Superblock 561600 Final Proposals
+6
-808-
Philipmarshall
Dungor
cryptoved
86b
josep
10 posters
- 86b
- Posts : 11
Join date : 2017-09-25
UAT, QA, and Support Team Proposal
Sat Aug 25, 2018 4:01 pm
Proposal: UAT-QA-Team-561600
Team consists of 86b, aderks, and Fattox
Responsibilities and Tasks:
Total: 760 BLOCK
Vote from 5000 BLOCK Client:
Vote from Service Node Client:
Team consists of 86b, aderks, and Fattox
Responsibilities and Tasks:
- Support services
- Integration strategy
- Product analysis
- Bug reporting, error tracking, and logging
- Collaboration with other projects and teams
- New coin integration, confirming, and corresponding QA
- Genesis testing
- Exploit checks
- Brand lead assistance with marketing and SMT initiatives
- Communicating with partners and project delegates
- XRouter testing and QA
- Block DX UI QA
- Wallet release QA
- Auto configuration testing and QA
Total: 760 BLOCK
Vote from 5000 BLOCK Client:
- Code:
UAT-QA-Team-561600
mnbudget vote-many a59708ee84b59f4c7d33d5a2959f7c3e20e9f856355c89c2d4a581d8c5a675a0 yes/no
Vote from Service Node Client:
- Code:
UAT-QA-Team-561600
mnbudget vote a59708ee84b59f4c7d33d5a2959f7c3e20e9f856355c89c2d4a581d8c5a675a0 yes/no
- cryptoved
- Posts : 8
Join date : 2018-07-29
Proposal: Marketing - Social Media Manager/Brand Lead (cryptoved)
Sat Aug 25, 2018 8:42 pm
Proposal: marketing-cryptoved
• Social Media Content Curation (contribute posts on Twitter, Facebook, Facebook Group, Instagram and other social media)
• Collaboration & Editing of Current and Upcoming Articles
• Collaborating on Current & Upcoming Marketing Initiatives with the Marketing Team (strategies, advertisements, content, etc.)
• Brand Lead (Collaborate, oversee, coordinate & train social media teams; oversee Blocknet brand messaging along with other Brand Leads)
Cost Assessment:
A fixed amount of 260 BLOCK (calculated at 25 hours/week, $6.88 current 30-day M.A. Note: I plan to hard-cap the amount at 250 BLOCK while we are currently at this low of a BLOCK moving average, as our priority should be funding ongoing development.)
Total: 260 BLOCK from Superblock (250 + 10 BLOCK proposal fee)
If this proposal passes but is bumped from the Superblock due to there not being enough room, this will be paid out from the Marketing Fund.
To vote:
mnbudget vote bdef3210bb9da34efad33e1f1d63c8cf5d26add854ce6f6becce0101e5744de1 yes/no
• Social Media Content Curation (contribute posts on Twitter, Facebook, Facebook Group, Instagram and other social media)
• Collaboration & Editing of Current and Upcoming Articles
• Collaborating on Current & Upcoming Marketing Initiatives with the Marketing Team (strategies, advertisements, content, etc.)
• Brand Lead (Collaborate, oversee, coordinate & train social media teams; oversee Blocknet brand messaging along with other Brand Leads)
Cost Assessment:
A fixed amount of 260 BLOCK (calculated at 25 hours/week, $6.88 current 30-day M.A. Note: I plan to hard-cap the amount at 250 BLOCK while we are currently at this low of a BLOCK moving average, as our priority should be funding ongoing development.)
Total: 260 BLOCK from Superblock (250 + 10 BLOCK proposal fee)
If this proposal passes but is bumped from the Superblock due to there not being enough room, this will be paid out from the Marketing Fund.
To vote:
mnbudget vote bdef3210bb9da34efad33e1f1d63c8cf5d26add854ce6f6becce0101e5744de1 yes/no
- Dungor
- Posts : 4
Join date : 2018-08-26
Location : Denmark
Re: Superblock 561600 Final Proposals
Sun Aug 26, 2018 4:32 pm
Proposal: ProcessGovernance
With contribution from Fattox and other team members
https :// drive .google. com/ open?id=1zuHIm6frCGDNmPf_d_2j8e-GYyG75s4koupVpqzgS0M
This Proposal aims to introduce a more structured approach to the governance of Blocknet.
Version 1 includes:
• A document outlining the purpose a new governance structure.
• Process diagrams for the Proposal and Voting process.
• Process diagram for how this governance will be maintained by future SuperBlock votes
• A simplified Role Tier
• A lot of empty headlines that others can create proposals to fill, and that I will continue to work on.
Diagrams are best viewed in the Draw.io file linked to from within the document. This file also include draft models of other governance related work.
My initial intent was to submit a complete governance model for Blocknet, but the need is now so apparent that others has started to work on the same, so better submit this now to avoid double work.
If this proposal is accepted by vote the team is expected to host the document on GitHub. It will be a version 1.1 that will be added to GitHub, allowing for small corrections before it's set in stone.
Cost Assessment:
10 BLOCK to cover the fees of submitting the proposal.
To vote:
mnbudget vote 5e1b1f996cb1eec7e25c5c7760ae76ee9c34f4add66fa41ef842e7e47d4be3da yes/no
With contribution from Fattox and other team members
https :// drive .google. com/ open?id=1zuHIm6frCGDNmPf_d_2j8e-GYyG75s4koupVpqzgS0M
This Proposal aims to introduce a more structured approach to the governance of Blocknet.
Version 1 includes:
• A document outlining the purpose a new governance structure.
• Process diagrams for the Proposal and Voting process.
• Process diagram for how this governance will be maintained by future SuperBlock votes
• A simplified Role Tier
• A lot of empty headlines that others can create proposals to fill, and that I will continue to work on.
Diagrams are best viewed in the Draw.io file linked to from within the document. This file also include draft models of other governance related work.
My initial intent was to submit a complete governance model for Blocknet, but the need is now so apparent that others has started to work on the same, so better submit this now to avoid double work.
If this proposal is accepted by vote the team is expected to host the document on GitHub. It will be a version 1.1 that will be added to GitHub, allowing for small corrections before it's set in stone.
Cost Assessment:
10 BLOCK to cover the fees of submitting the proposal.
To vote:
mnbudget vote 5e1b1f996cb1eec7e25c5c7760ae76ee9c34f4add66fa41ef842e7e47d4be3da yes/no
- Philipmarshall
- Posts : 10
Join date : 2017-09-22
Re: Superblock 561600 Final Proposals
Tue Aug 28, 2018 9:40 am
Proposal: Social Coordinator (Philip Marshall)
* Maintain the social media profile of Blocknet on Facebook, Twitter, Reddit, BTCTalk, Youtube, Medium, Steemit and other platforms.
* As a brand co-lead, manage and train the social media team.
* Ensure communications from the developers and marketing team can be transmitted in a clear and timely manner to the community.
* Respond to the community.
* Compile and write regular newsletter, write and contribute to articles on all platforms and continue to contribute to various marketing materials and initiatives.
* Manage, source, correspond and coordinate payments to news and media outlets.
Cost Assessment:
1 BLOCK per hour / 4 hours per day.
A fixed amount of 115 BLOCK (plus 10 BLOCK fee)
Total: 125 BLOCK from Superblock
If this proposal passes but is bumped from the Superblock due to there not being enough room, this will be paid out from the Marketing Fund.
To vote:
Social_Coordinator
Vote from 5000 BLOCK Client:
Vote from Service Node Client:
* Maintain the social media profile of Blocknet on Facebook, Twitter, Reddit, BTCTalk, Youtube, Medium, Steemit and other platforms.
* As a brand co-lead, manage and train the social media team.
* Ensure communications from the developers and marketing team can be transmitted in a clear and timely manner to the community.
* Respond to the community.
* Compile and write regular newsletter, write and contribute to articles on all platforms and continue to contribute to various marketing materials and initiatives.
* Manage, source, correspond and coordinate payments to news and media outlets.
Cost Assessment:
1 BLOCK per hour / 4 hours per day.
A fixed amount of 115 BLOCK (plus 10 BLOCK fee)
Total: 125 BLOCK from Superblock
If this proposal passes but is bumped from the Superblock due to there not being enough room, this will be paid out from the Marketing Fund.
To vote:
Social_Coordinator
Vote from 5000 BLOCK Client:
- Code:
mnbudget vote-many 8338b00dd6f6b8207f24cbd3daf9b5b8d5d0c224804d813358771450acfe8e95 yes/no
Vote from Service Node Client:
- Code:
mnbudget vote 8338b00dd6f6b8207f24cbd3daf9b5b8d5d0c224804d813358771450acfe8e95 yes/no
- josep
- Posts : 26
Join date : 2017-10-22
Re: Superblock 561600 Final Proposals
Tue Aug 28, 2018 10:45 pm
-
- Dungor
- Posts : 4
Join date : 2018-08-26
Location : Denmark
Re: Superblock 561600 Final Proposals
Wed Aug 29, 2018 3:12 am
StrategyGroup
- Mandate the strategy group. Add remove users by Superblock vote.
- Introduce the roles 'Community strategic advisor' & 'Strategy group member'.
- Populate the group with current memberlist.
I have been an advisor to Blocknet before it was born in the XC-Think-Tank group. I apply a business mindset to Blocknet and I guide both the community and the elected group of contributors.
I have a private channel in Discord called strategy. This channel allows us to discuss things without it being public. Sometimes it's internal arguments, sometimes it's leads for potential partnerships, sometimes a member would like input to their work. Most of the time it's me posting topics and material in attempt to influence the overall direction of the project.
Often discussions that are born in the strategy channel moves to the public channel. It's a common mindset that discussions should be kept as public as possible in the name of decentralization.
Current roles:
-Community strategic advisor:
- Members of title:
- Dungor - Business mindset
- N/A - Technology trend mindset
- N/A - Exchange/Broker mindset
- N/A - Academic research mindset
- Description:
- There can be several strategic advisors. Historically this has been an unpaid position but in the future if we bring in scholars or IT-industry CxO's as advisors we could pay them. Primarily guards around the strategic principles of Blocknet. Approaches Blocknet from a specified angle. In a conflict of interest a strategic advisor should advice for the benefit of service nodes above any other stakeholder.
-Strategic group member:
- Members of title:
- Fattox
- Shane
- 86B
- 808
- ATCSecure
- Hanniabu
- Michael
- Philip Marshall
- Synechist
- Description:
- Ideally all members that are official members through receiving SuperBlock payment should automatically be made a member of the strategy group. This membership should follow whether they are being paid or not. It should be possible to get voted in by SuperBlock proposal. Such membership will last until voted out. While membership follows paid positions the membership role of this group is in itself unpaid.
Vote outcome
If yes, the group continues, roles will be in effect until voted down.
If no, the group is dismantled and Dungor's role as community strategic advisor stripped.
mnbudget vote 0d56e5b9b9fa4c53d25a038860d99bcab2a5166aff1bf25d84a5a70216ab13d6 yes/no/abstain
- Mandate the strategy group. Add remove users by Superblock vote.
- Introduce the roles 'Community strategic advisor' & 'Strategy group member'.
- Populate the group with current memberlist.
I have been an advisor to Blocknet before it was born in the XC-Think-Tank group. I apply a business mindset to Blocknet and I guide both the community and the elected group of contributors.
I have a private channel in Discord called strategy. This channel allows us to discuss things without it being public. Sometimes it's internal arguments, sometimes it's leads for potential partnerships, sometimes a member would like input to their work. Most of the time it's me posting topics and material in attempt to influence the overall direction of the project.
Often discussions that are born in the strategy channel moves to the public channel. It's a common mindset that discussions should be kept as public as possible in the name of decentralization.
Current roles:
-Community strategic advisor:
- Members of title:
- Dungor - Business mindset
- N/A - Technology trend mindset
- N/A - Exchange/Broker mindset
- N/A - Academic research mindset
- Description:
- There can be several strategic advisors. Historically this has been an unpaid position but in the future if we bring in scholars or IT-industry CxO's as advisors we could pay them. Primarily guards around the strategic principles of Blocknet. Approaches Blocknet from a specified angle. In a conflict of interest a strategic advisor should advice for the benefit of service nodes above any other stakeholder.
-Strategic group member:
- Members of title:
- Fattox
- Shane
- 86B
- 808
- ATCSecure
- Hanniabu
- Michael
- Philip Marshall
- Synechist
- Description:
- Ideally all members that are official members through receiving SuperBlock payment should automatically be made a member of the strategy group. This membership should follow whether they are being paid or not. It should be possible to get voted in by SuperBlock proposal. Such membership will last until voted out. While membership follows paid positions the membership role of this group is in itself unpaid.
Vote outcome
If yes, the group continues, roles will be in effect until voted down.
If no, the group is dismantled and Dungor's role as community strategic advisor stripped.
mnbudget vote 0d56e5b9b9fa4c53d25a038860d99bcab2a5166aff1bf25d84a5a70216ab13d6 yes/no/abstain
- -808-
- Posts : 4
Join date : 2018-08-23
Proposal: Part-time position as Art Director for @808 / Bob.
Wed Aug 29, 2018 4:13 am
Blocknet proposal - art_director_808:
Part-time position as Art Director for @808 / Bob.
Please see http s: // goo.gl/ vaZ6Th for the full proposal (*manually remove spaces in the URL)
Role description and responsibilities:
@808 / Bob as Art Director, will take lead on overseeing and creating Blocknet visuals and design. In particular, Bob will work closely with other team members to find the best solutions for Blocknet’s visuals needs. This entails taking responsibility of the overall visual appearance of Blocknet and how it communicates visually, stimulates moods, contrasts features, and psychologically appeals to a target audience. Bob is given a task and figures out the visual elements, what artistic style to use, and when to use motion, stills or other means of expression.
Past contribution:
I started working for the Blocknet in December 2017 by creating the Blocknet Introduction video. This led to further collaboration as a vendor to the project.
The visuals and designs developed for the introduction movie and the designs from VSA are the foundation of what has been the visual style of the Blocknet brand today.
I have been responsible for the creation of all visuals for Blocknet.
Besides producing media, I’ve been part of Blocknet brand leads, consisting of myself, Shane, PhilipMarshall, Cryptoved and Fattox.
Goals for Q3:
Primary task for September will be to provide the social media teams a media/template library for them to create content. Templates and the media library are going to allow the social media teams to put together quick designs. It helps maintain the level of quality required and reduces cost and time to produce content.
This library will consist of templates for;
• Announcements
• Promotional visuals
• Quotes
• Market News
• Feature lists
• Comparison charts
• Events
• Block DX facts
• Block DX application submitted
• Block DX listings
Cost Assessment:
Total 590 BLOCK (including 10 BLOCK submission fee)
(20 hours per week / $6.90 BLOCK = $4k/mo)
If this proposal passes but is bumped from the Superblock due to there not being enough room, this will be paid out from the Marketing Fund.
Vote from 5000 BLOCK Client:
Vote from Service Node Client:
Part-time position as Art Director for @808 / Bob.
Please see http s: // goo.gl/ vaZ6Th for the full proposal (*manually remove spaces in the URL)
Role description and responsibilities:
@808 / Bob as Art Director, will take lead on overseeing and creating Blocknet visuals and design. In particular, Bob will work closely with other team members to find the best solutions for Blocknet’s visuals needs. This entails taking responsibility of the overall visual appearance of Blocknet and how it communicates visually, stimulates moods, contrasts features, and psychologically appeals to a target audience. Bob is given a task and figures out the visual elements, what artistic style to use, and when to use motion, stills or other means of expression.
Past contribution:
I started working for the Blocknet in December 2017 by creating the Blocknet Introduction video. This led to further collaboration as a vendor to the project.
The visuals and designs developed for the introduction movie and the designs from VSA are the foundation of what has been the visual style of the Blocknet brand today.
I have been responsible for the creation of all visuals for Blocknet.
Besides producing media, I’ve been part of Blocknet brand leads, consisting of myself, Shane, PhilipMarshall, Cryptoved and Fattox.
Goals for Q3:
Primary task for September will be to provide the social media teams a media/template library for them to create content. Templates and the media library are going to allow the social media teams to put together quick designs. It helps maintain the level of quality required and reduces cost and time to produce content.
This library will consist of templates for;
• Announcements
• Promotional visuals
• Quotes
• Market News
• Feature lists
• Comparison charts
• Events
• Block DX facts
• Block DX application submitted
• Block DX listings
Cost Assessment:
Total 590 BLOCK (including 10 BLOCK submission fee)
(20 hours per week / $6.90 BLOCK = $4k/mo)
If this proposal passes but is bumped from the Superblock due to there not being enough room, this will be paid out from the Marketing Fund.
Vote from 5000 BLOCK Client:
- Code:
mnbudget vote-many 482f04a6959092334b0006aabd92cdd5eeec58e481dd3cd156b6676de8249193 yes/no
Vote from Service Node Client:
- Code:
mnbudget vote 482f04a6959092334b0006aabd92cdd5eeec58e481dd3cd156b6676de8249193 yes/no
- atcsecure
- Posts : 11
Join date : 2018-08-29
Re: Superblock 561600 Final Proposals
Wed Aug 29, 2018 9:17 am
Blocknet proposal: atc-sb-561600
##Role description and responsibilities:
- XRouter development (juan) $9k USD for the month
-- XR improvements/debugging/support
-- finish XR SPV
-- implement XR Fee payments
##Cost Assessment:
- 1010 Block (including 10 block submission fee)
##Proposal Hash:
- c028db6adb2de1d18595a9fddc674c3a7b75d8ccad000e5f6f4e5f6a3b82e5f6
##Vote:
- mnbudget vote c028db6adb2de1d18595a9fddc674c3a7b75d8ccad000e5f6f4e5f6a3b82e5f6 {yes|no}
##Role description and responsibilities:
- XRouter development (juan) $9k USD for the month
-- XR improvements/debugging/support
-- finish XR SPV
-- implement XR Fee payments
##Cost Assessment:
- 1010 Block (including 10 block submission fee)
##Proposal Hash:
- c028db6adb2de1d18595a9fddc674c3a7b75d8ccad000e5f6f4e5f6a3b82e5f6
##Vote:
- mnbudget vote c028db6adb2de1d18595a9fddc674c3a7b75d8ccad000e5f6f4e5f6a3b82e5f6 {yes|no}
- -shane-
- Posts : 5
Join date : 2018-07-30
Proposal: MarketingLead-shane
Wed Aug 29, 2018 4:20 pm
Role overview
* Lead team efforts in executing marketing strategies
* Manage design, copywrite, and web development vendors
* Uphold Brand Guidelines and uniform messaging
* Build relationships with every project Blocknet supports
* Handle daily marketing & administrative responsibilities
* Oversee and assist community based marketing initiatives
* Take on creative tasks that include writing, design, and media production
September Goals
- Create Blocknet Videos
- Expand article workflow to enable greater throughput
- Onboard community members for website translations
- Launch new "Press Info" webpage
- Continue web development of Coin Portals and community tools
- Lay groundwork for Q4 Marketing Plan
Total: 1010 BLOCK from Superblock (BLOCK @ $6.00)
If this proposal passes but is bumped from the Superblock due to there not being enough room, this will be paid out from the Marketing Fund.
To vote:
mnbudget vote 78b8c6e47b583c99bfc451a78e8b220ee1d338d685fb2d2debfc4d68f1ef55fe yes/no
* Lead team efforts in executing marketing strategies
* Manage design, copywrite, and web development vendors
* Uphold Brand Guidelines and uniform messaging
* Build relationships with every project Blocknet supports
* Handle daily marketing & administrative responsibilities
* Oversee and assist community based marketing initiatives
* Take on creative tasks that include writing, design, and media production
September Goals
- Create Blocknet Videos
- Expand article workflow to enable greater throughput
- Onboard community members for website translations
- Launch new "Press Info" webpage
- Continue web development of Coin Portals and community tools
- Lay groundwork for Q4 Marketing Plan
Total: 1010 BLOCK from Superblock (BLOCK @ $6.00)
If this proposal passes but is bumped from the Superblock due to there not being enough room, this will be paid out from the Marketing Fund.
To vote:
mnbudget vote 78b8c6e47b583c99bfc451a78e8b220ee1d338d685fb2d2debfc4d68f1ef55fe yes/no
- michael-blk
- Posts : 16
Join date : 2018-07-30
Proposal: Core Development
Wed Aug 29, 2018 9:14 pm
Proposal: michael-dev-sb561600
To vote:
Tasks for September:
Trade History UI
The trade history API is complete and we'll be integrating this into the Block DX electron app in September. You'll be able to see the long awaited chart for orders that were conducted on the DX. I am leading the development on this feature.
DX BTC Pricing
Block DX will have the ability to display prices in terms of BTC similar to the experience seen in centralized exchanges. I am architecting this and leading the development.
XRouter
I will be responsible for XWallets integration in addition to code reviewing XRouter dev commits.
XBridge
I am code reviewing all XBridge related features and bug fixes.
Wallet Redesign
I am leading the development effort for these remaining Wallet Redesign items:
- Transaction History
- Address screens
- Settings screen
- Tools Debug Console
- Tools Peers List
- Tools BIP38
- Tools Wallet Repair
- General Info Popups
- Coin control address integration
- Create Proposal integration
Block DX Auto-updater
I am leading the development of the auto-updater in that we hope to launch in September. This requires code signing, so it may not make it in, but it's something we're working on. This allows Block DX users to update to newer versions without manually downloading files from Github.
Automated Build System
I have created a Gitlab automated build system for both Block DX and the Blocknet wallet that allows our QA team to more efficiently test the development teams' work. This is a public system, and anyone in the community can also download and help test these builds. Please reach out to hanniabu for more information.
Bug fixes
I will continue doing bug fixes and integration work in support of the August/September roadmap.
Total: 2100 BLOCK
Requested amount from the Superblock. The payment will be made out of the community funds if the proposal passes but is bumped.
To vote:
- Code:
mnbudget vote d56d9dbe69e82c46d99bb587f741df71b6674e532642f289619fde151e10d6f2 yes/no
Tasks for September:
Trade History UI
The trade history API is complete and we'll be integrating this into the Block DX electron app in September. You'll be able to see the long awaited chart for orders that were conducted on the DX. I am leading the development on this feature.
DX BTC Pricing
Block DX will have the ability to display prices in terms of BTC similar to the experience seen in centralized exchanges. I am architecting this and leading the development.
XRouter
I will be responsible for XWallets integration in addition to code reviewing XRouter dev commits.
XBridge
I am code reviewing all XBridge related features and bug fixes.
Wallet Redesign
I am leading the development effort for these remaining Wallet Redesign items:
- Transaction History
- Address screens
- Settings screen
- Tools Debug Console
- Tools Peers List
- Tools BIP38
- Tools Wallet Repair
- General Info Popups
- Coin control address integration
- Create Proposal integration
Block DX Auto-updater
I am leading the development of the auto-updater in that we hope to launch in September. This requires code signing, so it may not make it in, but it's something we're working on. This allows Block DX users to update to newer versions without manually downloading files from Github.
Automated Build System
I have created a Gitlab automated build system for both Block DX and the Blocknet wallet that allows our QA team to more efficiently test the development teams' work. This is a public system, and anyone in the community can also download and help test these builds. Please reach out to hanniabu for more information.
Bug fixes
I will continue doing bug fixes and integration work in support of the August/September roadmap.
Total: 2100 BLOCK
Requested amount from the Superblock. The payment will be made out of the community funds if the proposal passes but is bumped.
- mamaringo
- Posts : 2
Join date : 2018-09-01
Re: Superblock 561600 Final Proposals
Sat Sep 01, 2018 7:18 pm
Proposal: Coin split 1:100
This is a proposal to increase BLOCK circulation by 100x. All existing fees, rewards, and collaterals will be increased proportionally. This change is needed to preemptively address an anticipated technical problem(see below). Vote yes to approve of this change and no to disapprove of it.
Rationale and further explanation of proposal & background info:
The Issue
If the price were to skyrocket, Blocknet would find itself facing a problem that would require an emergency hard fork to fix, potentially diverting the team and confusing the flood of new block owners. Why? As you know, microservices provided by the XRouter and plug-in services charge fees. At a high enough BLOCK value, these fees become dust-like and incur high transaction costs.
The solution
A hard fork will be required to undertake this, but fortunately one is already planned to eliminate the locked funds from the exploit. A fork at this time would not incur any costs to owners of BLOCK. Moving the decimal place does not effect the value of investors' holdings or the block rewards.
86B Discord post regarding “dust fee”:
lets say we moved the relay fee out to match BTCs at 0.00001: using the 2000bytes example, sending a $0.005 (half cent) microfee would be charged $0.02 by the network for a 366% charge.
Now lets assume we make XRouter transactions feeless: at $2000/BLOCK (optimists anyone? we'd see minimum transactions required over $0.01 - effectively not allowing us to charge under a penny for various simple XRouter calls/etc
So, despite changing the feeperbyte, changing the minrelaytxfee, etc - we'll still eventually run into this issue. It's easier to just move the decimals out and be done with it for good
86B Discord post regarding "An extra win to the introduce more people to Blocknet"
That video @mamaringo posted youtu.be/KBRQjuTi7PE had a major key reason for a split: “to attract new types of investors” (or new people, period). To me, this is a major benefit because I think it’s wise to add as many unique community members as possible, daytraders or not, because I think once people are here and learn about what we’re doing, they will stay. I think there’s a consensus that a small price per coin attracts at least one additional buyer due to the current mindset of your typical crypto trader: there are so many different coins and tokens out there to choose from that narrowing down “moonable” prices per coin is done subconsciously - (you’ll find 20 new-to-crypto investors to 1 who don’t understand inflation or market cap). You can see a similar “overwhelming effect” as it pertains to the top 10: the majority of new money first dabbles with Bitcoin, then finds alts, usually buying the top 10, then expands within the top 100 - everything beyond that is perceived as “too high risk” to new money (beyond the high risk they already think they’re taking). Also subconsciously, it’s far more appealing to own “more” of something or deal in whole numbers vs decimals - I personally think it’s a pain dealing in BTC decimals. Having said that, any split we do would be based on charging microfees for our XRouter and plug-in services. In the future if our price is extremely high, it becomes more and more difficult to stay above dust amounts with a microfee. All-in-all I think many of the arguments above of it being “too shilly” or “we’re” better than that” is a very elitist stance. We’ve been battling uphill forever now and I think if a split got more people involved and helped spread the word about Blocknet, I’d heavily be in favor of one.
Estimated time for components in the proposal:
Unknown
Teams/person undertaking the work:
- Blocknet Development Team
Cost assessment:
-10 BLOCK for proposal fee
Fund custodians:
- Not Applicable
This is a proposal to increase BLOCK circulation by 100x. All existing fees, rewards, and collaterals will be increased proportionally. This change is needed to preemptively address an anticipated technical problem(see below). Vote yes to approve of this change and no to disapprove of it.
Rationale and further explanation of proposal & background info:
The Issue
If the price were to skyrocket, Blocknet would find itself facing a problem that would require an emergency hard fork to fix, potentially diverting the team and confusing the flood of new block owners. Why? As you know, microservices provided by the XRouter and plug-in services charge fees. At a high enough BLOCK value, these fees become dust-like and incur high transaction costs.
The solution
A hard fork will be required to undertake this, but fortunately one is already planned to eliminate the locked funds from the exploit. A fork at this time would not incur any costs to owners of BLOCK. Moving the decimal place does not effect the value of investors' holdings or the block rewards.
86B Discord post regarding “dust fee”:
lets say we moved the relay fee out to match BTCs at 0.00001: using the 2000bytes example, sending a $0.005 (half cent) microfee would be charged $0.02 by the network for a 366% charge.
Now lets assume we make XRouter transactions feeless: at $2000/BLOCK (optimists anyone? we'd see minimum transactions required over $0.01 - effectively not allowing us to charge under a penny for various simple XRouter calls/etc
So, despite changing the feeperbyte, changing the minrelaytxfee, etc - we'll still eventually run into this issue. It's easier to just move the decimals out and be done with it for good
86B Discord post regarding "An extra win to the introduce more people to Blocknet"
That video @mamaringo posted youtu.be/KBRQjuTi7PE had a major key reason for a split: “to attract new types of investors” (or new people, period). To me, this is a major benefit because I think it’s wise to add as many unique community members as possible, daytraders or not, because I think once people are here and learn about what we’re doing, they will stay. I think there’s a consensus that a small price per coin attracts at least one additional buyer due to the current mindset of your typical crypto trader: there are so many different coins and tokens out there to choose from that narrowing down “moonable” prices per coin is done subconsciously - (you’ll find 20 new-to-crypto investors to 1 who don’t understand inflation or market cap). You can see a similar “overwhelming effect” as it pertains to the top 10: the majority of new money first dabbles with Bitcoin, then finds alts, usually buying the top 10, then expands within the top 100 - everything beyond that is perceived as “too high risk” to new money (beyond the high risk they already think they’re taking). Also subconsciously, it’s far more appealing to own “more” of something or deal in whole numbers vs decimals - I personally think it’s a pain dealing in BTC decimals. Having said that, any split we do would be based on charging microfees for our XRouter and plug-in services. In the future if our price is extremely high, it becomes more and more difficult to stay above dust amounts with a microfee. All-in-all I think many of the arguments above of it being “too shilly” or “we’re” better than that” is a very elitist stance. We’ve been battling uphill forever now and I think if a split got more people involved and helped spread the word about Blocknet, I’d heavily be in favor of one.
Estimated time for components in the proposal:
Unknown
Teams/person undertaking the work:
- Blocknet Development Team
Cost assessment:
-10 BLOCK for proposal fee
Fund custodians:
- Not Applicable
- Code:
mnbudget vote
47384b0240972d2f478c0932f93f4f2bb538dc7936e359dba6c58ecb41c76bb1 yes/no/abstain
- 86b
- Posts : 11
Join date : 2017-09-25
Unused Funds Carryover
Sun Sep 02, 2018 10:15 pm
Unused Funds Carryover
Proposal name:
dev-fund-carryover2
The purpose of this proposal is to maximize unminted Superblock funds in order to limit the amount of BLOCK paid out of the community funds this month. Proposal is for 905 BLOCK that will be paid to our Development Community Fund address BXziudHsEee8vDTgvXXNLCXwKouSssLMQ3 .
Voting:
From Service Node client:
From 5000 BLOCK client:
Proposal name:
dev-fund-carryover2
The purpose of this proposal is to maximize unminted Superblock funds in order to limit the amount of BLOCK paid out of the community funds this month. Proposal is for 905 BLOCK that will be paid to our Development Community Fund address BXziudHsEee8vDTgvXXNLCXwKouSssLMQ3 .
Voting:
From Service Node client:
- Code:
mnbudget vote fcf2b3f7c4e2f2ccb9e10e774177f1514c1b0fc257da16dbfccea9c018e46a36 yes/no
From 5000 BLOCK client:
- Code:
mnbudget vote-many fcf2b3f7c4e2f2ccb9e10e774177f1514c1b0fc257da16dbfccea9c018e46a36 yes/no
Permissions in this forum:
You cannot reply to topics in this forum
|
|