EOS Mainnet May Fire Away Within Hours

No critical bugs found and the coming network meeting may initiate the launch

Fri, 8/06/2018 - 9:23

Cover image via U.Today

One more day delay hardly matters when an event like the release of new EOS network is about to happen. So another day of tests passed and now the community expects that the next block producer (BP) discussion will see a “go” decision.

EOS Mainnet Launch Update - 1300 UTC call: the security audit is not finished but no show-stopping bugs have been found. Next joint call at 0100 UTC may yield a “GO” decision. If a “GO” decision is made a joint statement will be drafted and released with instructions. #eoslaunch pic.twitter.com/oHCEQBP8YP
— EOS New York (@eosnewyork) June 7, 2018

EOS is floating in quite a bullish market sentiment, the forecasts are high, despite the short delay of the release

When the thing finally happens, the wallet, the voting protocol and the whole EOS network may take a while to start operating stably.

The media reports that more than thirty distributed applications are prepared to launch inside the EOS network to compete with traditional apps.

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No barriers to launching in sight

Dan Larimer, the EOS co-founder, is also contributing to the discussions. Reportedly, he believes there are no hindrances to releasing the mainnet. Besides, it was he who launched the bounty program early this week to reward any new bugs found.

However, BlockOne has not yet shown any signs of preparing to support the EOS network. Anyway, the platform is in possession of $4 bln in Ethereum raised during the ICO and that amount would be enough to use in this case.

The market sentiment

Over the past 24 hours, the EOS rate has shown a small upward movement in Asia, rising by around three percent to reach $14.54.

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About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.