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Tag: constitution

EOS Technical Chief Feels Account Censorship is a Flaw, Wants to Change “Constitution”

Category: Altcoins, Blockchain, Business, News, Regulation, Tech

EOS Technical Chief Feels Account Censorship is a Flaw, Wants to Change “Constitution”

Dan Larimer, the chief technical officer of EOS who previously created Bitshares and Steem, has stated the authority of the EOS Core Arbitration Forum (ECAF) over the network and its ability to censor, suspend, and confiscate user funds and accounts should be restricted. The EOS Controversy Even in disputes during which account users lose their funds to hackers or in…

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EOS Under Fire After “Constitution” Violates Own Rules

Category: Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech

EOS Under Fire After “Constitution” Violates Own Rules

EOS, the world’s fourth-largest cryptocurrency by market cap, is facing a backlash from the community over recent developments. After reports suggested 50 percent of EOS tokens are owned by less than ten wallets,  the 21 block producers of the cryptocurrency decided to freeze seven EOS accounts suspected for theft. The EOS911 As part of the EOS911 initiative, a safety protocol…

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