EOS Blockchain Network Causing Some Transactions to Struggle due to Micro Forks

By dan saada January 23, 2020 Off
EOS blockchain

EOS has been trading at $3.55 at the time of reporting the news. The price is expected to lower down to $3.225 post breaking the support area at $3.800. Bulls are expected to regain at $3.225

Colin talks Crypto Tweeted:  “Right now, #EOS is experiencing “microforks.” This is causing some transactions not to go through. BPs are debugging it currently (have been for about a week), but not solved yet. In the meantime, any BP which cannot reliably make blocks should not be in top 21.”

A recent coin desk report stated, “Social media app, Voice, will not initially launch on EOS.”

Alex Saunders Tweeted, “After two years & $4B @block_one_ aren’t confident enough to launch a Beta version of Voice on the EOS public blockchain. What message does that send to anyone thinking of building on EOS? So far, ETH killers have done little killing…”

The FAQ read, “While Voice is in beta and a highly iterative state, it will be run on a purpose-made EOSIO blockchain. In time, we would like Voice to leverage the EOS Public Blockchain, and potentially others that can meet the performance and governance demands of Voice.”

Sydney Ifergan, the Crypto Expert, tweeted:  “Concerning #Block One Voice on #EOS It just feels like they are not really ready. Leverage the performance and Governance demands of Voice? We will see what happens.”

EOS Ultra Blockchain Network

The EOS Ultra Blockchain Network is meant for the video game industry.  The Ultra is built on EOSIO, and it facilitates innovative tools and functionalities for the players and game developers.

The Ultra Games will be the first application that is designed to work like Steam.  Players will be able to play all kinds of video games on this. Third-party developers will be able to leverage the framework.

Ultra games charge only 15% when compared to the 30% commission from Steam. The Ultra NFT standard will enable game developers to create virtual assets with varied usage and transferability properties. The transactions are executed on smart contracts, and players can take commissions by reselling NFTs (non-fungible tokens), thus facilitating a more aligned gaming ecosystem.

EOS versus TRON

Congestion issues and a range of cyber-attacks have caused several users to migrate to competing platforms.  The numbers of Active dApps in TRON is now more than in EOS. And, EOS is now very often compared to TRON, and they are probably competing with each other.