Author: Gan Jia Ci
The EOS blockchain came upon a few roadblocks just less than a week into the official launch.
According to the EOS network monitor, after a disruption due to certain technical issues on 16 June, the EOS blockchain is up and running again.
On 16 June, the top 21 block producers (BPs) released a status update on steemit, claiming that the EOS mainnet blockchain was “paused” and many Standby Nodes were moving to identify and fix the issue.
EOS candidate EOSUK tweeted that the EOS network monitor showed multiple red displays of BPs which meant that their application programming interfaces (APIs) were not working.
Lots of RED on the EOS Network Monitor as EOS Mainnet Crashes, DDoS Attacks on top voted BPs suspected. More reasons to spread your votes around https://t.co/ltZr8FqLBd #EOSMainnetCrashed #EOSVote #EOSIO #EOSUK #BuyTheDip pic.twitter.com/Y3AUJqqdlZ
— eosuk.io (@eosukbp) June 16, 2018
The EOS mainnet disruption invited many critical comments from investors. Jackson Palmer, the creator of Dogecoin, took it to Twitter to criticise the “pause” that happened less than two days after the EOS mainnet went live.
…and this software had $4B in funding. Making it hard to not be critical folks 🤔 https://t.co/Z93qpkbxcS
— Jackson Palmer (@ummjackson) June 16, 2018
On 1 June, EOS became known as the project that raised the largest ICO with an amount of approximately $4 billion. Trading at $10.27, EOS is currently the 5th leading coin listed on CoinMarketCap with a market cap of $9.2 billion.