This, in turn, affects the result of metrics such as transaction volumes, user activity, and daily volumes, which are important metrics on which investors base their trading decisions.
Data Manipulation in the EOS Market
If bot activity was the cause of EOS’s market activity, it is hard to evaluate if the project will truly have a positive direction.
AnChain also looked into transaction data of the top ten EOS dApps, which are actually gambling platforms. These dApps generate more than 65 percent of all the transaction volumes that comes from EOS dApps. Through the use of AI, AnChain was able to separate accounts that very extremely active and performed repetitive actions, which are actually malicious bots.
Victor Fang, the CEO of AnChain, believes that these malicious bots were designed to obstruct the EOS network, increase its liquidity and ranking, and earn dividend payouts on the dApp. He also made the hypothesis that bots specially targeted the dApp.
Fang presented a similar case in which five Ethereum addresses exploited the bugs in a gambling game and stole $4 million by using 50,000 malicious bots.
Featured image: CCN
source: https://coindoo.com/report-shows-that-75-of-eos-transactions-are-made-by-bots/
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