EOS Network Freezes Two Days After the Network Goes Live
Less than 48 hours after the blockchain went live, the EOS network encountered a bug that stalled block production.
Though the issues were fixed within hours, a 5-hour pause in the network was not something the team would have anticipated.
The fix was released by Block.One on GitHub and has been verified by Block Producers and Standby nodes. At 14:48 UTC on June 16. The blockchain was launched and the company issued a statement summarizing the entire error correction process.
…and this software had $4B in funding. Making it hard to not be critical folks 🤔 https://t.co/Z93qpkbxcS
— Jackson Palmer (@ummjackson) 16 June 2018
Block Producers and Many Standby Nodes had a conference call to detect and resolve the problem. About four hours later, the Telegram channel reported that the Mainnet was live.
EOS is currently the highest-funded initial coin offering (ICO) ever, raking in an estimated $4 billion before its launch. It intends to compete with Ethereum as a platform for decentralized applications.
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