September 22, 2019 EOS continues to face a variety of governance challenges and uncertainty over Block One’s role.

Some block producers (BPs) have recently disengaged with the protocol, citing excessive dependence on large Chinese token holders. A majority of current BPs are located in China; early EOS supporter Brock Pierce called the current state of the network “a Chinese oligarchy”. Current top BPs can earn $1m/year. There is considerable uncertainty over the use of Block One’s tokens for BP selection, which has not yet occurred. The EOS constitution, intended to be a binding governance framework and addressing issues such as vote-buying, has not been adopted.