The votes are in and the EOS (EOS) blockchain is officially live.
The blockchain received more than the 150 million votes needed to determine the individuals or entities that will maintain the distributed network, the world’s fifth largest by total value, according to CoinMarketCap, which provides data to ThirtyK. CoinDesk reported Thursday the vote ends a multiweek process that had been among the most complex seen in the cryptocurrency world.
Where does Block.one fit in? CoinDesk says the company’s software will now be “accessible” as a result of the vote. Block.one had raised more than $4 billion during an almost year-long ICO. The Wall Street Journal previously reported the company planned to build a platform for hosting web applications but not develop the software after releasing it, relying on others to do that. Read more here.