Post
Topic
Board Project Development
Re: [ANN] Bitcoin PoW Upgrade Initiative
by
tenletters
on 27/03/2017, 00:21:42 UTC
There are several developers working on PoW changes already , but what we need is proper peer review testing and a big bounty for this work. I am willing to donate btc and help fund raise for this , but we need 3 trustworthy an public people to handle the funds. Who is interested or who should we ask to get this started?

The "public" stipulation may be difficult to satisfy. Irrespective of how much support we can build, whoever accepts an escrow role is sticking their head above the parapets rather significantly (Bitfury have already threatened legal action against PoW changes, although against who is undetermined I believe)

Can the several developers not present their designs, rates and also addresses to donate to?


-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

Hi devs, can you all send your nominations for who the most credible individuals are for managing an m-of-n account (for holding the PoW bounty's reward funds)?

1) Please send PGP-signed emails to jecooper@alum.mit.edu (you may encrypt if you wish to remain anonymous, my PGP key ID is 331B6406 (pgp.mit.edu)).

2) Once all the nominations are received, I will make one big post containing all of the signed emails (unless the sender wishes to remain anonymous due to fear of BitfuryGeorge).

3) We reach out to the agreed upon individuals, inviting them to become custodians of the multisig address and requesting a public BTC address (for which they control the private key) from each of them.

4) Create the multisig address, notify the new custodians of the account.
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=yOSx
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