LONDON (Bywire News) - In an explosive chief delegates meeting, the members took aim at a dysfunctional DPOS layer with block producers accused of simply picking up a paycheck. Meanwhile, they secured significant votes to build the network and boost funding. Here are some of the highlights:
The Github is ready so they can now document what the Eden Accounting standard is.
They have secured the domain EOSReports.com and have developed wireframes for what it could look like.
Chuck has been meeting with people locally and setting up more speaking events.
He has been working on onboarding and engagement print materials. He is also working on a project for engagement.
He took part in the first Eden townhall event run by Bywire with Michael O'Sullivan on TwitterSpaces and provided an update on the work being done by Eden to the EOS fireside chat.
Gracie Lau’s update showed more progress on Eden China as well as a broadside against the damaging influence of some block producers.
Eden China delegates held a meeting and completed a trial election. The delegates are ready to confirm the transfer of funds.
The first biweekly consensus meeting has been held and they are building a talent pool and drop board. They currently only accept members whose working language is Chinese, but they hope to broaden this and reach out to others.
Having received a number of complaints from the community they are also testing the performance of the Eden main net to see how it works.
They pushed different actions every ten seconds to see what happens. The failure rate was up to 13%.
“Most BPs do not provide the service they are supposed to provide,” she says. People will be pushed away by all these things happening. When you’re using it and there’s an error, if nothing happens it’s really bad. I think we should look at this problem.”
Edgar Fernandez agreed. “It’s quite a shame and highlights – should Eden have access to their own infrastructure for this to work? If so, why as a community are we paying BPs to do so? I would call out the ENF for saying ‘we don’t get involved in tokens’. It’s coming back and affecting everybody. You can’t sit on the side lines anymore.”
A slightly less explosive update from Michael O'Sullivan. He has launched the TwitterSpaces and gained control of Eden Discord. He points out the need for a content management system on both platforms as the content they have is currently from before the last election.
He has also been working on a few big updates which will dominate the rest of the meeting including the Eden Treasury Report and the development of an Eden member service.
Eden Treasury Report
As agreed last week, O’Sullivan produced his Treasury Report.
This week’s figures are:
- Total Eden members: 420
- Eden EOS Treasury Account: 209.139
- Balance: 181.815.66
- Unclaimed EOS by Delegates: 27,323.34
As the renumeration has been equalised between the chief delegates, Edgar, the head chief was overpaid by 3189.7506 EOS and must return 2551.80048 EOS.
Setting up a Trust
A motion is held to set up a trust or legal entity through which Eden could secure its assets. This was discussed by the last set of chief delegates without any formal consensus being reached. That continues with the delegates agreeing to discuss more with input from Brock Pierce when he returns.
Proposed Eden member service
The chief delegates also voted to put the proposed new Eden member service into action. This would see Eden establishing permanent spheres which could support the development of Eden in areas such as technical support, marketing and communications. Each of these would be paid for their work.
O’Sullivan also proposed Eden provide some oversight and vote on the ENF and block producers. This would be largely symbolic, but he believes it could set a precedent and provide some leverage.
The problem of rogue block producers looms large. Currently, the only enforceable action the community can take is through the token holders voting them out.
For Fernandez, the overriding problem is the dysfunctional block producer layer.
“Clearly there are people who are not running infrastructure or running cheap infrastructure and collecting a pay check,” he says. “These are the same people who are appointing the ENF who are then appointing Eden. There’s something which is broken.”
The block producers are holding back Eden and there is little tangible that Eden can do.
“The fundamental DPOS layer is broken,” he adds, “every layer we put upon it is built on sand.”
Chuck MacDonald suggests one circle they might think about is intel. “We need to show the world why the hell you would invest in EOS right now.”
The only direction Eden can go in is information. He suggests a sphere which looks at broad descriptions of what DPOS is, what makes it special, and it could be a killer app if it was not captured by non-producing block producers.
“We’ve got all this potential which can work, but right now it’s dysfunctional. It’s only dysfunctional because not enough people know how they could influence the system.”
He also suggests influencing the ENF to support those lower block producers who are interested in running the history nodes but can’t due to a lack of resources.
Letting the community know that it can influence the direction of EOS and vote out non-producing block producers could be one of the important things which pushes Eden in the right direction.
Before the end, they had three other significant votes including the decision on whether to double the funding of the Eden Treasury. The motion was proposed by Michael O’Sullivan and seconded by Edgar Fernandez with one caveat. The original goal of Eden was to be funded by the members. Asking for more funds would make Eden more dependent on the ENF which in turn is dependent on the block producers.
Despite those concerns doubling the budget, especially in the light of the recent losses to the EOS token persuade the group to confirm the motion.
(Writing by Tom Cropper, editing by Klaudia Fior)