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Author Topic: BitDNS Bounty (3500 BTC)  (Read 13609 times)
kiba
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December 04, 2010, 09:13:03 AM
 #1

In the unlikely event of several bounties being fulfilled at once, all my bitcoins will be gone.

BUT THE TIME IS NOW! We heard the .p2p folks sucks because they can't figure out how to decentralize allocation of domain name...so we're going take the glory for ourselves!

Since I don't know shit about creating something like bitcoin for DNS allocation, I'll pledge money instead. Here's the proposal below.
http://www.bitcoin.org/wiki/doku.php?id=bitdns_draft_0_1

Discussion on the idea:
http://bitcointalk.org/index.php?topic=1790.0

And Pledgers:

Kiba: 20 BTC.
Ribuck: 100 BTC
em3rgentOrder: 20 BTC
bencoder: 20 BTC
SmokeTooMuch: 1000 BTC
chaord: 2000 BTC
noagendamarket: 50 BTC
jorgen: 90 BTC
da2ce7: 50 BTC
forever: 50 BTC
Mahkul: 100 BTC

Total: 3500 BTC.

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ribuck
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December 04, 2010, 11:37:20 AM
 #2

This is seriously worth doing. I pledge BTC 20
kiba
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December 04, 2010, 02:58:17 PM
 #3

Just woke up...

Update complete.

em3rgentOrdr
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December 05, 2010, 06:26:23 PM
 #4

I pledge 20 BTC.

"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
kiba
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December 05, 2010, 06:33:01 PM
 #5

Bounty rose to 60 BTC.

Keep the pledge coming.

bencoder
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December 05, 2010, 06:34:55 PM
 #6

20 BTC from me
kiba
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December 05, 2010, 06:36:13 PM
 #7

Alright, we're on a roll!

ribuck
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December 05, 2010, 07:03:49 PM
 #8

Far out, I just generated twice in the last 24 hours!

So I will increase my pledge to 100 Bitcoins.
kiba
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December 05, 2010, 07:05:14 PM
 #9

Far out, I just generated twice in the last 24 hours!

So I will increase my pledge to 100 Bitcoins.

Thank you, ribuck.

SmokeTooMuch
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December 05, 2010, 08:28:52 PM
 #10

If this will work as it should, without errors or serious security issues,
and if it is finished before .p2p,
I pledge 1000 BTC.
EDIT 10.06.2011: 1000 BTC is way to much now. I reduce my pledge to 20 BTC.
EDIT 14.02.2014: Just for the record: In the end I transferred 292 BTC instead of the originally pledged 1000 BTC.

Date Registered: 2009-12-10 | I'm using GPG, pm me for my public key. | Bitcoin on Reddit: https://www.reddit.com/r/btc
You like what I'm doing? Why don't you send me a coin: 17Pj8jpUgY6qTaKgiopL5U48zxU4rTrkuB
kiba
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December 05, 2010, 08:42:10 PM
 #11

Done. Now we're in business.

Of course, the more people donate, the more incentive there will be.

Pledge. Pledge. Pledge. Pledge. Pledge.

The race is on!

And oh yeah, pledge.

RHorning
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December 05, 2010, 09:00:52 PM
 #12

This is an amount I can show to my wife and justify blowing of a couple of dates.  Seriously, this is enough to actually get the thing started so far as an incentive.  It will be interesting to see how many others might be interested in claiming this bounty.

Yes, I know that it is for stuff completed.  We'll see who gets that to happen now.

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kiba
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December 05, 2010, 09:06:08 PM
 #13

This is an amount I can show to my wife and justify blowing of a couple of dates.  Seriously, this is enough to actually get the thing started so far as an incentive.  It will be interesting to see how many others might be interested in claiming this bounty.

Yes, I know that it is for stuff completed.  We'll see who gets that to happen now.

If previous bounties are any indication, there won't be a developer that will do something to claim it.

I think it is also best that the project is a group effort if multiple developers claim it. The bounty splited will probably be not worth the effort, though.

ribuck
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December 05, 2010, 10:15:41 PM
 #14

The bounty splited will probably be not worth the effort, though.
The bounty is never going to compensate fully for the work, which might end up being thousands of hours in total. But the bounty shows whether people are serious about wanting something, and the bounty might just make the difference if someone is deciding bitween BitDNS and some other project.
chaord
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December 05, 2010, 10:56:00 PM
 #15

I pledge 2000BTC if we can have a secure and reasonable usable prototype within 3 months. 
kiba
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December 05, 2010, 11:00:26 PM
 #16

I pledge 2000BTC if we can have a secure and reasonable usable prototype within 3 months. 

Thank you for giving us a boost.

brocktice
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December 06, 2010, 01:37:16 AM
 #17

Can you say more about what exactly this is?

http://media.witcoin.com/p/1608/8----This-is-nuts

My #bitcoin-otc ratings: http://bitcoin-otc.com/viewratingdetail.php?nick=brocktice&sign=ANY&type=RECV

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kiba
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December 06, 2010, 02:02:04 AM
 #18

Can you say more about what exactly this is?
* kiba points to a discussion link.

Anonymous
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December 06, 2010, 02:24:41 AM
 #19

I pledge 50btc if people dont have to download 10tb of data just to use a bitcoin dns system.

 Tongue

kiba
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December 06, 2010, 02:40:35 AM
 #20

Keep the ball rolling folks! I know this is not all of you.

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