EOS Block creator EOSHenzen is the 59th largest block producer and was accused of creating multiple EOS accounts and violating other rules according to the members from the community and other block producers. Let’s find out more about this information in the EOS news today.
As per the reports:
“When threatened with removal, these sockpuppet Block Producer accounts created … perfunctory, superficial websites (within 1 day) to ‘conform to standards’ in order to avoid removal. Same site design. Same title font. Same non-existent information. They’re the same BP.”
Before this, AlohaEOS and other producers wanted to remove the six accounts on the grounds that they don’t have a website or means of contact. Also, in order to be compliant with the part of the bock producer agreement, the accounts registered a few websites that were registered to the EOS block creator EOSHenzen. The alleged accounts of the block creator didn’t attract enough votes to become the top 21 or active block producers. They have no power but they also collect financial rewards up to $300 of EOS per account each day.
EOS’s constitution and block producer Agreement does not forbid the block producers from creating multiple accounts but it seems that by doing this, they will abuse the entire system. Given that the block producers are keeping their stance, it is possible that a future vote will be held to remove the sockpuppet accounts. EOS New York has also alleged that the crypto exchange platform Bithumb is responsible for funding the voting proxy that will support the six accounts. Bithumb was only voting for block producers since June but EOS New York was not available for comment on why their linked transaction is out of order.
Some of the EOS users are advocating for a permanent change to the EOS voting system with one token, one vote system that will ensure that voting for a single block producer will carry more weight than voting for multiple block producers and this will discourage sockpuppets in the future. There is another option as well. Block.one, the company behind EOS, announced the plans to vote for block producers since it holds 9.5% of the EOS supply which gives it a small but significant amount of power.
EOS.IO ‘’Voice’’ Social Network Has An Official Launch Date
“Voice Tokens are conceived as the gateway to all forms of promotion and advertising on the platform.”Voice will not be an anonymous platform but a transparent one. It will ask users to identify themselves in order to publish content, thus eliminating fake accounts, catfishing, and bots.
“By allowing users to see who and how much is behind promoted content, it makes promotion more engaging and less manipulative,” Block.one states.Voice will compete with few crypto reward systems. Steemit, created by EOS founder Dan Larimer, is a certain forerunner of Voice. Brave, Coil, and Minds all share certain similarities- the crypto reward system- with Voice. Libra is another platform that could be compared although it is not a reward token, it will be a part of the famous Facebook social network, the Empire of Mark Zuckerberg.
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EOS Voice Beta To Debut On Valentine’s Day 2020
“We’re in the midst of an ongoing, open conversation with legislators and regulators to make sure Voice is ready for users.”The company also claimed that the new platform will “cut out opaque one-sided data auctioneering, eliminating hidden algorithms and cycle value back into users’ hands in the form of the Voice Token.”In the other news, we can see that the subsidiary of eToro, eToroX, recently decided to list the EOS cryptocurrency on its exchange. However, we can see that the price of EOS has not moved much as a result of this listing.In fact, the market update shows that the price of EOS dropped by 67% ever since Block.one announced the Voice project in June this year. Right now, EOS trades at $2.75 and is down by 4% in a week and 25% in a month. The price of the cryptocurrency, however, is still up by 24% this year.The other altcoin news today show that the leader in the top 10 is Litecoin (LTC) with a 2.47% increase, followed by Cardano (ADA) which also surged by more than 2% on the day.
eToro Subsidiary eToroX Now Lists EOS On Exchange
“We believe that we can leverage blockchain technology to open up financial markets. The flexibility, scalability, and secure processing capabilities of the EOSIO protocol significantly help the push towards mass adoption, which is an integral part of our ethos. We are extremely excited to add an EOSIO-based crypto asset to our secure and regulated exchange. The launch of yet another blockchain protocol shows how the eToroX Exchange is continuing to grow and expand into a significant presence in the cryptosphere.”EOSIO software powers the EOS smart contract platform and the entire decentralized operating system. The EOS token provides both storages on the blockchain and bandwidth enabling ownership that is proportional to the total stake plus the owner participation in the on-chain governance of the blockchain. The exchange, on the other hand, is consistently identifying new and important technological advancements and the robust EOS offering is now a testament to the support for open source innovation.The CEO and co-founder of eToro Yoni Assia commented:“EOS is one of the foremost projects in the world of Blockchain. By adding the EOS token as a base/counter currency for trading pairs on the eToroX crypto Exchange, we are enhancing and strengthening our well-established connection with EOS.”Over the past few months, eTorox continues its goal of providing access to the world of crypto trading to more people and it will also launch more new crypto assets and stablecoins and announce further trading pairs where more currencies are pegged to fiat counter currencies.
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