Do-Over? Dan Larimer Proposes Scrapping the EOS Constitution

“I am merely saying that the current constitution is not wise.” With that comment, Daniel Larimer — the creator of EOS — proposed a fundamental restructuring of the fifth-largest cryptocurrency’s on-chain governance model. That governance model has become the subject of much controversy during the early days of the EOS network, as block producers —

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Do-Over? Dan Larimer Proposes Scrapping the EOS Constitution

“I am merely saying that the current constitution is not wise.” With that comment, Daniel Larimer — the creator of EOS — proposed a fundamental restructuring of the fifth-largest cryptocurrency’s on-chain governance model. That governance model has become the subject of much controversy during the early days of the EOS network, as block producers —

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EOS Decentralization Questioned Again as Block Producers Freeze 27 Accounts

After just one week of the EOS mainnet going live, the community is questioning its decentralized nature. Early last week, the network’s 21 block producers who verify transactions and validate blocks froze seven EOS accounts allegedly belonging to thieves who had stolen funds by scamming users through phishing scams or other attacks. Thought the first

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EOS Faces Constitutional Crisis over Frozen Accounts

“Consensus by conference call” — that’s how one critic characterized the on-chain governance model employed by the nascent EOS network in the wake of several high profile incidents involving block producers. Most recently, the network’s 21 block producers — organizations who verify transactions and validate blocks — froze seven EOS accounts allegedly belonging to thieves

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