To the Eden Community,
This is a public statement about the terms of the Eden Block Producer initiative that I’m coordinating to bring some initial revenue into the community treasury. Let this post serve as my official commitment to this project. If anything is to change in the future, I’ll be sure to update this post accordingly.
The EOS account associated with the Block producer is “edenproducer”.
The terms of the commitment to Eden are as follows:
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80% of any EOS earned by the Block Producer account will be transferred as a donation to the Eden community account “genesis.eden”.
- The current leading Eden representative(Dan) has asked for the funds to be deposited to the genesis.eden account once per month in order to help reduce administrative overhead.
- The targeted deposit date will be the 1st of every month, with a 3 business day grace period.
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20% of any EOS earned will be used to cover expenses to manage and operate the Block Producer node and any associated services.
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10% of EOS earned will go to Agenix, LLC which is solely owned and operated by Domenic Thomas.
- These funds are meant to cover administrative costs, marketing, website, etc.
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10% of EOS earned will go to BlockTime, Inc. as per the terms of a service agreement between BlockTime and Agenix.
- These funds are meant to cover costs incurred to run the block producer node and associated hardware/software infrastructure, plus 24/7 monitoring, etc.
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10% of EOS earned will go to Agenix, LLC which is solely owned and operated by Domenic Thomas.
The expected specifications for the Block producer node are as follows:
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Initial deployment(Completed)updated post on 7.8.2021
- A working BP and PEER on the EOS main net, fully functional, with lower end hardware and acting as a placeholder, but fully functional.
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Paid Standby BP status achieved
- A primary and secondary (Failover) BP and 2 PEER nodes, fully functional and ready to be an active Top21 BP.
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Top 21 ranked BP achieved
- A primary and secondary (Failover) BP and 2 PEER nodes, fully functional and active on high performance hardware.
- The BlockTime team may require a grace period for the upgrades mentioned above and will only do the upgrades when stability is achieved, as uptime is most important, followed by performance.
- A primary and secondary (Failover) BP and 2 PEER nodes, fully functional and active on high performance hardware.
If we are fortunate enough to end up ranked among the top 21 EOS Main Net Block Producers. We’ll not use any voting power without the full advisement and consent of the Eden community leadership.
Notes:
- Please remember the purpose of this BP is to bring some initial revenue to the Eden treasury so those funds can be distributed by elected Eden representatives to add value to the EOS Main Net.
- Once there are some funds collected by Agenix and BlockTime, we will begin building additional items such as an official website, etc.
- I was already in the process of scheduling a time to invite the BlockTime owners to join Eden when this opportunity came about, so we made sure to do the official invite and video induction ceremony yesterday(7.6.2021). That way all parties directly involved in the project will be Eden members.
Also, we are wide open to advice on how to automate the process of claiming and sending the funds directly to the genesis.eden EOS account before taking any custody over the funds. However I was advised by some reputable sources with BP experience we shouldn’t be adding code to the rewards claim process, etc. as it could cause issues. So for now the process will be handled manually until a better solution is presented to us.
I’m grateful for your support and any votes you feel this initiative is worthy of. We figure everyone will essentially show their support or lack thereof by the number of votes we receive. If we don’t get enough votes to generate any revenue for Eden, we’ll wind down the project and move on. It’s certainly worth a try to get some more funding infused into the election process to see what the EdenOnEOS project is capable of.
Sincerely,
Domenic Thomas