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eip-1010.md

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created author eip status title type discussions-to category
2018-04-18T00:00:00.000Z
Anderson Wesley (@andywesley)
1010
Draft
Uniformity Between 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B and 0x15E55EF43efA8348dDaeAa455F16C43B64917e3c
Standards Track
Core

eip-1010

Simple Summary

This document proposes to improve the uniformity of ether distribution between wallet address 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B and wallet address 0x15E55EF43efA8348dDaeAa455F16C43B64917e3c which are currently experiencing a significant non-uniformity.

Abstract

As of the date of this EIP, the difference in balance between address 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B and address 0x15E55EF43efA8348dDaeAa455F16C43B64917e3c is far from equitable or uniform, with the former having more than 365,000 ether more than the latter. The distribution of ether between these two addresses must be improved in order to protect the Ethereum economy from centralized control. This will be accomplished by transferring 100,000 ether from the former address to the latter. This is a properly motivated improvement in keeping with the core Ethereum philosophy of decentralization.

Motivation

This proposal is necessary because the Ethereum protocol does not allow the owner of an address which does not own an equitable amount of ether to claim their share of ether from an address which owns a dangerously centralized quantity. Rather than proposing an overly complicated generic mechanism for any user to claim ether to which they believe they are equitably entitled, this proposal will take the simple route of a one-time transfer of 100,000 ether from 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B to 0x15E55EF43efA8348dDaeAa455F16C43B64917e3c. This avoids duplicating the effort of other proposals and provides a net improvement to the Ethereum project and community.

Specification

The balance of 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B will be decreased by 100,000 ether. The balance of 0x15E55EF43efA8348dDaeAa455F16C43B64917e3c will be increased by 100,000 ether. No net change in the amount of extant ether will occur unless at the time of implementation the former address does not contain sufficient ether for such a deduction.

Rationale

The value 100,000 was chosen after careful technically sound analysis of various economic theories developed over the past century. In spite of the fact that it is a convenient round number, it is actually the exact output of a complex statistical process iterated to determine the optimal distribution of ether between these addresses.

Backwards Compatibility

Clients that fail to implement this change will not be aware of the correct balances for these addresses. This will create a hard fork. The implementation of this change consistently among all clients as intended by the proposal process will be sufficient to ensure that backwards compatibility is not a concern.

Copyright

Copyright and related rights waived via CC0.