Block.one Will Vote With Its EOS in Clear Break From Previous Cautiousness
Block.one, the company that developed the backend of the network, is now taking a much more active role in it. Its stake of EOS tokens, previously left unused, will be used to vote for block producers ( BP (LON:)), according to an April 8 announcement.
The EOS network runs on EOSIO, a blockchain technology stack that Block.one also sells as an enterprise solution. The public network uses a form of distributed Proof-of-Stake consensus (dPoS), where blocks are created by entities voted by all stakeholders.
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