Welcome to Inside EOSIO, a collection of interviews with some of the most well known and respected personalities working within the EOSIO ecosystem.
In order to attempt to bridge the gap between the East and the West of the EOS ecosystem, we conducted several interviews with some of the Asian Block Producers. Here is the first in the series, with BP Lambda.
Please introduce yourself and your project.
We work with distributed storage and blockchain games. The best blockchain game we participate in is NeoWorld: https://www.neoworld.io
Do you have experience in crypto? Which chains? How did you come to EOS?
In 17 years, I’ve learnt about cryptocurrency, and of course BTC. At that time, EOS was very popular when it launched the ICO. Early in the EOS ICO, we applied for a BP when the mainnet was launched.
What is the general sentiment about EOSIO in Asia? What are the biggest concerns/risks?
Many of the early EOS investors are from Asia, mainly from China and South Korea. Of course, early on, they were very optimistic about the development of EOS. Now it has been almost three years, DAPPs have not developed very well, and many early investors have lost confidence. I think this is the biggest risk for EOS.
We are all supporters of EOSIO. We also all benefit from the health of the overall ecosystem. However, it seems that there is a clear gap between the Eastern and the Western communities. One of the reasons might be technological: Twitter and Telegram, which are extremely popular platforms among the EOSIO Western community are blocked in China. And Wechat that is highly popular in China isn’t widely available in the West. Cultural differences might also come into play. What other reasons you can think of that create this gap and how do we bridge it?
I don’t think it’s because of the network issues. It’s not difficult for friends participating in cryptocurrencies to use telegram. The huge gap is because blockchain in Asia is developing very fast and there are many investors. The majority of the Western participants do not acknowledge the facts, and in addition, Asia has the best exchanges. I personally think that the exchanges helped EOS in the early stages, providing great liquidity to EOS and attracting more investors. Many communities don’t recognize this contribution. This gap requires the West to adjust their positioning in time and actively integrate into the Asian community, rather than attack it.
Do you operate more than one BP? Do you feel this practice hurts EOS? Why/why not?
I’m an EOS investor. We only run the EOS Lambda BP. Sock puppet BPs as mentioned in EOS New York’s proposal will seriously damage EOS.
Do you have any concerns with the recent moves of dapps to other chains?
Very concerning, the dApp migration will take away users, and the value of EOS will decrease without users. I observe that the recent migration is due to resources not being available. I’m very happy to see that block.one are actively working on solving this issue.
What are you most excited about in 2020 for EOS? Besides Voice?
The Neoworld project we are participating in, this is a real sandbox game company and I very much hope that 2020 will have a good cooperation with EOS.
Voice will require KYC and will initially only be launched in English-does this concern you?
Of course it matters, but we will participate in the Voice internal beta as soon as possible. We are very much looking forward to it.
What do you think about various governance proposals?
In the early days of the EOS blockchain we should not pay too much attention to governance, we should pay more attention to dApps, encourage developers, so we can onboard more users and appreciate more users holding EOS tokens.
Would you be in favor of implementing:
– Weighting votes by ownership in stake-time segregated stake pools
– Removing bpay
– If not in favor of any of the above proposals, give as detailed an explanation as possible why your lack of support is better for the long term health and success of EOS
I personally disagree that 1T1DV cannot solve the current problem. To solve the sock puppet account problem, we need to have enough dApps on EOS and users to actively put more tokens on chain. In addition, I personally think that the current exchanges are very helpful to EOS. Our friends in the EOS community must recognize these facts in time.
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