Hello, EOS Community! We are EOSYS, the first block producer candidate from Korea. We announced the BP candidacy on 8th of March. Now we announce 2nd EOS Go report clarifying our commitments and roadmap.

Block Producer Roadmap

1. Infrastructure

The engineering team in EOSYS has been experimenting with EOSIO to ensure stable block producing and solid infrastructure. We successfully underwent the bios boot process. Currently, we are monitoring the internal testnet 24/7(the monitoring page will be open soon). We are recruiting excellent engineers.

Plans for infrastructure expansion  — after the snapshot in June, a rapid increase of infrastructure can cause the imbalance of demand and supply. Thus, we changed the minor plans to expand the infrastructure step by step in a way that ensures efficient resource allocation. A detailed plan is as follows.

June, 2018: x1e.8xlarge (32 core, 1TB RAM)
September, 2018: x1e.16xlarge (64 core, 2TB RAM)
1December, 2018: x1e.32xlarge (128 core, 4TB RAM)

Security — Currently, in order to cover potential security issues, we are on discussing terms with several candidates. We will form a partnership with the most suitable solution provider. The partnership will be publicly announced before June.

Progress with the Testnet — EOSYS has been preparing for consistent block production. Our engineers are conducting experiments and researches on EOSIO, educating all EOSYS members how BIOS Boot works. We finished reviewing the bios booting process and as a result, a testnet monitoring page will be provided in the middle of May. Testnet monitoring process is essential as it allows simulating block producing process so that we can predict and be prepared for possible issues. EOSYS is always ready to become a reliable block producer.

Testnet monitoring process is essential as it allows simulating block producing process so that we can predict and be prepared for possible issues. EOSYS is always ready to become a reliable block producer.

2. DApp development / investment / support

We build, invest and support DApps and services crucial for the ecosystem like Block Explorer, Wallet etc. Details will be revealed at meet-up on May 19th with additional articles.

EOSYS DApp Challenge — EOSYS plans to host presentation sessions with teams who are creating values on EOS. Also, EOSYS will discover new DApp developers and provide mentoring and massive support in various fields including blockchain governance, token economy, technology etc. For those DApps standing out in this process will receive funding and technical support from EOSYS. The first EOSYS DApp Challenge will be held at EOSYS Seoul Meetup on 19th of May.

3. Community building

Meet up — On 19th of May in Seoul, EOSYS invited block producer candidates from all over the world to participate and publicize their pledge and policies both on and offline. We hope this meetup will act as a bridge between block producer candidates and Korean EOS community and market, engaging more people in building EOS ecosystem. EOSYS is striving to find more ways for bp candidates to compete fairly. The DApp Challenge mentioned earlier is part of the meetup which is planned to be held regularly in order to introduce various domestic/international projects.

NEWS CLIPPING —Weekly EOSYS NEWS CLIPPING has been summarizing activities of EOS community once a week. It will be upgraded by including more contents and easier explanations. EOSYS Community team is recruiting more members to monitor EOS ecosystem 24/7. With such effort, we will be providing English version as well as Korean version from this June and distribute EOS ecosystem news across the world.

Ecosystem support and Collaboration — EOSYS has been planning and hosting various meetups and education sessions. We will continue supporting EOS community on/offline in collaboration with other BP candidates.

Proud to Receive Korean Translation Help From EOSYS
EOSYS & EOSPhere “On the role of Block Producer”*

We are looking forward to mentoring and educating Blockchain research groups in Universities. Interested teams are always welcome and let us know if you are interested in collaborating with us ([email protected]).

More details will be revealed at meet up on May 19th with additional articles.

Stance on Giving Dividends to Voters

“…Therefore, Korean Block Producer candidate EOSYS believe that in order to invest in superior software/hardware and EOS ecosystem, not providing any dividends is better for both EOS investors and the ecosystem that is just starting.”

-Quote translated from “Dream of Korea having World-wide Blockchain” by Pyo Chulmin CEO

EOSYS has participated in the ecosystem with the same vision as above. Even if this leads to losing in the election, EOSYS strongly believes providing dividend or paying the voters is not healthy for the ecosystem. EOSYS’ Block producer reward will not be used for vote buying but will be used to build infrastructure, expand community, support ecosystem, and for education purposes. In addition, we will follow the fair constitution EOSIO is following.

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Thanks,
EOSYS

Website: http://eosys.io
Medium: https://medium.com/eosys
Steemit: https://steemit.com/@eosys
Twitter: https://twitter.com/@EOSYS_IO
Telegram (ENG): https://t.me/EOSYSIO
Telegram (KOR): http://t.me/EOSYSIOKR