EOS blockchain needs an emergency patch

An apparent bug in the mainnet software resulted in the network pause thus EOS creator is developing a software patch
16 June 2018   277

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

Poloniex to List EOS

Trading pairs EOS / BTC, EOS / USDT and EOS / ETH will be added on August 1
01 August 2018   157

The Poloniex exchange listed EOS cryptocurreny.

Since acquiring Poloniex five months ago, we’ve primarily focused on improving the core product experience and stabilizing the performance of the exchange. We improved deposit and withdrawal reliability, updated our customer onboarding process and cleared over 175,000 legacy support tickets. We are now also investing in new ways to grow Poloniex into a premiere destination for crypto asset trading — the addition of EOS is just the first step. [...] At this time, we are only planning to support EOS mainnet tokens and will not be accepting deposits of the ERC-20 variant or providing conversion to mainnet tokens. In addition, we will not be supporting EOS airdrops for the time being.

Poloniex Team

Users already can input / output coins. Trading pairs EOS / BTC, EOS / USDT and EOS / ETH will be added on August 1.

Earlier, EOS took the first line in the third rating of the Crypto-Currency of the Center for the Development of the Information Technology Industry of China (CCID).