Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Topic OP
[NEWS] A Mysterious Airdrop Called EIDOS Is Clogging EOS to Make a Point
by
bbc.reporter
on 12/11/2019, 02:07:23 UTC
⭐ Merited by CjMapope (1)
A block producer was quoted in the article telling everyone over Telegram that EIDOS is a token sparse on information. That might be because EIDOS is an attack on EOS to slow it down and prove that it is not scalable.

However, who would create the attack? Developers from another platform? Holders of Ethereum? In any case, I speculate that this is the beginning of the blockchain wars hehehe.



EOS has been clogged up by a giant airdrop for a token called EIDOS – and it’s not clear the token is even good for anything.

In fact, it seems as though the people behind the token are trying to make a point. The token seizing up the network is called EIDOS. Its promoted by a Twitter account, @enumivo, whose website only describes the token generation, not its purpose. However, its tweets appear to express discontent with the block producers running the EOS blockchain today.

The smart contract for went live on Oct. 31 and is designed to encourage maximum transactions. The size doesn’t matter. This has caused EOS to go into congestion mode, which Coinbase described on its blog as limiting “the amount of transactions a user can broadcast to their pro-rata share of total staked CPU resources on the EOS network.”

In other words, EOS usually provides a little give when it has excess capacity (and it usually does), but that’s all been maxed out due to the demand spurred by the EIDOS smart contract.

“It’s a token that is pretty sparse on information, but then again that’s nothing unusual in crypto,” Aaron Cox of Greymass, a block producer candidate, explained to CoinDesk over Telegram.


Read in full https://www.coindesk.com/a-mysterious-airdrop-called-eidos-is-clogging-eos-to-make-a-point