What is the significance of launching the mainnet (network launch of the motherboard)

08/15/2023 19:36 • Tech Trends • 69 views

What is the significance of launching the mainnet? Before launching the mainnet on the EOS network, it is necessary to register through a node in order to go online. If you want to participate in voting, you must first create a wallet to enter the blockchain system and become a validator.

In order to let more people understand this process, we need to have a better understanding of the significance of launching the mainnet. 1. What is launching the main chain and mainnet?

Any transaction conducted on the EOS network is called a “block,” which contains the identity of the block producers and the amount of information they hold. Therefore, when someone sends a payment to one or more nodes, it can be added to the blockchain. In this way, it is like sending your bitcoins directly to the mainnet without any other nodes actively tipping you to ensure that this payment will be accepted. So basically, you are providing an opportunity for those who want rewards to purchase these tokens from the market with their tokens.

2. What is launching the mainnet (mainnet)? Simply put, it is the launch of the internet protocol and infrastructure. This includes running smart contracts, establishing a trusted infrastructure for public goods, integrating various services, and improving performance.

3. What are the functionalities of launching the mainnet: Launch timeline: as the mainnet develops, transactions in the network will increasingly be initiated by a single entity, achieving a higher degree of network capacity. (Bitcoinist)

Mainboard network launch

According to IMEOS reports, the mainnet launch function of EOS has officially started at block height 148888. According to an official announcement, the mainboard has completed the upgrade and started network activation, and users can participate in the new consensus mechanism election (PoC). Currently, all transactions launched on the testnet can be locally synchronized through nodes.

According to previous news, EOS led the mainnet launch process of this hard fork, including voting, adding new accounts, and verifying transactions.

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What is the significance of launching the mainnet (network launch of the motherboard)

Mainboard network launch

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