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Home»Crypto News Flash»EOS Foundation announces the abandonment of EOSIO

EOS Foundation announces the abandonment of EOSIO

December 20, 20210 Views
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On December 20th, Yves La Rose, the leader of the EOS Network Foundation, updated his tweet and announced that it was under the consensus decision-making mechanism. The EOS community decided to abandon #EOSIO IP and plans to rebuild the EOS IP brand and code base. Yves said: The EOS network does not particularly want or attach great importance to this IP. Previously, the EOS community did not have its own code base repo and IP. They were all held by private and public entities. With the EOS network stopping releasing tokens to Block.one, the separation between Block.one and the EOS network is complete.

Rebranding is a relatively simple choice and a way to start again, just like Matic/Polygon. This also allows EOSIO iterators to participate equally in the formulation of new IP and code base naming and management rules. The EOS community is now its own product leader. In addition, Daniel Larimer, the founder of EOS network, expressed his support for this decision in a message: consensus means “voluntary association” and the right to “say no”. Separation sometimes means that one person voluntarily leaves everyone, and it also means that everyone leaves one person.

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