EOS Block Producers Violate Constitution, Freeze 7 Suspect Accounts

Publicado en by Cryptoslate | Publicado en

In violation of the rules of the EOS constitution, the project's 21 block producers have frozen seven accounts suspected to be compromised.

Knowingly violating rules of the EOS constitution, the block producers are facing criticism for acting beyond their authority.

As per the constitution, such action can only be authorized by the blockchain's arbitration bodies - EOS block producers may only execute their decisions.

While funds were offered momentary protection by the inactive EOS blockchain - as soon as the mainnet's 72-hour staking period ended, all affected wallets were vulnerable.

EOS block producers pleaded their case to EOS Core Arbitration Forum representatives - effectively the blockchain's law enforcement agency.

Pointing to the current interim constitution, ECAF's ruling of inaction meant EOS BPs did not have permission.

"EOS New York chose to enact this freeze because we believed that we were following the spirit of the governance system we as a community seek to create, despite it being formally absent. EOS is a platform meant to enable solutions which protect life, liberty, and property and that's what we believed we were doing through this emergency action."

Amongst proponents of decentralization, the collusion of the block producers has typically been met with disdain.

In favor of EOS, many have been quick to defend the actions, pointing to the BPs' protection of legitimate account holders.

Just days after the stalled launch of its mainnet, the violation comes as the latest sting in a stream of controversies faced by EOS - including one Cornell professor's prediction of a "Massive exchange hack" brought about by a vulnerability in the blockchain's code.

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