EOS is kill kek

what a slow day. It's going to take off once news crypto sites start writing about it

though the guy that dosed is extremely inpatient. He should have waited till deposits on exchanges are on.

ARK and LISK do this in their sleep. And you know what happens? They moon everytime the network goes down.

yep it's not going to dump. Every time the price drops on bitfinex it's bought fast. EOS/blockone is obviously preventing the panic using their funds.
The attacker should really have waited for deposits, they wouldn't have enough money to prevent the dump.

I see your fear methhead

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This is why free transactions are a meme

Producers are working on it now. They are all shutting down nodes to downgrade to 1.0.3 (not sure if this 1.0.3 is for some thing else and not meaning mainnet at the moment). Will take 3 to 6 hours. The chain will be restarted from irreversible block 1027926.

Edit 1:

AT 9:56 UTC the EOS mainnet blockchain paused. At 10:01 UTC Block Producers and many Standby Nodes joined together on an international conference call to identify and fix the issue. At 10:57 UTC The choice was made that all Standby Block Producers would stop their nodes and backup any information that could helpful in diagnosing the problem.

At 11:02 UTC, a method to unpause the chain was formulated and is currently underway. Normal functions should be available within 3 to 6 hours from the time of the publication. Incoming connections to the network are not being accepted while the work is taking place. Please wait for an update from the Top 21 Block Producers before attempting EOS mainnet transactions.

Updates will be provided as they happen.

>block 1027926.
you realize this is 9 blocks after all the bps stooped forging except one r right ?

I have 5000 eos
What the fuck is going on?

what a fucking shitshow. fucking pathetic incompetence. just hodl... lmao

it makes me ill that the people on this board are actually this retarded. your IQ is a state.

>decentralized network
>nobody can shut it down
>censorship resistant

BRB guise, just pausing the chain

HAHAHAHAHAHA

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don't worry! normies haven't learned how to dump EOS yet

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Genuine question. If transactions aren't free even on something like Ethereum then why/ how would anyone use it for something like 'liking' on a social network dapp costs money, even a fraction of a cent?

You know I would say something like this is why you should always wait until they have a working product before you throw money at something, but then 99% of coins wouldn’t exist

explain. Eos sold most of their ethers on bitfinex, they likely have $1xxM there, and someone is buying millions worth in a very tight range.
If someone was actually looking to buy eos they would allow the dump to happen.

You're going broke

EVERYONE SHORT GUYS ITS THE CHANCE OF THE DECADE

only the drops will make you a millionaire eoy 2019

finally it's going down :)

holy fuck the absolute retardation of EOS normalfags

Update #2: BlockOne is issuing a patch in tag 1.0.5 which will be rolling out in the next few hours. The following steps will be taken:
A nodeos fix will be released.
The block producer nodes will be upgraded.
Blocks will be replayed until last irreversible block.
Block producers will sync to each other.
Chain will be opened up for public access.
medium.com/@eosnewyork/eos-mainnet-status-update-8e77ba960520

I'm sure the patch will be thoroughly tested :>

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God damn what is wrong with these people? Why not just rollback to 1.0.3? I guess they're just trying to keep it on life support so people don't realize just how disorganized and unprepared they are for the launch.

Apparently the bug is also present in 1.0.3 and probably all previous

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good hope the dev is tied to a stake ad burnt

>Updates will be provided as they happen.

here's an update eos is fucked

confirmed, the bug is since the launch
github.com/EOSIO/eos/pull/4158

at least now they know where the bug is

top kek

these main net launches are priceless. fuckers do not have any idea how to code. two shitcoins on fire today and many more to come when they get their 'products' 'working'.

and the dumb 'investors' call bitcoin a dinosaur tech, kek

> this is why you should always wait until they have a working product before you throw money at something
That's a bit the opposite of my philosophy. Release of working product approaches? RUN.

I would short this if I knew how its a shit project all the news coming out is negative once the price drops the founder will cash out before long

ITT: fud fags

HAHAHA the guy that dosed the entire network did it with 0.7EOS only
eostracker.io/accounts/gu2tembqgage
you can't make this shit up

> eth killer

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>everyone has to agree to downgrade and resync
I'll enjoy watching block.one and anyone who thinks EOS isn't just an unregulated money laundering cartel try to talk their way out of this one

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There's nothing wrong with this, it happens. Just didn't happen on ETH because it's a copy of BTC with a few changes to allow for smart contracts, BTC had moments like this too when it started.
If the software run by nodes is faulty then a decentralized chain can 'pause' until the software is fixed.

Even ethereum having plasma + sharding, and all other chains like Zilliqa, NEO etc WILL NOT reach over 10k viable TPS anytime soon. Maybe ethereum might start doing over 10k in year 2030 and still even 100kTPS is not anywhere near enough for numerous comercial scale DAPPS like a facebook or a twitter, because of the number of transactions in votes, posts, retweets, etc... Not to mention paying fees for every transaction is retarded and the EOS model is much more ideal.

EOS will scale to over millions of TPS with interchain communication within paralel chains.

All you ETH fags will be fomoing when the VCs start pushing out project after project and the demand for EOS skyrockets. It's not that you don't believe in EOS, it's that you don't want to understand the DPOS BFT model. There's 200 BPs and stand-by nodes not to mention validator nodes so the 21 BPs actions are heavily monitored.

DPOS has been seen working on Steemit, Bitshares, Ark, Lisk. EOS is made by the inventor of DPOS, look at Dan Larimers track record.

Only weak hands and brainlets are dropping their coins right now.
Don't buy EOS on this dip, STAY POOR

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>Just didn't happen on ETH because it's a copy of BTC with a few changes to allow for smart contracts
no it's not, it's completely new software.

>w-why are people abusing handouts??
Socialism btfo for the 124385th time.

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BAHAHAHAHAHAHHHAHAAHA

>look at Dan Larimers track record.
Releasing products then fucking off? This isn't ICO stage nigger. He already put the product out.

He didn't 'fuck off', he left them because there was nothing more he could do for them. What he needed to spend the rest of this life on Steemit?

He has said on telegram he would from now on devote his time building EOS up and developing EOS dapps.

He has also said he was working on making Steemit 2.0 on EOS. Which will probably be airdropped too.

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LMAO. ZERO TPS.
>Bu-but it's the future
>muh Ethereum killer

it's alive now
how long till new crash? one-two weeks would be ideal

I can actually see the sweat dropping off your forehead from here. You are talking about 10k TPS. It's literally ZERO right now. EOS suicide threads should be coming any day now.

this has 60x the market cap of ark

kek

btw you do realize that Vitalik literally showed up at Dan's github and told him how to fix his shit on DPOS, right?

B-but we can vote for new BPs

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> who's the s o y boy now, dan

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Vitalik wrote about technical details of the project, not your pajeet level shitposting.

Already beat ETH's Max TPS

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eth could implement casper tomorrow. it just has a very cumbersome and slow consensus and testing process. there are fuckers dragging their feet who are important for true consensus.

Dear Brainlets, this is why Chad Hoskinson has implemend a development process that puts this shitshow with vulnerability after fucking vulnerability to shame. Cardano is chewing through roadmap goals like a Norwegian tunneling machine through solid granite. Rather than the EOS slapdash to be first to market, the relentless and slightly less rapid Cardano development process is creating the ultimate platform which will launch solidly... none of this EOS style clusterfuck. Sincerely, the free market.