Thursday, 28 June 2018

EOS considers scrapping constitution among chaos over governance

EOS considers scrapping constitution among chaos over governance
By Neer Varshney


Amidst all the chaos surrounding the EOS constitution, it seems Daniel Larimer, the cryptocurrency’s co-founder and technical architect, is giving up on its on-chain governance model. In a conversation on EOSIO Gov Telegram channel today, Larimer proposed to scrap the existing constitution calling it “unwise.” Indeed, he is working on proposing a new constitution. Larimer said that he has “learned a lot about human nature by watching the disputes, the witch hunts, the ‘bring everything before [EOS Core Arbitration Forum (ECAF)]’ mindset.” But he would now prefer to put an end to it. The EOS governance model drew severe criticism earlier this month when…

This story continues at The Next Web


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