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Blog: EOS Block Producer Tips & News

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EOS ERC-20 Smart Contract Frozen & Snapshot is Taken [EOS Launch Live Update]

June 02, 2018 / by Josh Kauffman

EOS ERC-20 Smart Contract Frozen and Snapshot is TakenAt 22:00 UTC of June 2, 2018, registration of EOS public keys is closedTo achieve this, the very first transaction that tries to call upon the smart contract that controls this crowdsale will initiate the freeze function.

There has been an incredible increase in the percentage of registered tokens, with an over 98.5% level having been reached a day prior. This is great news, showing that the community has taken the steps necessary to secure their access to their EOS tokens once the EOS network is live.

Now that this contract is frozen, the snapshot of accounts can begin. This process takes some time, as it has to pull all the data from the Ethereum blockchain and search out all transactions related to this contract. Once it has been taken by multiple groups in the community, the contents can be compared to ensure an accurate snapshot has been taken.

Stay tuned for the next EOS launch live update!

EOS Mainnet Launch Timeline

EOS Launch Timeline-EOS ERC-20 Smart Contract Frozen 

Topics: Timeline, EOS tokens, EOS Launch, EOS Mainnet, Smart Contract

Josh Kauffman

Written by Josh Kauffman

Josh wants to educate those around him. Since learning of cryptocurrency, he’s become a missionary -- urging those around him to understand this technology that will underpin tomorrow’s world. His latest passion is the crypto space, looking to be part of those who lead the drive towards Web 3.0.

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ABCs of EOS

A glossary of terms that every EOS user should know.

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