### Blockchain Version (Memorial Against B1) — From EOS 'Tianshun Revival' to the Tragedy of 'Tumu Fort Collapse'
(Preface of the Memorial: Setting the Tone)
Ladies and gentlemen, listen! In the past, Ming Emperor Yingzong claimed the throne twice, first falling into the **'Tumu Fort Incident'** and losing national fortune, then seizing control again through the **'Door Seizure Incident'**, ultimately becoming a tale of laughter throughout the ages. Observing the blockchain world today, the EOS project is akin to Zhu Qizhen reincarnated - once a 'king-level public chain', raising 4 billion dollars, boasting **'one million TPS'** to replace ETH; yet now, the mainnet is desolate, the coin price has plummeted to zero, the project party Block.one (B1) has fled, leaving retail investors to wail like the souls of Tumu Fort! This memorial is not to reminisce, but to expose the sins of B1, warning future generations not to repeat the mistakes!
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#### One, The Year of the Yuan Dynasty: The Frenzy of Private Placements, The People Return to Their Hearts
(2017–2018: The EOS ICO Boom)
At that time, Ethereum was congested, gas fees were high, B1, under the name of BM (Daniel Larimer), proclaimed **'Blockchain 3.0'**, launching the longest ICO in history (one year), raising 4.2 billion dollars, claiming **'to slaughter Ethereum and establish the public chain territory'**.
- Technical Memorial: The white paper promised one million TPS, zero fees, and developer-friendly, comparable to the early Ming's 'Three Yangs Assisting Governance', igniting public sentiment.
- Capital Deification: Li Xiaolai, Bao Er Ye and others stood on stage, exchanges scrambled to list, EOS's market value once soared to fourth place, devotees cried out **'Blockchain Operating System'**.
- Community Sacrifice: Retail investors have poured their life savings, node elections cost millions, the entire chain ecosystem was as fervent as the **'Southern Palace Restoration'** before, all believing B1 would achieve dominance!
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#### Two, The Technical Tumu Fort: Mainnet Launch, Myth Collapses
(2018–2020: Mainnet Downtime and B1's Escape)
Yet the day the mainnet launched was, in fact, the beginning of EOS's 'Tumu Fort Incident'!
- TPS Lies: Actual performance is below four thousand, frequent network congestion, resource model complex as a maze, developers abandon the chain, comparable to the Ming army's defeat against the Wala cavalry.
- B1 Abandonment: Block.one holds immense capital yet does nothing, the promised **'one billion dollar ecological fund'** turned out to be an empty check, the social project Voice ends up half-hearted, just like the imprisonment of Emperor Yingzong by Emperor Jingtai, allowing the community to fend for itself.
- Node Chaos: 21 supernodes bribery rampant, the critique of centralization intensifies, on-chain governance becomes a game of financial oligarchs, retail investors are left like refugees from Tumu Fort with nothing to show for it!
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#### Three, The Shame of Seizing the Door: B1 Cashing Out, Faith Destroyed
(2021–2023: B1's Cashing Out and the Chain's Ruins)
If the 'Door Seizure Incident' by Emperor Yingzong still holds a tragic sentiment of restoring the nation, B1's evil is tenfold greater!
- Massive Cashing Out: In 2021, B1 sold EOS for hundreds of millions, yet made zero investment in the ecosystem, akin to Zhu Qizhen executing Yu Qian, destroying the Great Wall!
- On-chain Ghost Town: In the wave of DeFi and NFTs, EOS has achieved nothing, daily active users of DApps are less than one hundred, BM sets up new chains (Telos, Clarion), discarding the old main chain like a worn-out shoe.
- Ultimate Betrayal: In 2023, B1 announced it would stop supporting EOS and switch to Bitcoin mining, the former 'king chain' has become a code graveyard, the coin price has dropped 99% from its peak, retail investors become a river of blood and tears!
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#### Four, Memorial Against B1: Ten Sins Clear, This Thief Must Be Executed!
Now listing the ten sins of B1, to warn future blockchain generations:
1. Deceptive Fame: Raising 4 billion with false technical promises, essentially a capital scam;
2. Sitting on Wealth without Contribution: Holding vast sums without building an ecosystem, allowing the chain to wither;
3. Centralized Tyranny: 21 nodes monopolize, violating the original intention of decentralization;
4. Cashing Out and Defection: Selling tokens to drain the community, comparable to eunuchs ruining the country;
5. Abandoning Promises: Projects like Voice are perfunctory, betraying trust worldwide;
6. Technical Incompetence: TPS lies exposed, performance less than one percent of the white paper;
7. Governance Confusion: On-chain voting has become a farce, community consensus has collapsed;
8. Forgetting Loyalty for Profit: BM repeatedly abandons the chain to start new ventures, treating believers as mere grass dogs;
9. Bloodsucking Retail Investors: ICO lock-up schemes are deep, and retail investors become lambs to be slaughtered;
10. Destroying the Chain and Erasing History: On the ruins of EOS, the history of blockchain will forever bear this shame!
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#### (Final Chapter of the Memorial: A Warning Bell)
Alas! The tragedy of EOS is not a failure of technology but the malice of human hearts! B1, like Ming Emperor Yingzong after the restoration, executed loyal ministers and deposed Emperor Jingtai, ultimately leading to the dynasty's downfall. I write this memorial not to mourn the dead, but to hope future generations remember:
- Capital's Flattery Hides a Knife;
- Decentralization, non-negotiable;
- Code is Law, without trust, it must perish!
The blockchain world no longer has EOS, only the blood and tears of lessons forever inscribed on the chain!
—— In the year 2025, a certain EOS refugee sheds tears and memorializes to the world
(Endnote: This article parodies historical writing, any similarity is purely the fault of B1.)