BP Node: Introduction Cont’d..

in #eos6 years ago (edited)

… cont'd from previous post: https://steemit.com/eos/@bpnode/bp-node-introduction

Roadmap:

April – June 1st:

  • Testnet participation with multiple groups.
  • Network structure and security planning.
  • Additional resource identification and organization planning.

June – August:

  • Analyse EOS network resource utilization and growth projection.
  • Plan for additional server resources and backup.
  • Recruit additional developers and add experts to handle Network Security, Public Relations, Finance/reporting, and Legal

September onwards:

  • Start focusing on Technical community engagement and training opportunities for young developers.
  • Identify, start developing or financially supporting, public utility Dapps which could help community beyond EOS community realize power of blockchain.
  • Plan for network redundancy and resilience to technical, operational and regulatory challenges and uncertainties.
    Note: Above plan is dependent on being voted into block producer list, and sufficient funds to execute the plan.

Transparency:

BP Node is committed to full transparency on following:

  • Investors in the organization.
  • How and where the funds are being used.
  • Additional information critical to network health and security.

Financial or Political influence:

BP Node believes in maintaining full political and financial independence, and hence planning for server redundancy based of multiple jurisdictions. Additionally, to maintain financial independence BP Node will discourage passive investors to the organization. Which means it shall not actively seek funds from individuals or organizations who do not plan to take active role in BP operations. We believe best way to maintain operational efficiency and integrity is to ensure financial interests of an individual or organization are aligned with what they are actively engaging in day to day.

Pay for Votes:

In a democratic environment there will also be some sort of voter reimbursement, which could be “direct” which is called pay for votes or “indirect” in the form of better network/platform/government which will eventually translate into better Token price/GDP/standard of living etc for the individual. But indirect method is desirable since it is inclusive and benefits the community along with the individual.
Hence, BP Node shall never pay for votes, and also discourage any kind of direct voter dividend model.

Position on Dividend:

Below is the tentative revenue distribution plan, which might evolve or get modified based on actual numbers:

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