Blockchain congestion is a really huge downside within the cryptocurrency trade. Many networks endure from these drawbacks regularly.
In the case of EOS, such points had not been current all that a lot. That scenario got here to alter earlier right this moment, as an airdrop rapidly stuffed up the community capability.
An Airdrop Cripples the EOS Throughput
For Coinbase, the degraded efficiency of EOS has been apparent for some time. Over per week in the past, the corporate famous it will take longer to course of transactions.
It now seems there’s a main enhance in EOS community exercise. An ongoing airdrop of the EIDOS token is allegedly responsible for all of this.
To obtain this airdrop, customers must ship EOS to and from the EIDOS contract. As such, the variety of total community transactions has elevated considerably.
Exchanges and buying and selling platforms supporting EIDOS have additionally popped up. This additional will increase community exercise as these transactions additionally have to be processed.
The EOS community depends on CPU energy to extend transactions. It seems a excessive enhance in leased CPU is energetic on the community to extend the variety of transfers to be processed.
Unfortunately, that latter strategy is backfiring considerably. As the community is now congested, there’s a restrict as to what number of EOS transactions can ship.
It is unclear how lengthy the community will stay congested.
It stays worthwhile to gather EIDOS at the moment, thus it appears believable this “onslaught” will proceed unabated.