EOS to be Officially Live Now

EOS raised more than $4 billion during an almost year-long initial coin offering
15 June 2018   927

EOS blockchain is officially live now.

César Rodríguez Twitter
César Rodríguez Twitter

The threshold required for appointing operators which will maintain the functionality of the blockchain was 150 million votes in the evening on Thursday, which allowed to complete the week-long process of launching the network of the fifth largest crypto.

Thus, the software for which Block.one raised more than $ 4 billion via ICO, which lasted almost a year, was presented to users. 

This happened after a week of evaluation and testing of the network by candidates for the role of block producers from all parts of the world. Although several critical vulnerabilities were identified during this phase, due to which the launch date was postponed, on June 9, the candidates gave green light.

According to the project plan, two thirds plus one candidate had to vote for the launch of the network in order to initiate a further process, during which additional validation was carried out, block producers were appointed and holders of 15% EOS tokens were approved.

As soon as these 15% were collected, 21 block producers were approved and the chain was launched. The process took more time than many expected, which is explained, among other things, by security considerations.

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   2426

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.
 

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.