Crypto

The newly launched EOS network has been stopped!

EOS network blocker selection may be confused


The launch of the EOS mainnet started on June 10th. In our previous article we mentioned that EOS started the main network without solving some problems. The biggest candidate for a blockbuster from these problems is not selected. To create the first block, 15% of the total votes need to be used.

The EOS network needs to vote for 150 million tokens

EOS 'developer Block.one has launched the first version of its EOSIO software. A week later, on June 10th, we went to the main network. However, as mentioned above, 150 million tokens, 15 of total EOS supply, have to vote for "block producers" in order to activate the platform. At the time of writing, only 7.13% of the tokens were voted according to the last reported by the EOS authorities. So only 47% of the token amount needed was met.

 Newly launched EOS network has been discontinued
Newly launched EOS network has been discontinued

EOS network blocker selection may be confused

Anything that is happening in the EOS mainstream network is not what it is as well as the lack of adequate measures by the technical team, the unwillingness of the users to vote is also a separate blow to the process. The most striking of the reasons for the users being unwilling is that the process is a little complicated and account security is concerned.

It is likely that blockbuster candidates will be able to use enough votes for their own to activate the network in such a way. Of course, this possibility has put tension on the elections held. It is even said that the tension has increased considerably due to the moves made to win the election among the groups. While this is the case in the main network, the EOS has suffered a serious decline since June 10 against both Bitcoin (BTC) and Etherum (ETH).

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