The mystery of EOS or when will the main network be launched?

The longest and largest ICO, worth more than $4 billion, has ended, the release of EOSIO 1.0 has taken place, and the launch date of the EOSIO main network remains a closely guarded secret.

Block.one, the company behind the EOS project, has confirmed that, immediately after the close of the 11-month token sale, June 2, the EOS mainnet will be launched under the name EOSIO. 

This announcement was made yesterday, May 30, even though a vulnerability in the code was discovered by a Chinese security firm. A week passed, and EOS holders still did not wait for the vote to select 21 transaction validators.

 The events of the last month before the launch of the network suggested a delayed launch. Hacking the EOS mail system, detection of critical vulnerabilities in the EOS code by a “White Hat Hacker” and vulnerabilities in smart contracts of the EOS network Chengdu LiaAn Technology Co, the publication of top 10 addresses of token holders - all this did not contribute to the successful image of the project. Ultimately, the release of EOSIO 1.0 took place, but the blockchain exists only in the form of public code, because it is still unknown who will run this open code and how. System participants have not yet been able to reach consensus.

Block.one, the developer of the main EOSIO 1.0 ecosystem, did not initially plan to take on the implementation of consensus and voting. Without the election of the 21 block producers and their consent, the system cannot work properly. Private keys can be imported after confirmation of five block producers who have reached consensus.

 According to the original plan, the main network testing phase should have already ended and the next stage should have begun - “granting rights”, allowing token holders to securely import private keys and vote. Only after the voting process to determine block producers can the EOS mainnet be activated and begin operating.