EOS Locked 7 Accounts and This Has Implications for Everyone in Crypto

EOS Locked 7 Accounts and This Has Implications for Everyone in Crypto

At face value, many will see this move by the 21 block producers (BPs) in charge of validating transactions on the newly live blockchain as a success in stopping malicious actors from bilking several users out of more than $20,000 in EOS. But others are concerned that such a decision will have far-reaching implications – and not just for EOS, but many other blockchains as well.

But first, it's helpful to understand what happened last weekend.

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