EOS Weekly Round-up by eos.fish

in #eos7 years ago

EOS mainnet has launched with more than 4 billion Dollars already contributed, with the mainnet launch brought the need for block producers. Block producers are entities responsible for the transaction validation and governance of the EOS ecosystem. EOS wanted to allow contributors the choice of who was going to govern them, moving responsibility onto the contributors to ensure a majority happy community, if an issue had to occur then users would be held accountable for the producers they voted it. Only 21 EOS miners will be made Block Producers, who these 21 entities are is up to the community. Voting is already in progress, users with verified EOS tokens can still cast their vote. To ensure your coins are verified you can head over to https://eoscountdown.com/ and utilized the verification tab to the furthest left of the screen, entering your wallet address only- do not enter your private keys.

EOS Voting.

The first 21 Block producers have officially been voted in due to the 15% of 150 million tokens threshold being met. Users can still cast votes at a variety of place including, http://vote.liquideos.com/. We ask users to be careful of where they enter their wallet addresses and never to enter your private keys anywhere online, as phishing scams have surfaced catching out unaware users with something as simple as changing the o is EOS to a ó, many other sites have used this technique in their phishing attempts. Be vigilant, with all the EOS hype and voting requirements; this is the perfect time for hackers to take advantage of an unaware victim- don’t be one of them.

Frozen accounts.

Due to the nature of the phishing scams and the threat they pose to the community, EOS block producers took it upon themselves to unconstitutionally clear things up. The reason we call this unconstitutional is because they had not discussed their decision with the Arbitration, EOS Core Arbitration Forum's ,but instead went ahead and then informed them of their resolution. Elected Block Producers from around the world jumped on a conference call to discuss the situation and how they could find a solution to it, finally co-deciding to freeze these fraudulent accounts. The freezing of these accounts is on a moral principle that they were stolen through the phishing sites as mentioned above, as to avoid these scammers getting away with robbery, the decision to freeze them was a simple solution to a complicated issue. The accounts are merely frozen until the ECAF make a clear constitution in which protocols can deal with these types of troubles. It is safe to say Block Producers were only trying to protect honest token holders from having their rightful funds stolen.

Blockchain Blackout.

The EOS blockchain came to a halt as of June 16th at 9:56 UTC, Block Producers then took it upon themselves to join in on a conference call to yet again discuss these issues at hand. Block Producers then agreed a backup would be best to insecure no information could be tampered with or changed. An EOS authority made a public apology referring to the Blockchain pause as a bug that they were working to fix, five hours after this the blockchain blackout was fixed and transaction began processing. Although notice and responses were quick, user felt a few hours backlog that caused a community conversation to occur questioning the strength of the project they had invested a year's worth of time and funds into.

EOS.fish news

EOS.fish is currently competing to represent the EOS community, accumulating more than 22.7 million votes as the ranking stand. If you believe in the power EOS.fish holds and our passion for excelling EOS in all elements of the blockchain ecosystem; then vote for us now at http://vote.liquideos.com/, we are under the name of EOSFISHROCKS and are only a few positions away from becoming the Block Producers we deserve to be. EOS.fish is eager to become a blockchain promoter and stimulate the development and innovation of the EOS industry. Our goal is to be at the forefront of the global adoption of EOS, providing a combination of hardware and community education. We regularly host meetups to grow our communities knowledge and pioneer the future of EOS. Marshall Long, co-founder of EOS.fish, recently guest starred on a podcast discussion with the reputable Bad Crypto Podcast to explain our mining beginnings and how we wish to welcome more to the EOS ecosystem. Get insight into our platform and find out what we are doing to evolve EOS below: http://badcryptopodcast.com/2018/06/20/marshall-long-142/