How to ensure income for Crypto-currency infrastructure development

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Avatar for TomZ
Written by
3 years ago

A hot topic for some time now is the funding of infrastructure development in Bitcoin Cash. Several methods have been suggested and tried, with varying degrees of success.

A translation is available in Bengali.

When it comes to the longer term health of the coin I would like to highlight an often overlooked method of funding the ongoing infrastructure development. One that hides in the background and needs a light shone on it every now and then.

The economics of Open Source Software.

The creation of quality software for something as big as a crypto-currency that scales to world-size is very time consuming and really not an easy task. It is obvious that people won't put their time in out of the kindness of their hearts. There has to be something they get back for the weeks and months of working on this.

Yet, practically all people active in Bitcoin Cash have started doing so without anyone paying them. They joined first, putting in lots of hours for free. How do we explain this?

It turns out that there is a list of reasons, of incentives, that help people work on open source software, and Bitcoin Cash specifically. Here is what I know:

  • Open source problem solving is very rewarding to those people.

  • Bitcoin Cash ownership is like stock and working on the coin increases the share-price.

  • Holders want to fund devs.

  • Companies collaborate on shared problems to share costs.

I'll go deeper into these points below. The red line through this article is to establish that developer funding is happening today and furthermore that developer funding of open source software has evolved over decades with the culmination of Bitcoin Cash actually turning this into cold hard cash.

Building something is its own reward

The majority of open source developers that do this in their spare time do this because they like it. It is building something that lasts. Something to be proud of. I think most people can understand that. Working together on a project so big that you could not do it alone also gives you a feeling that you belong to something bigger. Especially if that bigger thing is likely to make a big impact on the world. "Making a change" is a valuable thing in the part of the world where I live.

As it turns out, it is very rewarding to work on a project with smart people, and it is the reason why people join in the first place. This is how the vast majority of Bitcoin Cash developers joined at the beginning. Nobody hired them, they selected themselves to join the efforts.
This, however, depends on devs having financial stability. More on that below.

Developing money infrastructure is about money

In many ways joining Bitcoin Cash is like joining a startup. They often don't follow 9-5 office hours or get a (big) monthly paycheck. Instead the pay is in stock or options and the harder you work to increase the value, the more valuable your stock will be.

There are a lot of parallels between BCH with startups in that most of the active Bitcoin Cash developers joined without anyone hiring them. It is well known that most of them indeed have savings in Bitcoin Cash and today are working on BCH to make their investment rise in value.

Developers that add utility to Bitcoin Cash literally create value. And the network effect of money means that this comes right back to them in the shape of their holdings rising in value.

Holders want to pay devs

We already concluded that developers that add utility to the Bitcoin Cash coin will effectively help holders get richer. It follows that there will be holders that want to make sure that this developer has the ability to put the time in. And to have the incentive by making the developer a holder too.

We have seen this in the past months with a series of successful flipstarters where each group of developers that adds value to Bitcoin Cash got fully funded. Since the platform was created 5 months ago these investments added up to the count of over 738,000 USD.

The benefits of Bitcoin Cash are apparent to a lot of people, those people realize that we should make it grow faster in order to stay ahead of competition. And a lot of people are willing to do this. If you can't code or advertise, you can pay those that can. Like an open market. And this is proven to happen today. Developers are indeed getting paid voluntarily because it benefits both parties.

Companies share costs

In technology companies the cost of the end product is only a very small part of the cost of operation. A historical example here is webserver. Other than Microsoft nobody sells a webserver. The webserver is a required part of many companies but it is not their product, they just use one.

The Apache webserver was the first that was made open source by a company that needed one and wanted to share the burden of developing it. Over the following years many others joined in and the software became very successful, eating real marketshare from the Microsoft one. Today the paid-for web-server is the minority.

Giving away software that people on companies' payroll wrote is beneficial to these companies because they share the maintenance cost. They lower their overall cost for infrastructure.

Companies can often be educated to see the benefit of sharing their developers time if this lowers the longer term cost of maintenance. 10 hours today to avoid 100 hours in the next year.

Putting a developer on your payroll for some time is equal to buying an off-the-shelf product for real money, but instead of paying some Microsoft to implement the feature you need you add it for a fraction of the cost. Remember, infrastructure is not your main product. It is just a burden on your bottom line.

Conclusion

Developers have historically been joining Bitcoin Cash, and Bitcoin before it, without there being a developer fund, without a promise of a paycheck.

A lot of people believe in Bitcoin Cash and they put time and money into this. Developers develop, holders pay developers, companies hire developers. And this goes towards more than developers, this also includes payments towards advertising, sponsoring meetups, etc.

There also are a lot of reasons for developers to actively continue developing and money has been a problem that we have ample opportunities to solve.

Referring back to an older article, any sort of funding that is not voluntary is not market driven and is a danger to Bitcoin Cash, the myth that we actually need a developer tax (IFP) is shown to be completely unfounded and indeed damaging.

Closing remarks

I personally have been a software developer for 30 years. I have done 20 of that in mostly open source companies or open source in my spare time, I have contributions in dozens of projects.

From this experience I want to share my personal observation that there is a big difference between people that join a project because they want to spent their time doing this vs people that do this work because they are on the payroll.

The passion and the drive to do the right thing for the project are much stronger with people voluntary doing open source. You become a group of friends as opposed to colleagues. Developers that join because the believe in the project are also much harder to turn away from the shared goals. They resist being hired by the competitor and generally create more value than payroll people.

The benefit of this is hard to overstate. The increase in usefulness of Bitcoin Cash is payment in itself. In more than one way.

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3 years ago

Comments

Great piece. Just goes to show the developer community is stronger when they come together through a shared vision as opposed to being shoved into a cubicle by external forces

$ 0.00
2 years ago

What this article is missing is a clear line between intrinsic and extrinsic motivation. Nadia Eghbal's book 'Working in Public' did a great job at explaining open source project management in these terms.

Developers are intrinsically motivated to create software because it's a creative process. However, maintenance, like monitoring dependencies and security vulnerabilities, or writing unit tests, are tedious and do not provide intrinsic motivation. This is where extrinsic motivation (like getting paid) is important and necessary.

We can see this play out in the BCH space. Lots of projects are started with great fan fair, but then die out due to lack of maintenance.

$ 0.00
3 years ago

It turns out that developers actually react quite well to other forms of motivation than money as well. Typically even better. As the saying in tech goes: the salary should be such so we stop talking about salary.

The "tedius" parts are where their product moves from having people ignore your product to them becoming fans. Fans appreciate your work, which is a direct (extrinsic) motivation. Money does not have to be involved for this to work. The community feeling (if you were to start working with other devs, for instance) of building something together is another essential ingredient to get people the respect that their work deserves. Both extrinsic, both without the need for money to be involved.

I didn't name intrinsic and extrinsic specifically, indeed, but most people don't use those terms. If you take another look at the article you'll find I did touch upon them quite directly, though.

There are a lot of open source, freedom projects out there that are made by passionate people and they follow this quite well. Krita is my favourite example here. Bitcoin Cash projects can use all that experience and add to it as the post explains.

$ 0.10
3 years ago

I agree. This is a great point, it's no different than any field really - it's always fun to brainstorm and create new projects, but pushing the project into a polished thing is where the enthusiasm from people vanishes, this is a good way to figure out where to actually put vital funding into.

$ 0.00
3 years ago

Nice article

$ 0.00
3 years ago

It's really amazi man..... Just mind blowing. Keep it up. And also thanks for the information

$ 0.00
3 years ago

Molt clarament, ens expliqueu sobre efectiu bitcoin. He llegit a fons el vostre article i he recopilat coneixements nous sobre efectiu de bitcoins. Perquè sóc un nouvingut en aquesta plataforma. Senyor, pregueu per mi. "En molts aspectes, unir-se a Bitcoin Cash és com unir-se a una startup. Sovint no segueixen les 9-5 hores d’oficina ni paguen un xec mensual (mensual) important. En lloc d’això, el salari es troba en accions o alternatives i, com més treballeu per augmentar el valor, més valuós serà el vostre valor ”Déu us beneeixi.

$ 0.00
3 years ago

Great articles...

$ 0.00
3 years ago

Very informative arcticle Sir. Thank you for sharing us this kind of work.

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3 years ago

Plz subscribe me nice article

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3 years ago

I donno why people ask for subscribes in comments. If you have good writing skills, people are gonna subscribe you automatically.

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3 years ago

Yes it is very important because it increase the usefulness of bitcoin

$ 0.00
3 years ago

Not just a nice article but a great one too, keep I the good work bro, more money to you and more hustling to you you are a great author, you article are very informative and captivating

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3 years ago

Great Article keep it mate

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3 years ago

Amazing mann..nice article.

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3 years ago

Good

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3 years ago

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3 years ago

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3 years ago

V Good article

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3 years ago

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3 years ago

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3 years ago

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3 years ago

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3 years ago

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User's avatar Din
3 years ago

A great summary, of the current context and situation of Bitcoin Cash's development

$ 0.00
3 years ago

It is informative even today, your writing skill are superb and I have to agree wit you, BCH is supposed to be a innvoative blockchain

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3 years ago

Pls subscribed me back

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3 years ago

Wow whats a helpful article

$ 0.00
3 years ago

Sir❤

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3 years ago

woooooooooooooooooooooooooooooow nice post bro helpful post thank you

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3 years ago

Sir your writing skill is extraordinary.

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3 years ago

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$ 0.00
3 years ago

You make some great points!

I'm in the process of reading Nadia Eghbal's newly published book: "Working in Public". She's done a lot of research into modern open source culture, and the book provides a road map to categorizing different open source projects. Each category has different needs, cultures, and paths to sustainability.

Here is a podcast with a16z that summarizes the book: https://a16z.com/2020/08/01/working-in-public-communities-open-source-creator-economy-passion-economy/

I think ABC is a 'stadium' type project, they are overwhelmed, and so are transitioning into a 'club' type project.

Ideally, I think BCH wants to be a 'decentralized federation' project model.

The book has really helped provide a framework for seeing how the code, infrastructure, and funding has played out, and continues to play out. I highly recommend the book! It would be a great continuation to your thoughts captured in this post. I'm still reading and learning.

$ 0.25
3 years ago

Nice

$ 0.00
3 years ago

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3 years ago

Wow

$ 0.00
3 years ago

Nice article

$ 0.00
3 years ago

Thanks man😍

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3 years ago

Nice

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3 years ago

I want to read related articles like this. Where to find articles like this one?

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3 years ago

I learned a lot thanks for info

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3 years ago

It is really helpful, specially today that everyone's are not allowed to go out. As a student it was helpful not only

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3 years ago

It is really helpful, specially today that everyone's are not allowed to go out. As a student it was helpful not only in financial but also to free my thoughts. I'm starting to love writing something about me, my environment, family, and my s

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3 years ago

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3 years ago

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3 years ago

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3 years ago

Your article is very important..thank you so much sir.

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3 years ago

Nice article

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3 years ago

Yes, that's the thing! Amazing article post

$ 0.00
3 years ago

Very good article

$ 0.00
3 years ago

That is why I'm introducing so many average peoples even local one to BCH. But our fear is, one day BCH will not turn to political affairs, of which an average or local people will not be part anymore.

$ 0.00
3 years ago

I feel the need for a developer fund should continue, its advantage suoperceedes the setback

$ 0.00
3 years ago

During more than 80% of that time period, Bitcoin cash miners sold way more coins than what they are producing at today’s issuance rate..

$ 0.00
3 years ago

কিছু সময়ের জন্য একটি উত্তপ্ত বিষয় হ'ল বিটকয়েন নগদে অবকাঠামোগত উন্নয়নের অর্থায়ন। সাফল্যের বিভিন্ন ডিগ্রি সহ বেশ কয়েকটি পদ্ধতি পরামর্শ ও চেষ্টা করা হয়েছে।

যখন মুদ্রার দীর্ঘমেয়াদী স্বাস্থ্যের কথা আসে আমি চলমান অবকাঠামোগত উন্নয়নের জন্য অর্থ সরবরাহের প্রায়শই উপেক্ষিত পদ্ধতিটি হাইলাইট করতে চাই। এমন একটি যা ব্যাকগ্রাউন্ডে লুকিয়ে থাকে এবং তার প্রতি এখন এবং পরে হালকাভাবে আলোকিত হওয়া দরকার।

ওপেন সোর্স সফ্টওয়্যার এর অর্থনীতি। ক্রিপ্টো-মুদ্রার মতো বৃহত্তর কোনও কিছুর জন্য মানের সফ্টওয়্যার তৈরি করা যা বিশ্ব আকারের আকারে দাঁড়িপাল্লা খুব সময় সাশ্রয়ী এবং সত্যই সহজ কাজ নয়। এটা সুস্পষ্ট যে লোকেরা তাদের অন্তরের করুণা থেকে তাদের সময় কাটাবে না। এই কাজ করার সপ্তাহ এবং মাসের জন্য তারা ফিরে পেতে পারে।

তবুও, কার্যত বিটকয়েন নগদে সক্রিয় সমস্ত লোক তাদের কাউকে প্রদান না করেই এটি শুরু করে দিয়েছে। তারা প্রথমে যোগ দিয়েছিল, প্রচুর ঘন্টা নিখরচায় রেখে। আমরা কীভাবে এটি ব্যাখ্যা করব?

দেখা যাচ্ছে যে ওপেন সোর্স সফ্টওয়্যার এবং বিটকয়েন নগদকে বিশেষতভাবে কাজ করতে সাহায্য করার কারণগুলির, উত্সাহগুলির একটি তালিকা রয়েছে। আমি যা জানি তা এখানে:

ওপেন সোর্স সমস্যার সমাধান সেই ব্যক্তিদের জন্য খুব পুরষ্কারযোগ্য।

বিটকয়েন নগদ মালিকানা স্টকের মতো এবং মুদ্রায় কাজ করা শেয়ার-দাম বাড়ায়।

হোল্ডাররা ডেভস ফান্ড করতে চায়।

সংস্থাগুলি ব্যয় ভাগ করে নেওয়ার জন্য ভাগ করা সমস্যাগুলিতে সহযোগিতা করে।

আমি নীচের এই পয়েন্টগুলির আরও গভীরে যাব। এই নিবন্ধটির মাধ্যমে লাল রেখাটি স্থাপন করা হ'ল যে বিকাশকারী তহবিল আজ ঘটছে এবং তদ্ব্যতীত ওপেন সোর্স সফ্টওয়্যারটির বিকাশকারী তহবিল বিটকয়েন নগদের চূড়ান্তভাবে বাস্তবে এটি ঠাণ্ডা শক্ত নগদে রূপান্তরিত হওয়ার সাথে বিবর্তিত হয়েছে।

কিছু তৈরি করা তার নিজস্ব পুরষ্কার বেশিরভাগ ওপেন সোর্স বিকাশকারী যা তাদের অতিরিক্ত সময় এটি করে কারণ তারা এটি পছন্দ করে। এটি এমন কিছু তৈরি করছে যা স্থায়ী হয়। কিছু গর্বিত। আমি মনে করি বেশিরভাগ লোকেরা এটি বুঝতে পারে। এত বড় একটি প্রকল্পে একসাথে কাজ করা যা আপনি একা করতে পারেননি এটি আপনাকে একটি অনুভূতিও দেয় বড় জিনিস সম্ভবত বিশ্বের উপর একটি বড় প্রভাব ফেলতে পারে। আমি যে পৃথিবীতে বাস করি তার অংশে "পরিবর্তন করা" একটি মূল্যবান জিনিস।

যেমনটি দেখা যাচ্ছে, স্মার্ট ব্যক্তিদের নিয়ে একটি প্রকল্পে কাজ করা খুব লাভজনক এবং এটি কারণেই লোকেরা প্রথম স্থানে যোগদান করে। শুরুতে বিটকয়েন নগদ বিকাশকারীদের বিশাল সংখ্যা এইভাবেই যোগদান করেছিল। কেউ তাদের নিয়োগ দেয় নি, তারা প্রয়াসে যোগ দিতে নিজেদেরকে বেছে নিয়েছিল। এটি অবশ্য আর্থিক স্থিতিশীলতা বজায় রাখার উপর নির্ভর করে। নীচে যে আরও।

অর্থের অবকাঠামো উন্নয়ন করা অর্থ সম্পর্কে বিভিন্ন উপায়ে বিটকয়েন নগদে যোগদান করা একটি স্টার্টআপে যোগ দেওয়ার মতো। তারা প্রায়শই 9-5 অফিস সময় অনুসরণ করে না বা একটি বড় (মাসিক) মাসিক বেতন চেক দেয় না। পরিবর্তে বেতন স্টক বা বিকল্পগুলিতে রয়েছে এবং মান বাড়ানোর জন্য আপনি যত বেশি কঠোর পরিশ্রম করবেন আপনার স্টক তত বেশি মূল্যবান হবে।

স্টার্টআপসের সাথে বিসিএইচের মধ্যে অনেকগুলি সমান্তরালতা রয়েছে যে সক্রিয় বিটকয়েন নগদ বিকাশকারীদের বেশিরভাগই তাদের নিযুক্ত না করে যোগ দিয়েছিল। এটি সুপরিচিত যে তাদের বেশিরভাগেরই বিটকয়েন নগদে সঞ্চয় রয়েছে এবং আজ তাদের বিনিয়োগের মূল্য বৃদ্ধি করতে বিসিএইচ-এ কাজ করছেন working

যে বিকাশকারীরা বিটকয়েন নগদে ইউটিলিটি যুক্ত করে তারা আক্ষরিক অর্থে মান তৈরি করে। এবং অর্থের নেটওয়ার্ক প্রভাবের অর্থ হল যে এটি তাদের হোল্ডিংয়ের আকারে বেড়ে চলেছে মূল্যতে বাড়ছে।

ধারকরা ডিভস দিতে চায় আমরা ইতিমধ্যে সিদ্ধান্ত নিয়েছি যে বিটকয়েন নগদ মুদ্রায় ইউটিলিটি যুক্ত বিকাশকারীরা কার্যকরভাবে হোল্ডারকে আরও সমৃদ্ধ হতে সহায়তা করবে। এটি অনুসরণ করে যে এমন হোল্ডার থাকবে যারা এটি নিশ্চিত করতে চান যে এই বিকাশকারীটির মধ্যে সময় লাগানোর দক্ষতা রয়েছে And এবং বিকাশকারীকেও তাকে ধারক করে প্রণোদনা তৈরি করতে হবে।

আমরা বিগত মাসগুলিতে এমন একটি সফল ফ্লিপস্টার্টারের সাথে দেখেছি যেখানে বিটকয়েন নগদকে মূল্য যুক্ত করে এমন প্রতিটি বিকাশকারী পুরোপুরি অর্থায়িত হয়েছিল। যেহেতু ৫ মাস আগে প্ল্যাটফর্মটি তৈরি হয়েছিল এই বিনিয়োগগুলি 73৩৮,০০০ ডলারের বেশি গণনা করেছে।

বিটকয়েন নগদের সুবিধাগুলি প্রচুর লোকের কাছে স্পষ্ট, এই লোকেরা বুঝতে পারে যে আমাদের এটি আরও দ্রুত বাড়ানো উচিত যাতে করে প্রতিযোগিতা এগিয়ে থাকুন। এবং অনেক লোক এটি করতে ইচ্ছুক। আপনি কোড বা বিজ্ঞাপন দিতে না পারলে আপনি যা পারেন তা পরিশোধ করতে পারেন। খোলা বাজারের মতো। এবং এটি আজ ঘটতে প্রমাণিত। বিকাশকারীরা সত্যই স্বেচ্ছায় বেতন পাচ্ছে কারণ এতে উভয় পক্ষই লাভবান হয়।

সংস্থাগুলি ব্যয় ভাগ করে নেয় প্রযুক্তি সংস্থাগুলিতে শেষ পণ্যটির ব্যয় অপারেশন ব্যয়ের একটি খুব সামান্য অংশ। এখানে একটি exampleতিহাসিক উদাহরণ ওয়েবসারভার ser মাইক্রোসফ্ট ব্যতীত কেউ ওয়েবসভার বিক্রি করে না। ওয়েবসভারটি অনেক সংস্থার একটি প্রয়োজনীয় অংশ তবে এটি তাদের পণ্য নয়, তারা কেবল একটি ব্যবহার করে।

অ্যাপাচি ওয়েবসার্ভারটিই প্রথম এমন একটি সংস্থা দ্বারা উন্মুক্ত উত্স তৈরি করা হয়েছিল যার একটির প্রয়োজন ছিল এবং এটি বিকাশের বোঝা ভাগ করতে চেয়েছিল। পরের বছরগুলিতে আরও অনেকে যোগ দিয়েছিলেন এবং মাইক্রোসফ্টের কাছ থেকে সত্যিকারের মার্কেটशेअर খেয়ে সফ্টওয়্যারটি খুব সফল হয়েছিল। বর্তমানে প্রদত্ত ওয়েব-সার্ভারটি সংখ্যালঘু।

সংস্থাগুলির বেতনভুক্ত লোকেরা যে সফ্টওয়্যার লিখেছিল সেগুলি দেওয়া এই সংস্থাগুলির পক্ষে উপকারী কারণ তারা রক্ষণাবেক্ষণ ব্যয় ভাগ করে দেয়। তারা অবকাঠামোগত জন্য তাদের সামগ্রিক ব্যয় কমিয়ে দেয়।

যদি এই রক্ষণাবেক্ষণের দীর্ঘমেয়াদী ব্যয় কম হয় তবে সংস্থাগুলি প্রায়শই তাদের বিকাশকারীদের সময় ভাগ করে নেওয়ার সুবিধা দেখতে শিক্ষিত হতে পারে। পরের বছরে 100 ঘন্টা এড়ানোর জন্য আজ 10 ঘন্টা।

আপনার বেতনের উপর কিছু সময়ের জন্য বিকাশকারীকে রাখা সত্যিকারের অর্থের জন্য অফ-দ্য-শেল্ফ পণ্য কেনার সমান, তবে কিছু বৈশিষ্ট্য কার্যকর করার জন্য কিছু মাইক্রোসফ্টকে অর্থ প্রদানের পরিবর্তে আপনাকে ব্যয়ের একটি অংশের জন্য এটি যুক্ত করতে হবে। মনে রাখবেন, অবকাঠামো আপনার প্রধান পণ্য নয়। এটি আপনার নীচের লাইনের উপর একটি বোঝা মাত্র।

উপসংহার ডেভেলপাররা historতিহাসিকভাবে বিটকয়েন নগদ, এবং বিটকয়েনে এর আগে যোগদান করেছে, কোনও বিকাশকারী তহবিল না পেয়ে, বেতন-পরীক্ষার প্রতিশ্রুতি ছাড়াই।

প্রচুর লোক বিটকয়েন নগদে বিশ্বাস করে এবং তারা এতে সময় এবং অর্থ দেয়। বিকাশকারীরা বিকাশ করে, ধারকরা বিকাশকারীদের বেতন দেয়, সংস্থাগুলি বিকাশকারীদের ভাড়া নেয়। এবং এটি বিকাশকারীদের তুলনায় আরও বেশি দিকে যায়, এর মধ্যে বিজ্ঞাপনের পেমেন্টও অন্তর্ভুক্ত থাকে,বিজ্ঞাপন, স্পনসর মেটআপ ইত্যাদি

বিকাশকারীদের সক্রিয়ভাবে বিকাশ অব্যাহত রাখার জন্য অনেকগুলি কারণ রয়েছে এবং অর্থ একটি সমস্যা হয়ে দাঁড়িয়েছে যা আমাদের সমাধানের পর্যাপ্ত সুযোগ রয়েছে।

একটি পুরানো নিবন্ধের কথা উল্লেখ করে, স্বেচ্ছাসেবী নয় এমন যে কোনও তহবিল বাজার চালিত হয় না এবং বিটকয়েন ক্যাশের পক্ষে বিপদ, আমাদের যে সত্যিকারের বিকাশকারী ট্যাক্স (আইএফপি) দরকার তা পুরাপুরি ভিত্তিহীন এবং সত্যই ক্ষতিকারক বলে দেখানো হয়েছে।

মন্তব্য বন্ধ আমি ব্যক্তিগতভাবে 30 বছর ধরে একটি সফ্টওয়্যার বিকাশকারী হয়েছি। আমি বেশিরভাগ ওপেন সোর্স সংস্থাগুলিতে বা আমার অতিরিক্ত সময় ওপেন সোর্সে এর মধ্যে 20 টি করেছি, কয়েক ডজন প্রকল্পে আমার অবদান রয়েছে।

এই অভিজ্ঞতা থেকে আমি আমার ব্যক্তিগত পর্যবেক্ষণটি ভাগ করে নিতে চাই যে কোনও প্রকল্পে যোগদানকারী লোকদের মধ্যে একটি বড় পার্থক্য রয়েছে কারণ তারা এই বনাম লোক যারা এই কাজটি করে তাদের সময় ব্যয় করতে চায় কারণ তারা বেতনের উপর রয়েছে।

প্রকল্পের জন্য সঠিক কাজ করার আবেগ এবং ড্রাইভটি স্বেচ্ছাসেবী লোকেরা ওপেন সোর্স দিয়ে আরও শক্তিশালী। সহকর্মীদের বিরোধী হিসাবে আপনি একদল বন্ধু হয়ে যান। বিকাশকারীরা যারা যোগদান করে কারণ প্রকল্পে বিশ্বাসী তাদের ভাগ করা লক্ষ্যগুলি থেকে সরিয়ে নেওয়া আরও শক্ত। তারা প্রতিদ্বন্দ্বী দ্বারা ভাড়া নেওয়া প্রতিরোধ করে এবং সাধারণত বেতনভোগী লোকের চেয়ে বেশি মান তৈরি করে।

এটির সুবিধাটি অত্যুক্তি করা শক্ত। বিটকয়েন নগদ এর উপযোগিতা বৃদ্ধি নিজেই অর্থ প্রদান। একাধিক উপায়ে.

Article translated to Bengali sir. I hope you like it. Since there are alot of Bengali people here I decided to do this.

$ 0.00
3 years ago

This is so good!

Can you create a new post with your translation?

Your post will get views and that gives you points.

$ 0.00
3 years ago

https://read.cash/c/bitcoin-cash-e11c/post-b32209e6. Sir please this is the link to the post sir. Thank you

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3 years ago

Yes sir

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3 years ago

Subscribe me back plz

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3 years ago

Amazing informative article i like

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3 years ago

Very nice article.

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3 years ago

Wow this is great....I am a newbie plz help me have some views on my articles.. So that I will encouraged for write more🙂 also comment and like plz if you like my article🙂

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User's avatar Din
3 years ago

Thank You for Idea and Information you've shared to us!

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3 years ago

Interesting...

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3 years ago

Good information thank you

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3 years ago

Nice article

$ 0.01
3 years ago

This is an awesome post and I have to agree wit you, BCH suppose to be a fun blockchain, the devs who joined this task most did and continue do because believe in the project, the hours they got in free an remarkable and shows their commitment to the cause, the IFP is somehow killing that spirit on them and hurting the community development I believe that infrastructure need improvement but must be something consensual and that put BCH in another level on networks, thanks for this amazing post!

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3 years ago

Very up to date, a powerful piece about the BCH and crypto world, little wonder how this things work, the way to the future you've shown us, thank you boss

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3 years ago

Wow

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3 years ago

thats a nice articale.....i will sub..you...please sub me

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3 years ago

Good one bro

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3 years ago

This is nice post

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3 years ago

Good information sir thanks

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3 years ago

Great writing skills.. keep it up😉💮

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3 years ago

Good information, as the days pass reading articles about Cryptos I've learned step by step on how to save cryptos 😊

$ 0.00
3 years ago

Corrupt currency is a kinds of income system, i don’t know this.

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3 years ago

Thank your information

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3 years ago

Thanks for your kind information this project

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3 years ago

thanqq for iformation

$ 0.00
3 years ago

This is an awesome post and I have to agree wit you, BCH suppose to be a fun blockchain, the devs who joined this task most did and continue do because believe in the project, the hours they got in free an remarkable and shows their commitment to the cause, the IFP is somehow killing that spirit on them and hurting the community development I believe that infrastructure need improvement but must be something consensual and that put BCH in another level on networks, thanks for this amazing post!

$ 0.00
3 years ago

your information is very helpful. But i would like to know if there is any coin name cybercrackcoin.. Is it really exist?? i heard from one of my friend. if you know , let me know please I need to know it

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3 years ago

You've got a good info man. Keep it up.

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3 years ago

Thank you for the information.

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3 years ago

yes

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3 years ago

Pa subscribe po!

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3 years ago

Plz subscribe back me

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3 years ago

Nice article

$ 0.00
3 years ago

Sir can i also translate this too?

$ 0.00
3 years ago

Sir can i also translate this too?

You will make me happy if you translate this. Please create post with the translation and that means you get views and you get the points. Then reply when you have it so I can link to it.

$ 0.00
3 years ago

Okay sir. Thank you. I will tag you sir in the short post sir

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3 years ago

Awesome dear keep it share

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3 years ago

Great information about bitcoin cash👍

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3 years ago

Thanks for sharing this information

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3 years ago

I agree with you Bitcoin cash is easy to pay developers.

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3 years ago

Thanks for sharing with us informative Article Dear

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3 years ago

Nice

$ 0.00
3 years ago

খুব স্পষ্টভাবে আপনি আমাদের কাছে বিটকয়েন নগদ সম্পর্কে ব্যাখ্যা করুন। আমি আপনার নিবন্ধটি পুরোপুরি পড়েছি এবং বিটকয়েন নগদ সম্পর্কে কিছু নতুন জ্ঞান সংগ্রহ করি। কারণ আমি এই প্ল্যাটফর্মের একজন নবাগত। স্যার আমার জন্য প্রার্থনা করুন। '' বিভিন্নভাবে বিটকয়েন নগদে যোগদান করা একটি স্টার্টআপে যোগ দেওয়ার মতো। তারা প্রায়শই 9-5 অফিস সময় অনুসরণ করে না বা একটি বড় (মাসিক) মাসিক বেতন চেক দেয় না। পরিবর্তে বেতন স্টক বা বিকল্পের মধ্যে রয়েছে এবং মান বাড়ানোর জন্য আপনি যত বেশি পরিশ্রম করবেন আপনার স্টক তত বেশি মূল্যবান হবে '' আল্লাহ তোমার মঙ্গল করুক.

$ 0.00
3 years ago

great offer

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3 years ago

You are really an experienced man in this field. You are like a teacher for me. And I will follow you like a student to learn more from you .thanks a lot

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3 years ago

Nice

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3 years ago

Yes sir, i agree with you. I have been reading your article. This is very important to know for all guys. So thanks a lot for sharing your valuable information.

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3 years ago

Nice work, keep up👌

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3 years ago

The constraints should also be stated. My suggestion

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3 years ago

good article keep going

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3 years ago

Love this article, really helpful for my basic understanding

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3 years ago

Cool idea👌 Make some more❤️

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3 years ago

Thank u

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3 years ago

Nice article.. Very informative and knowledgeable about bitcoin cash.

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3 years ago

That sure is long article thank you for sharing your thoughts good work!.

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3 years ago

nice post subcribe me back sir

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3 years ago

Nice article

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3 years ago

You explain about bitcoin cash to us...your article is very nice..plz subscribe me

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3 years ago

Sir, your statement is very important in increasing currency development. Through this we will be able to be aware of various things through which our development will be very easy. Thank you so much sir.

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3 years ago

Very clearly you explain about Bitcoin cash to us. I read your article fully and gather some new knowledge about Bitcoin cash. Cause I am a newbie in this platform. pray for me sir. ''In many ways joining Bitcoin Cash is like joining a startup. They often don't follow 9-5 office hours or get a (big) monthly paycheck. Instead the pay is in stock or options and the harder you work to increase the value, the more valuable your stock will be.''' It was more motivated sir. May God bless you.

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3 years ago

Nice

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3 years ago

Nice article bro I love that

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3 years ago

We believe these types of Bitcoin infrastructure to provide an ... the drivers behind the recent growth of the cryptocurrency.

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3 years ago

nice article

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3 years ago

Yes I agree because Bitcoin cash is an easy way to pay developers.

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3 years ago

Great post. Please subscribe me.

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3 years ago

nice article thanks for sharing 😊

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3 years ago

Great post keep uploading about crypto we know more about it

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3 years ago

Yes Man

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3 years ago

Good artical,,thanks for shareing good informatio.

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3 years ago

Right now I am also learning about business in the crypto world, hopefully I can find out a little bit, one day I also want to create a blockchain-based project, because I think it will be good because it has more power to create freedom.

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3 years ago

I can’t understand that much about this topic. But I just want to share some of my knowledge about cryptocurrency. Some people may want to invest to coins which is really worth it. I am currently investing at tron which I myself could say that is a really good coin. Everyone can afford it. Transactions fees is super low. One penny per transaction is enough and no coin will be burnt. I know that it is a good thing that price of a certain crypto goes up because you will have a lot of money. The idea is everyone could move to crypto and as times passes by maybe almost all of these coins will go up really high in price except those coins that really have nothing new to offer in this world that would be so useful. I see a bright future to all of the crypto currency and hoping to move us into a decentralized ecosystem.

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3 years ago

I had been considering writing something similar, but hadn't gotten in depth on what I would write yet. We generally agree, but I was surprised you didn't include some discussion about Red Hat or Canonical (I'm sure they've both made major contributions to FOSS) or Oracle (who at least made major contributions to Open Office for a while, with the Libre Office fork coming about as things changed).

On the other hand, I was also considering that if mining companies continue to grow and each one has their own development team, it may only be a matter of time before there is a coin for every country. To be perfectly clear, this is NOT an argument for any currently or previously proposed IFP solution, but a potential concern for the future.

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3 years ago

Mining companies focus much more on mining software, which they already maintain and I'm sure there are about as many forks as there are bigger mining companies. This isn't really relevant for the rest of the Bitcoin Cash economy. Merchants have different needs, for instance. And the integration with financial software in general (think paycheck systems/etc) will have even other needs.

All those can cooperate on the lower layers, which is why we call it infrastructure.

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3 years ago

Certainly software forks don't matter so long as they agree on the protocol. I meant that different countries could end up with different protocols due to differing cultures and ideals (or regulation that corporate entities paying developers in said countries wish to follow). For instance, the IFP appears to be primarily a Chinese idea, and outside of the "Great Firewall," many might only make assumptions (that may stink of -ism in the future), for instance, that Chinese miners believe an IFP makes sense because they only "know" what their government wants them to.

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3 years ago

The basic fact of human nature means we'll have millions of possible chains. And we (= humanity) will iterate and try many of those. I am optimistic that the push for network effect, which real money has, is going to be the way to merge most of them into only a handful of coins. Naturally, this implies adoption for real money usecases, which is my first priority.

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3 years ago

Surprisingly good article, the highlights being:

  • Bitcoin Cash ownership is like stock and working on the coin increases the share-price.

  • Holders want to fund devs.

  • joining Bitcoin Cash is like joining a startup. They often don't follow 9-5 office hours or get a (big) monthly paycheck. Instead the pay is in stock or options

However this conclusion is baseless:

  • funding that is not voluntary is not market driven and is a danger to Bitcoin Cash, the myth that we actually need a developer tax (IFP) is shown to be completely unfounded and indeed damaging.
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3 years ago

The conclusion you highlight is based on the artument linked. Here is the link again:

https://read.cash/@TomZ/mythbusting-we-need-a-developer-fund-3e0d7f20

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3 years ago

Yes, I've read that. It is arguing against a straw man - custodial foundation middleman. And in no way takes on the free rider problem for instance. https://read.cash/@tula_s/flipstarter-vs-ifp-b0a9915f

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3 years ago

Perfect!

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3 years ago

We should also not forget a perhaps most successful open source project - linux

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3 years ago

not the same thing at all, you cant buy shares of linux

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3 years ago

Love this article,keep posting!

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3 years ago

Okk

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3 years ago

There are people who believe that they are not paid, but in the end, they have the satisfaction of being part of a certain project, and this is where the profits are obtained, without knowing it from a project in which they participate, and that's the way it is, working because They like it, they don't need to be paid.

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3 years ago

Nice writeup. And while I agreed that the open source incentive model has been working well for decades, I can also see proprietary software companies also foster very well, Microsoft, Apple... In fact, they are attracting quite a lot of talents in IT space. So why can't we have both? Some developers are very talented with great coding skills, but they do not have the social skills to pull up some sponsorship or writing skills for fund raising, or simply they are not interested in that. Having a model that can support both types of developers would help BCH to attract talents of both worlds, Open source voluntary developers and developers who need to feed their basic needs. The users will be able to choose which ever product suit their needs, and eventually if the market decides on "free" products, then the "licensed" ones will die out or have to work harder to compete. There is nothing to lose.

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3 years ago

Having a model that can support both types of developers

This is why the article specifically includes companies.

People can obviously still get hired by a company which uses the fact that Bitcoin Cash is very exciting and may become profitable to hire good people.

Nothing has changed there.

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3 years ago

This contain is helpful for infrastructure , ensure income, I will trying this way. My need to know all of that point. Thanks TomZ.

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3 years ago

Good points!

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3 years ago

Yeah you are righ. 💖 Exercise is very essential for all of us.😍😍

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3 years ago

Cool idea❤️ Nice work👌

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3 years ago

Yea make more articles and more discuss.

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3 years ago

I am new to crypto currency.I don't know where to get started

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3 years ago

You make some great points!Agreed that the open source incentive model has been working well for decades, I can also see proprietary software companies also foster very well, Microsoft, Apple..Ideally, I think BCH wants to be a 'decentralized federation' project model. . In fact, they are attracting quite a lot of talents in IT space. So why can't we have both? We should also not forget a perhaps most successful open source project - linux

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3 years ago

@wow nice photography. It is just best photo see.it is so good photo.

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3 years ago