Re: Proposal for Standardizing the Distribution Rate of Dev MSC via the MSC Protocol
Poll Question:
Do think that the Dev MSC "Distribution Rate" should be fixed by the MSC protocol, in order to mirror the Dev MSC "Generation Rate"?
A. Yes, full speed ahead! Lets distribute 100% of Dev MSC generated each month, proportionately to each developer's contributions. That's what they are for! When the Distributed bounty system is launched it should be set at this same predictable Distribution Rate.
B. Yes, however things are early and we should be conservative. Lets distribute 50% of Dev MSC generated each month, proportionately to each developer's contributions. Save up the other 50% of Dev MSC for the hand over to the distributed bounty system when its launched in the future.
C. No, the Dev MSC are just part of the Mastercoin open source project development funding budget, along with the BTC from the Exodus address. And we should not tie the funding budget to any set rate, but should instead alter it daily, weekly, monthly based on project needs.
I think these three options to answering the question roughly capture the three proposals in this thread.
We can word smith these a bit, but I'd like to post this fairly soon and leave it up for a week or two and see where we are before the Christmas holiday kicks in and folks disappear for a while until mid January. I believe this is a very important decision.
Do think that the Dev MSC "Distribution Rate" should be fixed by the MSC protocol, in order to mirror the Dev MSC "Generation Rate"?
A. Yes, full speed ahead! Lets distribute 100% of Dev MSC generated each month, proportionately to each developer's contributions. That's what they are for! When the Distributed bounty system is launched it should be set at this same predictable Distribution Rate.
B. Yes, however things are early and we should be conservative. Lets distribute 50% of Dev MSC generated each month, proportionately to each developer's contributions. Save up the other 50% of Dev MSC for the hand over to the distributed bounty system when its launched in the future.
C. No, the Dev MSC are just part of the Mastercoin open source project development funding budget, along with the BTC from the Exodus address. And we should not tie the funding budget to any set rate, but should instead alter it daily, weekly, monthly based on project needs.
I think these three options to answering the question roughly capture the three proposals in this thread.
We can word smith these a bit, but I'd like to post this fairly soon and leave it up for a week or two and see where we are before the Christmas holiday kicks in and folks disappear for a while until mid January. I believe this is a very important decision.
The poll is a great idea. I like the options presented here, but I'd also like some way for people to vote on whether (and how much) we should convert our BTC to MSC.
If somebody wants to create that poll, I'd be grateful, otherwise it will have to wait until one of us gets to it
Yeah. I think a poll would be a good idea. We have discussed the options enough and if more discussion is needed we can do it in the topic that includes the voting.