EOS was accused of attacking the Ethereum network

EOS was accused of attacking the Ethereum network

The developer of decentralized applications ethereum accused EOS of deliberately overloading the network with tokens that are not supported by any project.

In a short interview, Justo - the developer of two gaming decentralized applications called PoWH3D and Fomo3D - said: "Personally, I and many other experienced ethereum application developers believe that EOS is most likely attacking ETH to confirm the launch of its platform. The network spends hundreds of thousands of dollars daily to distribute random tokens to its users. This happened before the launch of the EOS network on July 6th, and then stopped. EOS prices returned to normal.”

Around June 25, the Ethereum network again began to be overloaded in such a peculiar way, transaction costs increased several times. In December 2017, the Ethereum network processed 1.4 million transactions per day, and the commission was less than $1. Now the network processes about 500,000 transactions, and commission fees have increased. 

EOS attacks the Ethereum network every time their system fails,” Justo said, adding: “If you think EOS doesn’t do this, then think about it - who has enough funds to spend two million daily on ETH attacks, as well as access to a huge number of EOS tokens?.”

According to him, he looked into one of these tokens and its funding, and found that The IFishYunYu token - which does not have any special functions - was partially funded from the address to which crowdfunders dumped EOS. Justo believes that there are a lot of such tokens. Another random token called Hashcoin consumes 20% of the power of the Ethereum network.

“It looks like a whole network of crap coins are being linked together to look more convincing,” he added.“Our community is disappointed. We were not able to launch our product called Fomo3D.”

Airdrop is one of the working methods of financing new projects, but it is very expensive. Some of the people purchasing EOS tokens are now investing in random tokens that are overwhelming the ETH network. 

However, we hope that the implementation of short-term and long-term solutions will help solve the problem of network congestion with a small number of transactions.




According to trustnodes.com

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