EOS Voting: At This Pace, Blockchain May Go Live Within Days

Published on 14 June 2018 by Cryptovest Staff

Already 9% of the EOS tokens have voted, out of the required quorum of 15%.

The good news is that the pace of EOS voting is slow, but regular. In 24 hours, the voters expanded from 6% to 9%, and thus, within a day, about 3% of token holders have cast a vote. In the meantime, the EOS blockchain is producing blocks, but is in a limbo, an unverified state. So at the moment, the EOS digital asset is useless for anything but voting, unless it is traded on exchanges.

“Exhaustive security audits on all third party wallets, browser extensions or voting portals have yet to be completed (though we encourage submissions!). However, if you want to vote now with an intuitive graphical user interface, the Block Producer Candidates listed at the bottom of this joint statement endorse the use of the Greymass EOS Voter wallet for Windows, MacOS, and Linux.”

The EOS voting process may represent danger, as it requires the usage of the private key, similar to signing a transaction. Users are urged to be skeptical of third party wallets, voting tools, or other links they may have doubts about.