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RE: The Proposed EOS Mainnet Constitution: What Should We Keep, Change, Add, or Throw Out?

in #eos7 years ago

Comments on Article XV

Likely yes. While network resources reserved by an inactive user should be freed for use, this Article may be too onerous for the emerging days of the network. We also don’t like the precedent being set with confiscating tokens. Dan L. has argued that protecting long-term holders would be trivially simple with a smart contract, but we’re unconvinced. But there may be other solutions the community can develop such as what Gavin, of The EOS Voters Hub, proposed: create a “charity pool” where unused tokens would be placed. In this pool, fledgling dApp developers, or non-developer community members, could borrow these tokens until a user reclaims them using their private key.

I believe that inactive accounts tokens should be confiscated and burnt, if they cannot at least meet their responsibility of refreshing a decaying vote in an effort to ensure the safety of the network then they are no longer fit to hold them. It's ridiculously easy to cast any transactions to reset the 3 year timer.

There will be accounts either abandoned or held by the deceased lingering in the network, there are enough staked tokens which aren't with an active vote, let's not make more of them.

The nature of 'borrowing' the tokens for charity may be expensive both technically and politically with a possibility of borrowed tokens be used for voting influence.

could borrow these tokens until a user reclaims them using their private key.

Redemption of abandoned accounts with just a Private key I feel is too dangerous, it will become a target to malicious actors and is prone to future attacks of quantum cryptography etc.

Burn the tokens, deflate the supply and move forward I say.

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I think we should simply add consequences for people that don't vote for three years, like they will forfeit any future airdrops, that alone is enough to get most in action. But what if one is sent to prison, I know this seems crazy, but it happens to billionaires all the time and it is not fair for someone to lose their wealth because a bunch of thugs throw them in a cage.