To further add on my post, because I feel I threw an alternative that wouldn't be realizable. I'm currently one of the top 3 holders of emc2, if I were to make a sizable donation based on what I own, it would still be quite a bit less than the amount needed. So, at the current market value, it's a great amount to raise, what I own right now used to be worth about 20k, I think everyone here is in a similar boat, further investment from current holders has incentive, but at another risk for a more than comfortable chuck of what their investment is currently worth. It's not that 3btc is a big fee, it's just a fee the community isn't really able to absorb at the current market value.
So here's my suggestion. Why not make the new Dev the recipient of the next (or 2) wormholes? It gives him incentive to do a good job, it potentially gives him more money than the flat 3btc fee, and it's actually realizable. And it also goes towards "helping science" if it's funding a system TO fun science.
So here's my suggestion. Why not make the new Dev the recipient of the next (or 2) wormholes? It gives him incentive to do a good job, it potentially gives him more money than the flat 3btc fee, and it's actually realizable. And it also goes towards "helping science" if it's funding a system TO fun science.
The reason we chose BTC instead of a EMC2 donation is because of current market value. The developer needs money right now in order to pay for the time it will take to begin to implement the changes. Upon payment receipt, it will be the his decision to buy back into the coin while prices are still cheap. Otherwise, the rest he can cash out to pay his bills. If we pay him 3btc in EMC2 directly, it would take a sizable portion from myself or from holders and it's just not a very reasonable decision at current market rates.
Your most loyal community members and biggest pockets already your post, I think it has been established that for no one thinks it's worth the risk / reward.
So used your time wisely and don't waste it waiting on that 3btc filled and come up with another proposition. Maybe try to make my suggestion or something of the sort work out, or come up with something entirely different, or a Dev that would accept such a position without cash up front.
And beyond the scope of the rest of my post, usually someone gets paid after the work is done, I'm not exactly sure why we're hanged by the balls and that it should be any different especially in a bitcoin world known for scams and jobs unfinished.
I agree that the community is not really where it should be for us to collect the money. Not only that, but forking a coin a changing its fundamentals usually kills it all together. The switch to PoS will not increase our value. It's taken me a bit of humility and learning, but I've come to decide that we need to change direction with this coin. What we really need is a new system for donating to science. Switching algo may be something that can come a little down the line, but at our current state it may be best to refocus on what we are really supposed to be doing with EMC2.
My goal now is for Einsteinium is to create a website much like Kickstarter or Experiment.com specifically geared for funding science projects with crypto. People will be able to create projects and receive votes / funding directly in EMC2. Above that, it's time that we rebuild our coin team from the ground up. I will update very soon.
