EOS Freezes Seven Accounts: Chaos Ensues
EOS freezes seven accounts as a counter to potential theft, but the action causes some to question the decentralization of the EOS network.
EOS Freezes Seven Accounts
The accounts were frozen after a unanimous vote was held by the 21 elected block producers. The block producers suspected that these accounts may have been holding stolen funds and so decided to take action before anything else could be stolen. However, the decision was met with heavy criticism.
The decision violated the EOS constitution, which requires decisions such as this to be made by arbitration bodies, …
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