EOS Blockchain Goes Live as Voting Target Reached, Block Producers Selected

The EOS block producer voting process has drawn to a close, resulting in the official launch of the EOS blockchain at 6 PM UTC on June 14.

The launch of the EOS mainnet is the culmination of a $4 billion dollar initial coin offering and months of development and allows development and implementation of the platform to begin in earnest. The launch of the mainnet will see the EOS platform, developed by Block.One, officially handed over to the EOS community. The EOS blockchain is now the fifth-largest blockchain by total value, ending a launch process that involved several stumbling blocks that included security concerns and voting difficulties.