theBigChups

@TelosUnlimited @HelloTelos @SnaxTeam I understand how it works. You run #Ethereum contracts on #Telos. However, these contracts do not live on Eth, in fact. You still need wrap a token to make it available on Ethereum natively, otherwise user will have to operate on Telos. Thx for the link anyway, I will join later.

@theBigChups @HelloTelos @SnaxTeam You can use Metamask on EVM, just need to select another network/custom RPC, if you are intrerested just join t.me/TelosEVM

We'd like to inform everyone that, sadly, we have to stop supporting Snax #blockchain in its current state. #EOS engine and its ecosystem are not progressing and we should review #Snax model to migrate it to #Ethereum or its sidechain.

@TheCircularCale @rektkid_ @SnaxTeam If @block_one_ having $2B would bothered to build IBC in 3 years as per their roadmap, you could send any #EOS token to anyone by user nickname in #Twitter, for example. That's what Snax is about - a trustless protocol, links accounts on public social platforms to a blockchain.

@rektkid_ @SnaxTeam Never ever heard of snax anyway. 321 cointelegraph FUD..

@HelloTelos @SnaxTeam But people still need a separate wallet to use it. That's one of the problems with low-adoption chains, was a problem of Snax as well.

@theBigChups @SnaxTeam Our pleasure. The great thing about the Telos Ethereum Virtual Machine is that you live on Ethereum, your token is ERC20 etc, so you are part of the ETH ecosystem. However, you can run your smart contracts via the Telos EVM, at a fraction of the gas cost and at 10,000 TPS 😎

@HelloTelos @SnaxTeam Thanks for your invitation! #Telos community does good job. The problem is that Snax protocol can't work on Telos chain because of specific core, required for the social transactions mechanism. We're thinking about #Ethereum not because of EVM, but because of its wide ecosystem.

@SnaxTeam Jump into our community TG guys, we'd love to have you. From there we can get you into our EVM dev chat, and perhaps you can explore the best of both worlds, operating via EOSIO on Telos but living on Ethereum. All made possible with the Telos EVM.

@rektkid_ @SnaxTeam Current Snax implementation is built on the own fork of EOSIO engine. I explained in other replies why did we choose it and why we decided not to support this version of chain anymore.

@TelosUnlimited @SnaxTeam @HelloTelos @block_one_ #EOSIO is built on the old Steem codebase. Has tons of bugs, crashes on a high load. As engineers, we would never have chosen it for our protocol, if #EOS roadmap didn't include IBC. However, @block_one_ decided not to follow their roadmap.

@theBigChups @SnaxTeam @HelloTelos @block_one_ EOSIO it's a great code and with a lot of powerfull features, there are many other chains like @HelloTelos adding value with a great comunity and governance tools

@CaptainCryptoHD @SnaxTeam What's the point to support something on a dead engine? If haven't a chain, we have to change the model anyway. Current Snax implementation requires own chain and can't work on Telos because of specific core. If we decline the idea of own protocol, we can choose any ecosystem.

@SnaxTeam Should definitely consider Telos. But ya, EOS is done with.

@CyptoGeneration @SnaxTeam One of the main problem of using non-Ethereum chain was the lack of good exchanges. They can't implement new protocols because most of them even have no engineers in-house. On #Ethereum, we could use @Uniswap or @Bancor at least. Ecosystem reduces costs.

@SnaxTeam what about Solana or Polka?

@TelosUnlimited @SnaxTeam @HelloTelos EOS is dead. Honestly, @block_one_ fucked up everything. They made one more crappy social media (Voice) to satisfy Larimer's ambition instead of supporting EOSIO ecosystem or building IBC, at least.

@SnaxTeam What about moving to another EOSIO chain like TLOS @HelloTelos , you can run it like a Dapp and keep the SNAX token. Moving to ETH with the current fees it's not a good idea. You can even try EVM on TLOS.

@Maxocoin @finchify @EOSauthority In #Snax we've solved this problem by changing the cost function: it grows exponentially only for accounts, who made a large amount of transactions last 24h. So, each account is available to send about 10tx per 24h at least.

@Maxocoin @finchify @EOSauthority No, it doesn't. The relation between available CPU time for some account and its EOS stack is not a constant. Resource cost function grows exponentially with the total CPU usage, it doesn't distribute anything among accounts, just set something like 'CPU price' at the moment.

@stepanovsds @CoenWeber @cryptovonka @BrendanBlumer @telosvoyager @block_one_ @The_JUDii @SnaxTeam @nablaApp To be honest, @nablaApp is far away from Telegram for now, but considering all the #Snax #blockchain community and @bcrmbs resources, you're doing awesome!

@CoenWeber @cryptovonka @theBigChups @BrendanBlumer @telosvoyager @block_one_ @The_JUDii @SnaxTeam @nablaApp We created what Facebook and Telegram are trying to do now. Thanks for the nice words.

If only there was a way... some mechanism by which @block_one_ could be made to feel whole again... @BrendanBlumer @The_JUDii #DPoS #ratifyamend

@BrendanBlumer @telosvoyager @block_one_ @The_JUDii How about @SnaxTeam? We've applied interesting innovations above the #EOSIO engine. We have a good community, but we are short of development funds for now.

@SwedenEos @BrendanBlumer @telosvoyager @block_one_ @The_JUDii How about to mention @SnaxTeam as well?

@BrendanBlumer @telosvoyager @block_one_ @The_JUDii Thanks a lot 🙏 to be supportive of all chains and innovators experimenting with EOSIO. We have worked hard in Telos from last 18+ months to solve some (if not all) of the issues of EOS Mainnet; especially to ensure *GOOD Governance*, Enterprise GRC and User Friendliness.

@telosvoyager @block_one_ @The_JUDii Don’t worry, we’re very supportive of all chains and innovators experimenting with EOSIO in different ways. The focus on alternative implementations, is more important to us than the size or value of our holding. We remain supportive of #Telos and are excited to watch it grow

@Yolanda56999240 @tetherprinter @Bitfinexed I'm pretty sure, they have a lot

@tetherprinter @Bitfinexed Are you interested in toner cartridges?

Breaking my silence to issue this warning: if you hold *any* cryptocurrency on an exchange that also deals with Tether, withdraw all of your funds immediately. If you don’t hold your own keys, you don’t hold your own cryptocurrency. And listen to @Bitfinexed

Looks pretty good

💡Fortunately, in #Snax we rewrote the function, which is forming the $NET and $CPU price. Snax has a progressive function, which allows the user to send transactions at a lower cost, if their total transaction amount is small. #EIDOS #attack #EOS #blockchain