The EOS mainnet now has a live referendum system! The eosio.forum contract was recently approved and placed into a system account on the EOS mainnet by the Block Producers. With it comes the ability for token holders to clearly voice their opinion on many different matters that they feel are important to them. This is a huge step forward in on-chain governance in the blockchain space.
Months ago, EOS Canada began work on a smart contract to fulfill the promise of on-chain referenda for the EOS mainnet. The eosio.forum contract is now ready to become a system contract. We have created a multisig proposal for review by Block Producers and would like to run through the proposal.
A prominent Korean Crypto YouTuber, KillaWhale, recently hosted a panel to discuss the Worker Proposal System of EOS. Some of the key points were: how it could benefit the token holders, how it could be corrupted, and why it is important for the future of EOS.
Since the mainnet launch back in June, organized mass Block Producer calls have become more sparse. Lately, EOS Canada has taken part in many discussions surrounding the recent greylisting of accounts, and regarding the memory leak issues that have been noted by Block Producers across the ecosystem.
Update on the August 21st 2018 Security Update to the `eosio` System Contract (dubbed v1.1.0-sec.patch-3)
We want to take a moment to give an update on a mitigation for exploits discovered on the EOS Mainnet, deployed on August 22nd 2018, at 13:02 UTC with transaction 628293a6b5398747e14b2c0416b303b4d71a2ff287b02d6c63f236ddb4abda7e.
EOS Canada wanted to take a moment to give an update about what has been worked on for the referendum contract for EOS, how we got here, and some of the next steps. This has been a collaborative effort, with many Block Producer teams working hand-in-hand.
Josh walks through some of the contracts that we, as EOS token holders, have agreed to be virtue of our use of the blockchain. Does ECAF have authority on the EOS mainnet? Is the constitution currently active?