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   895

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

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   200

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.