What went wrong with EOS?

With EOS, a blockchain protocol designed to support decentralized applications, a number of issues have arisen that have caused concern in the crypto community. Firstly, there have been concerns about the centralization of the network, as a significant portion of EOS nodes are operated by a small number of entities, potentially reducing the decentralization promised by blockchain technology. Secondly, there have been technical issues and vulnerabilities identified in the EOS codebase, raising questions about its security and stability. Furthermore, the community has been critical of the lack of transparency and accountability from the EOS development team, with questions raised about the allocation of funds and decision-making process. These factors, combined with the recent market downturn, have led many to question what went wrong with EOS and whether it can recover from its current challenges.