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There’s Never a Dull Day at EOS Land
The EOS soap opera has made for viewing in recent weeks. The amount of funds and hype meant there was a soft launch not going to be possible. Satoshi the world oblivious and appears to have launched bitcoin with zero fanfare. EOS, on the other hand, alerted the other half and has launched following a 4 billion increase, having eager half of the crypto communitybitcoin casino instant withdraw best bitcoin casino guide most recent issue was a bug which caused block production to stop over the weekend, forcing a conference call between Block and bitcoin video casino apk.one, EOS’ developers, and the 21 block manufacturers tasked with running the community. The cause of the problem appears to have been a mistake in the latest build, obliging EOS to resort to an earlier version of this code. This raises the question of how much testing is being done on new code; it resembles 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
Bugs should be expected when an entirely new blockchain starts while unfortunate, and bitcoin and ethereum weren’t without their issues from the first days either. But there are troublesome aspects of EOS which are there by design, and whose presence is harder to explain. There. The amount payable ranges based on the amount of network resources the dapp requires. Had Crypto Kitties been running at the height of the popularity of their dapp on EOS, it’s been suggested that the quantity of tokens needed to operate it would have ran into the millions of dollars.
And then there’s the complexity of producing an EOS wallet. For obtaining an present account-holder’s assistance, creating an account callsbitcoinpenguin bitcoin casino 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 start the system proved to be a sticking point. Token holders were required to vote by means of a procedure that included entering their private keys. Due to the possibility of being duped by EOS dapps, most token holders decided not to vote, leaving the voting procedure.
EOS Oddities Have Failed to Dampen Market Enthusiasm
The market has remained bullish on the blockchain of Dan Larimer. With so many holders the community is willing to succeed no matter what, and no quantity of negativity — or FUD since the acronym goes — will be permitted to prevail. When there was a major bug found prior to launch, followed by the discovery of many more bugs and a bounty program’s creation, the market shrugged the issues off.
The enthusiasm for all things EOS can be attributed to the need for a scalable and rapid blockchain. The system’s most ardent supporters will concede that EOS isn’t perfect, but given the alternatives — a sluggish ethereum and a couple of untested and fresh blockchains — there seems little alternative but to pray Block.one can prevail. With each passing play, EOS brigades and the pro become firmly entrenched in their own positions. No other blockchain from cryptocurrency’s background has proven 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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