It costs $17 to create an EOS account. Also, storing data is almost as expensive as in Ethereum (most of the time MORE expensive).

I thought running (d)apps on a centralized shitcoin should be almost free, but turns out not only do you have to hold millions of dollars of EOS just for CPU usage, you have to buy RAM as well. I was shocked when I did the math:1 KB of RAM costs $4.44, so 32 bytes would cost you $0.14. Storing 32 bytes in Ethereum costs 20000 gas. So if gas price is less than 15 Gwei (it was 1 Gwei for a couple of weeks until the exchange incident), Ethereum is CHEAPER than the fucking coin that promised to be thousands of times more accessible than it.So, why did they sacrifice decentralization and raise $4 billion again?

Submitted July 03, 2018 at 08:39AM