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EOS creator Block.one to ‘participate’ in blockchain governance


EOS, the world’s fifth largest cryptocurrency, has been mired in chaos over ‘governance,’ ever since its blockchain went live earlier this month. Block.one, the currency’s parent company, is now jumping in to take control in its own hands. Block.one will participate in the EOS block producer elections, the company announced on its website on Thursday. As a recipient of 10 [percent] of the initial EOS token allocation, Block.one recognizes its responsibility to participate as an active minority voting member. As such, our approach has been carefully considered, and Block.one will soon begin allocating votes to block producers that share the…

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