EOS block producer candidate has reported an unexpected pause of the mainnet at 9:56 UTC. This came as a shock because the network failed in less than 48 hours of uptime - the mainnet was activated on June 14. At 10:57 UTC standby block producers switched their nodes off and backed the network state up. At 13:02 UTC developers identified the problem and EOS creator Block.one is developing a patch.
The patch will introduce the software release 1.0.5 with a nodeos fix. Block producers will have to upgrade their nodes, replay till the last irreversible block (1027597 block), sync between each other and finally reopen the chain to the public. EOS has migrated from the Ethereum blockchain to the one of its own providing a groundbreaking developing platform for dApps with "unprecedented functionality, scalability and transparency". At the moment of publication, EOS market characteristics are as follows:
|Average price||10.47 USD|
|Market cap||9,383,581,332 USD|
|Volume (24H)||734,884,000 USD|