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Does EOS stand alone as the only low fee high

speed tx chain which has regulatory clarity?

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I think so

Afaik, yes. How much ‘regulatory clarity’ is worth I have no f’in idea haha. :)

why would all the other eosio implementations be excluded from this? Just curious. What sets them all apart in the eyes of regulators? The howey test?

Kenny | META COLLECT- Автор вопроса
DataJunky | GenerEOS
why would all the other eosio implementations be e...

i'm pretty sure but not certain that their launches weren't as decentralised as EOS mainnet, WAX is pretty centralised in general, haven't really looked at how the launch was done, always been a lot of discussion around Telos and how many tokens Doug owns lol

Kenny | META COLLECT
i'm pretty sure but not certain that their launche...

I don't see "distribution" on the howey test anywhere. Does the SEC care how it starts or who's got the rug in their hands?

Kenny | META COLLECT- Автор вопроса
DataJunky | GenerEOS
I don't see "distribution" on the howey test anywh...

if a 3rd party owns too much of the supply or has too much control over the chain due to distribution of tokens at launch then they'd probably fail the last question i guess

Dogman
Wax had an ICO selling tokens I think

This might bite someone in the ass, but who? Once DEX's are more prolific, and Privacy tokens more trustworthy or reliable, how will any of this be enforced anyways? Delisting won't hurt as much in a few more years with growing liquidity pools all interconnected with swaps everywhere.

DataJunky | GenerEOS
This might bite someone in the ass, but who? Once ...

Except that there are no real “dex” sites really

DataJunky | GenerEOS
This might bite someone in the ass, but who? Once ...

I don’t know. Securities laws are very outdated and technology is advancing very quickly. Hopefully the old security laws won’t hurt anyone. They’ve already very much slowed the progress of Kin. If there are regulatory attacks, EOS is much safer than most other cryptocurrencies because it’s so decentralized. EOS will also be able to tell its story very well soon which will help a lot.

Kenny | META COLLECT
i'm pretty sure but not certain that their launche...

I believe wax did the same thing what EOS did with the ERC 20 tokens then converted it to wax main net tokens. I believe they have clarity and they’re just quiet about it because why these huge US companies with there IP are creating NFT in wax because these companies will not take a chance knowing that the coin could be a security.

DataJunky | GenerEOS
I don't see "distribution" on the howey test anywh...

The distribution is relevant for understanding if a party has “control”. It’s not as simple as 51% control

Trimbot
The distribution is relevant for understanding if ...

Yeah that makes sense. It's not clear by the wording of the howey test there. Was howey someone we should appeal to or the sec only? Lol Yooooo I prefer my contracts have ricardians bruh

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