Yesterday, September 30, the EOS Alliance issued your firm stand out on their Medium blog the recent vote buying and collusion allegations. These claims were created against a handful of EOS’ top 21 block producers and some paid standby producers.
An Investigative Approach
Essentially, the EOS platform elects 21 rotating “block producers” who manage the network and verify transactions. However, there is reason when you consider that these producers were taking part to manipulate market trends and remain in charge of the blockchain:
“Serious allegations recently been made in Telegram and then the press of voting abuse by supporters of a few of the top 21 block producers and by other paid standby producers. Such abuse, whether or not this exists, might not exactly directly or immediately change up the public perception and business status for the EOS mainnet. However, dealing raise a truly serious question coming from what long-term viability belonging to the network.”
The EOS Alliance proposes a dispute resolution system to uncover the truth. Component is founded on three principles the EOS Alliance wishes to follow:
- That the neighborhood communicates their issues via current systems.
- Remember that every accused are innocent until proven guilty.
- To not found yourself in any conclusions until objective, repeatable evidence are available.
The team then says the fact that “virtually every corporation or government’s network” continues to be hacked into, while the Bitcoin blockchain, which EOS hails from, has never been. The fact is, “hacks” on the EOS blockchain are rather from “social engineering,” very similar to in the world of traditional politics. This reason is the reason the EOS Alliance is genuinely to access accusations, as a existence is totally possible.
Then, the post details how the dispute process would go:
- A list of EOS “mainnet” members file an insurance claim against the alleged via ECAF, the community resolution forum for EOS.
- ECAF then assigns someone to handle the outcome.
- Disputers place deposits against a “potential adverse verdict.”
- Those on the case look for information from relevant sources.
- Facts are investigated, and subpoenas are issued.
- Everyone involved can question the findings.
- A decision created via the deciding party.
- Parties either comply as well as block producers component of to make the change.
Bringing The city Together
The dispute process draws on the international trade rules from UNCITRAL, the U . n . Commission on International Trade, and it’s similar to Vitalik’s approach usually in the Ethereum DAO Hack.