EOS and Block.one, a blockchain software company, are back in the news. However, the implications of this message are open to interpretation.
Over time, the EOS community has experienced a number of setbacks, including one S.significant decrease in the speed and quality of code production issued by Block.one for EOSIO. The EOS Network Foundation (ENF) can look back on an eventful past.
Yves La Rose, the community-elected CEO of the EOS Foundation, raised some major concerns. This is not surprising. Here’s what the community could do to help reinvigorate feelings across the community.
EOS founder Daniel Larimer suggested redesigning and restructuring the EOS brand. This could rephrase a new vision and new goals to encourage community members to participate and promote community growth. Something that could help the ecosystem become, or at least try to become, the largest DAO.
The following screenshot of a conversation shows the problem at hand:
Source: blockbeats.info
Yves La Rose further mentioned in his tweet:
“As a representative of the largest DAO in the world, EOS, that ENF welcomes new investors, developers, companies and individuals with open arms as we enter a new era. “
The above could only have triggered a certain dynamic in the price of the token and acted as a catalyst. At the time of going to press, EOS was up more than 5% in 24 hours. It traded just below the $ 3.45 mark.
Rising tensions
The conflict between the EOS Network Foundation (ENF) and BlockOne has worsened in recent weeks. The ENF said that BlockOne is deviating from the network’s interests and failing to keep promises.
The community decided to block the transaction of EOS 67 million – $ 250 million – that would be distributed over the next five years.
Source: bloks.io
This didn’t really come as a surprise. La Rose recently made it clear that EOS can no longer rely on BlockOne, stating that the company is not delivering on its promises and that the network will not be supported.
Nevertheless, he is optimistic and is not impressed by the potential of EOS. “The EOS network has taken its future into its own hands by voting to fire Block.one and no longer transfer tokens to it. This marks the start of a new era for EOS and underscores the power of blockchain in enabling a community to stand up to corporate interests that are inconsistent with theirs, ”he added.
Some of the added developments were further highlighted in his tweet, as detailed below.
The research and development emerging from the #ENF sponsored working groups will bring #EOS an avalanche of innovation and many other #EOSIO chains will benefit from this ongoing effort. @ HelloTelos @WAX_io @ultra_io @europechain_ @Eva_coop @Network_UX @oreprotocol @ protonxpr @joinFIO https://t.co/hHBZDW2PDc
– Yves La Rose (@EosNFundation) December 10, 2021
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