In an email to the CEO of EcoChia (whatever that means), J. Eckert (Sargonas), VP of Ecosystem Operations at Chia Network has formally revoked the trademark license for EcoChia, meaning they will need to change their name and domains. Basically, the pool is dead. This is because of the unethical behaviour we covered yesterday where EcoChia leadership admitted to faking their pool size in order to draw in more farmers, lying to their users and their support staff.
This is an interesting one for me, because I agree with the motivation behind it. Chia Network is making a stand that they are going to insist on ethical behaviour from anyone using their license, which I applaud. And as long as Chia Network’s definition of ‘ethical’ matches up to mine I will continue to agree, most likely. This is, however, exactly why I refused a license.
You can read the email below. This came to me from their support team, who it must be stressed was not part of the unethical behaviour and is the only reason we know for sure it was happening at EcoChia and the reason the CEO of EcoChia made his admission of guilt.