There’s Never a Dull Day in EOS Land
The EOS soap opera has made for compelling viewing lately. The level of funds and hype meant there was a soft launch not going to be possible. Satoshi the world unaware and seems to have launched bitcoin with zero fanfare. EOS, on the other hand, has established following a year-long $4 billion raise, having eager half of the crypto community and alarmed the other halfBetChain app most recent issue was a bug which caused block manufacturing to stop over the weekend, forcing a conference call between Block and bitcoin video casino apk.one, EOS’ programmers, and the 21 block producers tasked with running the community. The cause of the problem appears to have been an error in the latest build, obliging EOS to resort to an earlier version of this code. This raises the question of how much testing has been performed on new code; it looks like Block.one is issuing updates that haven’t been thoroughly tested, forcing them to resolve problems as they occur on the mainnet.
Features, Bugs, and Anomalies
While unfortunate, when an blockchain starts bugs should be expected, and bitcoin and ethereum weren’t with their issues from the first days. But there are troublesome aspects of EOS which are there by design, and whose presence is harder to explain. There. The amount ranges according to the amount of network resources the dapp requires. Had Crypto Kitties been running at the height of the popularity of their dapp, it has been suggested that the amount of tokens needed to operate it could have ran into the millions of dollars.
And then there’s the complexity of producing an EOS wallet. For obtaining the assistance of an present account-holder creating an account calls1Xbit Casino rating It’s not possible for any newcomer to join the EOS ecosystem. With time, EOS dapps should make account production easier, but until then, more like a system operate, with participants reliant to get the ball rolling.
Attaining the quorum of votes to launch the network also been shown to be a sticking point. Token holders were required to vote via a process that included entering their keys. Due to the possibility of being duped by fake EOS dapps, most token holders decided not to vote, leaving the procedure.
EOS Oddities Have Failed to Dampen Market Enthusiasm
Despite glitches of the drama, and oddities of EOS, the market has remained bullish on the blockchain of Dan Larimer. With so many holders the community is ready to succeed no matter what, and no amount of negativity — as the acronym goes or FUD — will be allowed to prevail. Even when there was a bug found in EOS prior to launch, followed by a bounty program’s creation and the discovery of more bugs, the market shrugged off the issues.
The enthusiasm for all things EOS can be attributed to the need for a scalable and rapid blockchain. Even the network’s most ardent supporters will concede that EOS is not perfect, but given the choices — a slow ethereum and a couple of untested and unused blockchains — there seems little alternative but to pray Block.one could prevail. With each play, EOS brigades and the pro become more firmly entrenched in their own positions. No blockchain from cryptocurrency’s background has turned out to be so polarizing. Whatever the future holds for EOS, it will not be dull.
Do you believe EOS can shrug off these early setbacks and overtake ethereum as the number one blockchain for dapps? Tell us in the comments section below.
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