It was only a week ago that block.one, an industry leader in blockchain software solutions announced that the EOS.IO Single Threaded Application Testnet (“EOS STAT”) was ready for release.
If you were wondering what attributed to the epic price rise in EOS from 1$ to 4$ we just saw in the past month, its because of expectations for this release. According to EOS this development was a huge milestone for block.one and meant that development was actually ahead of schedule. In the crypto space being ahead of schedule on roadmaps is a major confidence booster and often results in speculative trading normally pushing prices upwards.
With this development coming out early, the internal team will be free to work with the development community from now until the release of the EOS.IO Multi-threaded Testnet in 2018.
I've read on the net that we can expect the blockchain to a actually go online in June of 2018 so there is plenty of time to stock up on tokens between now and then!
EOS STAT will be a simulation of the EOS setting, including features that allow developers to evaluate, build, and test decentralized applications in a public environment, including the ability for potential Block Producers to evaluate EOS.IO.
This will include twenty one block producing nodes with one node per host which will have a one second block time. This is cut down from the prior three second block time.
The word on the street is that EOS is expected to go into double digits within the next few months. Hardly surprising for a project that is backed by one of the greatest blockchain developers of all time, Mr. Dan Larimar (maker of Steem and Bitshares).
What do you guys think of EOS? Is there good reason to be excited here? Does anyone have any additional information to contribute about the success of the testnet recently launched?
Thanks for reading!
block.one Team Reveals EOS.IO Single Threaded Application Testnet - The Merkle