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Addressing the EOS Whale in the Room
Cryptocurrency & Blockchain

Addressing the DPOS Whale in the Room

Since EOSIO was announced the Delegated Proof of Stake system it uses has come under scrutiny. This is due to a vulnerability which could possibly lead to a cartel controlling governance of the entire blockchain. Due to this possible vulnerability the topic of block producer voting is a largely debated...
eos token burn
Cryptocurrency

34 Million EOS Tokens Burned as Per the Proposal by EOS Nation

On the 22nd of April 2019, prominent EOS block producer, EOS Nation, made a proposal to burn' over 34 million EOS tokens.The proposal was accepted by the their fellow block producers shortly after. Today, May 8th 2019, the proposed transaction was executed, and the 'eosio.saving' account sent 34,171,037.4625 EOS tokens,...