Community involvement is at the core of our approach to network governance. We empower token holders, block producers, and network developers through the most decentralized election process ever undertaken.
Explore the EOS Ecosystem
Looking for a specific EOS project? Want to browse the best and brightest in the EOS ecosystem? You’re in the right place.
The EOS Network Foundation is home to everything EOS, and since the EOS ecosystem is growing and expanding in dynamic new directions every day, we database and categorize every innovation here.
A DAO, or decentralized autonomous organization, is the core component of the EOS Network. DAOs operate according to the democratic desires of their membership, who vote on the direction, and development of their community.
The DAOmocratic Process
The stewardship of the EOS Network Foundation is decided by the EOS Network's on-going consensus competition. This is the most decentralized election process ever created, and it works as follows:
Every 0.5 seconds, token holders use over a billion EOS tokens in voting for block producers on the EOS blockchain.
The top 21 block producers produce the blocks on the EOS blockchain, and participate in governance as the guardians/custodians of the EOS DAO securing the EOS network.
The EOS Network Foundation functions as the CEO of the EOS DAO, elected by the top 21 block producers. It is funded by the network itself, as a vehicle for reinvestment into the ENF's core mission: enabling developers, business, and individuals to build better on EOS.
Dozens of standby Block Producers compete to enter the top 21, if they can get enough votes to rank higher.
DAOmocracy requires a multisig (MSIG) signed by 15 of the top 21 block producers to agree on any network changes or upgrades, including the replacement of the ENF.
This is the method through which token holders vote to determine which block producers secure and operate the underlying infrastructure of the network, and empower the ENF, the network’s point of contact to the outside world.
Technology For Developer Collaboration
EOS is an open-source blockchain platform, founded on tech that prioritizes high performance, flexibility, security, and developer freedom. The EOS Network prioritizes usability across those features, so developers all can implement and grow their ideas.