Ethereum’s EIP:0 Attendees Commit to Governance Plan

Several stakeholders in the ethereum community have pledged support for a governance plan produced by attendees of the EIP:0 Summit.

Organizers behind the EIP:0 Summit, the invite-only ethereum community meet-up that has drawn criticism, committed to four new governance steps on Wednesday, according to a statement. Notably, Parity Technologies, Aragon and the  Web3 Foundation, among others, have already pledged their support in signing the statement of intent.

As previously reported by CoinDesk, the two-day summit hosted earlier this month addressed governance issue in the ethereum ecosystem due to the network’s growth. At present, it is difficult to gauge sentiments among the different parties, including developers, investors and miners.

To that end, the plan’s signatories have committed to creating a statement of shared values for ethereum, supporting the creation of “open source tools to collect key signals and metrics,” having a governance call every month and organizing a second, larger EIP:0 meeting.

Key signals include ethereum transaction volume, the number of deployed contracts, the number of GitHub contributions and other factors.

One way to incentivize that technological development could be through grants, the statement said.

Perhaps most notable, however, is the support that a second EIP:0 Summit is receiving.

For instance, Afri Schoedon, a developer and communications officer at Parity, said in a tweet that “[the Summit] must be as inclusive as possible. And if 350k people show up, we have to deal with it.”

The statement similarly noted that a future summit would have to build on the existing model, including by “expanding opportunities for interaction from viewers not in physical attendance (time, location and participants to be determined).”

The full list of signatories to the statement includes L4 Ventures, developer Lane Rettig, Giveth founder Griff Green, Ethereum Foundation member Hudson Jameson and startup Gnosis.

Ethereum image via Shutterstock

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