See More Turning Against EOS Outlines Major Issues With the Platform

2 mins
Updated by Kyle Baird
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In June of last year, Voice,’s long-awaited social media application, was announced to be an EOS application to much fanfare with CEO Brendan Blumer stating that the platform’s immutable nature brings transparency and fairness to social media. Yet, with the launch date of February 14 now fast approaching, a strong turn around has happened.

[Editor’s Note: The media team has reached out to BeInCrypto to clarify that “EOSIO is a protocol published by and the EOS Public Blockchain was built by the developer community as one implementation of the company’s EOSIO protocol. Additionally, the community actively maintains the EOS Public Blockchain, not”]
Voice is intended to be a significant step in the evolution of social media, bringing with it amenable facets of blockchain technology that would suit a world that is growing more suspicious of traditional social media. However, it appears as if doubts its own platform to launch such a significant challenger. The decision to pivot away from EOS was seen as early as December last year when EOS’ network looked to be under pressure, entering congestion mode, which limited the number of transactions a user could submit. What was more concerning was the note posted by EOS dApp EarnBet that suggested the congestion problems remain unresolvedadding: “The EOS blockchain is no place for dApps like EarnBet with commercial-scale aspirations.” Sees EOS as No Place for Big Business

The fact that, the creator of the EOSIO protocol and the one-time biggest ICO for EOS, has now decided that its own platform is not ready for an ambitious project speaks volumes about the situation that EOS and other so-called Ethereum killers find themselves. As pointed out by Alex Saunders above, has spent a lot of time, money, and effort on getting the beta launch of Voice ready. The company even revealed it spent around $150 million to develop the app, which includes a $30 million purchase of the domain name. For them to try and launch the app on the EOS blockchain and have it come into performance issues that are scuppering a small gambling dApp doesn’t bode well for the future progress of the planned Facebook competitor. Instead, Voice will now be run on a private deployment of EOSIO software with a non-committal intention to one day move to EOS being tacked on the end of a FAQ section. “While Voice is in beta and a highly iterative state, it will be run on a purpose-made EOSIO blockchain. In time, we would like Voice to leverage the EOS Public Blockchain, and potentially others that can meet the performance and governance demands of Voice,” the FAQ read. EOS Block.One Voice

‘World Computers’ Are Miles Away

With Ethereum still giving mixed signals about its 2.0 launch, it appears as if the notion of a world computer driven by smart contracts is miles away from the second-largest cryptocurrency. More so, the Ethereum killers and competitors that have boasted at being better prepared to move the technology forward – like NEO, Cardano, and EOS, are clearly nowhere near ready if they don’t even have the backing of their creators, like in EOS’ case.
Top crypto platforms in the US | February 2024



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Julian Thomas
Julian has had a long interest in financial technology, especially cryptocurrency and blockchain. He studied to be a journalist and then decided to marry his passion for fintech with his skill in writing to report on this ever-changing and rapidly moving space.