Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
iCEBREAKER
on 27/01/2017, 22:28:16 UTC
It's important that those of us that wish to question things and ask for accountability should remain doing so.

 For example,  I've been advocating for a budget performance matrix for all funded projects.  I've been willing to donate handsomely for this kind of thing where everyone is being held accountable via a standalone website.

 There are literally 10s of thousands of dollars being dished out... And no accountability.  I purposed before the holidays that  we set up an independent site that that strictly evaluates funding proposals performance as well as a complete detailed information on all aspects of the individual budgets,  who they are,  how much was the proposal worth in a couple of currencies what were the deliverables etc etc.  Then finally a rating of how well the budget proposal did at fullfilling it's duties... This could even be voted on.  

  This is how we can help everyone in community to remain confident that funds parties are being given, are held accountable by the whole community.
Thanks.   You you have the right idea.  The simplest solution is to downvote every proposal that doesn't give acceptable updates.  That could even be forced by a vote reset every month.

Maybe we post a budget proposal to fund a separate independent site that does what we are talking about.  At least at that point...the community as a whole can evaluate for themselves what is and isn't being done for example...and how much DASH is being given out.  With the amount of money now being generated by the budget system...there now needs to be oversight.   The problem as I've stated on the slack channel today is there is just way to many moving parts and certainly there isn't enough oversight over all the pieces.  I would propose to create a committee that sole goal is to evaluate, collect and report on information regarding all budget proposals and the people and company involved. The purpose...transparency.  This committee can be made of anyone that is concerned DASH community member.  It should be independent of core dev team and master node operators if possible.   

In fact I'm sure we could have community members donate DASH to maintain the site and any out of pocket costs and should NOT be funded from the superblock to be impartial.

I would volunteer to create a Wallet address for donated funds to the project and report on a monthly statement by my accounting firm the status of said funds.  I offered to start with 50 DASH in the slack channel...but I couldn't get TAO to connect with me...I would still certainly do this still...and I'd be willing to donate more.

Thoughts?

This the wrong approach to solving the problems with no accountability stemming from the intrinsic nature of the way DASH creates money from nothing and gives it away without any enforcement mechanisms.

You aren't addressing the root causes by throwing 50 DASH at the problem and creating yet another layer of Band-Aid on top of the necrotic, festering Superblock organ.

The entire system of free Superblock money being doled out by those who do not have 'skin in the game' (or worse, have self-dealing conflicts of interest) must be removed and replaced with a more reliable and well thought out project funding and management mechanism.

You can't fix the underlying issues by just heaping on more layers that only function as after-the-fact rearguard reactions.

Is it really asking too much that those who are in favor of projects pony up the money to fund them?

Isn't the widely acknowledged best practice to use escrow and have funding tied to development milestones, including actual deliverables?

I know you don't want to hear this, but try to get over your hurt little feelings and recognize that Monero's Forum Funding System (FFS) has been a great success, while avoiding all the problems DASH is now vainly struggling to overcome.

While you guys tear each other up trying to do trivial basic stuff like run a Slack and set up a soda machine, Monero's FFS successfully implemented RingCT, a brilliant new way to ensure fungibility, as well as a very nice GUI and other useful under the hood futureproofing stuff like 0MQ.

Instead of trying to reinvent the governance wheel (which has been amply demonstrated to not be Dash's core competency) why not just go with what's already been proven to work?

Fluffy might even sell you the code to https://forum.getmonero.org/9/work-in-progress for the last Superblock grant if you ask nicely....   Cool