I happened to get the guys who wrote Automated Transactions (aka Smart Contracts) for Nxt to agree to integrate them into Burst. Nxt has delayed integration and Nxt is probably not going to be ready to add them for a while.
However, the Automated Transaction developer is asking for funding and I would really like to make sure that he gets paid a reasonable amount for his many months of work. It's in our best interest as well to make sure he's invested into Burst since he's a good developer and we need more of them. I'm chipping in 250k Burst myself. Anyone else mind chipping in some donations?
I'd like to get him at least a million, maybe two million Burst.
Additionally, could someone write up a press release for these?
I have set-up a wallet for this purpose if you would like to donate: BURST-NTAZ-LX9T-BVB9-CN373
If mmmaybe is more trusted than me, seeing as how I'm new to the community, he could escrow for this instead. Or we can use the built in escrow tool. Just let me know if you want anything like this.
Thanks for your effort but a negative rating from Gmaxwell ?
If you don't mind I would have Nevril as the one who manages the fund.
Just my 2 BURST.
Regards,
Aizen
mczarnek also asked me to escrow for this project via PM.
I can be the escrow if all of you want, but I'd first like to know the opinion of Burst Dev about Automated Transactions and whether or not they can be implemented without issues for the developing schedule he has already planned.
Moreover, I've checked quickly what AT are... If their only purpose is to pay dividends to assets share holders... 1M of Bursts sounds like a lot of money for a work that took me 3 (full) days to develop...
It would be nice if also AT Dev comes here to explain features in detail and how they could integrate with the current Burst. Because, ok Burst is Next based, but it isn't Next.
This is something that has already been in progress, and is close to ready for release. Refer to my post here:
https://bitcointalksearch.org/topic/m.9792602 and katlogic's post directly below it.
Regarding what ATs are, it's a smart contract system that allows turing complete scripting on the blockchain. Scripts can be created and stored in the blockchain, and the scripts will get their own account id that can receive funds, and the script is able to make its own outgoing transactions. Scripts are able to sleep for numbers of blocks or be reactivated when transactions are sent to them, allowing for the script to carry out it's actions over extended periods of time.
I totally missed your reply
Sounds interesting, so... No need for funding and escrow, nice
Hehe
But there might be a couple of reasons to do a crowd-funding for vbecas despite this. If I speculate a little:
I don't know how well dev and vbecas cooperate, but I get the impression it's going fine? A nice bounty would in this case be for getting vbecas into the project as such, more than only working on ATs. As I understand he is a damn good developer. And it would, imho, be worth a donation to get him to care for Burst and helping our main dev out on other issues.
But that's only something dev can answer.
I repeating myself, but somethings we in the Burst community can't expect to get for free. In this case, it's vbecas attention and work for us (given that dev and he cooperate well and vbecas is interested to work on Burst, of course). But basically, this might be a possibility to expand the dev team.
In addition, to have more good connections to the nxt community could hardly be a bad thing for Burst. If some of the well-known nxters invest in the Burst or simply are positive of the initiative, that could give certain desirable effects. Like when it comes to sharing ideas and dev'ing (despite some people hate pos in general and nxt in particular). And would a few of them take positions in Burst, it would be very interesting to see what's happening to the price
