The launch of the EOS MainNet is slowing down, as less than a third of the tokens required to activate the platform have been placed by the owners.
EOS MainNet was technically launched on June 10, 8 days after the release of EOSIO v1.0 Block.one. However, the required mark of 15 percent of tokens was not achieved. More precisely, it is 150 million tokens. Now, the number of registered tokens on EOSAuthority.com has reached 84,176 million EOS, which is 8.4 percent of the total. The progress of the vote can be tracked live here.
The platform can not be fully activated until the owners of 150 million EOS tokens, or 15% of all the emission of tokens vote for 21 "block producers" who will more or less perform the role of the miners in Proof-of-Work (PoW).
The pace of voting has also been increasing over the past 24 hours, but the network itself remains idle, waiting for the remaining tokens to be placed. According to yesterday's report, there was a one day the increase of 18 million tokens. If this increase continues, the required percentage of the total will be achieved in less than 5 days.
Theories are being put forward, why there was not a tumultuous surge from the very beginning. For example, criticism is that the crypto exchanges do not support voting on the EOS network, and quite a few of them have EOS on their accounts. The voting site, in turn, remains anti-intuitive, which can also delay the process.
Some users can not figure out the system itself and are afraid of disclosing their secret keys. However, on the official site have already published a video, which explains all of these subtleties.
It is also worth remembering about the psychological barrier. Some simply wait for the moment when more participants will be typed in order to be more confident.
By Ekaterina Ulyanova