Everyone in the cryptocurrency world is "freeloading" on EOS, but no one cares about the life and death of the EOS mainnet

On May 25, the EOS mainnet launch team reached a consensus: they promised to only recognize one mainnet called EOS.

——Congratulations! Witness history!

On May 29, EOS revealed a major vulnerability that could control transactions!

——Oh my God, is EOS really feasible?

At 6:59:59 on June 2, the EOS ERC-20 token was frozen.

——Prices have risen sharply, and everyone is celebrating!

The EOS mainnet online voting on June 8 was interfered by some nodes and the mainnet online voting was delayed by 1 day.

——Oh , I see.

On June 9, the EOS mainnet was officially launched.

——No one cares.

EOS is clearly a hot topic, so why has the limelight been stolen by others?

As a representative project of the third-generation blockchain technology, EOS carries the hope of future technology in the entire cryptocurrency industry. Recently, EOS's 24-hour trading volume has surpassed BCH (Bitcoin Cash) to become the fourth largest virtual currency in the world, second only to Bitcoin, Ethereum and Tether (USDT).

The launch of the EOS mainnet should be the biggest hot topic recently, and any news related to the launch of the mainnet should be a matter of concern to everyone in the cryptocurrency circle.

However, in the few days since the mainnet was launched, too many things happened that had nothing to do with EOS, but they all took advantage of the popularity of EOS and grabbed the headlines of EOS.

What happened in the last few days?

360 uses EOS vulnerability to promote PR and enter the blockchain security field

On May 29, after a quiet morning, the 360 ​​Security Guard team released the news that "360 discovered an epic blockchain vulnerability that can completely control virtual currency transactions". As soon as the news came out, the price of EOS plummeted by 7%.

The act of exposing the vulnerability immediately after it is discovered and fixed actually violates the normal vulnerability reporting process. 360 has quickly established a firm foothold in the blockchain security field through exaggerated descriptions, overwhelming publicity, and rapid promotion of cooperation.

On the evening of May 29, Zhou Hongyi announced 360's enterprise-level blockchain security solution in a live broadcast and reached security cooperation with several EOS node teams.

The EOS team’s thanks were then used by the 360 ​​team for PR, which gained a good influence in the blockchain community. But in fact, the vulnerability was not as terrible as 360 described.

Zhou Hongyi is the first person to profit from stepping on EOS.

Yuhong plagiarized EOS and issued community currency XMX, directly cutting leeks without voting for listing

On the afternoon of May 28, Yuhong, the founder of the Three O'clock Community, spoke at a blockchain summit and said that EOS is the largest pyramid scheme and air coin in history.

Afterwards, Yuhong began to promote her XMX community coin in communities and social media.

On June 7, XMX landed on Huobi HADAX exchange without any warning. It did not go through the voting process required by the exchange in the past and started trading directly. It soared 84% within 1 hour of going online, which attracted a lot of attention. At the same time, people in the currency circle suspected that it was suspected of pulling up the market to reap the leeks.

In response to the doubts, Yuhong said: It doesn’t matter how many times it increases .

On June 8, the well-known programmer Xiangma pointed out on Weibo that the XMX code plagiarized EOS, "After looking through the XMX code for a while, it is basically a EOS that has been changed beyond recognition."

Sister Hong is the second person to gain power by stepping on EOS.

Chen Weixing calls EOS a scam and accuses Li Xiaolai

On May 29, well-known investor Chen Weixing expressed his views on the EOS vulnerability in his circle of friends. He said that EOS is a cancer of the blockchain , an extreme hype money-maker with no idealism, and the biggest destroyer of blockchain consensus.

This statement caused a huge public controversy. Chen Weisheng, who has always been straightforward and outspoken, suddenly stood on the opposite side of hundreds of thousands of EOS investors.

Of course, things are definitely not that simple. In the early morning of May 28, the day before the EOS was said to be a cancer of the blockchain, Chen Weixing said that he would develop a taxi chain with Meituan co-founder Yang Jun, saying that "in the future, blockchain taxis may not be a dream, and even if it is a dream, it is a dream that will soon come true."

On June 6, Chen Weixing's "trampling" on EOS escalated again. He posted EOS fundraising materials on Weibo, saying that the money raised from EOS crowdfunding belongs to BlockOne, and that he is not responsible for the future of EOS, calling it a BM scam .

On June 8, Chen Weixing announced the Blockchain Transparency Plan , hoping that the blockchain industry can achieve "industry autonomy and social supervision", while stepping on the first person to stand up for EOS: Li Xiaolai.

Chen Weixing is the third person to gain power by stepping on EOS.

Li Xiaolai and Chen Weixing quarreled with each other

As we all know, Li Xiaolai has a close relationship with EOS founder BM. He not only holds shares of BlockOne, but is also an early investor in EOS. His Coin Capital has also invested in multiple EOS projects and super nodes, and is deeply tied to the EOS ecosystem. According to the earliest crowdfunding price, Li Xiaolai has made dozens of times the profit on EOS.

On May 25, Li Xiaolai announced in the domestic EOS node group that the EOS Chinese and English communities had reached a consensus to launch only one EOS main chain . This move received unanimous praise from domestic and foreign nodes, and the fork dispute before the launch of the EOS mainnet disappeared.

Li Xiaolai is actually a positive character in this article, but for various reasons, he is also involved.

On June 8, Chen Weixing revealed on Weibo that Li Xiaolai still owed 30,000 bitcoins . "The fake richest man launched more than a dozen projects, raised EOS and put it in his own pocket, and called orders to cash out for himself ." He also said that "Laomao knew about Li Xiaolai's behavior and helped him call orders to sell projects."

Li Xiaolai could no longer sit still. If the media and public opinion continued to put pressure on Li Xiaolai, he would most likely be invited to a chat by the relevant departments. In the early morning of June 10, Li Xiaolai said on Weibo that what Chen Weixing said was false information , without any basis, and involved defamation, and that he had handed the case over to a lawyer for handling .

Immediately afterwards, Chen Weixing and Li Xiaolai began to openly quarrel with each other on Weibo , and both sides began to debate the legal concepts.

On the morning of June 10, the news that "Chen Weixing revealed that the richest Bitcoin player Li Xiaolai owed 30,000 bitcoins and was involved in drug-related crimes" spread across the Internet, sparking heated discussions and pushing Li Xiaolai to the forefront of public opinion again, and may even attract the attention of regulatory authorities.

In the afternoon, Li Xiaolai spoke out again to popularize the law and forwarded the article "Explanation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Application of Law in Handling Criminal Cases of Defamation and Other Crimes Committed Using Information Networks" . This move suggests that Li Xiaolai will confront Chen Weixing head-on, and there may be more highlights about the dispute between the two in the future.

Li Xiaolai , the first person who can benefit without stepping on EOS.

Stepping on EOS, EON was originally invested by Li Xiaolai

On the day when 360 released the security vulnerability, Golden Finance released a very interesting news flash, saying that a repaired version of EOS EON will start airdropping. BlockBeats published an article last week about this kind of marketing method, you can click here to view it.

After the EON airdrop news was released, BigOne Exchange invested by Li Xiaolai immediately announced its support for the EON airdrop, and then forced many exchanges to announce their support for the EON airdrop. From this, we can see that the relationship between the EON team and Li Xiaolai is not ordinary.

In fact, the EON team is indeed closely related to Li Xiaolai . On June 6, the EON team announced that it had received investment from Li Xiaolai’s Coin Capital , confirming its relationship with Li Xiaolai.

In the communication with EOS ecological portal IMEOS, we learned that EON actually has nothing to do with EOS, and EOS officials also denied any cooperation with EOS. It is understood that EON's code is suspected of plagiarizing PYEOS, and most of its concepts are actually borrowed from EOS.

EON , the fourth beneficiary of stepping on EOS to rise to the top .

There are some short-sighted people

During the voting discussion on whether to launch the mainnet version 1.0.1 on June 8, an incredible scene occurred: someone was maliciously interfering with the voting process.

That morning, the BlockBeats team was also watching the live broadcast. During the vote to announce GO (go online) and NO GO (not go online), some people voted repeatedly, changed votes, and announced false voting results , delaying the meeting to 3 hours.

What happened: Prices plunged nearly 8%.

Because someone announced a false voting result, the community received the wrong information at the first time: NO GO. NO GO means that the EOS mainnet launch has to be postponed because it is a community-wide decision.

Because of this negative news, the market panicked , a large number of short orders began to appear in the futures market, and the price of EOS began to fall rapidly. By extending the meeting, they strived to spread the false negative information to the greatest extent, causing the greatest impact in the market and taking the opportunity to arbitrage .

BlockBeats found something fishy and reviewed the voting process again. It found that bystanders also voted, a node could vote multiple times, and some people gave wrong voting results.

After the vote count was questionable and the community was in dispute, the EOS community announced that it would vote again on the mainnet launch the next morning. This time the voting process was more formal, and the final voting result was GO. And more importantly, this time the vote was for the 1.0.2 version of EOS, which was more formal.

Finally, the mainnet is online , and everything is going according to the previous plan. Although various details have been exposed, it is always moving in a good direction.

Everyone is fucking this guy for free

You came out to take advantage of EOS's popularity when this node was launched on the EOS mainnet. BM is very angry !

On June 6, BM, a believer in the free market, wrote his views on permanent property rights in his blog . He believes that the existence of property rights is to avoid war and achieve a peaceful equilibrium. For effective property rights management, BM believes that there should not be powerful, overstepping participants, and there should be stable and predictable rules, as well as rules to prevent conflicts. He has seen the disputes and conflicts that may arise in the future, and as expected, they have happened .

After all, the chaos that EOS is experiencing today may be because EOS is the first truly fully decentralized mainstream main chain.

This decentralization does not mean that all previous blockchain projects were centralized, but rather that all the more popular blockchain projects had a soul figure like the Queen of England who had no real power but whose words were convincing.

From a historical perspective, the soul of Bitcoin is Satoshi Nakamoto , although he completed his funeral before Bitcoin became popular and stopped speaking. However, due to the rigor of the Bitcoin white paper and its technical pioneering, no one dared to challenge the authoritative route set by Satoshi Nakamoto for a long time.

The soul of Ethereum is its founder, Vitalik Buterin . With his genius and legendary experience, Vitalik Buterin has firmly controlled all camps in ETH.

In EOS, due to the consensus mechanism of DPOS, the interests of all parties are not deeply bound to the creator BM . The super node model legally gives each super node the right to oppose and fight.

This results in that although all EOS communities recognize that EOS is a good project, there are huge conflicts on some specific implementation details and profit distribution, and no consensus can be reached .

When the mainnet launch voting started on June 8, BM had a gloomy face throughout the whole process, and he always believed that EOS could be launched. He was also very dissatisfied with many of the current debates in the community. However, the mainnet was ultimately delayed due to opposition from super nodes.

BlockBeats holds a calm attitude towards EOS, but despises the behavior of stepping on others to get to the top.

Everyone, why are you speaking out about EOS now? What were you doing before?