EOS Freezes Two Days After Going Live

EOS Blockchain Froze

After getting overwhelmed by an almost-unanimous affirmation from the EOS community, the said blockchain was finally launched last week. Turns out, it froze after only two days of going live.

It didn’t even take 48 hours for the EOS Mainnet to experience its first major setback. Many reported of the mainnet having “paused,” with many transactions appearing to be frozen. The reason is still to be confirmed, but EOSUK, one of EOS’ Block Producer (BP) candidates, suggested that it could have experienced a DDoS attack.

Another report said that it was a bug which caused the network-wide freezing of all transactions on the said blockchain. As revealed in the details, the bug was responsible for how deferred transactions were handled.

The top 21 of EOS Mainnet’s Block Producers claimed to have formulated a solution to “unpause the [block]chain,” even going further as to declare that the blockchain would resume its normal operations three to six hours after the time of publication.

The said blockchain has taken the world by storm, as it still holds the record for the most-funded Initial Coin Offering (ICO), amassing a staggering approximate of $4 bln before its launching. As of press time, the coin is trading at $10.53 according to CoinMarketCap.

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