Post
Topic
Board Altcoin Discussion
Re: Spin-offs: bootstrap an altcoin with a btc-blockchain-based initial distribution
by
cypherdoc
on 25/07/2014, 17:55:07 UTC
I am joining this bounty with 1 BTC

I'll pledge .35 btc too (the same as I've just spent on 700 ETH).  I much prefer the spin-offs approach but also realise there's a lot to figure out yet. I guess cash incentive may add to the motivation of those capable of making this happen which is why I'm chipping in on this one.  So I'm backing two horses in this race Smiley And yes, I'm up for making my bounty pledge official on Buntysource or wherever Smiley

Thanks thoughtfan.  I updated the bounty post to show the new total of 2.35 BTC.  I suspect there might be some more pledges, and then perhaps we could move the pledged funds to a multisig 2-of-3 address controlled by 3 trusted members of the forum.  Refund TXs could be issued instantly for all pledges using N_LOCKTIME where N_LOCKTIME defines the deadline for winning the bounty. 

I should also point out that the bounty (at least as I specified it) did not require any particular coin to be cloned--just that the clone had to achieve sufficient adoption as evident by the number and magnitude of claims that were made and as evident by the spin-off trading on an exchange.  I suppose we could revisit the exact requirements to claim the bounty if more people are interested in contributing. 

you got 1 BTC from me