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    BTC How much should jtoomim ask for in his flipstarter?

    August 21, 2020

    BTC How much should jtoomim ask for in his flipstarter?

    How much should jtoomim ask for in his flipstarter?

    Posted: 20 Aug 2020 09:44 PM PDT

    People have been offering me jobs or encouraging me to run a flipstarter for a while now. I figure maybe I should go ahead and do one to shut them up. I prefer to raise my own money because I value my independence and intellectual freedom. I tend to be more productive when I'm able to choose which projects I work on. But I don't really know how much I should try to raise. What do you guys think I should set as the goal?

    I'm planning on working on BCH full time for the next 3 months. I intend to work on projects like:

    1. Getting Xthinner fully specified, into some full nodes and widely deployed
    2. Getting Blocktorrent-TCP to the functional prototype state
    3. Building better regtest benchmarking systems for stress tests, like my planet-on-a-LAN remote_stress system (currently about 80% complete)
    4. Getting testnet4 and scalenet running (this shouldn't take much longer)
    5. Implementing my anti-reorg algorithm (see also my simulator)
    6. Continuing to support aserti3-2d deployment
    7. Fixing the chained tx limit issue in nodes that still have it
    8. Parallelizing code and addressing the LOCK(cs_main); issue in nodes other than BU
    9. Writing a new UTXO database and/or cache system -- ideally, one that uses copy-on-write semantics to allow for snapshotting and multiple simultaneous chaintips, uses atomic operations instead of locks to allow for concurrent operation, one which can be used to quickly compute UTXO commitments, and one that can work with memory-mapped IO or which uses a format that works about as well in RAM as on SSD (note to self: check out Flowee's system to see if it is sufficient)
    10. Porting this UTXO db code plus the script execution and transaction validation code to OpenCL, because I think it would be kinda neat to be able to fully validate the blockchain in about 10 minutes on a 1080 Ti.

    Three months is probably only enough time to check a few things off of that list, and I'll also probably end up working on some things not on that list, but this might give you an idea of my intentions and ambitions.

    submitted by /u/jtoomim
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    PSA: This community pays developers who have good attitudes.

    Posted: 20 Aug 2020 01:39 PM PDT

    We shouldn't pay those with bad attitudes.

    submitted by /u/MemoryDealers
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    There is no split in November. Let's call it like it is, Amaury is choosing to create his own (forked) coin that pays one address 8% of mined funds. In that sense, it is similar to ZClassic, Bitcoin Gold or Bitcoin Candy

    Posted: 20 Aug 2020 09:14 AM PDT

    Bitcoin Amaury Vision: A Peer-to-Amaury Electronic Tax system

    Posted: 20 Aug 2020 11:38 PM PDT

    Unpopular Opinion? This place is so much nicer to scroll through and read without Egon's spam.

    Posted: 20 Aug 2020 02:43 PM PDT

    The IFP would make ABC a private centralized blockchain

    Posted: 21 Aug 2020 02:08 AM PDT

    Instead of securing voluntary funding based on what they actually deliver, ABC arbitrarily redistributing miners' rewards to themselves as guaranteed income would make it a central planning agency akin to a government monopoly. Such a monopoly would have reduced incentives to be efficient and write good code, because its income would not depend on its performance and there'd be reduced competition from other developers that it doesn't whitelist for funding from its coffers. Thus the IFP would lead to development stagnation.

    Of course, investors can leave, and so there is some market price incentive to keep development going -- but Amaury himself said he doesn't care if the price crashes so long as he gets some guaranteed income as opposed to none (like a government still gets its taxes even if it strangles the economy). Besides, since he would have full centralized control, he could easily make the 'tax' more than 8% going forward.

    As for miners, as many others have said, less monetary incentives for them means lower hashrate, less security, but also higher miner monopolization, as smaller miners are less able to absorb the 'tax' and stay profitable. (This kind of monopolization also happens with government taxation because large corporations can afford to lose more to taxation than small businesses).

    ​

    Bitcoin is supposed to be a decentralized, competitive system to prevent a single point of failure that would leave it exposed to capture and attack by governments and other hostile entities, or simply incompetent developers. The solution is multiple implementations that compete for adoption and funding. That crucial market mechanism is exactly what the IFP breaks.

    I again urge everyone involved in this plan to reconsider, to avoid breaking Bitcoin's decentralized nature and to prevent another messy fork.

    I apologize if some of the phrasing is awkward, it's not my native language.

    submitted by /u/weepingswords
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    Using ABC's Logic for the IFP

    Posted: 20 Aug 2020 01:35 PM PDT

    Imagine if Jeff Bezos created a website that could only serve 200,000 people per day, had lengthy & unpredictable delays, and charged astronomical fees for each transaction — all for a service which could be found elsewhere for cheaper, faster, more reliable, and free.

    Posted: 20 Aug 2020 10:58 AM PDT

    $1,000,000 in 5 months. Stakeholders continue to invest in the commons using Flipstarter. Also, how to get new features implemented!

    Posted: 20 Aug 2020 07:55 PM PDT

    Bitcoin Cash is a lifestyle.

    Posted: 20 Aug 2020 07:21 PM PDT

    Flipstarter campaign gameflame.cash is now 51% funded.

    Posted: 21 Aug 2020 02:01 AM PDT

    I hope it get fully funded soon, for proof of concept I launched a demo game, got sponsor for prize and built it without any coding background . I know for sure with the help of community I can Successfully make this experiment one of the most progressive platform.
    https://www.reddit.com/r/btc/comments/icrka8/announcing_flipstartergameflamecash/

    submitted by /u/ralaks
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    venezuelaworkers.com got 30% funded! Help us reach 100% to make possible a better platform for Venezuelans to earn Bitcoin Cash (BCH)!

    Posted: 20 Aug 2020 04:58 PM PDT

    Check our funding site at

    https://flipstarter.venezuelaworkers.net

    We are aiming to get funded to offer a better platform with more tools for employers and workers. Our main objective is to allow Venezuelans to get wages in Bitcoin Cash, by creating a place they can seek jobs and task paid in BCH.

    Want to post a job now? You can try! Over 200 Venezuelans are looking today. From professional to a small task, you can offer any job you need for your company or project.

    Venezuelaworkers.com

    Help us achieve our goal, for more adoption opportunities. I respond any question below about us. Flipstarter link has all details on money management, expenses and transparency ✌🏻🙂.

    submitted by /u/oscar_salas93
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    Someone should combine a flipstarter with an ICO

    Posted: 20 Aug 2020 01:24 PM PDT

    Just pay all the contributors SLP tokens in proportion to their Flipstarter contribution..

    submitted by /u/MemoryDealers
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    BU Podcast - Andrew Stone's Vision for BCH

    Posted: 20 Aug 2020 12:33 PM PDT

    Critical vulnerabilities in Wasabi Wallet CoinJoin

    Posted: 20 Aug 2020 12:16 PM PDT

    60% of Bitcoin Cash miners have already signalled that they are for BCHN and against the IFP which will direct 8% of block rewards to Bitcoin ABC developers.

    Posted: 20 Aug 2020 09:57 AM PDT

    If there is a split, the minority hash coin is destined for irrelevance.

    Better for Amaury to compromise now, and work together with the majority of BCH developers, not as a leader, but as a developer that has to convince others in the community before implementing any controversial changes.

    We need all exchanges to use BCHN and not support any minority hash coins. If you want to help move things forward in a positive way for BitcoinCash, contact your exchange and let them know your views.

    submitted by /u/bitcoineo
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    How YOU Contribute to a Bitcoin Cash Flipstarter - Let's show that voluntary funding works!

    Posted: 20 Aug 2020 04:45 PM PDT

    You can now buy blockchain domains on the Bitcoin.com app!

    Posted: 20 Aug 2020 03:20 PM PDT

    The IFP would lead to devs spending all day politicking for a share of the money rather than actually building useful tools for the world. #NOIFP

    Posted: 20 Aug 2020 06:02 AM PDT

    BCH Latam Jul 2020 Activity Report

    Posted: 20 Aug 2020 05:01 PM PDT

    Who would you choose?

    Posted: 21 Aug 2020 01:06 AM PDT

    BCHN signaling blocks passes 20% of the last 1000 Blocks

    Posted: 20 Aug 2020 12:30 PM PDT

    New User! thanks to ErdoganTalk tipping me

    Posted: 20 Aug 2020 02:44 PM PDT

    so am new to this how can I earn bit coin? and how can help people with it?

    submitted by /u/NotUIk
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    Don't forget about us :)

    Posted: 20 Aug 2020 02:05 PM PDT

    Double Spend Proofs, phase 2

    Posted: 20 Aug 2020 04:39 AM PDT
    Read more
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