In my last article, I explored the comparison of Telos and EOS in terms of the dApp developer features. I also mentioned that this series of comparisons is not about which chain is better, but to differentiate between the two. In this article, I will be exploring the governance portion.
I know that this is a touchy topic in the EOS space because there are still some governance issues we all in the EOS community are still grappling with. Anyway, let's jump right. I will be giving credit to Douglas Horn, the architect and author of the Telos whitepaper, who has played a huge role not only in birthing the Telos idea, but has also been the voice that keeps making clear what Telos is trying to achieve in the EOSIO stratophere.
Here are the differences in governance:
Ratification:
Telos Ratify/Amend is implemented at launch. Any governance document can be submitted for ratification or amendment on a clause-by-clause basis.
EOS Ratification is not yet implemented. A process has been proposed.Worker Proposal System (WPS):
Telos WPS is implemented at launch. Any user can propose a project that token-holders can vote on without a board required to approve it.
EOS Ratification is not yet implemented. A process has been proposed.Arbitration:
Telos Arbitration is managed by smart contract. Arbitrators are elected by token-holders.
EOS Arbitration is by ECAF (EOS CORE ARBITRATION FORUM). Arbitrators are appointed.Block Producer Governance:
Telos Block producers are governed by regproducer contract which lists BP prohibited actions, penalties for infraction, and method of enforcement.
EOS Block producers are governed by regproducer contract which lists BP prohibited actions only, without mention of penalties or enforcement method.Constitution:
In Telos, Telos Blockchain Network Operating Agreement (TBNOA) clearly defines elements of blockchain and its operation.
In EOS, current EOS Constitution is interim.Arbitration rules:
In Telos, Telos Blockchain Network Arbitration Rules and Procedures(TBNARP) describe all elements of arbitration. Minimum requirements apply to arbitrators. Most candidates are legal professionals.
In EOS, ECAF rules and Arbitration workbook (unreleased) describe arbitration process. Arbitrators are not legal professionals. No minimum requirements are published.
I hope that this short list of comparisons regarding the governance on both chains have been helpful. Stay tuned for the next part of series as we look at the technology comparisons.
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