EOS current position
Hello, all interested in EOS currency, here are some of my thoughts concerning the current situation. Please, do not consider it as an advice or call for action, it is just an opinion.
Recently, there are more evidences appeared on various sources that some block producers or otherwise known as miners are in full control of the entire EOS network. It is an opinion that only the few block produces are able to have the ability to censor transactions, to restrict access from the network for some individuals and to secure their position within the network. In case, these statements happen to be true, it will lead to the fact that EOS network will be in control of few and work for their advantages.
Moreover, EOS was experiencing some delays in the launch of the platform as well as the various bugs discovered within the protocol.
Nevertheless, even if the news happen to be not very positive, we can see the "up-trend" during the last days . At the moment, EOS price stays in arrange after recoil from $4.3 support. The past few weeks have not been easy in crypto-conversion, however it is important to notice that EOS provided the first place in terms of chain transactions which is promising the upgrade trend and the rumors does not have much on more or less stable position of EOS.
Recently, there are more evidences appeared on various sources that some block producers or otherwise known as miners are in full control of the entire EOS network. It is an opinion that only the few block produces are able to have the ability to censor transactions, to restrict access from the network for some individuals and to secure their position within the network. In case, these statements happen to be true, it will lead to the fact that EOS network will be in control of few and work for their advantages.
Moreover, EOS was experiencing some delays in the launch of the platform as well as the various bugs discovered within the protocol.
Nevertheless, even if the news happen to be not very positive, we can see the "up-trend" during the last days . At the moment, EOS price stays in arrange after recoil from $4.3 support. The past few weeks have not been easy in crypto-conversion, however it is important to notice that EOS provided the first place in terms of chain transactions which is promising the upgrade trend and the rumors does not have much on more or less stable position of EOS.
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