Everybody hates EOS
Ones again EOS, the cryptocurrency that was launched not that long ago, amidst all the drama and controversy, (with the equal level of success) once again became a center of attention. Not a good kind of attention.
This time the reason that is rather weird at the first look - another cryptocurrency, Ethereum started to choke under a barrage of “trash” transactions. This is not something new or surprising, but this time - it worked in a rather convenient time for the EOS, that was about to launch. For this reason, a lot of people decided that it’s rather suspicious. Even more, one of the Ethereum developers openly blames EOS in the sabotage, that it was them who ordered regular “airdrops” of the “trash” tokens inside their network to manipulate the prices of the “gas” - the internal price for running a transaction or contract inside of the Ethereum network.
This member of the Ethereum dev-team under nickname Justo in the interview to the TrustNodes said that it was extremely suspicious: "Thousands of random tokens, with no website or a bootstrapped template made in hours. This was wasting hundreds of ethereum daily, hundreds of thousands dollars to drop tokens. This happened up until the launch of EOS, then stopped”.
In a tweet, released this night by Vitaliy Buterin, he estimated that because of the token spam Ethereum lost around 15 mln USD in token equiv. He stated that there are reasons that keep him from feeling down: “Free market principle prevents me from feeling too upset at someone using the ETH blockchain as they wish but wow”.
According to my estimates, the recent tx spam on the ETH network cost up to ~$15m USD (~= 5m green teas, ~75 lambos, ~25 Coinbase seed rounds, ~0.9% of Telegram ICO)
— Vitalik "Not giving away ETH" Buterin (@VitalikButerin) July 16, 2018
Free market principles prevent me from being too upset at someone using the ETH blockchain as they wish, but wow.
Unlike everyone else, he was not blaming anyone or looking for the reasons for token spam incident, but many people came up with a conclusion.
Dan Larimer, the CTO of Block.One, laughs at the accusations saying that EOS has nothing to do with it: ”I can assure you block. One wouldn’t be so stupid to spend our resources attacking eth when all it takes is crypto kitties”.
In the world of crypto with the pseudonymity saying something with certainty, unless someone will come up clean or “spill it over” at the bar is hard. But in this whole situation, one thing is certain - Ethereum lost a lot of money and EOS obviously profited from the situation.