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There’s Never a Dull Day in EOS Land

The EOS soap opera has made for viewing in recent weeks. The amount of funds and hype meant a soft launch was not going to be possible. Satoshi appears to have launched bitcoin alone, with zero fanfare and the world oblivious. EOS, on the other hand, alarmed the other half and has established following a 4 billion increase, having half of the crypto communityandroid app bitcoin casino bitcoin casino table game latest 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’ developers, and the 21 block producers tasked with running the network. The cause of the problem seems 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 which have not been thoroughly tested, forcing them to fix problems as they occur on the mainnet.

Features, Bugs, and Anomalies

While unfortunate, when an entirely new blockchain launches bugs should be expected, and bitcoin and ethereum weren’t with their issues in the early days. But there are troublesome elements of EOS that are there by design, and whose existence is more difficult to explain. There. The amount ranges based on the amount of network resources the dapp requires. Had Crypto Kitties been operating at the height of their dapp’s popularity, it has been suggested that the quantity would have ran into the millions of dollars.

And then there’s the complexity of producing an EOS wallet. Creating an account involves obtaining the assistance of ancasino us player bitcoin bitcoin casino with free spins bonus Without their input, it’s impossible for any newcomer to join the EOS ecosystem. With time, EOS dapps should make account production easier, but until then, the public blockchain operates more like a system, with participants reliant to get the ball rolling.

Attaining the 15 percent quorum of votes to launch the network proved to be a sticking point. Token holders were required to vote by means of a process that included entering their private keys. Due to the risk of being tricked by EOS dapps, most token holders chose not to vote, leaving the voting process.

EOS Oddities Have Failed to Dampen Market Enthusiasm

The market has remained bullish. With so many token holders the community is ready EOS to succeed no matter what, and no amount of negativity — as the acronym goes or FUD — will be allowed to prevail. When a major bug was discovered before launch in EOS, followed by a bounty program’s creation and the discovery of several bugs, the market shrugged off the problems.

The enthusiasm for all things EOS can partly be attributed to the need for a rapid and scalable blockchain. Even the system’s most ardent supporters will concede that EOS is not perfect, but given the choices — a sluggish ethereum and a couple of untested and unused blockchains — there seems little alternative but to pray Block.one can prevail. With each passing play, the anti and pro EOS brigades become more firmly entrenched in their own positions. No blockchain in cryptocurrency’s history has proven to be so polarizing. Whatever the future holds for EOS, it won’t be dull.

Do you think EOS can shrug off these early setbacks and overtake ethereum as the number one blockchain for dapps?  Tell us in the comments section below.

Pictures courtesy of Shutterstock, and Twitter.

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Source: bitcoincasinoreview.net

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