Today on April 12, 2019, we are glad to announce the EOS mainnet’s constitution was changed from the interim version to the new EOS User Agreement (EUA), authored mainly by EOS New York and with lots of community input. EOS Canada celebrates this governance milestone and hope you do as well.
One fear that some large token holders may have around voting for on-chain referendums is the need to pull out their private keys if they are securely stored. With many accounts having never performed any actions since the launch of the chain, we believe that there needs to be a push to activate those account holders.
Two members from EOS Canada, Matt and Josh, were recently invited by Ashe Oro and Zane Whitener of eos.radio to take part in a panel discussion on the eosio.forum smart contract that Matt wrote, which was recently added to a system account. We were joined by Rohan of EOS Authority and Daniel from EOS Nation.
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.
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.