EOSC
  • EOSC Mainnet Introduction
  • Tutorial
    • Updated Guide to Activate EOSForce on Math Wallet
    • Updated Guide to Activate EOSForce on Scatter
  • Proposal
    • EOSFORCE Mainnet Improvement Proposal
      • FIP #19 EOSC Mainnet Fee Adjustment Proposal
      • FIP #18 Proposal for Introducing An Entrusted Foundation to Participate in The Governance of Budget
      • FIP #17 A Proposal to Adjust The Publicity Period of Budget System
      • FIP #16 A Proposal for Adjustment of the Secretariat’s Salary
      • FIP #15 A Proposal to Adjust Block Missing Fault Tolerance Value
      • FIP #14 About the Modification to Adjust Node Block-Producing Stability Value
      • FIP #13 Improve node information and adjust node penalty rule
      • FIP#12 Proposal to Adjust RAM Rental Price
      • FIP#11 Amendment Proposal to the Destruction of Unactivated Genesis Accounts and Tokens
      • FIP#10 A Proposal to Adjust the Allocation Plan of B1 Account Tokens
      • FIP#9 A Proposal to Destroy The Unactivated Genesis Accounts And Tokens
      • FIP#8 A Proposal to Adjust The Upper Limit of EOSC Mainnet Contract Deployment
      • FIP#7 EOSFORCE Mainnet Improvement Proposal
      • FIP#6 Non-Delay Vote Token Redemption Proposal Voting
      • FIP#5 Community Secretary Compensation Proposal
      • FIP#4 EOSFORCE Mainnet Inflation Adjustment Proposal
      • FIP#3 EOSC Mainnet Unactivated Genesis Account Lockup Plan Proposal
      • FIP#2 EOSC Mainnet Voting Reward Proposal
      • FIP#1 Eosforce Mainnet BP Conference System
  • Latest News
  • Latest News on EOSC Mainnet
    • EOSC Community News #90
    • EOSC Community News #89
    • EOSC Community News #88
    • EOSC Community News #87
    • EOSC Community News #86
    • EOSC Community News #85
    • EOSC Community News #84
    • EOSC Community News #83
    • EOSC Community News #82
    • EOSC Community News #81
    • EOSC Community News #80
    • EOSC Community News #79
    • EOSC Community News #78
    • EOSC Community News #77
    • EOSC Community News #76
    • EOSC Community News #75
    • EOSC Community News #74
    • EOSC Community News #73
    • EOSC Community News #72
    • EOSC Community News #71
    • EOSC Community News #70
    • EOSC Community News #69
    • EOSC Community News #68
    • EOSC Community News #67
    • EOSC Community News #66
    • EOSC Joins the Coinex Chain Pre-Election Node Process
    • EOSC Decentralized Budgeting System Launched, Two Proposals Approved in the First Week
    • The Election of The 1st EOSC Community Management Committee Ended
    • The Freezing Execution of Unactivated Account Balance Completed, FIP#11 Officially Takes Effect
    • Publicity of FIP#11 Freezing Account List Ended, Freezing Execution of Unactivated Account Starts
    • The Implementation of FIP#11 Freezing Proposal Tested, And The Frozen Account List Publicized
    • BPs Have Completed the Multi-Sig for FIP#12, RAM Rental Price Adjustment Proposal Takes Effect
    • EOSAwake And Sky.eosc Initiated A Proposal to Adjust RAM Rental Price
    • EOSC Will Be Listed on Hotbit
    • EOSC Will Be Listed on CoinEx
    • EOSC Community Will Test The Implementation of FIP#11 Freezing Proposal
    • EOSC Community Open Registration for Management Committee Election
    • EOSC Will Be Listed on Bibox
    • EOSC Community Reached A Fundraising Campaign
    • Announcement on Amendment Proposal to the Destruction of Unactivated Accounts and Tokens
    • Exchanges Have Successively Claimed EOSC Assets
    • BPs Voted to Pass A Proposal to Destroy the Unactivated Genesis Accounts and Tokens FIP#9
    • Awake Initiated A Proposal to Adjust the Allocation Plan of B1 Account Tokens
    • Sky.eosc and Awake initiated A Proposal to Destroy The Unactivated Genesis Accounts And Tokens
    • BPs Approved Multisig of EOSC Mainnet Contract Size Adjustment Proposal FIP#8
    • EOSC Will Be Listed on KuCoin And Make A Distribution to Qualified EOS Holders
    • EOSC Will Be Listed on KuCoin
    • JIQIX Initiated A Proposal to Adjust The Upper Limit of EOSC Mainnet Contract Deployment
  • ORGANIZATIONS
    • Introduction of EOSC Autonomous Organizations
      • EOSC Development Team
      • Statute of EOSC Decentralized Budgeting Committee
      • Statute of The Secretariat of EOSC Mainnet BP Meeting
  • NODES
    • Introductions of EOSC Mainnet Nodes
      • KOREOS
      • TokenView
      • sky.eosc
      • CCBC
      • 吉池
      • blockpro
      • JiqiX
      • Hexlant
      • EOSpeople
      • 挖链网
      • EOSeco
      • Cindydaily
      • 九州资本
      • Forcesphere
      • 原柚
      • EOSGOD
      • Titan
      • 水木
      • 一道资本
      • EOStrust
      • Everest
      • 链圈
      • Eosjedi
      • EOSmainBP
      • eosgov
  • WEELKY REPORT
    • EOSC Weekly Reports
      • EOSC Weekly Report #98
      • EOSC Weekly Report #97
      • EOSC Weekly Report #96
      • EOSC Weekly Report #95
      • EOSC Weekly Report #94
      • EOSC Weekly Report #93
      • EOSC Weekly Report #92
      • EOSC Weekly Report #91
      • EOSC Weekly Report #90
      • EOSC Weekly Report #89
      • EOSC Weekly Report #88
      • EOSC Weekly Report #87
      • EOSC Weekly Report #86
      • EOSC Weekly Report #85
      • EOSC Weekly Report #84
      • EOSC Weekly Report #83
      • EOSC Weekly Report #82
      • EOSC Weekly Report #81
      • EOSC Weekly Report #80
      • EOSC Weekly Report #79
      • EOSC Weekly Report #78
      • EOSC Weekly Report #77
      • EOSC Weekly Report #76
      • EOSC Weekly Report #75
      • EOSC Weekly Report #74
      • EOSC Weekly Report #73
      • EOSC Weekly Report #72
      • EOSC Weekly Report #71
      • EOSC Weekly Report #70
      • EOSC Weekly Report #69
      • EOSC Weekly Report #68
      • EOSC Weekly Report #67
      • EOSC Weekly Report #66
      • EOSC Weekly Report #65
      • EOSC Weekly Report #64
      • EOSC Weekly Report #63
      • EOSC Weekly Report #62
      • EOSC Weekly Report #61
      • EOSC Weekly Report #60
      • EOSC Weekly Report #59
      • EOSC Weekly Report #58
      • EOSC Weekly Report #57
      • EOSC Weekly Report #56
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      • EOSC Weekly Report #51
      • EOSC Weekly Report #50
      • EOSC Weekly Report #49
      • EOSC Weekly Report #48
      • EOSC Weekly Report #47
      • EOSC Weekly Report #46
      • EOSC Weekly Report #45
      • EOSC Weekly Report #44
      • EOSC Weekly Report #43
      • EOSC Weekly Report #42
      • EOSC Weekly Report #40
      • EOSC Weekly Report #39
      • EOSC Weekly Report #38
      • EOSC Weekly Report #37
      • EOSC Weekly Report #36
      • EOSC Weekly Report #35
      • EOSC Weekly Report #34
      • EOSC Weekly Report #33
      • EOSC Weekly Report #32
      • EOSC Weekly Report #31
      • EOSC Weekly Report #30
      • EOSC Weekly Report #29
      • EOSC Weekly Report #28
      • EOSC Weekly Report #27
      • EOSC Weekly Report #26
      • EOSC Weekly Report #25
      • EOSC Weekly Report #24
      • EOSC Weekly Report #23
      • EOSC Weekly Report #22
      • EOSC Weekly Report #21
      • EOSC Weekly Report #20
      • EOSC Weekly Report #19
      • EOSC Weekly Report #18
      • EOSC Weekly Report #17
      • EOSC Weekly Report #16
      • EOSC Weekly Report #15
      • EOSC Weekly Report #14
      • EOSC Weekly Report #13
      • EOSC Weekly Report #12
      • EOSC Weekly Report #11
      • EOSC Weekly Report #10
      • EOSC Weekly Report #9
      • EOSC Weekly Report #8
      • EOSC Weekly Report #7
      • EOSC Weekly Report #6
      • EOSC Weekly Report #5
      • EOSC Weekly Report #4
      • EOSC Weekly Report #3
      • EOSC Weekly Report #2
      • EOSC Weekly Report #1
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  1. Latest News on EOSC Mainnet

Sky.eosc and Awake initiated A Proposal to Destroy The Unactivated Genesis Accounts And Tokens

Proposal: A Proposal to Destroy The Unactivated Genesis Accounts And Tokens

Proposer: Sky.eosc, Awake

Time: Aug 13, 2019

EOSFORCE.IO is an EOSC mainnet based on EOSIO system, but launched in accordance with its own unique governance philosophy. At the beginning of mainnet launch, EOSC tokens was 1:1 mapped in accordance with EOSIO genesis accounts for community members with the same consensus to activate and claim for free, jointly building and prospering EOSC mainnet community and ecology. With more than a year of safe and stable operation, some EOSIO genesis users have actively activated the EOSC mainnet tokens and participated in the community and ecological construction. Through creating EOSC accounts, Some non-genesis users have purchased from the secondary market and participated in EOSC mainnet community governance and ecological construction. At present, the EOSC mainnet has been greatly improved in terms of the on-chain governance and underlying protocols, including improving the voting mechanism, adjusting the inflation rate, adjusting the secondary distribution, etc. EOSC has become another mature blockchain network of EOSIO system. And EOSC tokens officially got listed on the mainstream centralized exchange KuCoin, which is more convenient for buying and selling tokens in the secondary market.

At present, the new EOSC tokens mainly come from the additional issue by each block and the activation of the genesis mapped accounts. Each of the block issuance has been clearly defined according to the governance model. The annual inflation rate is 20% with corresponding additional issue allocation mechanism, and the treatment of unactivated tokens of genesis accounts has always been the focus of community discussion. In October 2018, the community had been discussing the tokens of unactivated genesis accounts for more than a month. In view of the fact that the unactivated mapping accounts did not participate in community governance nor make any contribution, the community adopted Unactivated Genesis Account Lockup Plan ProposalFIP#3 proposed by Awake, jiqix, EOSOU, and Walian, locking 80% of EOSC tokens of unactivated genesis accounts, keeping the activating right of the remaining 20% EOSC tokens, to encourage non-genesis users to participate in the EOSC community construction as soon as possible.

While after more than a year of operation, some genesis accounts still have not activated and claimed free EOSC. Correspondingly, some new members of the community recognize the EOSC consensus, actively purchase tokens from the secondary market and participate in community governance and ecological development. On the basis that the token mapping was only a token allocation model for EOSFORCE mainnet launch, the future community and ecological development will rely more on the consensus of existing members.

In order to balance the fairness of community governance, the following plan is proposed for the community and BPs to discuss.

  1. Destroy Unactivated Genesis Account LockupPlan Proposal FIP#3, 80% locked genesis accounts and their tokens.

  2. Destroy Unactivated Genesis Account LockupPlan Proposal FIP#3, 20% unactivated genesis accounts and their tokens.

  3. Once the above-mentioned destruction takes effect, the inflation rate of the new tokens in the future will be calculated based on the total amount of tokens after the destruction.

The above plan is just a proposal, which is going to be determined by the voting at EOSFORCE Mainnet BP Meeting.

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