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  "op": [
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    {
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      "to": "slant",
      "amount": "0.001 STEEM",
      "memo": ""
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      "parent_author": "slant",
      "parent_permlink": "slant-ltd-opens-priveos-node-registration-on-eos-and-telos-mainnets",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-slant-20191212t124408000z",
      "title": "",
      "body": "Congratulations @slant! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@slant/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@slant) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=slant)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
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      "sbd_payout": "0.000 SBD",
      "steem_payout": "0.287 STEEM",
      "vesting_payout": "568.913173 VESTS"
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      "parent_permlink": "priveos",
      "author": "slant",
      "permlink": "slant-ltd-opens-priveos-node-registration-on-eos-and-telos-mainnets",
      "title": "Slant Ltd. opens privEOS node registration on EOS and TELOS mainnets",
      "body": "@@ -4760,16 +4760,17 @@\n  %F0%9F%91%8F%0A* **\n+%5B\n Torsten \n@@ -4775,16 +4775,72 @@\n n Dahmen\n+%5D(https://www.linkedin.com/in/torsten-dahmen-0a4a75112/)\n  from %5BI\n@@ -4854,19 +4854,29 @@\n https://\n-www\n+innovationhub\n .innogy.\n",
      "json_metadata": "{\"tags\":[\"eos\",\"blockchain\",\"privacy\"],\"image\":[\"https://cdn.steemitimages.com/DQmSJYXNUsL9tSDCS1eXgmRVH6kCgDgDiyLwqeckn2GZMkC/3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png\"],\"links\":[\"https://en.wikipedia.org/wiki/Shamir%27s_Secret_Sharing\",\"https://ipfs.eternum.io/ipfs/QmVXSZyYZY3Gd9CVZxkUAsqGggN9qWb4bDhYtk79as7hGp/SLA-01-report.pdf\",\"https://steemit.com/priveos/@slant/priveos-tokenomics\",\"https://github.com/rawrat/privEOS\",\"https://www.eosdublin.com\",\"https://eosvibes.io\",\"https://www.linkedin.com/in/torsten-dahmen-0a4a75112/\",\"https://innovationhub.innogy.com/\",\"https://www.slant.li\",\"https://t.me/SLANT_official\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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      "voter": "twittering",
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{
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  "op": [
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      "parent_permlink": "priveos-successfully-passes-its-first-security-audit",
      "author": "eos.sweden",
      "permlink": "pzkh9k",
      "title": "",
      "body": "This is great edge and Looks way better than average Cryto Project.",
      "json_metadata": "{\"app\":\"steemit/0.1\"}"
    }
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{
  "trx_id": "36ca06f3251f2f03825b54ae8eb7552a866c2b05",
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      "parent_author": "slant",
      "parent_permlink": "priveos-tokenomics",
      "author": "eos.sweden",
      "permlink": "pzkh6x",
      "title": "",
      "body": "> How many privEOS tokens will there be?\nThere will be 1,000 privEOS tokens. Out of the 1,000 privEOS tokens, 800 tokens will have delegated rights attached to manage costs, billing, rewards, voting and governance among Node Operators and Slant Ltd. In addition, 200 privEOS tokens have permanent rights attached to incentivize experts, advisors and qualified investors.\n\nWhere can I find more information about this?",
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{
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      "author": "eos.sweden",
      "permlink": "pzkgxh",
      "title": "",
      "body": "> We are exploring also supporting other blockchains like Ethereum.\n\nPlease also look at ICON to support.....",
      "json_metadata": "{\"app\":\"steemit/0.1\"}"
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      "voter": "eosphere",
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      "voter": "cpufronz",
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      "parent_permlink": "priveos",
      "author": "slant",
      "permlink": "slant-ltd-opens-priveos-node-registration-on-eos-and-telos-mainnets",
      "title": "Slant Ltd. opens privEOS node registration on EOS and TELOS mainnets",
      "body": "@@ -4137,16 +4137,55 @@\n ctivated\n+ and the provisional government resigns\n .%0A%0A## Wh\n",
      "json_metadata": "{\"tags\":[\"eos\",\"blockchain\",\"privacy\"],\"image\":[\"https://cdn.steemitimages.com/DQmSJYXNUsL9tSDCS1eXgmRVH6kCgDgDiyLwqeckn2GZMkC/3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png\"],\"links\":[\"https://en.wikipedia.org/wiki/Shamir%27s_Secret_Sharing\",\"https://ipfs.eternum.io/ipfs/QmVXSZyYZY3Gd9CVZxkUAsqGggN9qWb4bDhYtk79as7hGp/SLA-01-report.pdf\",\"https://steemit.com/priveos/@slant/priveos-tokenomics\",\"https://github.com/rawrat/privEOS\",\"https://www.eosdublin.com\",\"https://eosvibes.io\",\"https://www.innogy.com/\",\"https://www.slant.li\",\"https://t.me/SLANT_official\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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      "voter": "yehey",
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      "title": "Slant Ltd. opens privEOS node registration on EOS and TELOS mainnets",
      "body": "@@ -899,17 +899,63 @@\n ng%5D(\n-wikipedia\n+https://en.wikipedia.org/wiki/Shamir%2527s_Secret_Sharing\n ) an\n",
      "json_metadata": "{\"tags\":[\"eos\",\"blockchain\",\"privacy\"],\"image\":[\"https://cdn.steemitimages.com/DQmSJYXNUsL9tSDCS1eXgmRVH6kCgDgDiyLwqeckn2GZMkC/3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png\"],\"links\":[\"https://en.wikipedia.org/wiki/Shamir%27s_Secret_Sharing\",\"https://ipfs.eternum.io/ipfs/QmVXSZyYZY3Gd9CVZxkUAsqGggN9qWb4bDhYtk79as7hGp/SLA-01-report.pdf\",\"https://steemit.com/priveos/@slant/priveos-tokenomics\",\"https://github.com/rawrat/privEOS\",\"https://www.eosdublin.com\",\"https://eosvibes.io\",\"https://www.innogy.com/\",\"https://www.slant.li\",\"https://t.me/SLANT_official\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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      "voter": "angelol",
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{
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  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "priveos",
      "author": "slant",
      "permlink": "slant-ltd-opens-priveos-node-registration-on-eos-and-telos-mainnets",
      "title": "Slant Ltd. opens privEOS node registration on EOS and TELOS mainnets",
      "body": "![3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png](https://cdn.steemitimages.com/DQmSJYXNUsL9tSDCS1eXgmRVH6kCgDgDiyLwqeckn2GZMkC/3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png)\nStarting today, privEOS node operators or those who would like to become one, can register on the EOS and TELOS mainnets.\n\n## What is privEOS?\nPrivEOS is a decentralized key management system developed by Slant Ltd. that can be used by decentralized applications to securely store and exchange sensitive data. It allows you to encrypt the data and then store the encryption key safely and securely on the privEOS node network. Within privEOS, the key is split into a number of pieces using [Shamir Secret Sharing](wikipedia) and distributed to the nodes, one piece each. Since each node only possesses a single piece of your key, no information about the key itself or the data you encrypted with it is leaked. Your dApp contract defines the rules under which the decryption key can be revealed to a party. The final reassembly of the key again happens on the user's device. The full key is never stored or revealed to any party within the privEOS node network, that's what makes it so exceptionally secure. Slant Ltd. recently had privEOS undergo a [third-party security audit](https://ipfs.eternum.io/ipfs/QmVXSZyYZY3Gd9CVZxkUAsqGggN9qWb4bDhYtk79as7hGp/SLA-01-report.pdf) that confirmed the security of the privEOS system.\n\n## Who can become a node operator on privEOS?\n\nThe privEOS system is open and permissionless, so any business with available infrastructure and technical know-how can become a node operator on privEOS. However, in order to be selected as a Node Operator by users of the privEOS protocol, you would likely need to have a good reputation in place. You will also need to [post a bond](https://steemit.com/priveos/@slant/priveos-tokenomics).\n\n## What does a node operator do?\nAs node operator on privEOS, you are required to operate a privEOS node. You also need the knowledge and experience to operate a secure and reliable server infrastructure. See [Slant's github for setup instructions](https://github.com/rawrat/privEOS). Once the Decentralized Autonomous Community (DAC) has activated, you will be able to vote on important changes to the system like deploying new versions of the privEOS contract.\n\n\n## How do node operators earn money?\nThe pay (revenue) you receive is distributed via a self-adjusting smart contract that automatically divides and assigns the 600 privEOS delegated tokens to the Node Operator pool which sits inside the privEOS smart contract.\n\nAll revenues coming into privEOS will be visible to the DAC and 60% of this will flow into the Node Operator pool.\n\nThe individual Node Operator’s share of the revenues being accrued inside the Node Operator pool is determined by the number of key fragments stored (virtual token), so the more files and key fragments a Node Operator has been selected to store in comparison to other nodes operating on the network, the greater the proportion of the revenue they will receive.\n\nEach Node Operator is able to withdraw their share of the Node Operator pool whenever they want by calling the withdraw smart contract action.\n\nIf a Node Operator wishes to permanently leave the privEOS network, they can by completing a handover process, which will involve passing their share of key fragments onto another Node Operator within the privEOS network. By completing the handover process, the Node Operator wishing to leave the network, will receive their full bond back.\n\n## How is privEOS governed?\nPrivEOS is designed to be governed as a decentralized autonomous community (DAC). In the beginning, the permissions to the privEOS contract will be held by 5 custodians requiring a threshold of 3 signatures. We call this setup the provisional government. Once the ecosystem has matured sufficiently, the DAC will be activated.\n\n## Who are the members of the provisional government?\nThe provisional government consists of 5 members:\n* **[EOS Dublin](https://www.eosdublin.com)** as both a representative of Block Producers as well as Dapp developers. EOS Dublin is currently developing a dApp on top of privEOS.\n* **[EOSVibes](https://eosvibes.io)** as a representative of Block Producers. Furthermore, EOSVibes has been instrumental in helping to get privEOS up and running. Special shoutout and thank you to Kyle from EOSVibes for designing and refining the privEOS tokenomics together with our team. 👏\n* **Torsten Dahmen from [Innogy](https://www.innogy.com/)** as a representative of corporate interests. Torsten is pushing boundary when it comes to proliferation of blockchain technology in the corporate world.\n* **[Slant Ltd](https://www.slant.li)** is the company that has developed and continues to further develop the privEOS smart contract and open source server software.\n* **One Investor** representing institutional investors, which has not been announced yet.\n\n## How do I sign up as a node operator?\nThe first step would be to familiarize yourself with the privEOS system by reading through our [documentation on github](https://github.com/rawrat/privEOS). The next step would be to set up a server and register yourself for the privEOS testnet. Once you have the node on the testnet up and running and have familiarized yourself with the operational requirements, you're ready to set \nup a server on the mainnet. Once your node is up and running, you can register with the privEOS smart contract by calling the regnode action, that’s our equivalent of regproduce. The regnode action charges a small fee of 10 EOS (400 TLOS) that goes into the general revenue distribution to prevent spamming.\n\nIf you have any questions, please stop by our [telegram support channel for node operators](https://t.me/SLANT_official). We'll be glad to help you with any questions or problems you might have. Of course, you can also just stop by and say hello 🙂 \n\n## When will privEOS be opened up for dApps?\nRight now, there are no nodes active yet on the mainnet, since we are only just now opening up the registrations. Once the first few nodes are becoming active, dApps can start using privEOS actively. Once that is the case, we will make a separate announcement. \n\n## How does the privEOS tokenomics work exactly?\nPlease see our previous article for further information on [priveos tokenomics](https://steemit.com/priveos/@slant/priveos-tokenomics). \n\n## Which blockchains does privEOS currently support?\nPrivEOS is currently available on the EOS mainnet and the TELOS mainnet. Other EOSIO-based chains can be added quite easily. We are exploring also supporting other blockchains like Ethereum.",
      "json_metadata": "{\"tags\":[\"priveos\",\"eos\",\"blockchain\",\"privacy\"],\"image\":[\"https://cdn.steemitimages.com/DQmSJYXNUsL9tSDCS1eXgmRVH6kCgDgDiyLwqeckn2GZMkC/3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png\"],\"links\":[\"wikipedia\",\"https://ipfs.eternum.io/ipfs/QmVXSZyYZY3Gd9CVZxkUAsqGggN9qWb4bDhYtk79as7hGp/SLA-01-report.pdf\",\"https://steemit.com/priveos/@slant/priveos-tokenomics\",\"https://github.com/rawrat/privEOS\",\"https://www.eosdublin.com\",\"https://eosvibes.io\",\"https://www.innogy.com/\",\"https://www.slant.li\",\"https://t.me/SLANT_official\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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      "parent_permlink": "priveos",
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      "title": "PrivEOS Tokenomics",
      "body": "@@ -15701,12 +15701,239 @@\n  high value.\n+%0A%0ALinks:%0A* Testnet Signup for Node Operators: https://www.slant.li/testnet-signup/%0A* Developer Documentation: https://github.com/rawrat/priveos-client/wiki/Getting-started%0A* PrivEOS Telegram Channel: https://t.me/SLANT_official\n",
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      "author": "bodget",
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      "body": "Looks interesting guys, looking forward to seeing how it develops. Where is the sign up link for node operators?",
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      "body": "Congratulations @slant! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :\n\n<table><tr><td><img src=\"https://steemitimages.com/60x60/http://steemitboard.com/img/notifications/firstvote.png\"></td><td>You made your First Vote</td></tr>\n</table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@slant) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=slant)_</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemitboard-supports-the-steemfest-travel-reimbursement-fund\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmXDHs9xfx8ZZ3DESFUqHRUQAcQT5kUWobArsRoJg2Yz1F/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemitboard-supports-the-steemfest-travel-reimbursement-fund\">SteemitBoard supports the SteemFest⁴ Travel Reimbursement Fund.</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "@@ -3687,20 +3687,16 @@\n ontract.\n- The\n  Node Op\n@@ -3704,25 +3704,19 @@\n rators a\n-s well as\n+lso\n  receive\n@@ -3803,16 +3803,17 @@\n  provide\n+.\n %0A%0A## Pri\n",
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      "body": "@@ -2228,16 +2228,18 @@\n incentiv\n+iz\n e expert\n",
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      "body": "@@ -1072,16 +1072,19 @@\n .%0A%09%09%09%09%09%0A\n+## \n Why does\n",
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      "parent_permlink": "priveos",
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      "title": "PrivEOS Tokenomics",
      "body": "# A Full Breakdown and Explanation \n![3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png](https://cdn.steemitimages.com/DQmSJYXNUsL9tSDCS1eXgmRVH6kCgDgDiyLwqeckn2GZMkC/3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png)\n## What is privEOS?\n\t\t\t\t\t\nPrivEOS is a new protocol from Slant Ltd that enables apps, companies and brands to let users own and control their data.\n\t\t\t\t\t\n## What is the difference between Slant Ltd and privEOS?\n\t\t\t\t\t\nPrivEOS is the product and Slant is the service company creating the privEOS software. As the service company, Slant will continue to update the privEOS software, as well as develop new modules for the protocol.\n\t\t\t\t\t\n## Does privEOS have a token?\n\t\t\t\t\t\nPrivEOS has a private token that allows the network to govern and organise itself as well as allowing for the automation of costs and payments amongst all participating parties.\n\t\t\t\t\t\nWhy does privEOS have a private token instead of a public token?\n\t\t\t\t\t\nBecause privEOS wants to engage with as many businesses, applications and users as possible and these customers predominantly reside outside of the eosio ecosystem and currently prefer using fiat rather than crypto to pay for their services (at least for now).\n\t\t\t\t\t\nHaving a public token would add a layer of complexity that simply isn’t needed. While public utility tokens can be advantageous for whoever issues them, they add a substantial amount of friction to the system that we’d rather not have.\n\t\t\t\t\t\nInstead, we see an internal private token as the perfect way to run the internal structure of costs, billing, rewards, voting and governance for the privEOS DAC.\n\t\t\t\t\t\nAs well as fiat, privEOS will also accept payments in crypto.\n\t\t\t\t\t\t\t\t\t\t\t\n## How many privEOS tokens will there be?\n\t\t\t\t\t\nThere will be 1,000 privEOS tokens. Out of the 1,000 privEOS tokens, 800 tokens will have delegated rights attached to manage costs, billing, rewards, voting and governance among Node Operators and Slant Ltd. In addition, 200 privEOS tokens have permanent rights attached to incentive experts, advisors and qualified investors. \n\n \n\n## How does the privEOS token work and what is its function?\n\t\t\t\t\t\nUp until recently, coins and tokens have either represented units of value in the underlying software or protocol or a means of paying for transactions within it and most crypto projects have tended to use them in this very narrow way. However, with the advent of eosio, tokens can have different functionality and conditions attached to them through the inclusion of smart contracts and can thus represent much more than speculative value or a means by which to pay for transaction costs.\n\t\t\t\t\t\nIn the case of privEOS, the tokenomics will be structured very differently.\n\t\t\t\t\t\nInstead of exposing the value of the privEOS token to the wild swings of the public crypto markets, each privEOS token will instead represent a unit of rights and obligations for the service provided in the entire privEOS project.\n\t\t\t\t\t\nThe token is therefore unlikely to ever have a public price attached to it, as it’s not designed to hold any kind of spendable value. Instead its value is allocated through the rights to privEOS revenues.\n\t\t\t\t\t\nAs well as a claim on income generated from the privEOS network, the privEOS token also represents voting rights. i.e. Node Operators will hold 60% of the voting rights within the DAC to align on upcoming changes and improvements that may or may not affect rights and obligations represented in the smart contract. The Node Operators as well as receive 60% of the gross income generated from the privEOS network for the service they provide\n\n## PrivEOS in a Trustless- and Choice Model\n\t\t\t\t\t\nPrivEOS offers two operating models for the user - the Trustless and Choice Model. In case of the Choice Model, which will be released first, the user selects its Node Operators he or she trusts to store fragments of their encrypted keys and private data. In case of the Trustless Model, the protocol automatically selects Node Operators with the highest trust index. The Trustless Model will be released at a later stage to initiate and to optimize a decentralised approach for the Trustless Model on the mainnet.  \n\nPrivEOS revenue allocation is paid directly and proportionally based on the number of privEOS tokens each token holder has in their possession. This means that, the more privEOS tokens you hold, the greater proportion of gross revenue you’ll receive from the privEOS project.\n\t\t\t\t\t\nAll revenue generated by privEOS will be distributed evenly, proportionally and directly to the 1,000 priveos tokens.\n\t\t\t\t\t\n800 priveos tokens come with Delegated rights. 200 priveos tokens come with Permanent rights.\n\t\t\t\t\nAll tokens whether Permanent or Delegated have the same rights of value – meaning both Permanent and Delegated tokens receive the same level of (distributed) income per token.\n\t\t\t\t\t\nAll tokens whether Permanent or Delegated hold the same voting rights.\n\t\t\t\t\t\n## PrivEOS tokens with Permanent rights attached\n\t\t\t\t\t\nPrivEOS tokens with Permanent rights attached, enables the owner to receive a proportion of gross revenue generated by the privEOS protocol in perpetuity for their expertise, advise and financial support in the project next to its capability to vote for changes presented by the DAC. The DAC has no jurisdiction over Permanent tokens; instead, individual ownership rights and keys are assigned to these particular tokens. Permanent tokens will represent 20% of supply.\n\t\t\t\t\t\n\t\t\t\t\t\nIn theory, privEOS tokens with Permanent rights attached can be privately bought and sold, as they are the property of whoever owns them. However, the characteristics of Permanent rights come closer to an incentive program for key roles in this project to bring it alive, bootstrap and scale it in different stages.  \n\t\t\t\t\t\n## PrivEOS tokens with Delegated rights attached\n\t\t\t\t\t\nPrivEOS tokens with Delegated rights attached are delegated to participants who perform some type of function, service or task within the privEOS ecosystem (such as running nodes, performing a service company role etc). If the holder of the Delegated tokens stops performing the function or task allocated to them, or performs below the standards in which they agreed to perform the said task/function – then the tokens could potentially be recalled via a smart contract that’s attached to them.\n\t\t\t\t\t\n80% of priveos tokens will be Delegated. 60% of which will be delegated to Node Operators and 20% will be delegated to Slant as the service company.\n\t\t\t\t\t\n## Why have a token with two different rights attached?\n\t\t\t\t\t\nFor many reasons.\n\t\t\t\t\t\nPrivEOS is an ambitious project with a need for expertise from different areas and investment capital. Permanent tokens are therefore ideal for issuing to VC’s, qualified investors, founders and advisors in exchange for startup capital, ongoing funding and creating,bootstrapping and scaling the network.\n\t\t\t\t\t\nAny future income the Permanent token holders receive is protected through owning tokens with Permanent rights attached. Whilst nobody can guarantee that the privEOS project will be successful, Permanent tokens can at least guarantee that if revenue is generated from the privEOS project; then a share of that revenue is protected in perpetuity under permanent ownership rights for their expertise, advise and in some cases capital\n\t\t\t\t\t\nIt must be understood from the outset that Permanent token rights are protected and cannot be taken away through a change in policy or through a DAC vote.\n\t\t\t\t\t\nThe 600 privEOS tokens for Node Operators will be issued with Delegated rights attached. These tokens will be kept in their own pool within the privEOS smart contract and 60% of all generated revenue will flow into this pool where it can then be distributed amongst participating Node Operators.\n\n200 privEOS tokens with Delegated rights are hold by Slant for building and maintaining the network.\n\t\t\t\t\t\nNode Operators and Slant will not hold Permanent tokens unless they wish to also become accredited investors in the privEOS project.\n\t\t\t\t\t\n## Can anyone buy privEOS tokens?\n\t\t\t\t\t\nProviding you are an accredited investor you can buy privEOS tokens with Permanent rights attached.\n\t\t\t\t\t\nPrivEOS will be run as a private DAC. For legal reasons, we cannot and will not offer the token for public sale.\n\t\t\t\t\t\nPermanent tokens make up 20% of the total token supply.\n\t\t\t\t\t\nPermanent tokens are kept in a separate pool and are assigned to VC’s, accredited investors and founder/advisor accounts.\n\t\t\t\t\t\nTokens with Delegated rights attached are assigned in exchange for work or tasks (such as operating a node or building software).\n\t\t\t\t\t\n## Why has privEOS chosen to be a private DAC?\n\t\t\t\t\t\nWe wanted to blend decentralization with an efficient level of governance.\nThe privEOS node network relies on important parties such as service providers and experts. Each parties’ function, cost and income is described in a smart contract represented by the privEOS token. Every token holder gets paid for his/her service or expertise by Slant as the service company. Next to the service and expertise provided, each token holder also participates in the privEOS DAC (governance).\n\t\t\t\t\t\n## How do I become a Node Operator on privEOS?\n\t\t\t\t\t\nBy simply running a node on privEOS. See our GitHub for instructions (goes live at launch). Once your node is up and running, you can register with the privEOS smart contract by calling the `regnode` action, that’s our equivalent of `regproduce`. The regnode action charges a small fee of 10 EOS (400 TLOS) that goes into the general revenue distribution to prevent spamming.\n\t\t\t\t\t\n## Is it only Block Producers that can become Node Operators?\n\t\t\t\t\t\nNo. Any business with available infrastructure and technical know-how can become a node operator on privEOS. However, in order to be selected as a Node Operator by users of the privEOS protocol, you would likely need to have a good reputation in place. You will also need to post a bond.\n\t\t\t\t\t\n## Why do Node Operators need to post a bond?\n\t\t\t\t\t\nIn case of the choice model, businesses, applications and users can select up to 30 Node Operators, in case of the trustless model up to 30 Node Operators are selected to store fragments of their encrypted keys and private data. If a Node Operator decides to run a node on privEOS and then wishes to quit at some point in the future, then there needs to be an incentive for them to handover their portions of encrypted key fragments back onto another Node Operator. The bond incentivizes the Node Operator to complete this handover process. Once the handover process has been completed, the node operator has their bond returned to them.\n\t\t\t\t\t\n## How much is the bond and who keeps it?\n\t\t\t\t\t\nThe bond is 1000 EOS and if technically feasible, will be kept in REX so Node Operators can earn interest on it.\n\t\t\t\t\t\nFor the Telos Network, the bond is 40,000 TLOS and again, will be kept in TREX (if technically feasible).\n\t\t\t\t\t\nIn order to encourage Node Operators to start joining the privEOS network, bonds can either be paid upfront or accrued post launch. \n\t\t\t\t\t\nPrivEOS will also create a proxy and will vote for Node Opertors operating a privEOS node. If there are more than 30 Node Operators operating a node on privEOS then preference for Node Operator selection will be given to the nodes that are performing the best on the privEOS trust index.\n\t\t\t\t\t\nOnce the bond level has either been paid or accrued, the Node Operator will begin receiving 90% of their pay. The other 10% of their pay will continue to be added to their bond for a period of 12 months. The DAC will then take over the responsibility for setting what percentage level of pay the ongoing node operators’ contribution towards the bond needs to be set at.\n\t\t\t\t\t\nSetting the percentage level of pay for bonds will be a balance of incentives. It needs to be high enough to incentivise the completion of a handover in case a node operator leaves the network, yet low enough so as not to unduly impact the viability of running a node.\t\t\t\t\t\n\n## Won’t most Nodes Operators on privEOS be the same block producers who have taken over EOS main net?\n\t\t\t\t\t\nNo, as there is no token to trade for votes, selecting Node Operators on privEOS is completely different from how Node Operators get selected on EOS.\n\t\t\t\t\t\nIt will be businesses, dapps, applications and users from the outside world that will be selecting which node operators they want to use/select for their particular use case or simply managed by the protocol itself.\n\t\t\t\t\t\nSelection of Node Operators within privEOS is a process of reputation, trust and choice managed directly by the user or by the protocol, it has nothing to do with how many tokens you have access too.\n\t\t\t\t\t\n## As a Node Operator, how do I gain a good reputation on privEOS?\n\t\t\t\t\t\nAlready having a good reputation within the eosio community will put you in a good starting position, however, outside of the eosio community you will likely be an unknown entity. In which case, privEOS will run a trust index that will display the amount of fragmented key and file shares your node is successfully running and will display the reliability and uptime of your particular node. Businesses and applications outside of the eosio ecosystem can then use this technical trust index as a guide for selecting Node Operators. Being among the top 30 Node Operators will help you to be chosen by the protocol in case the user of privEOS selects the trustless model. \n\t\t\t\t\t\n## As a Node Operator, how will I get paid?\n\t\t\t\t\t\nThe pay (revenue) you receive is distributed via a self-adjusting smart contract that automatically divides and assigns the 600 privEOS delegated tokens to the Node Operator pool which sits inside the privEOS smart contract.\n\t\t\t\t\t\nAll revenues coming into privEOS will be visible to the DAC and 60% of this will flow into the Node Operator pool.\n\t\t\t\t\t\nThe individual Node Operator’s share of the revenues being accrued inside the Node Operator pool is determined by the number of key fragments stored (virtual token), so the more files and key fragments a Node Operator has been selected to store in comparison to other nodes operating on the network, the greater the proportion of the revenue they will receive.\n\t\t\t\t\t\nEach Node Operator is able to withdraw their share of the Node Operator pool whenever they want by calling the withdraw smart contract action.\n\t\t\t\t\t\nIf a Node Operator wishes to permanently leave the privEOS network, they can by completing a handover process, which will involve passing their share of key fragments onto another Node Operator within the privEOS network. By completing the handover process, the Node Operator wishing to leave the network, will receive their full bond back plus any interest accrued.\n\t\t\t\t\t\t\n\t\t\t\t\t\n## Who sets privEOS pricing?\n\t\t\t\t\t\nThe privEOS DAC.\n\t\t\t\t\t\nAs Node Operators hold the majority of the stake (60%), they will hold the majority vote in determining what privEOS will charge as a service.\n\t\t\t\t\t\nIt is anticipated that Node Operators will vote for a pricing structure that will not only cover all of their infrastructure and employee costs, but also offer a competitive rate when compared to other market participants.\n\t\t\t\t\t\nPricing will be set using the median average voted for by DAC members.\n\t\t\t\t\t\nCompared to the standard mean average, the median average is resistant to outliers, meaning a minority of participants cannot (inadvertently or maliciously) influence the price by setting an artificially high value.",
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      "title": "PrivEOS successfully passes its first security audit",
      "body": "# Executive Summary\n\nThe privEOS system from [Slant Ltd.](https://www.slant.li/) has undergone a security audit performed by the german pentesting company [Cure53](https://cure53.de). No security vulnerabilities could be found, validating Slant’s development practices. If you are interested in the details, here is the link to the [full audit report](https://ipfs.eternum.io/ipfs/QmVXSZyYZY3Gd9CVZxkUAsqGggN9qWb4bDhYtk79as7hGp/SLA-01-report.pdf).\n\n> “After spending twelve days on the scope in July 2019, four members of the Cure53 team confirm that the Slant privEOS  system is mostly vulnerability-free.“\n> -- Cure53’s Audit Report\n\n![3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png](https://cdn.steemitimages.com/DQmSJYXNUsL9tSDCS1eXgmRVH6kCgDgDiyLwqeckn2GZMkC/3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png)\n\n# What is a security audit?\n\nFor a privacy protocol like privEOS, information and data security is of utmost importance. That’s why Slant has taken a security-first approach while designing and building the various components that make up privEOS. It’s important to have Slant’s work checked by independent security experts to analyse and to test security characteristics of the privEOS code and architecture.\n\n# What was the result?\n\nSlant is extremely pleased that no security vulnerabilities were found in privEOS. Its cryptographic protocol was found to be sound and properly implemented. The server-side software is securely implemented and does not contain any security holes. \n\nPrivEOS uses the native EOS functionality for encryption. To that end, it relies on the [eosjs-ecc](https://github.com/EOSIO/eosjs-ecc) library by [block.one](https://block.one). Before the external security audit, during its internal review of that library, the team discovered that eosjs-ecc was not using properly authenticated encryption. Therefore, Slant started its own fork of that library, [eosjs-ecc-priveos](https://github.com/rawrat/eosjs-ecc-priveos), fixing the broken cryptography by replacing the insecure use of AES-CBC with [tweetnacl-js](https://github.com/dchest/tweetnacl-js). During the audit, it was confirmed that Slant’s fork fixes the problems in the original eosjs-ecc library. After conferring with Cure53’s cryptographer, the team additionally removed eosjs-ecc’s homegrown authentication tag as it was needlessly producing hashes of the shared secret. Slant published a [pull request](https://github.com/EOSIO/eosjs-ecc/pull/61) offering to merge our security changes back into the original eosjs-ecc library which, to this date, sadly has not yet been accepted. Slant urges everyone not to use the original eosjs-ecc library but Slant’s fork of it, [eosjs-ecc-priveos](https://github.com/rawrat/eosjs-ecc-priveos), instead.\n\nThe third-party library [secrets.js](https://github.com/grempe/secrets.js), which privEOS is relying on for the shamir secret sharing algorithm, was checked as part of this audit and found to be secure.\n\nThe audit team correctly documented that the privEOS NodeJS services did not implement any per-IP rate-limiting. Slant did not consider rate-limiting part of the concern of the NodeJS services as they are always running behind an HTTP load-balancer. The load-balancer, firewall or general data center environment is the correct place to implement protection against (distributed) denial of service attacks. However, to make the privEOS services more difficult to misconfigure, Slant added per-IP rate limiting to the NodeJS services as well as per the suggestion of the audit team.\n\n# Who performed the security audit?\n\nAfter evaluating a couple of security companies for privEOS audit, the choice fell on the german pentesting company [Cure53](https://cure53.de) which has previous experience with EOS and other blockchains as well as great expertise in the area of cryptography. The whole team of Slant thanks the experts at Cure53 for their excellent work!\n\n# What was tested?\n\nThe privEOS system consists of several systems that interact together. There is the EOS Smart Contract written in C++ as well as the server-side software that is run by the privEOS service providers. This server-side software consists of a number of subsystems that are all implemented using NodeJS that all needed to be checked. Lastly, privEOS is greatly depending on two third-party libraries that implement the cryptographic primitives privEOS relies on. Slant decided to include these two third-party libraries, [eosjs-ecc](https://github.com/EOSIO/eosjs-ecc) and [secrets.js](https://github.com/grempe/secrets.js), into the scope of the audit. It is great to know that the most important third-party libraries have been checked as well.",
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      "body": "@@ -1,20 +1,22 @@\n+**\n Wordproof.io and Sla\n@@ -167,16 +167,18 @@\n udience.\n+**\n %0A%0AWordPr\n@@ -574,16 +574,18 @@\n ation.%0A%0A\n+%3E \n %E2%80%9CBeing a\n@@ -996,16 +996,18 @@\n of.io.%0A%0A\n+%3E \n %E2%80%9CWe are \n@@ -1924,16 +1924,405 @@\n ant.li: \n-\n \n+%0A!%5B3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png%5D(https://cdn.steemitimages.com/DQmSJYXNUsL9tSDCS1eXgmRVH6kCgDgDiyLwqeckn2GZMkC/3zpz8WQe4SNGWd7TzozjPgq3rggennavDx3XPY35pEAVnpu7jb9EYEUgxhFeo5tfzbXpKk1xZXZQnhsSac5cNr7iEwdou9CvqQXoS6wyKXhGB7ppfvG1NZbkuGXhY7g9BMTNznrJx68CxywCkjSn.png)%0A\n Slant is\n",
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      "body": "Wordproof.io and Slant.li, the maker of the privEOS privacy technology, are pleased to announce a partnership that will help bring decentralized privacy to a mass audience.\n\nWordProof.io brings the benefits of blockchain to the world of content in a user-friendly way. The privEOS protocol enables developers to build zero-knowledge applications that allow users to securely exchange information without anybody (not even the application itself) being able to listen in. Due to smart contract integration, there is no need to trust a centralized entity with that information.\n\n“Being able to use the privEOS privacy protocol is a godsend for us since there is no longer the need to have a honeypot of sensitive user data on our servers. Everything is safely locked away on the blockchain with the user retaining full control over their own data. The privEOS technology is an important building block for several of the products we work on.” said Sebastiaan van der Lans, founder of WordProof.io.\n\n“We are delighted to welcome Wordproof.io as one of the first apps developing on top of our privacy protocol.” commented Michael Breidenbrücker, CEO of Slant.li, “We can’t wait to see the final product released!”.\n\nAbout WordProof.io: WordProof brings the benefits of blockchain to the world of content in a user-friendly way. Their first product is WordProof Timestamp, timestamping and thereby protecting content in an open source way. Recently they launched a service to timestamp your content automatically with your own key via the advanced EOSIO permission system: WordProof Timestamp’s We Stamp For You. WordProof is founded by Sebastiaan van der Lans, an open-source entrepreneur who founded Amsterdam’s first and biggest WordPress agency ‘Van Ons’, which made the WP GDPR Compliance plugin, 1.2M downloads and 100.000K active users. \n\nWordProof Timestamp https://www.youtube.com/watch?v=MYJyDSYCLFs \n\nAbout Slant.li: Slant is the developer of systems for private data computation and data marketplaces in distributed environments that began in January 2018. The team consists of tech entrepreneurs; Michael Breidenbrücker, Marcel Vaschauner, Angelo Laub, Fabian Frank and Tassia Breidenbrücker. Michael Breidenbrücker is best known as co-founder of Last.fm, founder of RjDj and partner at venture firm Speedinvest. He has been working with artists such as Hans Zimmer, Imogen Heap, Air (French Band), and Booka Shade. In 2011 he produced Inception The App together with multiple award-winning film director Christopher Nolan and multiple award-winning composer Hans Zimmer, which reached number 5 in the US App Store charts.",
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