EOS Block Producers Allegedly “Crash” After RAM Usage Exceeds 1GB

Omar Faridi
  • EOS New York, a top 21 EOS block producer, recently announced that a number of the controversial crypto platform’s Block Producers “crashed,” presumably due to their poorly configured systems.
  • EOS has been heavily criticized because of its governance model, with many in the crypto community considering it highly centralized.

EOS New York, a top 21 EOS Block Producer (BP), recently revealed that a number of block producers “crashed” after the network’s RAM usage “exceeded 1 GB.” Per the BP, these either “did not confure their node to properly set it at 64 GB,” or only had 1 GB.

According to EOS New York, the block producers whose systems reportedly crashed were not following the guidelines outlined in their agreement. Therefore, the US-based organization implied they are at fault, although it is still confirming details.

The tweet seemingly created a bit of confusion, as users replied asking what had happened to the cryptocurrency’s blockchain. Although these were quickly addressed, there has been a great deal of controversy and heavy criticism levelled at the EOS project.

Despite the problems several BPs reportedly encountered, EOS New York posted an update stating that, “the network is live and did not experience any disruptions.”

 

Controversies Surrounding EOS

Research has shown EOS may be more centralized than enthusiasts would want it to be, as the top 1.6 percent of holders own 90 percent of the cryptocurrency’s supply. Moreover, BPs have in the past ben ordered to freeze 27 accounts on the blockchain, showing one organization had control over other users’ money.

This forced Dan Larimer, the architect of EOS, to proposed a new constitution, which would remove most of the powers away from  the EOS Core Arbitration Forum (ECAF), the organization that ordered the accounts to be frozen.

Bitmain Becomes Block Producer

Bitmain, a leading Bitcoin mining hardware manufacturer valued at $12 billion, recently qualified to become one of EOS network’s 21 BPs. Co-founded by Bitcoin Cash advocate Jihan Wu, Bitmain is well-known throughout the cryptosphere for its monopoly over the ASICs industry.

Bitmain controls two top BTC mining pools, and has shares in another one, ViaBTC, allowing it to potentially pull a 51 percent attack on the network, a move Wu says wouldn’t make sense as it would hurt his organization’s finances. The company recently invested $50 million in Opera web browser’s IPO.

Bitcoin Mining Pool Tries to Help Tone Vays Win $10K Bet Against Roger Ver

Cryptocurrency mining pool SlushPool has recently manually added a BTC transaction into a block to help Tone Vays, a derivatives trader and analyst, win a wager mage against BCH proponent Roger Ver.

The wager was made at the 2019 Malta AI & Blockchain Summit, during a debate between bitcoin (BTC) proponent Tone Vays and Bitcoin.com CEO and BCH advocate Roger Ver. In it, Ver argued BTC transactions are too expensive for business use due to the cryptocurrency’s small block size.

Vays, on the other hand, argued segregated witness (SegWit) and second-layer scaling solutions like the Lightning Network allow users to make small transactions without paying high fees, and that he has been using BTC on-chain without paying too much for transactions.

The debate ended up seeing Vays send Roger Ver $5 worth of BTC with a one satoshi per byte transactions fee – equal to the fees paid on the Bitcoin Cash chain – to see if it would confirm the same day. If it did, the CEO of Bitcoin.com claimed he would donate $10,000 to a charity of Vays’ choice.

During the debate, both parties noted the transaction was “priority 23,836 out of 24,355 transactions,” meaning that most transactions on the Bitcoin blockchain had to clear before miners picked that one up, at least according to fees paid for transactions.

As Vays soon noted on social media the transaction cleared after 10 hours. Some, however, found it strange. Cobra Bitcoin, the pseudonymous co-owner of Bitcoin.org and Bitcointalk, pointed out on social media that SlushPool – the mining pool that found the block the transaction was included in – manually added it to help Vays win the bet.

Cobra Bitcoin figured it wasn’t mined “naturally” as it was the second transaction included in the block – right after the coinbase transaction – despite the fee being less than 1% of that of all other transactions included in the block.

On Reddit, users pointed this out and accused SlushPool of manually adding the transaction. The mining pool, according to some users, is known for supporting BTC and being against Bitcoin Cash.

Should Roger Ver Pay?

The wager quickly became a controversial topic that seems to bring back memories of the scaling debate that was going on before Bitcoin Cash forked off of the Bitcoin network back in August of 2017.

Some argue that Roger Ver’s point stands as the transaction wasn’t “naturally” confirmed, but manually included in a block. Moreover the CEO of Bitcoin.com claimed he’d donate the money if it confirmed that day, and when the transaction did confirm it was past midnight in Malta.

On the other hand, some claim the transaction did go through anyway, and as such Roger Ver should donate the funds to a charity of Tone Vays’ choice. Moreover, Vays himself argued BCH supporters could have spammed the BTC mempool with two satoshis per byte transactions to stop his from clearing on time.

On Twitter, Vays created a poll that was retweeted by SlushPool and admitted the mining pool did prioritize the transaction. It currently shows most users believe Roger Ver should donate the funds. As one commenter pointed out, however, the results may change if Ver and other BCH supporters retweet the poll.