Rationally analyzing the cooperation between Google and EOS, there are still many things you don’t know

Recently, EOS officially announced the cooperation with Google, which of course had a reaction in the price of the currency at the first time. Then, due to the extension of Trump's stimulus policy, the price of the currency fell. However, at present, EOS is still quite good in terms of price comparison. Many media in the currency circle believe that this is super good news for EOS, and some even think that it is not too much to double the increase. However, for this judgment, the author believes that we still need to be calm. After all, no one is a fool. Since the price of the currency can fall, there must be a reason.

First, let's analyze the current situation of EOS

First, there are currently 21 super nodes in EOS, and there are many backup nodes. One thing that needs to be reminded is that the super nodes definitely earn more EOS than the backup nodes, and the backup nodes also have income.

The second is the eos node election, which is decided by voting. As long as the node is capable, there is no need to buy a large amount of eos to vote for yourself. You can attract a wave of votes by relying on your influence. Of course, the current voting is basically similar to bribery. You vote, and the node will share part of the profits with you. That's it.

The third is that eos has node elections, but not every blockchain project has node elections. Some require application to join the nodes, some are officially designated nodes, and some POW coin running nodes will not generate any income.

The fourth is that B1, the company where eos is located, is currently an American company that holds a large amount of U.S. Treasury bonds, and the company's investment tends to be traditional.

Fifth, the ecosystem of EOS is relatively complete, and the transaction speed in the blockchain is relatively fast. The B1 team has also paid fines before, so we believe that it is one of the public chain projects that comply with regulations in the United States. If I have to pick another one, then I think Ripple is good, but Google has already invested in Ripple before, which was a long time ago.

The sixth is EOS’s new project Voice, which is relatively new and there are almost no similar products on the market. If it is well developed, it can be comparable to mainstream social applications such as Facebook and Twitter.

The seventh is that in the current POS chain, eos is still ranked very high. Before eos, there was an ecological chain and it was still a POS project. Polkadot has just started and the ecology has not been built yet, so it does not count. Because BNB is relatively closed and involves the behavior of cryptocurrency exchanges, the legal risks are relatively large. Not to mention other pow mining coins. If you want to invest, just buy coins or mining machines directly. So if you were Google, who would you choose?

Combining the above characteristics of EOS, if I were Google, EOS can only be one of the best partners. Therefore, if Google wants to enter the field of blockchain technology, it can consider cooperating with EOS.

Next, let’s analyze Google’s current situation.

First, the impact of the new coronavirus this year is severe. Google is a large company with a large business, and its advertising business, its main source of revenue, has increased, especially YouTube. This is a good thing for Google.

The second is that Google seems to be a little short of money recently. For example, when Android applications are listed on the Google Store, Google’s new payment commission rules are even more stringent than Apple’s.

The third is that Google has recently been subject to an antitrust investigation and may face huge fines.

The fourth is that blockchain nodes of other public chains can be deployed on Google Cloud. Of course, many of them are tools developed by the public chain teams themselves and released on the Google platform.

Fifth, Google has always had its own investments in the blockchain field, such as Ripple, Link, etc. For this cooperation, if we look carefully at the statement, there is no indication that Google will invest in EOS.

Sixth, Google Cloud’s competitors, such as Microsoft Cloud Service, Amazon Cloud Service and other cloud vendors, have actually had related solutions for blockchain nodes before, but the market has not paid much attention to them. Some of the public chains above are even relatively "junk" public chain projects. I will not introduce them here. If you are interested, you can take a look at Microsoft or Amazon Cloud Services. Now most of the EOS nodes are actually built by purchasing Amazon's servers. According to this statement, aren't we saying that Amazon is the largest blockchain company?

Based on the above points, we still have to observe whether this cooperation is beneficial. The main reasons are as follows:

First, what was mentioned this time was only cooperation, not investment. Google Cloud could also provide a solution for rapid node deployment, just like Microsoft Cloud, which could be considered cooperation. This is a shallow level of cooperation and would not produce much benefit. Therefore, after this news, Tron’s Sun Ge also came out to call for cooperation with Google, based on this.

To put it simply, I pay my phone bill every day, so I can also say that I cooperate with the three major operators. I use Alipay, and I can also say that I cooperate with Alibaba. That's what I mean.

Second, since cooperation can be divided into shallow and deep levels, if Google really builds its own EOS node, I think it is good news, and it may even drive companies like Amazon and Microsoft to build EOS nodes as well.

Why do I say that? In fact, in the eyes of technology giants, these layouts are basically a drop in the bucket. Sometimes they don’t pay attention to them at all, and they are even too lazy to make an announcement. However, one characteristic of technology giants is that they like to learn from their peers. For example, IBM attached importance to blockchain technology, so Google also invested in startups in the blockchain field. Microsoft also studied many technologies, such as supply chain, DID technology, etc. This is a good example of the fact that there will be some imitation behaviors among giants. Of course, some are successful and some fail.

This is mainly because technology giants don’t know what kind of advantages their peers have gained, or what research reports show that this business is indeed profitable. Therefore, in order not to fall behind, they just want to show their appreciation. In this way, if Google has established a super node, I think Amazon, Microsoft, etc. may also establish super nodes one day in the future. This is possible, and for them, the cost may not be too high.

Even if Google really wants to be a super node, the EOS B1 team may have to vote in support. After all, this is enough face for the EOS team. If B1 still doesn’t support it or help to get votes, then we may really feel sorry for this cat-stroking otaku.

The third is that EOS has Voice. We used to say how bad Voice was, but if you see the cooperation between Google and EOS now, I think that to a certain extent, Google values ​​Voice as a chess piece.

In fact, Google has always wanted to do social networking, because Twitter and Facebook are already strong enough in this market. Google also had a social platform before, which I also experienced a few years ago. It was called G+, but the platform could not be operated in the end. Therefore, we can say that it ended in failure. Now Google's main business is divided into YouTube, search business, email, maps, app store, Google Cloud, artificial intelligence voice, etc. The previous G+ has become history. So is it possible for Google to cooperate with voice to do social networking? I think there is still a certain possibility, just like Alipay has always wanted to do chatting. Although it failed, it still did not give up.

The fourth is the antitrust investigation that Google is currently facing and its high commissions on the App Store. All of this shows that Google may be facing some financial pressure at present. Although Google's performance has increased significantly this year, if the antitrust investigation is confirmed, then it will naturally have to pay a large sum of money. There is no doubt about this. The high commissions on the App Store require Google Pay. Although developers have been given some buffer time and it will not be implemented immediately, it will still have a lot of impact in the future. Moreover, there is not much correlation between cash flow and performance. Sometimes it may be that there are more accounts receivable, which is unclear at the moment.

For Google, we ordinary people may see a behemoth, but in fact, there are many departments and projects within Google that are basically not profitable, or even suffering huge losses. Therefore, if Google wants to make money, it must expand into new areas. On the one hand, it can seize new opportunities, and on the other hand, it can allow competitors to have a certain amount of development space in the old business. Don't end up forcing competitors to death and then having to pay a large fine, which would be bad.

This example is the same as the cooperation between Apple and Microsoft. The reason why Apple and Microsoft were able to have some cooperation was because Jobs called Gates and told him that if Apple collapsed, Microsoft would be subject to an antitrust investigation in the operating system field. In order to avoid such investigations and high fines, Microsoft would naturally save Apple's life. This is the reason for the incident.

Therefore, from this perspective, Google's investment in blockchain projects or cooperation with current public chain projects is also to expand its own business, so that it will not be targeted due to over-concentration of its main business. This is naturally a matter of general direction for Google. When it comes to small details, it makes sense to cooperate with blockchain projects such as EOS.

Of course, if someone wants to capture Google-related concept coins, or possible future cooperation projects, they can actually start from some of the above viewpoints. In addition, large technology companies will pay great attention to the compliance of blockchain projects. According to the current routine, at least they must have paid a fine in the United States or strictly followed relevant regulations, otherwise they will not be considered.

Summarize

Finally, we need to pay attention to whether Google has established its own super node on EOS and made actual real money investment. If so, it may be good news for EOS and Voice. However, if it is just to support, to make a development tool or something else, then such good news will be discounted to a certain extent. According to the announcement, there will be at least some actions in the future, so we need to continue to pay attention to it in the future. As for whether EOS can have such a magnificent market like Link, it is still difficult to judge at present.