EOS Arbitrator Returns Disputed Account to Original Owner

EOS Arbitrator Returns Disputed Account to Original Owner

The user’s account was reportedly snatched through a phishing scam, EOS arbitrator returns the account to the original owner; thus, EOS takes even more allegations of centralization

The attack was brought to the knowledge of the EOS Core Arbitration Forum (ECAF) in June this year. An unidentified individual was accused by the claimant of holding his private keys.

The ECAF then froze the account in question and obligated block producers to refuse processing transactions from that address.

After the claimant proved rightful ownership, though signing a memo, the ECAF returned and unfroze his account.

Under the powers afforded to me as arbitrator under Article 6 of the Rules of Dispute Resolution, I, Ben Gates, rule that the account in dispute should be returned to the claimant with immediate effect and that the freeze over the assets within the said account is removed.

from the EOS Ruling

EOS Hit by an Even More Resounding Centralization Allegation

EOS, which has raised a total of $4 billion during ICO, has been riddled with accusations due to its centralized model of governance. EOS is governed by 21 Block Producers. According to some, collusion by the majority is possible. And that would impede the whole EOS ecosystem.

But as stated by EOS Founder, Daniel Larimer, the platform’s goal is not decentralization. He further says that EOS, BitShares, and Steem are more decentralized than Bitcoin and Ethereum.


175.59 USD


5.53 USD

Related news

Bitcoin Ethereum Litecoin XRP ADA BNB BCHSV Technical Analysis Chart 4/18/2019 by ChartGuys.com

NEW Course: https://www.chartguys.com/courses/essential-candlesticks TCG Clothing: https://dogoodthings.chartguys.com/ Crypto Alert System V2: https://alerts.chartguys.com/ Instagram! https://www.instagram.com/thechartguys/ TCG Courses: https://www.chartguys.com/courses Recommended Fundamentals: Nugget's News Australia https://www.youtube.com/user/australiaalex 3rd Party Review: https://themerkle.com/chart-guys-course-review-trading-cryptocurrency/ Entries and Exits Course: https://chartguys.com/courses/entries-exits/ Bitcoin Ethereum Litecoin Technical Technical Analysis Chart for 2018 We offer multiple hours of webcam coverage a day, in addition to continuous chat room coverage. Join the community today https://www.chartguys.com/membership Find more information on commodities and Bitcoin Ethereum Litecoin Technical technical analysis: Chartguys.com crypto Technical Analysis Facebook Page: https://www.facebook.com/thechartguys... Chartguys.com Technical Analysis FREE facebook community: https://www.facebook.com/groups/thechartguys/ Stocktwits: http://stocktwits.com/ChartGuysDan Any advisory or signal generated by TheChartguys.com is provided for educational purposes only. Any trades placed upon reliance on TheChartguys.com systems are taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading securities and options there is also substantial risk of loss in all trading. You must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell futures, options or commodity interests. TheChartGuys.com is not registered as an investment adviser with any federal or state regulatory agency. The information contained within this Web site, including e-mail transmissions, faxes, recorded voice messages, and any other associated messages/media (hereinafter collectively referred to as “Information”) is provided for informational and educational purposes only. The Information should not be construed as investment / trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned.
Chart Guys

24 Hours Price Forecast: Binance Coin [BNB], Bitcoin Cash [BCH] and EOS

BNB has managed to breach resistance levels of USD 20 to attain a new high of USD 21. BCH has been range bound for the last 24 hours seemingly portraying a market that may be headed south. EOS has also been on a sideways market with indications that it may dip further. BNB/USD The last 24 hours have seen BNB breach resistance levels set at USD 20 and attain a high of USD 21. This positive rally could mainly be attributed to the success of their coin burn. The market was range-bound in the past 24 hours within support at USD 19.5 and resistance at USD 20. However, bullish engulfing saw this sideways market breached to the upwards and the currency managed to rally and achieve a high of USD 21. Three white soldiers candlestick pattern seem to suggest that the bulls may push the price even further up. BNB Forecast The RSI is currently over 70(overbought levels). The three white soldiers candlestick pattern may also indicate that we expect a further rise in price. However, traders ought to be cautious and place their support levels at USD 20.5 as the price rallies even further. BCH/USD BCH has been range bound for the last 24 hours seemingly finding resistance at USD 315 and support at USD 304. The market seems to be on consolidation after the recent rally that saw the price rise from USD 285. The MAs are also intertwined seemingly portraying a market that has lost momentum as the next price movement is sought. BCH Forecast The RSI is between the levels of 40 and 60 seemingly portraying a market that has lost momentum as the next price movement is sought. It is however currently pointed to the southwards headed towards the level of 40. We should expect a dip in price with support at USD 304. Once the price bounces back from this, traders can expect it to either pull a double bottom and attain a new high, breaching its resistance levels or rise to a high of USD 315 where it will experience resistance. EOS/USD The last 24 hours have seen EOS trade on a sideways market seemingly finding resistance at USD 5.57 and support at USD 5.45. The RSI has also been hovering between the levels of 40 and 60. This may indicate a market that is waiting for the next price movement. The three black crows formed in the last few hours seemingly portray a market that may be headed south. EOS Forecast Traders can expect a market that may head south. Temporary support levels can be placed at USD 5.44. If this is breached then the market may take a southward dive and the next support levels may be at USD 5.25. The post 24 Hours Price Forecast: Binance Coin [BNB], Bitcoin Cash [BCH] and EOS appeared first on ZyCrypto.

Enterprise Ethereum Alliance Teams up with Major Firms to Launch Token Taxonomi Initiative

The Enterprise Ethereum Alliance (EEA) on April 17, 2019, announced the launch of a blockchain-neutral Token Taxonomy Initiative which will address the need for establishing universal and easy to comprehend definitions for digital tokens. EEA to Clear the Noise in the Cryptospace One of the major problems plaguing the embryonic cryptocurrency and blockhchain industry isRead MoreRead More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager

Hot news

By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.