After a long delay in the launch of the EOS platform, the community finally managed to select 21 block producers, and the platform was launched on June 14. After working for 2 days, the network froze again, jeopardizing the security of user funds.
The launch of the platform was delayed due to quorum issues required for for EOS token holders to choose block producers through voting. However, two days later the network froze due to a software error. And while the creator of EOS, Block.one, was working on creating a patch to fix the error, block producers decided to discuss the problem and solve it in a way that would not harm other token holders. Since the error could potentially allow 7 accounts to allow thieves to steal funds from the platform, the decision was made to block them.
Many considered the actions of block producers to be a violation of the rules and a disregard for the very concept of decentralization, but in difficult situations difficult decisions have to be made. According to the rules, block manufacturers are executors of decisions made and approved, and not decision makers and approvers, however, given that the EOS constitution had not yet been ratified, they had the right to do what they did.
Their decision can be compared to Captain Sullivan's decision to land the plane on the Hudson. Acting in the interests of the passengers, he took control of the plane and acted as he saw fit. EOS block producers did the same.
Given the complexity of the situation, block producers for a long time could not decide what to do, because, on the one hand, they protect the owners of tokens, and on the other hand, they exceed their authority. If there were an established constitution and an EOS tribunal to make such decisions, then their actions could be considered a significant violation, but this is not the case. The producers froze the accounts so that ECAF could subsequently review and make a decision that would protect token holders.
Block producers also emphasized the need to ratify the constitution, since without an agreed upon “document” they are forced to make such decisions.
This is an example of excellent management decisions on the part of 21 block producers.
According to https://ethereumworldnews.com
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