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Topic: A serious proposal for a replacement non-profitable elected Bitcoin Foundation - page 2. (Read 2211 times)

legendary
Activity: 2674
Merit: 2965
Terminated.
Well this is hard to do. Who would we nominate?
Not everyone should be allowed to vote. Not everyone qualifies to vote. We don't need random people from the altcoin (hello doge community, no offence) voting for randoms.
First the current Foundation has to be disbanded. I'm not sure how we can get this to happen either.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Oooh, oooh!

PICK ME! PICK ME!!

Supreme Emporer of Bitcoin, BELIATHON!!

 Grin

...too much?
donator
Activity: 1464
Merit: 1047
I outlived my lifetime membership:)

PLEASE VOTE IN THE POLL

The communities response to my other thread referencing the current foundation has been more than a surprise. It seems that the foundation has been self appointed, appears to be self serving and is doing so whilst accepting dubious donations.

I propose therefore, that the community dissolve ties with this ponzi scheme and set up a new Bitcoin Foundation.

The core principles should be:

1. Accounts are made public. Spending must be focused entirely on furthering the Bitcoin idea i.e ATM's Marketing etc and Donations must be logged for public viewing (Donors can choose to remain anonymous)
2. Anyone can run for election to be on the foundation and is not restricted to large stakeholders or those with business interests.
3. The foundation is re-elected annually capped at a maximum of 2 years.


Please post with your suggestions. The community decides who represents and how they are represented.

The current foundation has 3 board seats for non-industry members. 3 seats for industry. 1 seat for a tie breaker. Anyone can run for election for 6 of the seats, member or not...but only members vote. Terms are 2 years.
newbie
Activity: 40
Merit: 0
Of course one could put a CAPTCHA to prevent robots, but it is inevitable that people with a lot of ressource will cast more than their share of votes; for example by paying (many) people to register multiple accounts and then vote.

You see - keep trying - there is simply *no* way to do it which is perhaps why we need to get over the whole "1 person 1 vote" concept.

It is possible to alienate spam accounts by having each votetlogged via mac id. Of course this can be circumvented by those using multiple devices, but how many can people reasonably log into and vote on? 4? 10? I wouldnt say more than 10.

This can be perhaps be negated by having a set vote time for only a short duration. I.e A 1 hour window to cast votes.


Alternatively the selection could be made randomly. This may seem daft but would it really be?
Imagine 40 people put their names forward-  20 Bitcoin Businesses, and 20 individuals. 5 from each could be selected randomly online via a live stream. This would remove the element of vote rigging and as its random we would be calling up possibly ever aspect of the community.

This thread is mostly to gather the thoughts on the community regarding a new foundation with a little bit of brainstorming.

Im sure there is a workable way to do this.
newbie
Activity: 40
Merit: 0
I support:
1) multiple foundations to further the cause of bitcoin,

additionally, I support foundations:
2) to further the cause of all cryptocurrencies,
3) that are organically formed, meaning community centered, mission oriented, bottom up elections, top down management, and all around accountability,
4) with a clearly stated mission, plain language bylaws, and self funded (dues, events, etc)

I believe there should be multiple foundations and that at least one of the foundations should:
5) form in an ad hoc fashion so as to allow for a great airing of views, and to allow the community to get to know itself
6) after about 1 month of open community discussion, a steering committee (SC) should be formed for ALL of those who wish to serve on that committee,
7) 3 days after formation, giving time for campaigning, the first meeting should be convened where each member will formally introduce themselves to the SC and indicate what skill, experiences, talents, and/or resources he or she wishes to contribute to the foundation.  For example: Hi, I'm Bob Jones, email: [email protected], owner of Bob's Bits, a bitcoin exchange; I'm a CPA and I would like to run for treasurer and chair the finance committee, I've worked for ...   This introduction can be done in different ways, email, skype, forum, or many other ways. 
8 ) After everyone has been introduced to the SC.  Someone (anyone) should move that an election be held immediately to determine the leadership of the SC.   
9) Vote immediately for 3 leaders, in case of a tie create a fair tie breaker
10) After the 3 leaders are elected, the three should vote for Chair, Vice Chair, and 2nd VC of the SC. 
11) After formation of the leadership, the leadership should form: a bylaw committee, a finance committee, a election committee, and any other committee(s) they feel necessary for the formation of the foundation. 
12)  After all of the committee formed the Chair should determine the committed chairs for each committee. 
13)  Each committee chair should solicit the help from the SC population for committee membership to help determine goals for each committee and to achieve those goals by the next meeting 20 days later.   The leadership should be available to assist all committees
14)  At the next meeting it should be announced :
           -  a name, website address, and email address for the foundation,
           -  the bylaws for the foundation have been determined
           -  $X amount of funds have been collected 
           -  Y# of members
           -  a formal election of board members has been scheduled for ____ date
 and     - any other info to report

15) after each report the chair of that committee should move for adoption of that report and recommend it be accepted by the full committee.  The motion should be seconded, and a majority vote of the full SC will determine the fate of the motion. 
16) after all reports are adopted the meeting is adjourned until the date of the election of the board members.  The bylaws will pickup from there





If done right, it will be very, very, hard work,  you will make many friends and a couple enemies (some for no reason at all), you will have the transparency, you will have the necessary leadership, you will have your goals, and you will have a way of achieving those goals.





After the positive feedback shown Ive decided to push ahead with this venture. I like some of your ideas and will be a great template for something that we can do. I have no interest in being a board member on this foundation Im supporting it as Its badly needed. Alot of faith has been lost with the current Bitcoin foundation
hero member
Activity: 588
Merit: 501
I support:
1) multiple foundations to further the cause of bitcoin,

additionally, I support foundations:
2) to further the cause of all cryptocurrencies,
3) that are organically formed, meaning community centered, mission oriented, bottom up elections, top down management, and all around accountability,
4) with a clearly stated mission, plain language bylaws, and self funded (dues, events, etc)

I believe there should be multiple foundations and that at least one of the foundations should:
5) form in an ad hoc fashion so as to allow for a great airing of views, and to allow the community to get to know itself
6) after about 1 month of open community discussion, a steering committee (SC) should be formed for ALL of those who wish to serve on that committee,
7) 3 days after formation, giving time for campaigning, the first meeting should be convened where each member will formally introduce themselves to the SC and indicate what skill, experiences, talents, and/or resources he or she wishes to contribute to the foundation.  For example: Hi, I'm Bob Jones, email: [email protected], owner of Bob's Bits, a bitcoin exchange; I'm a CPA and I would like to run for treasurer and chair the finance committee, I've worked for ...   This introduction can be done in different ways, email, skype, forum, or many other ways. 
8 ) After everyone has been introduced to the SC.  Someone (anyone) should move that an election be held immediately to determine the leadership of the SC.   
9) Vote immediately for 3 leaders, in case of a tie create a fair tie breaker
10) After the 3 leaders are elected, the three should vote for Chair, Vice Chair, and 2nd VC of the SC. 
11) After formation of the leadership, the leadership should form: a bylaw committee, a finance committee, a election committee, and any other committee(s) they feel necessary for the formation of the foundation. 
12)  After all of the committee formed the Chair should determine the committed chairs for each committee. 
13)  Each committee chair should solicit the help from the SC population for committee membership to help determine goals for each committee and to achieve those goals by the next meeting 20 days later.   The leadership should be available to assist all committees
14)  At the next meeting it should be announced :
           -  a name, website address, and email address for the foundation,
           -  the bylaws for the foundation have been determined
           -  $X amount of funds have been collected 
           -  Y# of members
           -  a formal election of board members has been scheduled for ____ date
 and     - any other info to report

15) after each report the chair of that committee should move for adoption of that report and recommend it be accepted by the full committee.  The motion should be seconded, and a majority vote of the full SC will determine the fate of the motion. 
16) after all reports are adopted the meeting is adjourned until the date of the election of the board members.  The bylaws will pickup from there





If done right, it will be very, very, hard work,  you will make many friends and a couple enemies (some for no reason at all), you will have the transparency, you will have the necessary leadership, you will have your goals, and you will have a way of achieving those goals.


qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
The communities response to my other thread referencing the current foundation has been more than a surprise.
You're surprised by reactions to trolling? You must be new here.

It seems that the foundation has been self appointed,
Yes. Basically, that's what you do when you start an organization.

appears to be self serving
To a certain extent, absolutely.

and is doing so whilst accepting dubious donations.
WTF are you talking about?
What are dubious donations and where do you see them?

I propose therefore, that the community dissolve ties with this ponzi scheme and set up a new Bitcoin Foundation.
I.e., you're basically appointing yourself to start serving yourself with organizing a "new Bitcoin Foundation" which will probably accept donations.

The core principles should be:
1. Accounts are made public. Spending must be focused entirely on furthering the Bitcoin idea i.e ATM's Marketing etc and Donations must be logged for public viewing (Donors can choose to remain anonymous)
2. Anyone can run for election to be on the foundation and is not restricted to large stakeholders or those with business interests.
3. The foundation is re-elected annually capped at a maximum of 2 years.
Sounds familiar. Now where exactly is your Foundation different from the existing one?

Please post with your suggestions. The community decides who represents and how they are represented.
My suggestion: inform yourself about the existing Bitcoin Foundation.
Make an educated statement once you're done.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Of course one could put a CAPTCHA to prevent robots, but it is inevitable that people with a lot of ressource will cast more than their share of votes; for example by paying (many) people to register multiple accounts and then vote.

You see - keep trying - there is simply *no* way to do it which is perhaps why we need to get over the whole "1 person 1 vote" concept.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
I can think of one possible way. Create a foundation, associate membership with an account, allow one vote per account.

Really - so the person with the most "alts" wins!
legendary
Activity: 1512
Merit: 1057
SpacePirate.io
Good idea, I'd support this as well.
full member
Activity: 157
Merit: 100
1. I think this can be done online safely with a vote. I'm sure the community has the expertise  to create a system that would not be compromised.

A very easy thing to write - but actually *impossible* to create unless your idea of a fair vote is say "proof of stake" (which means the people with the most Bitcoins win the vote) or perhaps "proof of work" (in which case those with the most powerful mining devices win).

You could do either of those but my guess is that you'll find most people are likely to think that a "fair vote" should be 1 vote per person. Just one snag with that though - there is simply no way to do that online!

I can think of one possible way. Create a foundation, associate membership with an account, allow one vote per account.

Then one could easily create multiple account. Of course one could put a CAPTCHA to prevent robots, but it is inevitable that people with a lot of ressource will cast more than their share of votes; for example by paying (many) people to register multiple accounts and then vote.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
1. I think this can be done online safely with a vote. I'm sure the community has the expertise  to create a system that would not be compromised.

A very easy thing to write - but actually *impossible* to create unless your idea of a fair vote is say "proof of stake" (which means the people with the most Bitcoins win the vote) or perhaps "proof of work" (in which case those with the most powerful mining devices win).

You could do either of those but my guess is that you'll find most people are likely to think that a "fair vote" should be 1 vote per person. Just one snag with that though - there is simply no way to do that online!

I can think of one possible way. Create a foundation, associate membership with an account, allow one vote per account.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
1. I think this can be done online safely with a vote. I'm sure the community has the expertise  to create a system that would not be compromised.

A very easy thing to write - but actually *impossible* to create unless your idea of a fair vote is say "proof of stake" (which means the people with the most Bitcoins win the vote) or perhaps "proof of work" (in which case those with the most powerful mining devices win).

You could do either of those but my guess is that you'll find most people are likely to think that a "fair vote" should be 1 vote per person. Just one snag with that though - there is simply no way to do that online!
sr. member
Activity: 364
Merit: 257
full member
Activity: 157
Merit: 100
I agree that not allowing people with Bitcoin businesses to run for election is a silly idea as they are indeed the smartest within the community.

Conflict of interest.

I fail to see a conflict of interest; as having big stakes in Bitcoin, it would be in their best interest for Bitcoin to succeed... Which is the Foundation goal, promoting Bitcoin's success.

I don't say they must have ALL the voices in the foundation, but they must at least have some.
full member
Activity: 157
Merit: 100
  • Who would decide who wins the election


I would think that the community would elect who become board members of the Bitcoin foundation, however how would this be done? Most votes? Most votes could be manipulated by using such services as Tor to register many votes.

It would be pretty simple to tie votes to bitcoin amount.

Just send your vote in a message to [whoever compiles the result] and sign it with your bitcoin address, proving you own that address. Then at a given block height, it is really easy to check the balance in that account and weight the votes.

It has the advantage of being a stakes-weighted method, but it has the disadvantage of giving a LOT of weigth to big bitcoin owners. Unfortunately, it is the only scheme (I can think of) that cannot be cheated.

Any other scheme may be "cheated" by creating new addresses; splitting balance, etc... (Since address creation is inexpensive)

The only "cheat" that [whoever compiles the result] could do would be discarding some votes, but it the votes are made publicitly availables once recieved (even if in an anonymized form; prehaps by only showing the votes with the hash of the address and and amount rounded to the most significant digit), then people may check that the votes add up correctly, and if I find my vote had been discarded, I can publicitly complain about it.

legendary
Activity: 1512
Merit: 1012
foundation is not bitcoin.
bitcoin is P2P anarchy ... when it need, it work.
newbie
Activity: 40
Merit: 0
Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Mixed reviews so op are you going to be doing this?

I could set up the site if there was a need.
full member
Activity: 124
Merit: 100
 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Mixed reviews so op are you going to be doing this?
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Another "foundation" (aka "self entitled group")? No, thank you.
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