Thoughts on the dev fund proposal

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Avatar for tibanne
4 years ago

I'm all for trying to get money to devs. Many chaintips have gone to Amaury and others for their amazing contributions, and every time they do, I'm happy about it.

However, the proposed dev fund initially strikes me as a bad idea considering that a fund with centralised control is created reducing the decentralised nature of BCH.

If I'm not mistaken, if slightly more than 51% of the miners want this, it may get through but with a large danger to split the community... again.

If more (say closer to 75%) of the miners support this then just ante up the cash and leave the protocol alone. Who cares if 25% leech? The devs are still going to get 75% of what they would have if the change got forced through. An additional plus (on top of not having to change the protocol), the 75% actually get to individually assign where they think their capital should go and not some group outside their control.

Am I missing something? Is it difficult to coordinate this without introducing a protocol change?

We can sticky a thread on r/btc where devs who would like funding for their work/ future work, describe, and the miners who want to support them can tip them them publicly. People can see how much has been contributed to each. I'm not saying that this will work for sure, but it should at least be tried before this more drastic proposal.

Forcing the giving to be public will, IMO, make it more likely that all who agree to this donation effort actually give and don't back out. If someone is seen not to be giving publicly then they will be known not to be giving even though they have agreed to it. Chaintip could be used to record the giving publicly.

2
$ 0.76
$ 0.25 from @Read.Cash
$ 0.25 from @majamalu
$ 0.25 from @nyusternie
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