There is no secret the EOS network has more intricate governance structure than any other blockchain out there. Naturally, we have our own constitution, voters, political parties (block producers), electoral college (proxy) and so on. The issue that has been discussed by the community for the last several months is the replacement of the current constitution with EOS User Agreement (EUA) proposed by BP, EOS New York.

Why proposed?

Let’s face it, we all know the EOS constitution is far from perfect. The greatest concerns are about the IX amendment (EOS Core Arbitration Forum (ECAF) as the fact that the constitution gives too much authority to non-elected entity bothers the community most of all. In the same manner, the XI amendment that claims the constitution and its subordinate documents can be changed only if a referendum upon an issue will hold 15% voter participation for 30 continuous days. The problem is there were no live use cases of a referendum to meet 15% of a threshold. Such discontent with the main document within the EOS network inspired both, the leading BP, EOS New York, and the EOS community to write their own ‘constitutions’ that would probably be better than the current ‘set of guidelines.’

EOS User Agreement (EUA)

EOS New York wrote and proposed the EOS User Agreement (EUA). The gist of the EUA can be put in one statement: every member of the EOS community has to be responsible for his/her activity within the EOS network meaning your private/public/owner keys as well as your wallets, accounts and any action you take within the network is your responsibility. Moreover, the EUA does not contain a word about arbitrary regulations, which basically implies that the settlement of disputes will be held via referenda.

Being proposed two months ago, the EUA has already earned 98% of yes votes from token holders and as of yet, has to be approved by 5 more top block producers for the decision to finally replace the interim constitution. Many leading block producers have shared their ideas and opinions about the agreement, yet not all of them stand completely in favor of EUA.

In this vein, the team of eosDublin has published their 10 reasons why they cannot support the EUA. In their mind ‘we deserve better’. Likewise, a standby block producer, CryptoLions, published an article comparing the EUA to EOS Community Constitution (ECC). Having a slight preference of the EUA over the ECC, the CryptoLions still think the User Agreement can be improved.

Mr. Daniel Larimer has also expressed his opinion about the EUA. In his mind, the User Agreement is better than the existing constitution, yet the document itself is too long.

As the spirit of libertarian thought is spreading among the community, it seems that anarcho-minarchists are winning this political race at the moment. The ecosystem is growing fast and we are still learning from our mistakes. There will probably be other proposals aimed to replace the User Agreement someday, but as of today, we stand that the EUA is a step forward towards empowering the EOS network.

Are you minarchist or anarcho-capitalist? Read our article to find out.

What do you think about the EUA? Let us know in the comment section below!

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