THELOGICALINDIAN - EOS Nation has accustomed 1 badge 1 vote as a band-aid to block ambassador voting corruption
EOS Nation, currently the arch block ambassador for EOS, has appear that it supports an advancement alleged “1 token, 1 vote.” The affection is advised to abate voting malpractices on the blockchain.
EOS Nation Announces Support
Yves La Rose, CEO of EOS Nation, appear abutment for the EOS blockchain via Voice on Sept. 13, stating: “I accept been cat-and-mouse for this for a actual continued time. EOS Nation supports 1T1V.”
La Rose clarified in an interview that EOS Nation does not abutment 1T1V unconditionally, and that it absolutely against it until recently. He says that “1T1V, in a vacuum, is a absolutely bad idea” and that the affection could accept an aftereffect that is adverse of what is intended. That is, 1T1V could “cement” assertive block producers in their position.
Instead, EOS Nation supports the change for diplomatic, advanced reasons: the aggregation believes that 1T1V will abate battle in the community.
La Rose additionally recommends implementing 1T1V in aggregate with an bigger staking basin and allurement model, article that has not been absolutely implemented yet.
Will 1T1V Solve Problems?
At the moment, the capital botheration in EOS voting is the actuality that exchanges accept aegis of their barter tokens, accouterment them with asymmetric voting power.
Other controversies accept complex voter collusion amid block producers and sockpuppet accounts in which a distinct article runs added than one EOS node. “One token, one vote” redistributes voting ability in a way that doesn’t favor those entities.
There is affluence of abutment for the plan. Block.one admiral Dan Larimer and Brendan Blumer accept both bidding abutment for the change. Larimer has recently stated that allotment of the affection has already been coded and that a roll-out plan is in place. Much of the association is additionally calling for 1T1V or alternating models.
It is not bright how abundant action exists. Some block producers and exchanges would not account from 1T1V actuality implemented, but afar from EOS Nation, few accept vocally against it.
Though block producers accept remained abundantly silent, their attitude is critical—block producers charge ultimately accede to 1T1V in adjustment for the affection to be activated on the EOS blockchain.
