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EOS Was the World’s Most Hyped Blockchain. Its Fans Want It Back | WIRED

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Block.One created the EOS blockchain and raised $4 billion in a record-breaking ICO. Now, its members have taken over.

Save this story Save this story On a Wednesday morning in November, Yves La Rose, a member of the EOS blockchain community, addressed a virtual gathering of China-based users . “EOS, as it stands, is a failure,” he said. Built using open source technology created by Block.one, a Cayman Island-based company, EOS promised more efficiency than any other cryptocurrency network at the time. At one point, a running joke among crypto enthusiasts was that EOS stood for “Ethereum on Steroids.” Ahead of the launch of EOS in June 2018, Block.one had raised over $4 billion in the biggest initial coin offe

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