The EOS public blockchain has quickly become one of the highest performing and most used public blockchains in the world, but it is important to be reminded of its infancy having launched less than five months ago.

We are beginning to see live environment results of a new form of consensus that aligns token holders with block producers by incorporating the community into the selection of the individuals that run and govern the network.

We are aware of some unverified claims regarding irregular block producer voting, and the subsequent denials of those claims. We believe it is important to ensure a free and democratic election process within EOS and may, as we deem appropriate, vote with other holders to reinforce the integrity of this process. We continue working on our potential involvement with the goal of empowering the intent of the greater community through a transparent process that incorporates community feedback.

As we go forward and continue to improve the EOSIO open source code, we extensively think about the future of decentralized governance and are committed to continually pushing thought leadership on optimal design.

We remain very optimistic about the future of the EOS public blockchain and see its rapid adoption as evidence of success in delivering a free, high performance, decentralized infrastructure for next generation internet applications.

-Brendan Blumer, CEO, Block.one

Contact

media@block.one

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