Block.One Is Taking a Bigger Role With EOS

As of now, each wallet can vote to up to 30 candidates to serve as block producers it's worth noting that block producers with the most support on the network have less than 3 percent of the current token supply backing them.

One controls so many tokens, that the field of potential block producers could effectively narrow to the 30 it picked, if and when it decides to finally enter a vote.

The EOS community elects these 21 block producers in a continuous election, which allows bad actors to be removed at any time.

Each wallet can vote its tokens for up to 30 block producer candidates.

As one redditor who looked at the wallet balances in the genesis block reported, 99 percent of EOS token holders control less than 14 percent of the token supply.

Joshua Kauffman, who leads governance and community efforts for one of the top block producers, EOS Canada, told CoinDesk that he believes Block.

Big decisions ahead. Besides changing out block producers, EOS faces other big decisions going forward, and by taking part in block producer elections, Block.

First, EOS hasn't yet passed a constitution to govern the protocol, so it doesn't have official rules for how block producers should resolve conflicts, as we have previously reported.

One abstains from votes in both of these cases, block producers with its support are likely to follow its lead, and the supporters of those block producers are likely to follow them.

By expanding the number of block producer candidates it can vote for, it might also expand the number that feel inclined to follow the company's lead. "I agree that Block.One has an oversized voice," Kauffman granted, but he also pointed out that the best way for Block.