EOS DOWN!! time to panic? by cryptoslicex

eos · @cryptoslicex · Jun 16 '18 (edited)

$1.37

EOS DOWN!! time to panic?

What happened
EOS blockchain has come to a grinding halt due to a bug in the software, The network has been paused and all the block producers have now been notified. The mainnet was stopped at 9:56 UTC . Atm block.one are working to resolve the issue. Block.one said "the root cause was due to how deferred transactions were handled". Once the problems fixed they will replay from block 1027597 and then sync with all the block producers and reopen the chain. 

What to do.
Nothing. FUD will be sky high , the haters are going to hate. This is not a huge issue and block.one said there will be issues with EOS when it launches. Block.one built in protection these events, The block producers have the power to pause and fix the block chain in events like this. The price hasn't moved which is a form of proof that isnt a huge issue. People are going to hate and say that EOS is doomed but look what happened to Ethereum a few months ago someone locked 100s on million of dollars and people out of there Ethereum and is Ethereum doomed no. As Dan Larimer said there is no such thing as perfect code so he built a way to pause fix and replay any errors that occur on EOS.


My website: 
https://www.satoshiscoop.com/

Cryptoslice Facebook: 
https://www.facebook.com/cryptosliceaustralia/

This is not professional financial advice please do your own research before making any investments.      
![EOS.jpg](https://cdn.steemitimages.com/DQmbTTc9tof6TfYZ5nNyBYufwmdVotNYuU3bqMH5LrnEcb6/EOS.jpg)

👍 ausbitbank, centerlink, mrsquiggle, choogirl, benleemusic, builtinfire, teamaustralia, positiveninja, cryptwo, sbi4, terrylovejoy, revo, niouton, webcoop, gamersclassified, bobdos, shanepants, yateszey, steemfunbet, westcoasteagles, chrisdavidphoto, mikepedro, waliyurrahman, sue-stevenson, cryptoslicex, jordan.white306, masterwu, bec-on-the-block, melbourneswest, vincy, lifeofryan, jason.che, lifeobserver

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properties (23)vote details (33)

voter	rshares	pct
ausbitbank	336,817,346,276	5%
choogirl	15,999,105,312	2.25%
gamersclassified	678,787,815	2.25%
mikepedro	546,518,918	7.5%
teamaustralia	3,447,433,993	5%
centerlink	87,180,204,178	15%
chrisdavidphoto	567,179,202	1.12%
revo	1,349,998,589	15%
mrsquiggle	74,909,529,549	20%
webcoop	1,213,928,546	7.5%
masterwu	171,204,521	4.5%
bobdos	652,818,155	1.5%
cryptwo	1,523,407,323	13.5%
jordan.white306	259,033,061	100%
bec-on-the-block	166,340,871	7.5%
terrylovejoy	1,416,427,023	3%
benleemusic	13,035,891,920	5%
positiveninja	2,026,051,165	7.5%
builtinfire	11,981,768,118	100%
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cryptoslicex	324,723,162	100%
lifeofryan	118,281,396	7.5%
sbi4	1,432,282,891	1%
vincy	160,882,630	3%
sue-stevenson	371,970,605	7%
niouton	1,295,975,260	6%
lifeobserver	73,136,432	13%
waliyurrahman	533,276,850	100%
westcoasteagles	600,489,132	100%
jason.che	101,392,422	7.5%
steemfunbet	609,701,199	100%