Our Core Values

While we hope there was some way we could prevent all forms of potentially bad things from happening in the block producer community, and, would like to say we have a brilliant solution to keep all participants 100% honest and ethical at all times. However, aside from the oft-mentioned governance and voting solutions, we don’t have an answer. All we can do is speak for our team behavior, which is that we have 2 people who have all had exemplary careers in computer science, information technology, business, philanthropy, and medicine, and, we feel that looking at someone’s track record is important. A leopard doesn’t change his spots.

The people on our group make more than enough money to feed their families, and have enough savings that we could basically retire or stay with our current jobs. We all have spotless records and stellar reputations within our respective communities. With our current careers, WE DON’T NEED THE MONEY FROM BEING A BLOCK PRODUCER. We’ll TAKE the money, but we don’t NEED the money, and we surely are not going to cheat, be immoral, or unethical, to get it. We’ve made whatever money we have by working our tails off for decades, not by cheating. And, we believe that karma is real. We haven’t worked this hard for this long to start cheating now. We will do an exemplary job producing Telos blocks, using great equipment, be upstanding members of the Telos community, and be excellent, careful stewards of whatever resources we receive.

We pledge to always try to do the right thing, and not change the way we’ve done things for the last 20-30 years in our careers prior, to Telos. But all I can do is speak for our team. We can’t speak for people halfway around the globe, or even in the house next door.

Our Pledge

“We pledge to always try to do the upstanding, moral, ethical thing, and, if we make a mistake, correct it as soon as we are made aware of it.”

Our Code of Ethical Conduct and Core Values are Based Upon the Following Principles:

1. Transparency.

2. Integrity.

3. Dependability.

4. Accountability.

5. Financial and behavioral independence.

6. Benevolence, and,

7. Respect for the Rule of Law.

We pledge to follow the accepted rules of a civilized, intelligent society, and, in particular, the Constitution, and Rules of Governance established by the Telos Foundation.

In other words, we will continue to do what we have always done. While the world always presents evil, immoral, and unethical temptations, it shouldn’t be difficult for us, because it’s how we have structured our conduct thus far, and, it’s who we are. Period.

Modified from the originally published article on May 1, 2018 via Steemit.

OWNERSHIP

Big Iron is solely owned by Optima Venture Capital, III L.P, which is entirely (100%) owned, control, and funded by Big Iron founder, Dr. Brett Jeffery. There are no other outside investors or participants, (absent a third-party loan from a local bank to Brett Jeffery to buy the hardware). The Information Technology Director, J.T. Buice is paid as an independent contractor through his company, Kainos Technology. There are no other individual or corporate owners, investors, or participants in the Big Iron BP team. Absent ownership of EOS the World (not participating in Telos), Brett Jeffery has no participation, ownership, or investment in any other block producer.

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