BitDNS Bounty (3500 BTC)

[kiba]

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.

[ribuck]

This is seriously worth doing. I pledge BTC 20

[kiba]

Just woke up...

Update complete.

[em3rgentOrdr]

I pledge 20 BTC.

[kiba]

Bounty rose to 60 BTC.

Keep the pledge coming.

[bencoder]

20 BTC from me

[kiba]

Alright, we're on a roll!

[ribuck]

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

So I will increase my pledge to 100 Bitcoins.

[kiba]

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

So I will increase my pledge to 100 Bitcoins.

Thank you, ribuck.

[SmokeTooMuch]

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.

[kiba]

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]

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.

[kiba]

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]

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]

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

[kiba]

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

Thank you for giving us a boost.

[brocktice]

Can you say more about what exactly this is?

[kiba]

Can you say more about what exactly this is?

* kiba points to a discussion link.

[Anonymous]

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

 

[kiba]

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