First Arbitral Award & the Future of Arbitration for EOS

EOS was first envisioned to include mechanisms whereby users would have recourse in the event of lost assets due to compromised keys or bugs in code. The idea stemmed from the belief that mass-adoption of decentralized technologies requires common sense protections of user assets. Furthermore, based on virtually all understandings of ownership, proprietary rights exist beyond physical ownership of keys. Until today, blockchains have never assembled and executed a consensus protocol for account recovery in the event of lost or stolen keys.

On November 8th, 2018, the EOS Core Arbitration Forum (ECAF) issued the first arbitral award in favor of a victim of a phishing scam. The order allows a BP supermajority to change the keys of the account and restore sole possession of the account to the rightful owner. The order is pending approval (time publishing this article — 8:00PM PST November 9th, 2018) .

EOS42 has approved the order. Purely evaluated on the basis of evolving beyond the archaic practices of blockchains that offer no recourse for users with compromised accounts, we’re celebrating this important step in making EOS the premiere blockchain of the future. However, our approval is not an endorsement of ECAF or the current model of arbitration on the EOS blockchain.

The Future of Arbitration on EOS

EOS42 has championed efforts to return ownership of accounts to victims of lost or stolen keys. With the help of community enthusiasts and other BPs, EOS42 bootstrapped EOS911 to support victims of lost or stolen keys. However, while we’re enthusiastic about the idea of account recovery, EOS42 believes there may be superior ways to organize arbitration into the EOS network. EOS42 envisions solutions that unquestionably decentralize the systemic structure of arbitration into EOS protocol.

While we appreciate the contributions of ECAF, we do not believe an arguably self-appointed and unratified arbitration forum is in line with the underlying principles of a decentralized community. EOS42 will also lobby for free-market solutions that enable the right to autonomously select arbitration forums that enable personalized parameters for third party intervention. We believe this option achieves the right to personal freedoms, user protections, scalability, and protects the base layer architecture of the EOS blockchain.

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首例仲裁裁决 & EOS仲裁的未来

EOS最初的设想中包含这样一种机制:在密钥错误或代码错误导致资产丢失的情况下,用户可以寻求帮助。

这种想法源于这样一种信念,即,去中心化技术的大规模应用,要求对用户的资产进行常识性的保护。此外,基于对所有权的理解,所有权的存在,独立于密钥的物理所有权之外。直到今天,在丢失密钥或密钥被盗的事件中,区块链领域还从未形成并执行某个共识协议。

2018年11月8日,EOS核心仲裁论坛(ECAF)发布了首个有利于网络钓鱼诈骗中受害者的仲裁裁决。该命令允许BP超级多数更改帐户的密钥,并将帐户的唯一所有权归还给合法所有者。该命令正在等待批准

EOS42已经批准了该仲裁命令。区块链领域惯有的做法是对账户受损的用户不提供追索权,纯粹基于对这一陈旧做法的突破,我们正在庆祝EOS成为未来区块链所走出的这重要的一步。然而,我们的批准并不是对ECAF的认可,也不是对当前EOS区块链仲裁模式的认可。相反,我们倾向于在遵守临时公约的治理原则和此后的任何公约的基础上,执行这一仲裁命令。

EOS仲裁的未来

EOS42一直致力于将账户所有权归还给密钥丢失或被盗的受害者。在社区爱好者和其他BPs的帮助下,EOS42启动了EOS911项目为密钥丢失或被盗的受害者提供帮助。然而,尽管我们对帐户恢复的想法充满热情,但EOS42相信,可能存在更好的方式,将仲裁组织到EOS网络中。EOS42设想的解决方案无疑是将仲裁的系统结构去中心化,加入到EOS协议中。

虽然我们赞赏ECAF的贡献,但我们并不认为一个可以说是自封且未经批准的仲裁论坛,符合一个去中心化社区的基本原则。EOS42还将倡议自由市场的解决方案,使社区有权自主选择仲裁论坛,且为第三方干预提供个性化的参数。我们相信这一选项实现了个人自由的权利、用户保护和可扩展性,并保护了EOS区块链的底层架构。

EOS42 — Pioneering a Decentralized Future

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EOS42 PROJECTS:

CHINTAI (EOS Token Leasing)

EOS911 (Lost Key and Theft Support)

MEOW (My EOS Wallet)