Posting from my phone, real quickly all, I'd like to point out the current devs have already earned a substantial amount of money...likely enough to live off for at least a few months/years/decades... They do not need the extra advantage, and it is up to them how much time they wish to allocate between the rest of their lives and Mastercoin considering the future reward. I do not support an ongoing salary for them until some sort of objectives are laid out for such a salary that cannot be better accomplished via bounties.
Happy Thanksgiving!
Edit: board members include
Antony Vo (me)
JR
Ron Gross
David Johnston
Brock Pierce
Sam Yilmaz
Jonathan Yantis
This has nothing to do with an unfair advantage..This has everything to do with TIME spent on mastercoin. We need developers to spend more time developing mastercoin core and its features than they do at their Jobs..I don't think anyone will advocate an unfair advantage..You really believe that a bounty will provide the right incentive for a developers to spend more time working on mastercoin than a full time salary will? If this is your line of thinking and the resistance plaguing the board I think we are in trouble. We are dealing with centralized issues while trying to solve decentralized problems all over...
Happy Thanksgiving!
Yeah, I think it's a pretty appealing case for the devs right now to spend their time on Mastercoin, salary or not.
Again, if I was a contestant, if after I had already earned 500 MSC and whatever the BTCs that first $30000 contest is worth now, if I was faced with the decision to leave my job or dedicate more of my time towards earning more of these high value coins that have already shown to have value, (options/equity in the startup basically), I'd probably leave after getting a taste of the pot of gold at the end of the rainbow. To each their own, that's the point. If I could earn 50-100 BTC in a few weeks-months of working on code that I am confident I could get done, I definitely would! Especially after earning serious wealth. If you were already awarded
BTCBTCBTC and made more in a month's creativity than your job paid in a year+, and had the chance to do that again, you have a choice to make.
Yes, cryptocurrency has convicted me strongly of competition. Competition creates some crazy crazy innovations and brings the best people together. Already confirmed rewards (salaries) kind of go against that. Did the DARPA Grand Challenge reward anyone before the contest? Once the contestants have proven themselves, they receive the bounty which enables them to spend more TIME on such projects. The best way to encourage further dev is by providing further incentive for development of objectives with very clear criteria, ie bounties.
requoting for the second time for further emphasis:
LETS GET THESE GREAT DEVELOPERS FULL TIME ON MASTERCOIN
If that's split between the current four Devs they would have made $78,125 USD in Dev MSC EACH MONTH the last three months = $234,375 USD and they would have quit their jobs by now. It really is that simple.
This represents an 'unearned' windfall. This is not good. I say pay the devs really well. Too well. But don't throw the money away - we need it to motivate more devs in the future.