Yesterday had a big hurray with the Eos mainnet finality activated.
And I had been wondering which whale had finally put their tokens to use. Unfortunately the answer exceeded my worst fears:
As it seems crypto exchange big.one has used its customer's tokens to make a vote that pushes the ratio from 11% to nearly 17 thus activating the mainnet.
It is said that they voted in a way to get passed the 15% mark without altering the bp Ranking.
It also lacks the even more problematic aspects of exchanges that might be voting for themselves as block producers which could be possible in the case of huobi and (the latter has announced to enable voting for their clients, which given their ranking might already be in place).
So although intentions for this move might have been benevolent in nature, it is highly problematic, as it would give exchanges incredible and unwarranted voting power, and therefore is forbidden by one riccardian system contract.
Here is how the issue was discussed on the telegram bp channel:
So hopefully measures will be taken too prevent such actions for good, otherwise the very launch of the mainnet will remain corrupted forever, with the decisive vote been done in an unlawful manner.
What's your stance on this?