Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
qwizzie
on 06/11/2014, 22:01:36 UTC
Anyway, all ideas on how to recruit developers are welcomed!

We should just start a thread on Alternate cryptocurrencies that Darkcoin wants more devs. Preferably Evan does it so it has credibility. And we should tweet it as well.

I don't believe funding solely with donations will work, few generous holders will donate, and the rest will sit on their wallets freerolling. Currently 25% of the block reward goes to masternodes, 75% goes to miners. So why not 1% to dev fund / foundation? That would mean 28 DRK / day minimum. Not much, but the price will only go up from here, right? Smiley  Or maybe even 5%?

And the idea that masternodes could vote how the funds are used is awesome. How to implement that though when there is so much else to implement as well is another matter. Smiley



Actually something like a percentage of masternode payments going to a developer fund.  Start at a certain percentage and have it track the emission rate of the coin.  Ten percent is a good place to start decreasing over time.

I can't believe I'm agreeing with shojayxt. 10% of the block reward to dev fund for the next 6 months, decrease to 8% for the next 6, and so on, until it's 1%. At that point the value of that 1% could potentially be very high. 10% of the reward is at the minimum 280 DRK /day btw.

I agree DRK should fund its Devs, no problem taking scraping it of the masternodes revenue, it is a sound idea. Also with coding it to decrease over time is a good idea. Far better option than merging and printing coins

question is : would it jeopardize the main goal of getting 3000 MN up an running in a certain timeframe (which is necessary to make Instant TX work properly and securely)