For such a huge change, sure seems like very little detail. Term lengths etc? Im a fan of restructuring the DAO, always thought it needed it. But…. Yeah a little underwhelmed by this prop. I trust Dave also, but more detail is needed. A cabinet would be nice.
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Thanks @kauffdiggity for the trust. As far as the term length, it is as follows:
As this is an interim position, the duration of the position shall last until any of the following conditions are met:
-The to-be-formed foundation is incorporated;
-Validator nodes are live and the community can choose to elect a new Chair or reaffirm Dave McCoy's position;
-Another proposal is passed to replace Dave McCoy with another elected representative; or
-Dave McCoy releases a public statement via a post on the HIVE blockchain expressing a desire to abdicate the position.