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panekkkk's profile
panek
panek
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@panekkkk

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panek

@panekkkk

Director of Evidence-Based Medicine. Methodologist. Ethereum enthusiast. Forbes Bottom 30 Over 30. Clearblocks.

Joined August 2012

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    panek‏ @panekkkk 15h15 hours ago

    1/ Most don't know this but every tx in $EOS must include a hash of the EOS Constitution. This binds users to the constitution and failure to include it may be grounds for invalidating a tx. 🤦‍♂️ Here is the most recent draft: https://bit.ly/2IYjqVa  $BTC $ETH

    5:54 PM - 29 May 2018
    • 171 Retweets
    • 426 Likes
    • Remo Uherek 🇨🇭 Homi Lisa Arlin ⚡️ Gruber Marcus Medom Ryding Edwin den Boer ⛓️ Ivan Nenkov The Block Mike Dudas
    57 replies 171 retweets 426 likes
      1. New conversation
      2. panek‏ @panekkkk 15h15 hours ago

        2/ The 1st draft was written by -- wait for it -- http://block.one 's VP of Product: https://bit.ly/2L8kYca  Some highlights...

        3 replies 6 retweets 23 likes
        Show this thread
      3. panek‏ @panekkkk 15h15 hours ago

        3/ I. No lying. No user of this blockchain shall make knowingly false or misleading statements, nor statements that constitute discrimination or harassment, nor profit thereby. If you lie about your age anywhere ever you will be in violation.

        3 replies 9 retweets 29 likes
        Show this thread
      4. panek‏ @panekkkk 15h15 hours ago

        4/ IV. Voter Independence. No Member shall offer nor accept anything of value in exchange for a vote of any type, including for Block Producer candidates, Amendments or Worker Proposals, nor shall any Member unduly influence the vote of another. Riiiiiiighhhttt.....

        1 reply 4 retweets 25 likes
        Show this thread
      5. panek‏ @panekkkk 15h15 hours ago

        5/ V. No Owner or Fiduciary. This EOS Blockchain has no owner, manager or fiduciary. It is governed exclusively under the terms of this Constitution. He who creates the constitution therefore governs it.

        2 replies 5 retweets 28 likes
        Show this thread
      6. panek‏ @panekkkk 15h15 hours ago

        6/ VI. 100% Ownership Cap. No Member nor any Beneficial Interest shall own more than 10% of issued tokens. Laugh. Out. Loud.

        3 replies 7 retweets 57 likes
        Show this thread
      7. panek‏ @panekkkk 15h15 hours ago

        7/ VII. Agreement to Penalties. Each Member agrees that penalties for violations may include, but are not limited to, fines, account freezing, and reversal of transactions. Who is the judge and jury?

        3 replies 7 retweets 57 likes
        Show this thread
      8. panek‏ @panekkkk 15h15 hours ago

        8/ XVII. Choice of Law. Choice of law for disputes shall be, in order of precedence, this Constitution, the Maxims of Equity, and the laws of Malta. What in the actual living f@&!?

        4 replies 6 retweets 70 likes
        Show this thread
      9. panek‏ @panekkkk 15h15 hours ago

        9/ - Why is B1 drafting the constitution for all EOS chains? - Who decide who drafts the constitution? - How are changes made? - How is a final draft agreed upon? - How is it enforced? - Were any lawyers involved? - Is this a joke? It's gotta be a joke right? Right!?

        9 replies 8 retweets 85 likes
        Show this thread
      10. panek‏ @panekkkk 15h15 hours ago

        10/ Note that 10% cutoff level is set right at the amount of tokens publicly owned by http://block.one . Coincidence? https://eos.io/faq  This is not governance.

        2 replies 5 retweets 38 likes
        Show this thread
      11. panek‏ @panekkkk 15h15 hours ago

        11/ This underscores the challenges of governing a protocol not designed to be permissionless: i) constitution ii) monitoring iii) adjudication iv) penalization v) arbitration all require large-scale coordination of mental and financial resources.

        5 replies 8 retweets 55 likes
        Show this thread
      12. panek‏ @panekkkk 14h14 hours ago

        12/ Whereas permissionless protocols pass no judgement and let existing societal laws handle the above, EOS has decided to recreate large pillars of society. With no direct financial incentive for these services, I suspect such a model will quickly devolve. Scope. Creep.

        4 replies 7 retweets 37 likes
        Show this thread
      13. panek‏ @panekkkk 14h14 hours ago

        13/ Links (if you want to avoid shortners): https://forums.eosgo.io/categories/eos-governance-economics-philosophy … https://forums.eosgo.io/discussion/424/design-principles-of-my-v0-1-draft-eos-io-constitution …https://github.com/EOSREAL/EOSREAL_on_Governance/blob/master/Revised%20Version%20of%20Files%20for%20Conference%20Call%202/Revised%20Version%20of%20Constitution%20for%20Conference%20Call%202%20(May%2029%202018).xlsx …

        3 replies 5 retweets 13 likes
        Show this thread
      14. panek‏ @panekkkk 12h12 hours ago

        14/ $EOS official documentation states that the software *enables* a constitution (doesn’t say it requires one). If any $EOS folks want to clarify: Is this version intended for the “main” chain? If so, why is B1 involved?https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md#constitution …

        4 replies 5 retweets 16 likes
        Show this thread
      15. End of conversation
      1. New conversation
      2. ~s~‏ @sudo_script 15h15 hours ago
        Replying to @panekkkk

        Am I missing something or is this literally boilerplate? How do they plan to enforce any of this?

        3 replies 1 retweet 18 likes
      3. panek‏ @panekkkk 15h15 hours ago
        Replying to @sudo_script

        ¯\_(ツ)_/¯

        1 reply 1 retweet 27 likes
      4. premine apologist‏ @decentrali 11h11 hours ago
        Replying to @panekkkk @sudo_script

        if there's subjective voting (always some degree of subjectivity) it's good to create some set of rules written out voted on by everyone starting with draft 1 so you know what the rules are. the draft can change as the consensus on the rules change. clarity vs labor inensiveness

        1 reply 0 retweets 1 like
      5. Apollo‏ @ApollotheHills 10h10 hours ago
        Replying to @decentrali @panekkkk @sudo_script

        Legal documents by social consensus. What could possibly go wrong? Um, this is just like my opinion... but EOS might want to like use people with legal expertise to do legal stuff or this will end up as a joke slide in a law school lecture to help lighten the mood.

        1 reply 4 retweets 19 likes
      6. premine apologist‏ @decentrali 10h10 hours ago
        Replying to @ApollotheHills @panekkkk @sudo_script

        I think it will be interesting to watch good or bad :) every coin is like an experimental petri dish

        1 reply 0 retweets 4 likes
      7. premine apologist‏ @decentrali 10h10 hours ago
        Replying to @decentrali @ApollotheHills and

        I assume they aren't trying to make actual legal documents to be used in some real court, just guidelines for decision making on-chain. including a hash of the constitution unclear? maybe like TaPoS that includes a hash of a recent block to be confident which fork tx is meant for

        0 replies 0 retweets 1 like
      8. End of conversation
      1. New conversation
      2. Cris Carrascosa‏ @CarrascosaCris_ 11h11 hours ago
        Replying to @panekkkk

        Is this a joke?

        1 reply 0 retweets 5 likes
      3. panek‏ @panekkkk 10h10 hours ago
        Replying to @CarrascosaCris_

        As far as I can tell it’s a legit draft of a potential constitution. What isn’t clear is which chain is it intended for and who decides if it’s implemented? EOS claims to provide software only and the community is supposed to be responsible for launching the blockchain(s).

        2 replies 2 retweets 9 likes
      4. 1 more reply

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