EOS block producers – who are they and why are they necessary? We’re going to answer both these questions and more.

EOS Block Producers: The Why

EOS block producers will be the decentralized bodies that are voted in to govern the EOS network, starting from when its mainnet launches. As the name implies, block producers produce the blocks of the EOS blockchain.

That means it’s a pretty big deal to become an EOS block producer. EOS block producers are in charge of running the EOS blockchain – a big responsibility which yields a big reward.

Block producers earn EOS tokens – approximately 1% of the 5% EOS token inflation that occurs.

Although block producers will technically be able to keep the tokens for themselves, there will be an incentive to reinvest their rewarded tokens. Reinvesting would create better infrastructure growth, better community and financial support, along with better education on the EOS network and EOS dApps.

Who the EOS block producers are will constantly be changing. To understand that a little better, let’s dive into the block producer voting process.