EOS Blockchain Mainnet Officially LIVE: 15% Votes Passed via Token Holders

EOS Chain Goes Live with EOS Canada, EOS Authority, EOS Dac, EOS New York and EOS Café Calgary in Lead!

The long awaited, EOS Mainnet, an initiative created by Block.one that invests in individuals and companies that come up with innovative tech-based projects, is live today, June 14, 2018. The voting has commenced since 18:46 UTC.

The success of the blockchain comes from over 150 million supporters who were in favor of it going live and elected the first set of block producers, 21 altogether.

According to CoinDesk, several disputes stemmed during the testing phase, where two groups were against each other, resulting in a delayed launch. Despite the uncertainties, EOS has overcome this hindrance, and block producer candidates have voted in favor of the blockchain launch. The entire process has been completed in a unanimous fashion. The moment the chain went live, block producers took to their original identities on the MainNet.

As for the votes during the activated EOS chain, it appears that that the top five organizations, under which the block producers have registered, with the most votes include EOS Canada, EOS Authority, EOS Dac, EOS New York, and EOS Café Calgary.

Here is a quick breakdown of what each organization supports, and the statistics of the voting provided by Crypto Lions.

EOS Canada, (42,591,272 EOS) 3.49% of votes

EOS Canada is backed by Canadian financial agents. The firm was created by serial tech entrepreneurs and believes that EOS.IO will help to redefine economic and social systems. According to the claims made, the team is currently in the works of testing the community TestNet, and developing the BIOS Boot Sequence, leading to possibly becoming a hub for individuals and companies eager to create DApps.

EOS Authority, (39,892,202 EOS) 3.27% of votes

A UK based firm, EOS Authority’s mission is to help expand the EOS network. Their goal is to provide the necessary solutions to overcome any technical concerns, including scalability, security and jurisdiction.

As for its future goals, it appears that the firm wants to invest in “dedicated servers based in UK”, and as a first step, EOS Authority will be hosting entirely on the Amazon Cloud (AWS) to better understand the needs of the EOS Network.

EOS Dac, (39,160,749 EOS) 3.23% of votes

EOS Dac, also referred to as the Decentralised Autonomous Community, will be working towards increasing accessibility of blockchain, while developing tools and smart contracts essential for the EOS network. The team behind this project will make it an evident step to abide by legal and financial interfaces, which satisfy global regulations. Without this step, the DAC will not operate.

EOS New York, (35,611,935 EOS) 2.94% of votes

EOS New York was established on focusing on the following key factors: transparency, flexibility, protection of capital assets, protecting the EOS network from possible scams, hackers and other hindrances that can bring damage and ensuring that every measure taken follows local laws and regulations.

EOS Café Calgary, (34,995,735 EOS) 2.89% of votes

EOS Café Calgary is a block producer candidate the claims to help increase the adoption of EOS. Their efforts will revolve around educating users, while building Dapps to help enhance the EOS network. In addition, factors like security and scaling of EOS will also be considered, which are growing problems within the blockchain space.

To keep an eye out for the voting, go to: http://dev.cryptolions.io/mainnet/#home

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Second Half of 3-Yr Bull Market: Ether’s Crazy Run has 90% of its Supply in Profit

This past weekend, the price of Ether went past $400 to as high as about $420, a level last seen in July 2018. This...

Teenage Mastermind Behind the Twitter Hack Owns $3.39 Million in Bitcoin (300 BTC); Bail Set At $725k

The 17-year old Twitter-hack mastermind holds over $3 million in BTC value with only $725,000 set for bail. In a bizarre moment last month, Twitter...

Bitcoin (BTC) Jumped to $100,000 on Binance Futures

There have been several predictions that see Bitcoin hitting a six-digit figure. On Sunday, this became a reality, very briefly, thanks to an algorithm. Bitcoin...

Flash Crash Caused Serious Network Congestion for ETH, ETC, And ERC 20 Tokens on Coinbase

On August 1, the Ethereum's blockchain faced a spike in network transaction fees, causing a backlog in transfers across several exchanges. Coinbase and Binance,...

Bitcoin’s Wild Weekend Reminiscent of 2017 Bull Rally, ‘Higher Highs Ahead in 2020'

This past weekend, bitcoin had a rough time as the largest cryptocurrency made its way past $12,000 to $12,112 in trading just after midnight...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today