There’s Never a Dull Day at EOS Land
The EOS soap opera has made for compelling viewing lately. The amount of funds and hype meant there was a soft launch never going to be possible. Satoshi seems to have launched bitcoin alone and the world oblivious. EOS, on the other hand, alarmed the other half and has launched following a year-long $ 4 billion increase, having half of the crypto communityNetBet Bitcoin Casino Review latest 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 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 is being done on new code; it resembles Block.one is issuing updates that haven’t 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 are to be expected, and bitcoin and ethereum weren’t with their issues in the early days. But there are troublesome elements of EOS whose existence is harder to explain, and which are there by design. There. The amount payable ranges according to 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 creating an EOS wallet. Creating an account calls for obtaining the assistance of an present account-holderbest bitcoin casino faucet ask gamblers us bitcoin casino low fees high cashout It’s impossible for any newcomer to join the EOS ecosystem. With time, EOS dapps should make account creation 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 system been shown to be a sticking point. Token holders were required to vote by means of a process that included entering their keys. Due to the risk of being tricked by fake EOS dapps, most holders chose not to vote, leaving the voting process.
EOS Oddities Have Failed to Dampen Market Enthusiasm
Despite glitches, the drama, and oddities of EOS, the market has remained bullish on Dan Larimer’s blockchain. With so many token holders invested in the project, 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 discovered in EOS prior to launch, followed by the discovery of more bugs and the creation of a bounty program, the market shrugged the problems 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 could prevail. With each passing play, the pro and anti EOS brigades become firmly entrenched in their positions. No blockchain from the background of cryptocurrency has turned out to be so polarizing. Whatever the future holds for EOS, it will not 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.
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Source: bitcoincasinoreview.net
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