eosDac

by eosDAC Ltd

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eosDac

by eosDAC Ltd

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What problem does this service solve?

Bitfinex is one of the 21 EOS block producers that help govern the EOS blockchain.eosDAC is one of the 21 EOS block producers that help govern the EOS blockchain.

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Company Description

Bitfinex operates an EOS Block Producer with the node name Frog. The company runs one of the largest cryptocurrency exchanges, and they are currently the third largest vote recipient on the EOS network; with around 2.17% of all votes. Their position as a large and established exchange gives them significant influence within the EOS ecosystem. They have launched several EOS-focused initiatives, including: EOSfinex, SunBeam, and an incubator that funds and advises EOS projects. Bitfinex owns their server, which is located in Zurich, Switzerland. , including: EOSfinex, SunBeam, and an incubator that funds and advises

eosDAC is an EOS block producer operating as a decentralized autonomous community (DAC). eosDAC tokens confer membership and control of the DAC with elected custodians and other mechanisms. It is one of the largest vote recipients on the EOS network; with around 1.75% of all votes. The DAC's constitution outlines the mechanisms for token holders to register their membership and vote for custodians. It also enables custodians to make decisions and payments, and empowers eosDAC to request identifying information from its token holders in order to comply with regulatory requirements in jurisdictions where it may be required. They operate a combination of cloud and bare metal servers that will be located in South Korea, Romania, and the UK.

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