Recently EOSIO 2.1 RC was introduced. This is a new and improved tooling for developers with enhanced capabilities for private and public administrators.
The architecture and deployment options were clarified to users who had a few concerns in trying to understand EOSIO 2.1 RC after its official release.
Several Block Producers are already testing EOSIO 2.1 RC to check stability, reliability, and search for bugs and the lookout for other problems. Several have been discovered and subsequently fixed by Block.one.
The network is set to become more reliable, resilient and robust with little input from the EOS community.
There has been a recent proposal for a new resource model. They call it the EOS PowerUp Model, updated with feedback and now ready for the community to transition.
About 250+ individuals and 40+ Block Producer candidates contributed, making the PowerUp Model stronger and more aligned with users.
Raoul Pal, investment strategist states that it is true that it is never going to be a winner takes it all game when it comes to financial markets. Every blockchain type has its limitations and tradeoffs which in turn suits the complexity of the financial world.
He also expressed that the future is going to be a network of blockchains with the most pristine being bitcoin and the risk curve moves out from there. Any other outcome accruing to one winner is nothing but false hopes and dreams.
He also stated that Money and collateral is just the base layer. Everything builds on top. The store of value is collateral, the trust layer and exchange of value is bigger
EOSIO FUD and Optimism
Fear, Uncertainty and Doubt is there in every blockchain. Some users in the EOS express their FUD by stating Governance is silly and beyond laborious.
In response to such FUD, believers reinstate that Block One are using their advantage to plan and build serious products instead of short term pump plays, meaningless partnerships and shills. Many of them who are bullish about EOS are confident that developers are doing their work, but the results are not visible.
EOS users opine that Bitcoin is not solving what it set out to do which is to protect the value held by the people from the government in the form of undue taxes. Some of them believe that EOS is one of the ways of getting closer to this problem.
EOS provides a high performance decentralized layer 2 scaling solution for Bitcoin. Considering, the UX performance and cost some of the users feel that EOS is the obvious destination for DeFi. With the Bitfinex liquidity and pNetworkDeFi cross-chain tokenization users are able to imagine a new kind of DeFi experience where the user comes first, not the protocol.
