A fascinating new website has recently surfaced that provides a creative way to address the blocksize dilemma. The website is blockbounties.info, and it acknowledges that bounties or prizes can be given to miners who mine blocks larger than 1mb.
-> So does this mean that bounty hunters are big miners who mine big blocks or those who catches online frauds and extortionists? Please advice. Thanks.
P.S. I am a newbie in bitcoin
Bounty hunters are those who get "bounties" (a.k.a. coins) for their work. This work could be writing a translation, managing a local board thread, sharing contents on social media, etc. Just go to the announcement threads of the company and you will find the bounties. Here is the subforum here on bitcointalk:
https://bitcointalk.org/index.php?board=238.0