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EOS Founder Wants to Scrap its Constitution

Written by:
Guest
Published on:
Jun/28/2018

Daniel Larmier, the founder and technical architect of EOS, stated on Wednesday he would like to scrap the platform’s early constitution. 

“I have learned a lot about human nature by watching the disputes, the witch hunts, the ‘bring everything before the ECAF [EOS Core Arbitration Forum]’ mindset,” he said just weeks after executives froze some seven individual EOS public keys without receiving any order to do so from the EOS Core Arbitration Forum (ECAF). which is tasked with determining accounts in violatio of the constitution.

Larmier is now drafting a new constitution whereby arbitration would be limited to simply correcting the intentions of smart contract codes.

“An arbitrator can render an opinion, and the parties can either comply or not and the arbitrator can indicate whether a party is in good standing … that is it,” Larimer assured. “An arbitrator should not ever have the power to take assets unless said assets were previously placed in control of the arbitrator. I don’t agree with placing all assets under the control of producers. I want to eliminate fraud at all levels, including the governance layer.”

Last week, Twitter user @ferdousbhai tweeted a screenshot of an unconfirmed EOS Core Arbitration Forum (ECAF) order for EOS block producers (BPs) to “refuse to process transactions” for the 27 accounts and key “until further notice and instruction from the ECAF.” The order was signed by Sam Sapoznick, in his capacity as the ECAF Interim Emergency Arbitrator, according to CoinGeek.com.

EOS calls itself “the most powerful infrastructure for decentralized applications”.

- Aaron Goldstein, Gambling911.com

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