Block.one Will Vote With Its EOS in Clear Break From Previous Cautiousness
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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Source: investing.com
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