Huobi Denies Involvement in Alleged EOS Voting Manipulation – Bitcoinist.com

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Huobi Denies Involvement in Alleged EOS Voting Manipulation - Bitcoinist.com

Huobi has denied any involvement within the alleged EOS voting manipulation and collusion that emerged final week. The allegation of collusion amongst EOS block producers (BPs) comes firmly on the heels of reports that 4 senior executives not too long ago resigned type Block.one – the EOS mother or father firm.


A number of EOS BPs Accused of Manipulating Votes

In response to native Chinese language media outlet, Jinse, Huobi has distanced itself from reviews of collusion amongst EOS BPs. cnLedger in a tweet printed on Saturday mentioned that the cryptocurrency change platform which can also be an EOS BP denied having any quid professional quo association with different BPs.

On Wednesday (September 26, 2018), a leaked spreadsheet emerged which allegedly confirmed many EOS BPs taking part in coordinated mutual voting. In response to native sources in China, the flowery voting manipulation seems to be amongst China-based EOS BPs.

The Twitter account (@MapleLeafCap) supplied a detailed evaluation of the leaked spreadsheet. In it, Huobi is proven to vote for about 20 different BPs, with 16 of them returning the favor. The evaluation additionally signifies Huobi voting for 3 block producers in change for some share returns.

A lot Ado About Nothing

Whereas the proof offered within the collusion case seems damning, some EOS lovers consider it’s a lot ado about nothing. A Redditor ‘eosview’ posted a private evaluation of the scenario that highlights the uproar as nothing however FUD.

In response to eosview, the truth that Block.one is but to begin voting implies that the actions of those alleged manipulators will account for nothing. Going additional, eosview mentioned that collusion required some huge cash to keep up management noting:

If there was collusion as persons are suggesting, then take into consideration how a lot cash these colluders must make investments to keep up management. Worth would undoubtedly maintain going up on them relying on how a lot they need to management it.

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