The EOS blockchain is set to release nowadays, June nine, in keeping with the effects of a live-streamed vote that passed off the day gone by, June 8.
applicants to grow to be the EOS blockchain’s so-referred to as “Block producers” – the equivalent of miners on the Bitcoin blockchain – voted “move” in their trendy balloting session to make the EOS mainnet cross live at 1:00pm UTC nowadays. The network has but to affirm that a a success release has taken region as of press time.
The news comes per week after EOS’ author, blockchain software program developer Block.one, launched model 1.zero of the blockchain protocol EOSIO to the public. The EOSIO software is designed to allow corporation-level and “community-pushed” corporations build scalable blockchain-based totally programs.
EOSIO, which commentators anticipate to compete without delay with Ethereum (ETH) as a protocol for constructing decentralized programs (Dapps), additionally received a brand new raise of investment final week. The equal day Block.one launched EOSIO 1.zero to the general public, the corporation introduced the release a $50 mln fund to help the improvement of the EOSIO “ecosystem”, in partnership with London-based totally blockchain investor, SVK Crypto.
On June 1, Cointelegraph said that EOS had finished its yr-long token sale, elevating a document-breaking $four bln to emerge as the biggest initial Coin supplying (ICO) in records.
EOS is presently the 5th largest cryptocurrency by means of marketplace capitalization, with a market cap of $12.eight bln. The coin has seen simply over 3 percentage boom over the last 24 hours to press time, buying and selling at $14.37.
