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EOS May Have a Go Decision Within Hours

Published 06/08/2018, 01:16 AM
Updated 06/08/2018, 01:21 AM
 EOS May Have a Go Decision Within Hours
ETH/USD
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The EOS launch took another day of tests and discussions, but the wait may be finally coming to an end. EOS New York has set the expectation that the next block producer meeting could give green light to the launch.

https://twitter.com/eosnewyork/status/1004721469820108801

The mood around EOS is extremely optimistic, setting high expectations, and the relative delay of the launch has not damaged the reputation of EOS, at least with its holders and supporters. After the eventual “Go“ vote, it may take some time for the wallet, voting mechanism, and the entire EOS ecosystem to run smoothly. Reportedly, there are over 30 distributed apps ready to launch in the EOS ecosystem, with real-world applications and enough speed to compete with traditional apps.

Dan Larimer, the project’s founder, who is in no way a formal leader, also participates in the discussions, and in the latest call, he stated he sees no obstacles to launching. In the past days, the EOS code saw several bugs fixed by third parties as part of the bounty program.

One of the criticism against EOS is that BlockOne has not expressed any readiness it would set aside funds for supporting the EOS ecosystem. In any case, the ICO haul, estimated as $4 billion in Ethereum, would need to be sold or exchanged in some way to be usable. Some believe the funds may be used to support distributed apps launching on EOS.

The EOS market price had a small rally on the Asian markets, appreciating by about 3% in the past 24 hours, to $14.54. The slowdown and the need to hold onto the tokens until the blockchain is created has not managed to kill the prices.

!EOS!

EOS is up more than 18% in the past week, and was once again one of the few assets to survive a market shakedown.

In the meantime, EOS Classic has not come up with further announcements, except for the promised start of Ethash mining from June 9. The project has a very small following, and it is unknown where the asset would be traded, at least in the short term.


This article appeared first on Cryptovest

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