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Dialogue with the head of the EOS Network Foundation: Block.one does not think they owe the community

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Is EOS going back to the mainstream?

On February 10, Yves La Rose, the leader of the EOS Network Foundation (ENF), updated his tweet saying that the EOS Network Foundation is taking all possible legal means to demand that Block.one return its $4.1 billion raised during the EOS crowdfunding phase. Block.one’s dereliction of duty over the years has caused serious damage to the EOS ecosystem. Block.one should be responsible for its dishonesty and return the assets that originally belonged to the EOS ecosystem.


EOS suddenly took a new action. On December 8 last year, the 17 master nodes of the EOS network passed and implemented a proposal. The content of the proposal is " Stop releasing B1's account Token".


At that time, the B1 account had 68 million EOS. According to the proposal approved for implementation, the 2 million EOS balance in the B1 account was available, but the 66 million EOS that had not been released , can no longer be used.


In the past few years, the EOS chain has been "difficult to describe", and its debut is the pinnacle, and now it has almost become a meme. But now, the community represented by ENF seems to want to change EOS. Rhythm BlockBeats chatted with Yves La Rose, head of ENF, to hear his views on ENF, Block.one, and the future of the network EOS.


About ENF


Rhythm BlockBeats: Yves You were in EOS Nation before, I remember that the node is doing well, why did you establish ENF?


Yves: After resigning from the position of CEO of EOS Nation, I started to take a back seat and spent two months from different Reflect on the EOS ecosystem from a perspective. I sought advice from the many people in the community who have supported me throughout my years of work. In conversations with them, I was reminded of what attracted me to EOS in the first place, and the magic that many of us once felt as an inspiring community member, while thinking about the realities we face as we revitalize EOS difficulty.


I learned this during my tenure as CEO of EOS Nation, and now I have a new understanding and a chance to take time to reflect. The vast majority of feedback I've received has been that establishing an EOS foundation has the best chance of successfully turning things around and pushing EOS in the right direction.


I believe EOS remains an incredible technology with some of the best and brightest community members in the entire blockchain space. Their knowledge and expertise can be seen in our recently published blue papers, which are being used to guide our roadmap to make EOS the best blockchain ecosystem in the world.


Rhythm BlockBeats: EOS actually had many organizations at the earliest, such as arbitration courts, foundations, etc. What's the difference?


Yves: Those organizations, or other attempts to establish the EOS Foundation, have not obtained the consensus of BP (nodes), so There is no way to coordinate the pooled capital needed to fund the resources of an entire ecosystem.


There has been a lack of leadership and direction for EOS and its community over the years due to Block.one's (B1) reluctance to take on this role. During that time, I had many expectations of what B1 or the EOS Foundation could accomplish, and now, as Executive Director of ENF and leader of EOS, it is my responsibility to live up to those expectations.


About the prosecution


Rhythm BlockBeats: What stage is the investigation and evidence collection now? What are the main forensic investigations?


Yves: This is an ongoing investigation so I cannot comment on the evidence that has been gathered in relation to this Comment. However, we also recently issued a call to action to the EOS community, asking them to submit additional evidence related to their personal and business experience with Block.one and EOS. Any information on this can be emailed to b1xentation@eosn.Foundation.


Rhythm BlockBeats: Has the Potential legal action been decided to sue?


Yves: All legal avenues are under discussion, including but not limited to class actions or other representative actions. We will continue to share more details as the case progresses.


Rhythm BlockBeats: You said on Twitter that you will sue Block. Any dereliction of duty? For example, there is no ecological support?


Yves:In fact, Block. The attitude also rushed into EOS. This situation is more serious than Token financing. But the problem is that Block.one didn't deliver on what it said, and that meant the members' input was wasted.


Rhythm BlockBeats: I think the more interesting point is why it is only now starting to take action on Block.one. The dissatisfaction should have started in 2019. Why did you take action after 3 years?


Yves: Until August 2021, ENF was not authorized by EOS nodes to promote on behalf of the EOS network and its participants. Block.one's breach of trust affects all network participants. With this in mind, we believe that the ENF has the moral authority to conduct an investigation on behalf of the network into the extent of the harm it has suffered and conduct a full review of how wrongs can be corrected.


One of the purposes of our recent announcement regarding the lawsuit against Block.one was to let members of the EOS community know that we understand their concerns and that they have been unfairly treatment, and assess the network's level of interest in pursuing legal recourse where possible. Going forward, we will continue to consult with community members and stakeholders on this issue while exploring all possible solutions.


Rhythm BlockBeats: Some time ago, the node blocked the account of B1. ENF was the community representative to negotiate with B1. You modified various plans to satisfy both parties, but The negotiation still broke down. Did B1 express anything after the account was blocked?


Yves: After the action on December 7th, there has been no formal communication with Block.one. They even removed the ability to comment on the accounts of Brendan Blumer and Bullish on Twitter, making it harder than ever to reach them.


In fact, since late November, the EOS official account with 263,000 fans has no sense of existence at all, even more than before. They also failed to make any formal communication or blog updates on eos.io in mid-November and b1.com on December 6th.


Rhythm BlockBeats: I understand that the prosecution seems to be an escalation of the account closure incident. I can understand that you have not achieved the results and conditions you want? What is the condition you want to obtain in the end?


Yves: In the negotiation with Block.one, one of the ultimate goals is to obtain a certain amount of external funds for EOS Continuous development without being consumed by EOS inflation. But Block.one does not think they owe the EOS community.


Rhythm BlockBeats: Do you want the company Block.one to be completely excluded from the EOS ecosystem?


Yves: Block.one is still an EOS holder, and they are welcome to use any capacity as a private entity holding Token for EOS make a contribution.


About EOS


Rhythm BlockBeats: In the past two years, from the black swan crash, to the super bull market, to DeFi, NFT, Layer2, new Layer1, all tracks and EOS have It doesn't matter, what are you doing during this time? What is ENF doing?


Yves: EOS is still one of the battle-tested high-performance blockchains, and it will soon enable Solidity-based contract. We believe the EOS EVM will be the most scalable EVM on the market and it is expected to be completed in the next two to three months.


Rhythm BlockBeats: Do you think EOS supports EVM is a very interesting thing?


Yves: Native EOS development will take some time to complete the outline in the blue paper to make development easier and more streamlined. At the same time, we are able to leverage the large Solidity developer base and extensive open source code, SDK, which they can use to deploy decentralized applications quickly and efficiently.


Building an EVM chain on EOS is similar to a chain-in-chain, and it will open up for other large and mature projects in the Ethereum ecosystem (such as Graph and Rosetta, etc.) The door to countless partnership opportunities.


In addition, due to the strong code base of Solidity-based contracts, new projects can be quickly replicated and deployed on the EOS EVM, and most of the funds will be spent on marketing and Community building instead of designing applications from scratch like on native EOSIO.


Later this year, we will also launch ENF Ventures, which will be the venture capital arm of ENF. One of its first investments will be an entire suite of EVM products built around the EOS EVM.


Summary


It can be found that ENF has gradually become the new leader of the EOS community. This organization established in August 2021 has multiple ecological interests in EOS nodes, communities, etc. With the support of relevant stakeholders, he began to confront Block.one on behalf of the community.


In the action of 17 nodes on the B1 account a few weeks ago, it was also ENF, as a representative of the EOS community, who first negotiated with Block.one, and failed after several rounds of negotiations. An event occurred in which the remaining EOS of the B1 account was frozen.


ENF also said during the live broadcast that EOS will support EVM in the next few months. , at least EOS will start to have new changes. And this is also one of the most efficient ways to start the ecology. After all, the ecological status of Ethereum cannot be shaken, and the addition of EVM can attract many developers and users. At the same time, this is enough to show that ENF has begun to dominate the community, hoping to help EOS return to the mainstream.


While solving the "trouble" of Block.one, ENF's community reputation is also growing day by day. But no matter what the final result is, the EOS community, which has been silent for 4 years, should also start a new cycle.  


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