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/biz/ - Business & Finance

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9812861 No.9812861 [Reply] [Original]

Did you know that EOS accounts inactive for three years are forcibly redistributed?
>After 3 years of inactivity an account may be put up for auction and the proceeds distributed to all Members by removing EXAMPLE from circulation.
https://github.com/EOSIO/eos/blob/37ce45c0b60d2710569c2d1a9229945cc0e855a9/governance/constitution.md
The fuck is this shit? This is worse than paypal.

>> No.9812874
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9812874

>>9812861

>> No.9812878

>>9812861
Kek worst then the req random token burn

>> No.9812889
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9812889

>>9812861
>wow, a de facto centralized entity acts however they see fit
It truly activates my almonds

>> No.9812896

3 years? That's completely arbitrary. EOS is going to fail while Holo and Sky will take its place, neither of them have this kind of weird horseshit included.

>> No.9812904
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9812904

>>9812861

>> No.9812912 [DELETED] 

>>9812861
that part of the clause was removed. nice try though
https://github.com/Commoneffort/eos/blob/170e0552fbfe4ee93c37f1b91fea8a3e72f99b34/constitution.md

>> No.9812937

>>9812912
From your own link:
>After 3 years of inactivity an account may be put up for auction and the proceeds distributed to all Members according to the system contract provisions then in effect for such redistribution.
It's just stated differently.

>> No.9812983

>>9812937
Yeah they just changed the article number. I assume this is to prevent a scenario where xx% of tokens get lost forever from people dying and whatnot, since the tokens are actually required to run the network and they can't just go printing new tokens arbitrarily.

>> No.9813000

>>9812861
WHAT THE ACTUAL FUCK? THEY ROB THE HODLERS?!

>> No.9813009
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9813009

The Chad libertarian commie

>> No.9813039

And this latest revelation of how shit EOS is will just get the EOSfags to suck dan larimer's dick even more and pump up the price. They love it when he abuses them

>> No.9813063

>>9813000
>buy eos for everything
>have an accident
>in coma for three years
>oh boy can't wait to see how much my eos is worth
>0
>redistributed to jamal and friends according to the redistribution contract

also nice trips

>> No.9813072
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9813072

>>9812937
So my coin will went on an auction after 3 years unactive? How can an account become unactive? If I only check the info through the address does that count?

>> No.9813076

>>9813063
This also

>> No.9813119

>>9813072
No you have to make transactions.

>> No.9813153

>>9813119
which implies clicking on the like button for a social media platform or posting a comment. no need to purchase anything, just use the blockchain which has zero upfront fees