The launch of the EOS blockchain has been a giant experiment in remote self-organization.
EOS is a distributed proof-of-stake blockchain created by Block.
As the software approached release, a group of organizations vying to serve as block producers found each other and formed the EOS Mainnet Launch Group.
They have so far managed to agree on a number of things, most importantly that they would launch one mainnet for EOS. Well over 100 candidate organizations participated in a call that started gathering at 1:00 UTC Saturday and the vote occurred roughly 45 minutes later, as over 1800 people watched.
The meeting was streamed on YouTube by EOS GO. With this vote, a set of appointed block producers will move to take the network live.
According to the EOS Mainnet Launch order of events, initiation of the network by appointed block producers will be followed by at least 48 hours of additional testing.
Barring major bugs, EOS holders will then be invited to vote for a set of block producers.
EOS goes live once 15 percent of tokens outstanding have been staked to votes and the first set of elected block producers have been established.
Will the ones who don't secure a coveted validator spot honor their promises or will they move to launch a rival version EOS?
SpaceX Hispasat 30W-6 Launch photo is public domain.
The Yes Votes Are In: EOS Blockchain to Launch Imminently
Udgivet den Jun 9, 2018
by Coindesk | Udgivet den Coinage
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