EOS Blockchain might go live in next couple of days: Crypto endorser
EOS Blockchain is still not live, days after initiating its launch in a very unconventional way. However, it might happen soon as the software appears to be progressing towards it without any major issue.
Already, there’s an update to the EOS software, the ‘version 1.0.1’ which CTO Daniel Larimer described as a method of preventing a potential crash in the update nodes. It reportedly has a huge success story as it raised around $4 billion over the last year to create the software required to launch the blockchain.
Since June 2, 10:59 UTC the tokens have been frozen and ‘snapshots’ were taken to keep records of tokens on Ethereum for the future use of allocation. This occurred on time and without any issues.
According to a Coin Desk report, Kyle Samani from Multicoin Capital one of EOS’s main endorsers confidently said, “Things are going about as we expected. A few road bumps, no show-stopping problems. I’m expecting the [blockchain] to be live in the next couple of days.”
A remarkable unity of the block producers has been seen outwardly, despite such a huge scale launch. “I’ve been part of calls of 60 to 90 people every day,” Marc-Antoine Ross, the CEO of EOS Canada, told CoinDesk, “What I think is important is we all published agreement to launch one chain.”
However, there has been confusion among the block producers over this large-scale project. Such as the controversy which broke out last week in the EOS launch community. A group called ‘Ghostbusters’ published a critique of EOS Canada’s launch approach.
On April 9, EOS Canada had published a piece of open-source software known as “EOS BIOS”. It’s a suite of code the goal of which is to coordinate the launch of the EOS software. “A lot of block producer candidates validated this solution to launch the network,” Ross said.
Another block producer candidate agreed to the critique and mentioned in the blog post on May 28: “Using the EOS BIOS process will create unnecessary risks for the EOS blockchain launch and ultimately all EOS token holders. Also, any negative press on insecurities in EOS blockchain launch or failed attempt to launch the blockchain will have a negative impact on EOS price and reputation.”
Though it looked like the larger EOS community might split, it seems, it has prevailed. On Saturday, it was confirmed that the two sides had resolved their differences (Ross confirmed). Everyone agreed to coordinate with EOS BIOS and have no issue integrating with Ghostbusters preferred security measures, according to Ross.
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