Block Producer pay - an alternative

in #eos6 years ago
  1. Be clear about the block producers mission: Build and run the infrastructure for the community and use all tax income to create that specific value for the community.
  2. Define how many standby BPs EOS should have and pay all BPs the same basic income.
  3. Pay each of the 21 producing BPs an additional revenue for production, the same amount for each one.

This simple payment model would

  • be perceived as fair and increase engagement
  • align the interests of the BPs with those of the community
  • eliminate conflicts of interests
  • address issues like vote buying, proxy voting etc.
  • at least partially save approval voting by allowing to big tokenholders to cast 10 - 15 votes without having to fear negative consequences for their preferred BP

1 EOS NodeOne - BP Revenue Analysis (Version 1)

2 Thomas Cox - Why 30 Stake-Weighted Approval Votes for EOSIO

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