The EOS (EOS) mainnet launched over the weekend, but the blockchain will still not be operational until enough EOS owners vote, Cryptovest reports.
The mainnet is a platform from startup Block.one for launching web applications. The company raised a whopping $4 billion in a yearlong initial coin offering that ended recently.
Although the EOS mainnet is live, the blockchain still needs 15 percent of tokens — 150 million of them — to be voted in order for the chain to be considered valid and fully activated. Voting is now live, but critics have said many EOS holders may have trouble with the process because exchanges don’t support EOS voting now, and few of them have EOS in wallets. Read more here.