EOS chain paused - FAIL

[Anonymous No.9911368]

>Kevin Rose - EOS New York.
>"The chain is paused. All BPs are on it." "It's under control."
>"Not fixed yet. We will release exactly what happened once we're sure. We are taking action right now."

Hahaha, this trainwreck.

EOS literally gets paused by 21 parties, whole chain is paused. Whatever happened to immutability and decentralization. EOS is a joke of a blockchain and it's actually starting to look like this whole thing will come crashing down much sooner than I thought.

Solid A+ 10 billion dollar product here.

The shills on /biz/ kept calling for 1000 functional dApps on release and refuting the worries of there not being a core wallet, voting system and generally just fucked up collusion going on with the BP's.

Jesus what a shitshow.

[Anonymous No.9911442]

>>9911368
dpos is a failed experiment
unless it has a randomization aspect like MAN or IOTX it will never work

[Anonymous No.9911445]

>>9911368
whole voting system fucks it.

[Anonymous No.9911461]

>>9911442
It's insane really how stupid EOS investors are, they don't understand how decentralization works. How can they not see how they're getting scammed?

You have 21 people all getting together to solve problems with each other in backroom chats, developing relationships with each other...you quickly realize these people are securing billions of dollars they don't own and will "work together" to protect their own interests.

EOS's so called ability to move fast to fix these things is a symptom of it's biggest underlying problem.

This shit is just as bad as XRP.

[Anonymous No.9911483]

>>9911368
pause the chain???

HAHAHAHAHA

[Anonymous No.9911486]

PLEASE POST LINK PLEASEEEE

[Anonymous No.9911487]

>>9911368
>believing in anything that has to do with NYC
thats your main problem anon. even if a restaurant has the words "New York" in it, don't go in because itll be shit

[Anonymous No.9911491]

>>9911442
>dpos is a failed experiment
I would hesitate to say that, BitShares could be viewed as a success, but the problem is scale. And now that it looks like, on the one dimension where they claim to excel over ETH, guess what, they are years behind, oh and also, EOS is not and never will be decentralized. So, 4 billion dollars just went down the U-bend, all EOS is good for at this point is all the ETH is holds. Stupid fucks you got Larimered.

[Anonymous No.9911509]

>>9911461
A post which is not retarded, kinda strange.
I understand eos "investors" and their delusion, but you must be exceptional normie to believe that 21 block producers constitute as decentralization.
Eos basically made slower visa, by throwing out decentralization.
You can hate eth and skelly, but you must admit that eth "just works" ™ and is de facto platform for all crypto derivative projects

[Anonymous No.9911516]

>>9911491
yep, dpos is going to work just fine as a consensus model for eth sidechains like what loom is offering
eosfags will get to see free scalable commercial apps, it's just going to be on the network they shunned because of their greed

[Anonymous No.9911521]

>>9911368
>"The chain is paused. All BPs are on it." "It's under control."
I'm not saying don't trade this coin but if you believe in this project or think this is how a decentralized shitcoin should operate just kys.

[Anonymous No.9911523]

>>9911368
I was warning EOS fags about the fact that EOS was barely in beta phase when it ran on the ETH chain safely as erc20. I got responses like these, obviously it ain't November yet but it is already coming true.

Greets to whoever the EOS retard was in that thread.

[Anonymous No.9911539]

>Mainnet chain paused for 3-6 hours

[Anonymous No.9911543]

if you didnt sell this on "mainnet" you are a brainlet

[Anonymous No.9911563]

>>9911461
bitch please, XRP swamps EOS anyday

[Anonymous No.9911710]

EOS starting to dump now.

[Anonymous No.9911722]

>>9911368
Wtf is pausing a change? Lmao

[Anonymous No.9911734]

>>9911722
Chain*

[Anonymous No.9911736]

>>9911710
Wait for the block.one pump to save the day (again)

[Anonymous No.9911737]

how do you pause a decentralized chain.....................hahhaahahaha

[Anonymous No.9911741]

>>9911722
Image stopping the Bitcoin blockchain. Chaos!

[Anonymous No.9911745]

>>9911491
dpos is working fine for ARK. EOS is just a failed chinkcoin

[Anonymous No.9911753]

>>9911368
stfu fud fag

[Anonymous No.9911757]

>>9911736
Why the fuck would they buy their own scamcoin?

[Anonymous No.9911771]

>>9911741
That's the real vision of satoshi, i fucking knew it

[Anonymous No.9911793]

ITT: eth brainlets circlejerking

[Anonymous No.9911801]

eos is easy $50 on launch though

[Anonymous No.9911805]

>>9911741
>Image stopping the Bitcoin blockchain. Chaos!
Literally happens constantly, for about ten minutes at a time.

[Anonymous No.9911868]

>>9911753
>>9911793
How is this FUD? You don't find it at all alarming that the fundamental properties that make block chain desirable are somehow absent? You don't control your own funds, they can be taken from you LOL

[Anonymous No.9911895]

Kek

[Anonymous No.9911900]

>>9911461
Best post in bread

EOSfags will rip in pieces

[Anonymous No.9911915]

>>9911868
It is a feature...you can pause the chain anywhere and anytime. Bullish as fuck

[Anonymous No.9911970]

>>9911915
Having a centralized authority and a muteable blockchain are features? But why would you want these things? As another anon pointed out you could just use VISA.

[Anonymous No.9912027]

How the fuck is the whole market dumping and EOS not responding to this news at all?

What the fuck is wrong with the crypto market.

[Anonymous No.9912028]

>>9911970
Who cares about the tech? Basically nothing in decentralized anymore and everything is flawed with fatal codes

[Anonymous No.9912040]

>>9912027
Top 1% wallets is holding more than 90% of the coins right now. This shit will forever he overvalued as fuck. The majority of reputable person in the crypto person is in favor of EOS

PS: Not holding a single one of this shitcoin

[Anonymous No.9912256]

>>9911737
>>9911737

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

[Anonymous No.9912321]

>>9912256
>EOS will scale to over millions of TPS with interchain communication within paralel chains.

Sorry your chain is paused right now. Stay tuned.

[Anonymous No.9912439]

>>9912256
>Just didn't happen on ETH because it's a copy of BTC with a few changes to allow for smart contracts
Ethereum is completely new code, check your facts