Blockchain launched EOS, but what's wrong with his work?

Date:

2018-06-13 14:30:06

Views:

3529

Rating:

1Like 0Dislike

Share:

Blockchain launched EOS, but what's wrong with his work? Source:

Technically started a few days ago. If it works, mainnet? No. This is the explanation that tried to give . It's all in the tokens created through the ICO from the Block.one. They are blocked until that moment, until the network will select 21 of the manufacturer of the units.

the

Why not work EOS?

The Blockchain will begin life as only 15 percent of all tokens (150 million) will be directed to vote for the candidates in the manufacturers of the blocks. Votes are counted by the number of tokens. And though this process is already running, the necessary number of tokens for voting did not have enough. June 10 was released about 10 million tokens, and on June 11 gathered 30 million. Need another five times.

The Reasons for this slow start may be different. Someone claims that it was necessary to wait for activity on the Asian market. Others say about the existence of a psychological barrier of 40 million tokens, through which the network will run uphill. But the most realistic reason seems to caution investors that are not in a hurry to put their tokens.

the

As the blockchain EOS depends on whales

Whales – investors with the highest number of tokens – not in a hurry to make a decision and watching the situation. Their decisions determine the success and cost of EOS, and the success of their investments. Also, you need to ensure the reliability of the voting process. For example, the venture Capital Fund Multicoin there are policies, under which they store their keys offline. Many are not willing to join the vote until it is necessary to use a online wallet.

Finally, before the start of the voting stage in the blockchain a few serious vulnerabilities. Information spreads quickly, and money no one wants to risk. Trust is not built quickly.

the

As there are elections manufacturers of power

It is Necessary to note the complexity of the voting process. Non-technical users can be difficult to cope with the command line, without which it is impossible to cast your vote. Pop up and more convenient tools for voting, but closer to the launch of coalition candidates-validators recommended to use the command line. The exchange hasn't released the tools for those who keep their tokens are blocked for exchange.

the

what to do with tokens EOS now?

Another reason why no hurry – waiting for the Pampa of cost tokens. It is for this reason that many hold them on the stock exchange for subsequent sale. Massive sale will start after the beginning of network life and activity blocks.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Study: 94 out of 100 in the blockchain startups use the Ethereum network

Study: 94 out of 100 in the blockchain startups use the Ethereum network

In January NASA on the development of the service on the Ethereum blockchain, which allows to calculate the trajectory of the satellite motion and to avoid collisions with space debris. The organization has invested in the project...

Hackers stole $ 20 million from inconsiderate users of the network Ethereum

Hackers stole $ 20 million from inconsiderate users of the network Ethereum

Users of the wallet geth suffered from hackers who managed to steal a air at the equivalent of $ 20 million over the past few months. The conspirators were disclosed by accident. It is reported . the the Hackers used a vulnerabili...

The Norwegian intelligence service will check the Russian miners because of the proximity to the NATO firing range

The Norwegian intelligence service will check the Russian miners because of the proximity to the NATO firing range

the Russian New Mining Company has invested a billion kroner or about $ 125 million in creating a major center for mining cryptocurrency in Norway. The initiative became interested in the local intelligence — the farm is located a...

The citizens of Switzerland voted against the adoption of the blockchain

The citizens of Switzerland voted against the adoption of the blockchain

on Sunday, Swiss citizens had the opportunity to vote for a program of Sovereign Money Initiative, which would open the country the possibility of mass adoption of the blockchain. Unfortunately, the results of the vote came not in...

John McAfee: do not panic in a bear market

John McAfee: do not panic in a bear market

John McAfee has a scandalous reputation, but this does not prevent him to influence the mood of the players of the stock market. In spite of the growing panic around the falling Bitcoin billionaire still retains a positive attitud...

Experts: Bitcoin needs

Experts: Bitcoin needs "fuel" for new growth

According to analysts, a sharp drop below $ 7,000 closed before Bitcoin fastest way to new heights. Bitcoin needs a long recovery process before the start of a new bullish trend reports . the the Growth of Bitcoin will have to be ...

In the US arrested another merchant bitcoin on Localbitcoins

In the US arrested another merchant bitcoin on Localbitcoins

this week, a woman from Los Angeles was sentenced for money laundering, reports . 50-year-old Teresa Tetley called themselves "Bitcoin Maven" and sell bitcoin on Localbitcoins. In just a year she managed to earn about 300 thousand...

Apple has banned mine cryptocurrency on their devices

Apple has banned mine cryptocurrency on their devices

In early April, Google's intention to remove all applications for mining Chrome store and the prohibition to add new. Now use their devices for mining cryptocurrencies banned by Apple. The company also intends to delete from the A...

Bitcoins Wealth — divorce of suckers. We found a 100% Scam

Bitcoins Wealth — divorce of suckers. We found a 100% Scam

From the beginning, hackers pennies to $ 1.1 billion. Most scammers attacked the trading platform, but sometimes used vulnerabilities in servers and cloud wallets. The amount of damage will increase. This will contribute to the du...

The Bank Wells Fargo has banned the cryptocurrency credit cards

The Bank Wells Fargo has banned the cryptocurrency credit cards

In early may, the payment system Mastercard on customer churn due to ban on purchase of cryptocurrency with a credit card. It seems a lesson not learned in Wells Fargo Bank has introduced restrictions on transactions with digital ...

Bitmain has attracted $ 400 million in pre-ICO in Hong Kong

Bitmain has attracted $ 400 million in pre-ICO in Hong Kong

last week, the world's largest producer of ASIC miners Bitmain about their intention to hold IPO outside China because of the ambiguous attitude of the government towards cryptocurrencies. Now it turned out that the company alread...

A company that sells a subscription to mining goes on IPO

A company that sells a subscription to mining goes on IPO

the Company Argo Blockchain announced its desire to enter the London stock exchange. The idea of the new, especially considering the fact that the company provides its clients with the opportunity to engage in mining of crypto-cur...

The crypto currency exchange Golix left Zimbabwe because of the pressure of the Central Bank. Response regulator

The crypto currency exchange Golix left Zimbabwe because of the pressure of the Central Bank. Response regulator

last week, the cryptocurrency exchange Golix announced his departure from Zimbabwe in another jurisdiction due to the pressure of the Central Bank of the country. Now the regulator has explained its position in relation to the exc...

CFTC Commissioner: cryptocurrency is here to stay

CFTC Commissioner: cryptocurrency is here to stay

the Commission on trade in commodity futures of the USA appeared to be content with the cryptocurrency. The Commissioner of the regulator Rostin, Benham acknowledged that the crypt will be an integral part of the financial system ...

Course Ethereum Classic rose by 25 percent. What is the reason?

Course Ethereum Classic rose by 25 percent. What is the reason?

over the weekend, the exchange rate of Bitcoin is significantly decreased. Instead of the recent 7600 dollars now for one coin offered for $ 800 less. The market followed the leader fell to the capitalization of 300 billion. The E...

Research: 1600 investors own nearly a third of all existing Bitcoins

Research: 1600 investors own nearly a third of all existing Bitcoins

the owners of the cryptocurrencies for all time of its existence at least 3.79 million bitcoins, or about $ 30 billion, analysts estimate the company Chainanalysis. While 28 percent of the remaining coins are divided among 1.6 tho...

Hacker attack on Coinrail has nothing to do with the fall of Bitcoin prices

Hacker attack on Coinrail has nothing to do with the fall of Bitcoin prices

Current stock market most news publications associated with the hacking of a South Korean exchange Coinrail. In fact, however, a problem occurred due to manipulation and panic sinks cryptocurrency inexperienced investors. It is re...

What happened to the profitability of mining? NiceHash responds to drop courses

What happened to the profitability of mining? NiceHash responds to drop courses

In mid-may, the leadership NiceHash about the growing danger for owners of cryptocurrencies. According to the staff, in recent time intensified hackers. Because of this, a number of fake sites with malware have increased. Now the ...

CEO Binance: correction of exchange rate of Bitcoin is repeated every year

CEO Binance: correction of exchange rate of Bitcoin is repeated every year

Current situation on the stock market is not fun. Beginners bite elbows, seeing this correction as the end of all cryptocurrencies. But early investors already know that Bitcoin has been the worst days. CEO Binance Zhao Hanpan rem...

Four projects which can solve the paradox of privacy Ethereum

Four projects which can solve the paradox of privacy Ethereum

Ethereum is transparent to the bone. Like Bitcoin, this platform uses transparency as part of their own security — and to some extent by ensuring that users will not be able to forge transactions. However, in respect of this trans...