EOS Governance. What could be done here?

[vladimirhf]

As you may know, the EOS block producers are concentrated in China and many are exchanges.

https://www.coindesk.com/everyones-worst-fears-about-eos-are-proving-true

Do you think that Block.One should vote to redefine the block producers? what they could do?

Share your thoughts, constructive comments please

[1715075730]

1715075730

[1715075730]

1715075730

[1715075730]

1715075730

[juperos]

As you may know, the EOS block producers are concentrated in China and many are exchanges.

https://www.coindesk.com/everyones-worst-fears-about-eos-are-proving-true

Do you think that Block.One should vote to redefine the block producers? what they could do?

Share your thoughts, constructive comments please

I am currently seeing negative investor sentiments about EOS. Sadly, because the EOS team painted a great technology picture, they could not finish it in time.
That's why the value of EOS is declining and I think they need to redefine their tracks in the right direction and bring profits to investors.

[knuckey]

at the time of the ICO, EOS got 185 million from the sale of tokens, but this was not as smooth as the journey and the huge funds did not make EOS grow rapidly. many people think of EOS as an Ethereum killer, but this is contrary to the fact that EOS is still far below Ethereum.

now the era of the smart contract platform is over and I hope that EOS can develop further to provide the latest innovation in the crypto industry.

[vladimirhf]

at the time of the ICO, EOS got 185 million from the sale of tokens, but this was not as smooth as the journey and the huge funds did not make EOS grow rapidly. many people think of EOS as an Ethereum killer, but this is contrary to the fact that EOS is still far below Ethereum.

now the era of the smart contract platform is over and I hope that EOS can develop further to provide the latest innovation in the crypto industry.

I asked about the governance, how the block producers are being elected. I did not ask if it is better or worse than ethereum, I did not mention the ico or how the prices are growing. It's not a question about markets.

Please, read carefully the original post and the link provided first. Don't spam the thread with generic comments. Everytime someone says "ethereum killer" an unicorn dies in Wonderland. Unicorns are friends. Stop killing them.

[jossiel]

EOS is the known Chinese Ethereum so it's not surprising that they are concentrated to a specific country today.

now the era of the smart contract platform is over and I hope that EOS can develop further to provide the latest innovation in the crypto industry.

But they are facing now this fear of being too centralized. Compare to Ethereum which is also a known semi-centralized crypto but it didn't have that kind of issue before because ICOs were now over.

About Block.One, I think they have to step in.

[Febo]

As you may know, the EOS block producers are concentrated in China and many are exchanges.
Share your thoughts, constructive comments please

Why I thought that exchanges in China are rare. So they are not? Which exchanges are this EOS block producers?

[vladimirhf]

As you may know, the EOS block producers are concentrated in China and many are exchanges.
Share your thoughts, constructive comments please

Why I thought that exchanges in China are rare. So they are not? Which exchanges are this EOS block producers?

I didn't say the exchanges are in China, I said that block producers are concentrated in China, and many are exchanges. Not necessarily exchanges are in China Maybe I didn't express myself well. Three big ones are in the top 10: okex, huobi and bitfinex. Also whalex #10 and newdex #11.

Here is the rank of block producers https://eosauthority.com/producers_rank

About Block.One, I think they have to step in.

yes, but how? they will be accused of centralization anyway. I guess it's the reason why they did not vote.

[lobo13hf]

As you may know, the EOS block producers are concentrated in China and many are exchanges.

https://www.coindesk.com/everyones-worst-fears-about-eos-are-proving-true

Do you think that Block.One should vote to redefine the block producers? what they could do?

Share your thoughts, constructive comments please

Block.one should not do that, but block.one is the main problem lol

“Block.One kind of screwed up royally because they could have used their leverage to steer in the right direction, but they chose not to do it,”

https://www.coindesk.com/everyones-worst-fears-about-eos-are-proving-true
Block.one is the worst part of EOS ecosystem.