fail...!
*100 % SCAM !!!!! LOL!!!!
Tipfeya (6 months ago)
Thanks for information I like EOS Concept. I bought IOTA and EOS at Binance ( https://goo.gl/jCBXrs). It's easy to use! Binance Review: https://goo.gl/EFkkQ5. Good luck!
Manuel Damm (6 months ago)
Urban Self Defense (6 months ago)
Nice video brother. Thank you so much!!!!
Trollimus Prime (6 months ago)
I still don't get it
Crypto Ninja (6 months ago)
Does anyone understand the EOS registering issue. If I keep my EOS on an exchange do I still need to register them before end of ICO, or is that only for people that want to keep them in an ETH wallet?
Crypto Ninja (6 months ago)
Thanks Drago, but what will happen if I keep it on the exchange after the ICO ends?
Crypto Ninja (6 months ago)
Thanks Drago, What would happen if I just kept in on the exchange and not register? I thought registering was only mandatory if you purchased them on EOS site etc. Once the ICO ends the exchanges will still sell the coin anyway, so I don't understand why I need to put in wallet. I only have a few coins.
Drago (6 months ago)
Crypto Ninja Move it off the exchange and into your wallet then you'll have to register your eos and if you buy more you'll have to register again to update it
Pavel Kostenko (6 months ago)
Please make video about Cardano/ADA
quinn drake (6 months ago)
https://ico.wcex.co/?ref=q7cB07T use my link and we both get 50 free wcxt token just signing up! https://www.tokenpay.com?rc=ZJ0GR token pay sign up under my link get 100% free tokens you buy free
Nina (6 months ago)
Um I was looking for EOS lip balm reviews...wrong place sorry
Jungle Hippie (23 days ago)
Nina me aaf
David Bermudez (1 month ago)
Nina Too bad you missed the EOS Ship
Fin O'Suilleabhain (5 months ago)
+ Ur Nanny ... No, he does get to the lip balm stuff just before the end.
Quorn News Network (5 months ago)
If you'd had stuck around and listened, you'd have earned enough money to buy lip balm for life, and probably put a deposit down on a house.
Twistr (6 months ago)
come back
Domega7 (6 months ago)
This video is only for intelligent people. So many haters.
multiTYRT (6 months ago)
Dude I couldn't help but notice, you look like Charlie Lee lol
Hassan Anon (6 months ago)
WHY I BELIEVE EOS IS THE NEW INTERNET: As you may already know, the internet consists of many Institutional routers and ISP services that are interconnected in many different ways. This physical layer of hardware is what really constitutes the most essential part of the internet, without it there would be no interconnection. Additional software layers are built on top of this hardware infrastructure to shape the data in such a way that we can effectively communicate using the hardware's potential. The hardware are basically just the laws of physics (the physical limitation and bandwidth potential), but the software is our use of those physics (efficient and secure or not so much). TCP/IP is the shared protocol that we all hear about and use every day for sharing files on the internet. UDP is what we use to share voice over ip, and other such real time streaming services. As users of the internet, we can really only participate as "end-users". We can only add hardware to the outer layer of the network; but we cannot invest at the network's core infrastructure which is controlled by all of the ISP's, and internet backbone moguls. For the first time ever, EOS is providing us with the opportunity to participate in the hardware infrastructure level of the internet. The most important and essential layer. We no longer have to be passengers of the internet rail road system, we can now become owners of the internet rail road system. Bitcoin allowed you to own your own bank by removing the middle man from the money transfer industry. EOS allows you to be your own ISP for the "internet of value" by giving you a share of the bandwidth of the network when you buy EOS. I can't imagine all of the possibilites that will be opened up to the small guys because of this new frontier. You now can own a seat at the table with the ISP moguls of old, and you now can be in control of network resources. Share your thoughts...
Marcin B (7 months ago)
EOS price looks extremally bullish http://eospricechart.com/. Where could be the price target in your opinion?
da troof 100 (7 months ago)
your mad ugly
Daumantas Šamanskas (7 months ago)
1:16 what, what? :D
J J (7 months ago)
Can you make a video about how to register your EOS tokens. I bought my tokens through shapeshift and not through the ico. Thanks
The Wolverine (6 months ago)
Jush 1 Transfer to mew or metamask and register your tokens with eos smart contract. Visit eos.io, choose register, make sure you're not a US citizen, select myetherwallet or metamask and follow the instructions.
Monte Kitchens (7 months ago)
Customer support..
Scott Thompson (7 months ago)
hey michael. can you update us on EOS... big moves recently.
Josko Sestan (7 months ago)
Hey brother, good work keeping us up with the play used you Genesis mining code here is mine if you could return the favour - 68pNby
roberto solano (8 months ago)
EOS = a company from the cayman island is collecting ETH for a useless Token what has nothing to do with the EOS project whatsoever ... the Company themselves are not starting the EOS system , because they are waiting for somebody who can do this and when the tokensale is over , then you can not sell the token anymore... a total scam for stupid investors.... and its very easy to understand this, because they have all this information on there webseite : https://eos.io/faq.html ... you have to read it only
Charles Foster (8 months ago)
EOS has made a turn upward today by 14 percent (9/27/17) to $.64 cents compared to $.56 cents yesterday. I went all in before EOS returns to $1.20 as it was 9/04/17 or even $4.19 as it was on 7/04/17. Now I have hope that I will soon be whole in my recent losses on NEO and OMG during the downturn. Today's trade volumn in EOS is 12 million dollars, double what it was the day before.
HWP_MEDIA (8 months ago)
How can I purchase the coin?
remusomega (9 months ago)
5x speed
Le LEVYATHAN (9 months ago)
I bought 3000 EOS in the last deep market, I think the price could reach between 100$ and 200$ per token
You explained shit.
Boxmining (9 months ago)
how can i do better? would love to hear what parts didn't go well and can be improved
Zycho (9 months ago)
very nice calm explanation. thnx
Rutar1 (9 months ago)
https://steemit.com/eos/@entity401/could-eos-be-the-biggest-crypto-on-earth-5-top-reasons-why its time to buy
TheCryptoN00b (10 months ago)
I bought 200 EOS, but how can I keep them safe in a wallet? Will the Ledger S hold EOS coin at this time?
Jose Diaz (10 months ago)
How can we buy it?
Sikander Mahomed (3 months ago)
Above (10 months ago)
Read the facts statement and full disclosure statement put out by "EOS", u r not guaranteed anything. Also EOS does not hav there own blockchain they run on the "Etherium" block chain. All red flags...
ANTSGTR (10 months ago)
Above agreed it was what put me off back when it was pennies. Altho looking at price today shud have bought a bomb and dumped it on plebs lol
COIN MONK (10 months ago)
Find answers of all your concerns
Don Crypto (10 months ago)
EOS is the future! That's what it is!
HashVibes (10 months ago)
EOS in a nutshell: another SCAM!
David Bermudez (1 month ago)
HashVibes Another one missed the EOS Ship bye bye
BORIS JEFFERSON (5 months ago)
Unlucky mate, you missed out on a good token.
Joemadel Alba (10 months ago)
@boxmining hi can you make a review regarding wcx (https://wcex.co) if this new exchange currency will be a big scam?
Crypto Freedom (10 months ago)
Can you buy EOS in the US? If so how and where do you buy it?
David Bermudez (1 month ago)
Crypto Freedom Binance but just make sure you’re ready to do your Crypto taxes next year
BORIS JEFFERSON (5 months ago)
242 098 (10 months ago)
If you can't explain it in one short sentence you don't understand it enough to explain it to the internet.
Win Theone (10 months ago)
What if I haven't got a ethrium account as a new comer how do I get tokens ??
Rubya Tanvir (10 months ago)
What will be price trend of EOS? Do you think 1 EOS can be worth $100,000 in next 10 years time?
rockethead555 (10 months ago)
What do you guys think about Bitconnect? . . How long will it last? 299 days is too long for a Hyip which is what it seems to be. Ive thrown the question several times and many get mad (people who already invested) other don't want to touch the topic . .so . . is there any takers here?
Andrew McGibbon (10 months ago)
You say EOS 34 times in this video - is that intentional NLP or just a style thing? In any case, just an observation - like analytics. I am more interested in looking up EOS now.
Carson Richter (11 months ago)
How much EOS do you have?

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