The results are very worrisome! As of 05/25/2018, within the last week before EOS mainnet launch, 51.7% of all EOS tokens are still not registered! Among the unregistered, the unmapped portion contributes 49.43% and EOSCrowdsale helps 2.27%. This is very alarming as the registration time window is closing in 7 days. We emphasize that the mainnet launch will also freeze the EOSCrowdsale contract and thus make all these issued tokens non-transferable.

In the following table, we show the top 10 EOS token-holding addresses as of 2018–05–23 and their registration status:

For the top 10 addresses, we use the same approaches described in [2] to identify and classify the addresses of cryptocurrency exchanges. We also use the data in [3,4] to label the exchanges’ addresses. Beside the two known EOS-owned addresses, there are six exchange addresses and two individual addresses, but only one of them, Bitfinex, has registered its EOS native address: EOS7t3fDcbzSmSrV4WqpXDVPc5HR1uvS4DT6d4u7bo6vNcFy3pUC1. We applaud Bitfinex for taking the efforts to get the registration done!

From another perspective, despite the increased market capitalization of EOS, we highlight that a fully-engaged EOS ecosystem is impossible if more than half of the shareholders not likely to participate the following voting activities. This is certainly not a situation the EOS community wants to face. With that, we strongly urge the entire community and related shareholders to take the following actions, sooner instead of later:

The publisher of EOS.IO software, i.e., block.one needs to elevate the efforts in advocating and promoting the need of token registration, which is a necessary step to better the development, operation, and maintenance of EOS blockchain; Various cryptocurrency exchanges should provide token-registration instructions in a transparent and timely manner to guarantee their customers that their benefits (including later voting privilege) will be protected; Individual token holders register your own valuable EOS tokens ASAP. Based on your wallets, here is the MetaMask guide [5], MyEtherWallet guide [6], and Exodus guide [7].

About US

PeckShield Inc. is a blockchain security company which aims to elevate the security, privacy, and usability of current blockchain ecosystem by offering top-notch, industry-leading services and products (e.g., smart contract auditing). Please contact us at Telegram, Twitter, or Email.

References