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From YouTube: Take The Power Back: The Community Takeover That Brought EOS Independence - TOKEN2049 Singapore 2022
Description
Fireside Chat: Take The Power Back: The Community Takeover That Brought EOS Independence
Speakers:
Itai Elizur, Partner and COO, MarketAcross
Yves La Rose, CEO, EOS Network Foundation
Stage: Trust EVM Stage
TOKEN2049 Singapore 2022
#token2049 #eos #marketacross #independence #community #crypto #web3
A
B
B
So
my
name
is
Eva
Rose
I
am
the
CEO
and
founder
of
the
EOS
Network
Foundation.
Essentially
the
EOS
Network
Foundation
is
the
steward
of
the
EOS
Network.
It
was
created
a
year
ago
by
reached
by
consensus,
by
the
token
holders
by
the
block
producers,
the
node
validators,
essentially,
all
the
stakeholders
on
the
network
to
essentially
Shepherd
the
network
and
kind
of
catch
up.
What
we
lost
over
a
couple
of
years
of
inaction
within
EOS
cool.
A
We're
going
to
talk
a
bit
about
that
so
for
full
disclosure.
We
actually
work
with
you
guys
we're
your
agency
and
I
want
to
actually
start
from
the
beginning,
so
we
met
about
a
year
or
something
ago.
That's
right!
We
got
on
a
first
call
and
in
a
place
of
blatant
honesty,
I
told
you
that
I
don't
really
like
EOS
and
yeah.
B
A
B
The
what
most
people
don't
know
is
that
the
Ico
funds
went
to
a
private
entity,
didn't
go
to
the
EOS.
Community
didn't
go
to
the
development
of
EOS
in
large
part,
and
so
for
a
period
of
about
three
years
we
saw
an
exodus
of
people
developers,
communities.
You
know
basically,
stakeholders
in
the
ecosystem
that
came
to
EOS
because
they
had.
You
know
there
was
something
there.
He
also
attracted
a
lot
of
people.
First.
A
B
B
Eos
is
either
dead
or
was
an
EOS.
A
scam
like
those
are
the
two
big
things
that
we
were
hearing
and
we
knew
that
we
had
a
massive
I
guess
load
on
our
plate
in
order
to
change
turn
things
around
and
the
foundation
that
they
basically
like
I,
said
the
EOC,
the
the
EOS
ecosystem
came
together.
The
tech
was
always
strong.
The
the
underlying
Tech
was
incredible,
but
what
was
missing
was
developer
engagement,
Community
engagement,
Brands
being
sent
out
to
the
the
community.
B
B
A
B
Get
here
so
one
year
ago
we
created
the
EOS
Network
Foundation
myself
and
Zach
Gaul
as
a
co-founder
right
here
in
front,
and
we
knew
that
we
had
a
large
amount
of
work
on
our
plate
to
essentially
Rebrand
what
EOS
was.
He
also
had
a
very
strong
core
Tech
stack,
but
it
was
missing
everything
else
fast
forward
a
year
we
were
able
to
put
in
place
the
Frameworks
and
the
processes
that
essentially
attracted
people
to
EOS
four
years
ago.
In
the
first
place
it
took
us
roughly
years.
B
As
you
said,
we
just
celebrated
our
independence.
Last
week,
while
I
was
in
South
Korea,
we
just
had
a
hard
Fork
whereby
now
the
community,
which
really
EOS
really
embodies
web
3
Spirit,
where
the
community
took
back
essentially
the
power
from
corporate
interests,
and
we
started
developing
the
core
stack
again.
We
now
are
full
control
of
our
IP,
full
control
of
the
tech
stack
itself
and
basically
a
year
on
we've
now
stabilized.
B
What
essentially,
should
have
happened
four
years
ago,
so
we
have
everything
in
place
that
should
have
been
there
four
years
ago.
One
of
the
advantages
is
that
we
were
able
to
look
at
a
lot
of
the
competitors,
other
layer
ones
out
there
that
have
been
doing
tremendous
work.
They've
been
really,
you
know
doing
some
really
good
work
in
this
space,
how
they
were
doing
it.
What
were
they
focusing
on?
B
What
worked
well
but,
more
importantly,
what
didn't
work
out
for
them
and
so
we're
able
to
really
shorten
that
that
time,
space
in
order
to
catch
up
stabilize
the
ecosystem,
get
our
independence,
which
just
happened
I
mean
on
chain
last
week
and
then
set
us
up
for
the
next
year
of
operations.
Okay,.
A
So
I'm
gonna
follow
up
on
that
looking
retrospectively
after
two
three
years
of
I
would
say
a
bit
of
quiet
on
the
U.S
front,
you
have
the
possibility
of
looking
at
other
chains
that
use
the
time
that
you
guys
weren't
active
to
do
a
lot
of
different
actions.
What
are
you
guys
doing
differently,
learning
what
other
people
have
done
and
where
do
you
think
EOS
could
have
been
without
that
without
that
period
of
I
would
say
quiet,
let's
put
it
that
way,.
B
It's
a
good
question.
One
of
the
things
that
EOS
did
very
bad
or
didn't
do
I
would
say
it's
it's
not
even
that
they
they
they
didn't
do
it
well
is
that
they
were
not
doing
was
all
the
funds
that
went
from
the
Ico
went
into
a
private
entity
and
the
community
was
left
fundless.
Essentially,
it
had
no
way
to
support
itself
financially,
and
one
of
the
things
that
we've
seen
other
l1s
have
been
doing
extremely
well
are
creating
Partnerships,
basically
working
with
others
in
the
space.
B
B
Yeah,
that's
our
Flagship
product.
Those
are
things
that
basically,
everybody
else
did
extremely
well
that
EOS
did
not
do
I
called
it.
The
reverse,
onion
EOS
started
off
and
it
basically
was
playing
in
its
own
sandbox.
Eos
was
kind
of
like
the
kid
that
never
went
to
kindergarten
that
never
learned
to
make
friends
which
is
so
important
in
this
space,
so
too
cool
for
school,
too
cool
for
school.
So
it's
just
doing
its
own
thing
on
its
own,
the
tech
was
gonna,
be
awesome.
B
It
was
gonna,
you
know,
dominate
everything
else
when
in
reality
sure
it
had
some
good
things
going
for
it
on
the
on
the
tech
front,
especially
but
a
lot
of
other
things
it
just
it
didn't
have,
and
so
that's
what
we've
been
doing
in
the
last
year,
more
so
specifically
is
creating
the
ecosystem
within
EOS,
creating
Grant
Frameworks,
creating
developing
developer
funding
mechanisms,
Community
funding
mechanisms.
If
there's
one
thing
that
EOS
did
really
bad,
was
even
to
communicate
inside
of
its
own
Community.
What
it's
doing
where
is
it
going?
B
B
If
you
don't
know
where
we're
going,
how
can
you
actually
participate?
How
can
you
help
and
then
once
you
actually
figure
out
where
we're
going
and
where
maybe
you
can
help?
How,
perhaps,
could
you
access
funding,
or
how
can
you
get
involved?
Those
simple,
let's
say:
funding
Frameworks
were
just
completely
non-existent,
and
so
in
that
last
year,
basically,
we
celebrated
her
one
year
at
the
end
of
August
and
the
Independence
was
last
week
where
we
really
we
did
a
hard
Fork.
That
first
year
was
all
about
stabilizing
the
ecosystem.
So
we
created
Grant
Frameworks.
B
We
created
mechanisms
for
the
communities
to
access
funding
to
access.
It's
not
just
the
funding
support.
It's
the
non-funding
support
that
we've
seen
is
is
really
lacking
in
this
space
as
a
whole.
One
thing
that
we
see
recurring
is
that
teams
are
very
strong
at
developing.
What
they're
missing
is
the
non-financial
support
program,
management,
project
management,
legal
marketing,
branding
all
the
other
things
that
actually
make
your
project
come
to
life
Venture
building
it
is
really
important,
and
so
a
big
part
of
what
we're
doing,
obviously,
is
the
funding
side
of
things.
B
We've
deployed
roughly
40
million
dollars
in
the
last
year,
direct
back
into
the
hands
of
the
community,
but
also
ensuring
that
we
Empower
them
so
that
once
they
receive
the
funding
and
we
we
essentially
make
a
bet
on
them
that
if
that
function
were
to
be
created,
if
it
does
come
about,
it
could
create
value
for
the
ecosystem
that
we
support
them
alongside
that
to
ensure
that
they
they
reach
that
that
value
creation.
What
else
do
they
need
in
order
to
attain
that
goal?
B
Years
I
started
in
crypto
in
2010
mining
Bitcoin
a
long
time
ago
and
I
left
the
space
when
the
first
Bitcoin
miners
were
rumored
to
come
about,
they
weren't
even
out
yet
and
I
kind
of
kept
within
like
a
an
arms
laying
distance
of
the
space.
But
I
wasn't
full
time
in
it
until
2016
came
back
into
space
started
delegating
a
lot
more
time
into
it
and
I
love
to.
B
2017
everybody
knows
crypto
summer.
It
was
quite
massive.
There
was
a
lot
of
hype
again.
This
was
the
time
that
that,
during
that
bull
run
that
essentially
the
space
would
be
opening
up
to
web
2..
This
was
at
the
time
the
idea
was
it's
now
going
to
go,
mainstream
or
there's
gonna,
be
a
lot
more
real
world
use
cases,
adaptability
adoptability
coming
about
and
when
I
was
going
through,
the
projects,
one
by
one
I,
was
going
down
the
list
and
it
was
reading.
B
Every
white
paper
read
the
EOS
white
paper
and
I
saw
a
lot
of
potential
there.
The
what
EOS
was
promising
to
build,
how
they
were
going
to
build
it.
The
one
billion
dollar
fund
commitment,
the
community
that
was
backing
up
EOS
at
the
time.
Everything
was
just.
It
was
amazing.
It
was
if,
if
you
were
there
at
that
time
is
incredible.
It's
kind
of
like
the
energy
that
we're
seeing
here
today
and
I
fell
for
it.
I
essentially
I
bought
into
this
dream
that
EOS.
A
B
The
thing
is
eos
through
that
link,
a
year-long
Ico
is
incredibly
decentralized.
The
the
token
sale
really
ensured
the
way
that
it
was
done
with
the
reverse.
Dutch
auction
really
ensured
that
the
token
distribution
was
quite
widespread.
Eos
is
still
listed
on
roughly
180
exchanges,
and
so
it's
it's
very
decentralized
and
if
anything,
the
idea
was
that
block
one.
B
The
centralized
entity
that
that
did
the
Ico
would
be
effectively
the
foundation,
so
there
was
also
a
token
vesting
for
them
to
ensure
that
they
would
remain
involved
for
a
period
of
10
years
and
so
I
think
everybody
thought
that
that
was
the
role
that
they
were
going
to
play
and
not
only
did
we
think
that
that's
that's
what
they
were
portraying
and
that's
what
they
were
projecting
as
well,
and
so
over
I'd
say
the
first
year
or
two.
That
idea
was
still
prevalent,
but
we
were
starting
to
see
signs
of.
B
Added,
but
what
was
being
told
is
it
was
that
right,
so
the
commitments
were
still
coming.
You
had
a
lot
of
developers
coming
into
the
space
deploying
Capital
to
build
businesses,
and
this
entity
was
effectively
still
saying
we're
gonna
be
playing
our
role
but
we're
facing
challenges,
but
just
trust
us
it's
coming
soon
soon
and
every
time
the
community,
in
a
very
decentralized
fashion,
was
coming
together
to
try
and
you
know,
move
things
forward
essentially
was
being
squashed.
It
was
being
told,
listen
if
you
do
this,
we'll
let
you
do
it,
but.
B
There's
going
to
be
ramifications,
it's
going
to
be
legal
ramifications,
whatever
it
may
be,
and
we
just
bought
into
it
every
single
time,
I
guess
so,
I
guess
we
just
need
to
wait
a
little
bit
longer.
It's
gonna
come
it's
coming
soon,
it's
coming
soon
and
after
a
while
of
you
know
the
same
pattern
repeating
over
and
over
and
over
the
you
have
to
put
yourself
back
at
that
time
as
well.
B
You
know
coming
together
as
a
community
and
saying:
okay,
let's
do
this
and
when,
ultimately
you
don't,
you
know,
pull
the
plug
or
once
you
don't
pull
the
trigger.
Sorry
that
that
momentum
is
lost.
You
lose
a
lot
of
people.
A
lot
of
people
lose
Faith.
A
lot
of
people
basically
leave,
and
that
happened
on
so
many
occasions
that
the
momentum
being
built
each
subsequent
occasion
gets
smaller
and
smaller,
and
you
get
more
of
a
disenfranchised
Community.
It
becomes
more
toxic
it
by
then.
B
It
becomes
obvious
that
you
know
what
this
is:
a
scam-
it's
not
happening,
while
also
at
the
same
time
having
the
project
that
at
the
same
time,
is
running
the
most
amount
of
transactions
out
of
any
other
blockchain
for
the
full
year,
we're
doing
in
a
one
single
day
and
we're
doing
every
single
day
and
we're
surmounting
these
challenges
as
a
community.
At
the
time,
I
was
a
thought
producer.
B
Being
running
the
infrastructure
running
the
nodes,
essentially
doing
its
part
of
responsibilities,
and
that
part
is
doing
well,
but
the
underlying
foundations
that
are
supposed
to
be
maintained
by
this
other
player.
You
know
we're
starting
to
see
gaps
in
there,
we're
starting
to
see
holes
of
maybe
the
interests
aren't
aligned.
So
how
did.
A
That
initial
conversation
like
well,
the
first
conversation
was
like
all
right.
We
need
to
actually
do
something.
When
did
it
become
from,
like
part
of
my
French
from
bitching
around
to
to
saying
all
right,
let's
do
something,
let's
create
a
framework.
Let's
take
the
power
back,
walk
me
through
that
a
bit
so.
B
We
had
gone
in,
we
held
an
EOS
Community
Conference
in
Rio
in
2019,
and
the
community
had
come
together,
reached
consensus
on
deploying
a
WPS,
a
worker
proposal
system
effectively.
The
network
was
going
to
be
funding
development
through
a
process
that
it
developed
and
refined
over
a
period
of
time,
and
there
was
consensus
on
that
during
that
period
of
time
was
the
last
time
when
the
entity
essentially
said.
If
you
do
this,
we're
out
so
the
community
stopped
this
entity
said.
Listen
if
you,
if
you
do,
if
you
do
this,
we're
gonna
stop.
B
But
if
you
wait
for
us
we're
working
on
something
we'll
be
able
to
partner
together,
it's
going
to
be
even
more
massive
and
essentially
the
interest
will
be
aligned.
We
bought
the
quickly.
That
was
the
last
time
we
bought
the
Kool-Aid
that
got
squash
very
little
happened.
Everything
was
really
really
slowed
down
and
you
know
a
lot
of
community
left
at
that
time.
B
A
lot
of
developers
left
a
lot
of
the
community,
a
lot
of
the
businesses
stakeholders
that
was
the
last
straw
for
a
lot
of
people
and
fast
forward
a
year
about
a
year
and
a
half
after
that
we
had
an
opportunity
again.
Once
we
saw
and
really
the
last
straw
I
guess
was
GitHub,
because
every
other
commitment
you
could
subjectively
say
that
was
being
done,
but
it
wasn't
creating
value,
that's
subjective.
One
thing
that
wasn't
subjective
was
GitHub:
the
maintenance
of
the
core
code
stock
in
June
2021
and
trying
to
find
the
year.
B
A
B
The
underlying
Tech,
the
underlying
product,
is
real.
It's
ins,
it's
it's
insane!
How
good
it
is.
It's
insane
how
we've
perfected
it
over
the
last
three
and
a
half
years,
where
some
of
the
layer
ones
right
now
are
facing
challenges
that
we
solved
two
and
a
half
years
ago,
you
didn't
put
a
restart
button.
We.
B
Button
at
the
time
and
that's
effectively
what
the
foundation
was
about,
and
so
there
was
this
idea
that
there's
something
there.
This
has
so
much
potential
and
the
parts
that
are
missing
are
somewhat
easily
solvable
like
it's
really
not
that
difficult.
There's
a
lot
of
work
to
do,
but
there's
a
path
to
Victory,
there's
actually
something
there,
and
if
somehow
we
can
leverage
the
side
of
things.
That's
missing!
B
I'd
actually
resigned
from
my
previous
entity
and
during
that
two-month
period,
I
had
a
lot
of
reflection
that
I
was
able
to
do,
and
stakeholders
were
reaching
out
talking.
Those
were
reaching
out
developers
were
reaching
out
that
no
validators
were
reaching
out
you're
the
right
person.
You
need
to
lead
a
foundation.
If
anything,
EOS
is
too
decentralized.
We
need
centralization,
we
need
a
steward.
We
need
an
entity
that
can
actually
coordinate
the
ecosystem,
because
that's
what
we're
missing
all.
A
B
We've
effectively
stabilized
the
ecosystem,
in
the
sense
that
we
are
now
owners
of
the
repo
we
just
hard
forked.
Last
week
we
now
run
we
rebranded
the
previous
software
stack
as
well.
It's
now
called
Antelope.
We've
formed
coalitions
with
other
chains
that
were
also
leveraging
Antelope.
So
we
now
have
the
antelope
Coalition
with
other
partners,
Telex
wax
ux
and
EOS.
We
put
a
treasury
in
place
to
be
able
to
actually
develop
the
software,
not
only
maintain
it,
which
we've
been
doing
closed
out
all
issues,
but
we've
also
then
deployed
funding
towards
what
happens.
B
The
next
couple
of
years,
we've
deployed
road
maps.
We've
deployed
a
lot
of
funding,
like
I
said
earlier
in
terms
of
of
Frameworks
for
developer
funding
for
Community
funding.
We've
effectively
done
everything
that
we
should
have
been
doing.
We
fast
tracked
that
for
the
last
year
year,
two
is
all
about
growth,
so
we're
working
on
trusty
them.
That's
deploying
in
a
couple
of
months,
essentially
we're
now
refining
the
process
so
that
we
can
have
block
maps.
How
hard
was.
B
B
A
Can't
agree
more
I
think
that
the
interoperability
is
not
only
a
technical
thing.
It's
also
the
end
of
crypto
tribalism,
the
first
years
of
crypto.
You
know
it
was
like
these
mini
Cults.
This
person
is
a
Jesus,
and
this
person
is
the
devil
because
he
thinks
the
block
size
is
different
or
whatever.
So,
for
you,
you
feel,
like
EOS
has
a
much
more
open,
Future.
B
Now
definitely
EOS
is
in
that
space.
Where
not
only
did
it.
You
know,
within
its
own
committee,
start
mending
Bridges
within
the
antelope
Community
started.
Building
Bridges
now
we're
at
a
stage
where
we're
now
forming
Partnerships
with
other
foundations,
we're
building
Tech
like
IBC,
not
only
internally
to
the
Antelope
Coalition,
which
is
the
software
stack
that
that
EOS
essentially
manages
and
runs,
but
with
the
others
as
well.
B
Farming
Partnerships
there
to
point
Capital
towards
the
growth
of
that
Tech
stack,
then
forming
Partnerships
externally,
so
that
we
can
build
Bridges
with
other
foundations
with
other
teams
with
basically
other
other
projects
that
are
building
some
really
cool
stuff,
because
most
the
community.
What
we
see
right
now,
they
don't
particularly
care
where
they
deploy.
Of
course,
it's
nice,
of
course,
there's
you
know,
there's
different
flavors.
What
might
what
might
be
better,
a
better
right
fit
for
them,
but
ultimately
they
want
to
access
more
people,
more
stakeholders,
larger
communities.
B
They
just
want
to
open
up
their
product
to
everybody,
they
want
to
focus
their
Pro
on
their
product
and
they
want
everybody
to
be
able
to
use
it,
and
we
have
a
role
to
play
in
there
by
being
able
to
build
those
bridges
so
that
essentially
we
can,
we
can
lay
the
roadways.
We
can
lay
the
pavement
so
that
everybody
can
come
and
Leverage
The.
The
fact
that
essentially.
A
B
He
also
is
there
to
support
you.
Not
only
does
EOS
now
control
its
own
future,
its
own
destiny,
it
has
the
mechanisms
in
place
that
have
been
built
over
the
last
year
that
are
tried
testing
true,
because
we've
been
able
to
leverage
on
the
shoulder
of
giants
that
have
done
this
before
us.
Those
are
in
place,
they're,
not
theoretical,
so
if
I
would
have
been
here
last
year,
I
would
have
talked
about
everything
that
we
were
going
to
do,
but
that
we
didn't
have
in
place.
B
Seeing
that
EOS
is
open
for
business
again
that
now
people
can
come
and
help
Leverage,
The
Tech
stack
and
everything
that
was
there
from
you
know
four
years
ago,
with
a
network
that
effectively
has
been
running
for
four
years,
with
literally
zero
downtime,
we
were
for
a
period
of
time
running
125
million
transactions
per
day.
To
put
that
in
perspective,
that
was
all
that
Still
Remains.
All
of
all
other
networks
combined
in
one
shot.
So
a
lot
of
the
scaling
issues
that
people
are
facing
we've
resolved
and
everything
is
open
source.
B
A
Actually,
a
good
question,
so
you
guys
we
need
to
help
each
other
out.
You
built
a
good
open
source
depository
and
you
see
projects
taking
that
open
source
and
building
their
own
EO
Scio
style
stuff.
But
it's
not
under
your
I
would
say.
Tech
stack
is
that
is
that
good
for
Eos
is
that
bad
for
us
is
that
at
least
validation
that
you're
on
the
right
path?
There's.
B
A
I
think
we've
seen
crypto
now
a
bit
more
of
a
decentralization
ethos
when
it
comes
to
also
the
star
CEOs
and
figures,
no
need
to
go
into
names.
Eos
had
their
figure
other
chains
had
their
figures
and
we're
seeing
now
that
a
lot
of
them,
maybe
they
just
made
enough
money
but
they're,
stepping
down
from
the
Limelight
and
it's
being
a
lot
more
by
I,
would
say
four
developers
by
Developers.
A
B
A
B
Of
the
information
can
be
found
on
eosnetwork.com.
If
you
go
there,
if
you're
a
developer,
there's
a
tech
section,
you
can
go
and
apply
through
the
grant
framework
you
can
go
and
see.
Not
only
do
we
publish
the
roadmap,
we
actually
did
a
lot
of
research
which
we
call
the
blue
papers
last
year,
as
one
of
the
first
things
we
did
to
establish
here
are
things
that
others
have
done.
That
might
be
good
for
us
to
do.
Here's
some
base
research
on
that
here
base
cost
estimates.
B
Here's
like
the
the
general
kind
of
RFP
for
this.
Are
you
able
to
actually
take
this
on,
so
we've
got
tons
of
items
on
there
for
people
to
come
about
all
that
is
public.
All
the
grant
framework
is
public
as
well,
so
everything
that
we
do
very
public,
very
transparent,
very
easy
for
others
to
come
and
get
involved
and
see
how
you
fit
in
one
of
our
largest
kpis
is
to
see
in
the
shortest
amount
of
time.
B
If
you
want
to
get
involved
in
EOS,
what
can
you
do
so
it's
to
basically
find
your
ego
guy.
What
can
you
do?
What?
What's
your
skill
set
that
potentially
we
can
leverage
that
you
can
get
funded
for?
If
we
can
find
this
in
the
shortest
amount
of
time
as
possible,
then
effectively
we
can
grow
the
community
much
faster
than
what
we
were
doing
in
previous
years.
All.
A
B
For
us
I
think
it's
a
recognition
that
Yas
never
left,
that
EOS
is
still
very
much
alive
and
that
there's
there's
a
home
essentially
that
there's
a
home
for
developers,
there's
a
home
for
all
types
of
stakeholders
to
be
able
to
come
and
see
and
leverage
the
power
that
EOS
has
for.
Essentially,
what
we
we
believe
is
going
to
happen
is
a
shift
between
web
2
and
web
3
in
the
next
large
Market.
We
think
that
the
mainstream
adoption
is
going
to
come
a
lot
from
that
game.
Five
space.