Topic: EOS $4 Billion ICO Blockchain Backup & Running after ‘Bug Freeze’ Two Days After (Read 87 times)

EOS $4 Billion ICO Blockchain Backup & Running after ‘Bug Freeze’ Two Days After Mainnet Launch


All Block Producers (BPs), along with the Block.One team are working on the mishap and have been providing constant updates on their progress.

A Community Committed to Problems
After the BPs elections, the EOS Mainnet faced a technical failure yesterday which led to a pause in the Mainnet. The entire community was quickly asked to close all nodes and move to version 1.0.3.

The fix was released by Block.One on GitHub and has been verified by Block Producers and Standby nodes. At 14:48 UTC yesterday. The blockchain was launched and the company issued a statement summarizing the entire error correction process. The statement was published in English, Chinese and Korean by the Block Producers.

A Telegram channel dedicated to tracking the status of EOS Mainnet reported yesterday that, after the break, Block Producers and Many Standby Nodes had a conference call to detect and resolve the problem. About four hours later, the Telegram channel reported that the Mainnet was live.

And Now What's Next?
The EOS network monitor currently shows the work of the EOS Block Producers (BP), which would be the equivalent of the miners in the Bitcoin blockchain, and shows them producing right now, press time.

The blockchain was activated just a week after the candidates to become EOS BP voted to start on Saturday, June the 9th.

On June the 1st, EOS completed its initial coin offering (ICO) after a year of raising approximately $4 billion to become the largest ICO in the world to date.

EOS is currently the 5th largest cryptomarket, with a market capitalization of $9.4 billion dollars, according to CoinMarketCap.

The currency is being trader around $10.53 dollars, a little over 0.5 percent in the last 24 hours.





This will be an ongoing story as the EOS blockchain, despite raising $4 billion dollars and being valued at over $9.5 billion, is new and will likely experience more hiccups and hurdles to overcome but one might be very worried about the fact it took a mere 2 days before a major obstacle surfaces on top of the fact that bug bounties and vulnerabilities were found just days before all of the mainnet activation happened.

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ARTICLES RELATED :


New article’s concerning SCAM MATYAS ZABORSZKY and these  accomplices:
- An investigation on the ICO « ADVISOR » SCAM, MATYAS ZABORSZKY on WN.com : https://u.wn.com/p/389695021/ 
- The “Fake” ICO/Blockchain Advisor Problem: Many ICO companies was a victim of this on cashing-direct.com  : http://www.cashing-direct.com/the-fake-icoblockchain-advisor-problem-many-ico-companies-was-a-victim-of-this/   


Some Article on Bitcointalk.org denouncing the scam Matyas Zaborszky:
1- An investigation on the ICO « ADVISOR » SCAM, MATYAS ZABORSZKY : https://bitcointalksearch.org/topic/an-investigation-on-the-ico-advisor-scam-matyas-zaborszky-4359527
2- Help us to stop the SCAMMER Matyas Zaborszky and these accomplices! : https://bitcointalksearch.org/topic/help-us-to-stop-the-scammer-matyas-zaborszky-and-these-accomplices-4388662   
3- The well known SCAM Matyas Zaborszky continues these scams in the ICO's sector : https://bitcointalksearch.org/topic/the-well-known-scam-matyas-zaborszky-continues-these-scams-in-the-icos-sector-4403143
4- WARNING : ICO Advisor Scam Matyas Zaborszky : https://bitcointalksearch.org/topic/warning-ico-advisor-scam-matyas-zaborszky-4370425 
5- EOS Hack May Result In Millions Of Investors Getting Scammed Out Of Tokens : https://bitcointalksearch.org/topic/eos-hack-may-result-in-millions-of-investors-getting-scammed-out-of-tokens-4403239 
6- SEC Obtains Emergency Order to Halt Scam ICO, ‘Blockchain Evangelist’ Charged : https://bitcointalksearch.org/topic/m.39176765  


Other links of articles on Medium.com denouncing the Scam Matyas Zaborszky and these accomplices:
1- 6 Outrageous Moments In Crypto Twitter Scam History : https://medium.com/@MatyasZaborszkyscam/6-outrageous-moments-in-crypto-twitter-scam-history-3f0e8532ab83
2- The “Fake” ICO/Blockchain Advisor Problem: Many ICO companies was a victim : https://medium.com/@MatyasZaborszkyscam/the-fake-ico-blockchain-advisor-problem-many-ico-companies-was-a-victim-5094b2e3161f
3- Wednesday, May 30, 2018, new scam of Matyas Zaborszky denounced : https://medium.com/@MatyasZaborszkyscam/wednesday-may-30-2018-new-scam-of-matyas-zaborszky-denounced-7d646a89719d
4- New complaint against Scam Matyas Zaborszky : https://medium.com/@MatyasZaborszkyscam/new-complaint-against-scam-matyas-zaborszky-833daeec2118
5- MATYAS ZABORSZKY SCAM! : https://medium.com/@MatyasZaborszkyscam/matyas-zaborsky-scam-aabac3379e15
6- https://medium.com/@MatyasZaborszkyscam/sec-obtains-emergency-order-to-halt-scam-ico-blockchain-evangelist-charged-2c3630a6a949
7 - https://medium.com/@MatyasZaborszkyscam/the-well-known-scam-matyas-zaborszky-continues-these-scams-in-the-icos-sector-2ec0be031b62
8 - https://medium.com/@MatyasZaborszkyscam/help-us-to-stop-the-scammer-matyas-zaborszky-and-these-accomplices-64a2c53b0943
9 - https://medium.com/@MatyasZaborszkyscam/eos-hack-may-result-in-millions-of-investors-getting-scammed-out-of-tokens-cfa6a816540e

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