Why vote for the Community Constitution?
EOS voters must decide on the very core of what EOS will become. We wrote the Community Constitution because we believe EOS deserves sound rules that allow for a level playing field for all EOS members. Rules that stimulate economic success, eliminate insecurity for investors, and provide long time security for dApp providers.
The Community Constitution is a joint effort of members of the EOS community. The community worked and debated for months to finalize the Community Constitution.
Code alone is unable to provide stability and security. Code can be changed easily. Without rules, the EOS core code may be altered to dismiss voting altogether; furthermore, voting could become obsolete. If votes end up in the hands of the few, monopolies will rise, structures will be hidden to mislead voters, etc. In all successful societies, freedom is safeguarded by rules. This is what the Community Constitution accomplishes — setting the foundational rules for an effective cooperative mechanism allowing for a free and informed vote from token holders. This practice ensures a level playing field, and additionally, provides a strong and professional dispute resolution system to ensure that all parties play by the rules.
The Community Constitution:
1. Acknowledges the important position of block producers, but limits their powers;
2. Ensures voting represents a real choice;
3. Introduces a special “referendum lite” to allow for fast and smooth decision making by the community;
4. Has a respected, well-funded, and professional international arbitration provider to enforce rules following complaints;
5. Allows the community to decide innovatively on lost and stolen keys incidents;
6. Ensures the EOS chain remains owned by many.
The Community Constitution is an actual agreement — it guarantees rights to the members, it imposes obligations, it cannot be overturned by code nor by the block producers (or anyone else for that matter), and finally, it can be enforced by arbitration. The rules are ad interim safeguarded by the Wipo Arbitration and Mediation Center, part of the World Intellectual Property Organization, based in Geneva, Switzerland. Wipo has agreed to be the interim default ADR provider in any dispute under the Community Constitution.
Lost and stolen keys are firstly dealt with through the Oath Protocol, an innovative solution that in a scalable and affordable way organizes community involvement through an ingenious jury system (based on their experience with such systems in China and the US).
Both solutions are interim. They can be replaced by the community through a “referendum lite”.
The real choice the voters have is between rules of the Community Constitution that eventually will take care of EOS current governance problems or just surrender to those problems.
