EOS Blockchain Governance & Creator Implication
EOS is the first blockchain that bind societal, economical, technical dimensions around of a self governed ecosystem.
To do this the last improvement of all of this ... is Trust ... we need Trust !
Dan Larimer has a 360° mindset about Blockchain, Decentralization, Distribution and I think the most impressive is the Governance of EOS and the consensus mechanism "Delegated Proof of Stake" DPOS where you have block producer participating in decision about the Constitution of EOS and also with the role of ECAF (default Arbitrory Forum).
The MainNet was launched (Phase 05: Crossed 150 million! 14 Jun 17:41 UTC) when 15% of votes were reached. Mark this in your agenda to never forget ! Only 14 days later (28 Jun) during this launch the EMLG was doing a big effort to ensure that the Constitution match with the desire of Governance of a such future DAO (Decentralized Autonomous Organization). By doing this the EMLG was facing to big challenges, among others : interpretation of the constitution, change of articles, human intervention !
In order to intent at most the "Code is Law", the smart contract and ricardian contract are the technical instruments to improve the Constitution and Arbitration.
Injection of fund by Block.one Team acting as a Block Producer in this race is at my opinion totally well done. Dan Larimer is definitively "Dan the Man" with his ability to challenge us in order to access to the "Truth".
The economical sector need a new era of applications aimed to join the centralized world with decentralized world represented here by EOS Blockchain.
All the measures taken by Dan Larimer are ergonomic when you consider that ergonomics is the adequacy between the human and .... the machine and here the machine is represented by his abstraction "Smart Contract" and "Ricardian Contract" associated.
Thank you Dan.
--- Here the Block.one of Jun, 28
Block.one’s Participation as Voting EOS Community Member
The swift and successful launch of the first fully functional EOSIO public blockchain by the EOS community this month represents a milestone in decentralized collaboration.
As a recipient of 10% of the initial EOS token allocation, Block.one recognizes its responsibility to participate as an active minority voting member. As such, our approach has been carefully considered, and Block.one will soon begin allocating votes to block producers that share the core values necessary to maximize the integrity and potential of the EOS public blockchain network.
The following are the values and considerations that will guide Block.one’s participation in the block producer election process:
Honesty, integrity, and fairness.
Transparency of identity, activities, and decision-making.
Abides by smart contracts and programming of network participants, in the absence of proven systemic bugs.
24/7 timeliness in processing transactions, upgrading the network, and emergency response.
Compliance with the Ricardian Contracts entered into when becoming a block producer.
Alignment on the EOS Constitution, the latest of which can be found here.
We are steadfast in our commitment to the above values and optimistic that our participation will positively impact the EOS network.
To facilitate maximum community choice, Block.one recommends that the system contract be updated to support approval of 50 producers per account compared to the 30 currently allowed. Block.one plans to identify and cast our approval for as many qualified producers as the code will allow.
We encourage block producer candidates that are interested in campaigning for Block.one’s support to reach out to us at [email protected]
We reiterate our excitement for the recent EOS community achievements and the EOS public blockchain’s ability to peacefully secure life, liberty and property.
The Block.one Team