How the failure of one Block Producer Allowed the Illegal Transfer of $7.26 million Worth of Frozen EOS

Here’s a thing or two about EOS. EOS raised $4 billion in a year long ICO before migrating to their new scalable blockchain in 2018. Like Tron, EOS prioritizes speed and scalability. To that end, they adopted a new variant of the proof of stake consensus algorithm, the dPoS—the delegated proof of stake system where validators are voted for by token holders—who must stake their EOS for three…
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