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Author Topic: The "Bounty Swarm"  (Read 10256 times)
Anonymous
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August 07, 2010, 06:49:48 AM
 #1

I propose the following -which I call the "distributed bounty swarm".It would utilise a bitcoin type application where people would tag a transaction fee with a label such as "fix this bug" or "build this website feature" or "hire me" which would then be broadcast on the network and the person that solved the issue could collect the "cloud bounty" on offer.The bounties could be parsed from the swarm and listed on any website or client.Both the fee provider and the bounty collector would only be registered by their bitcoin address.This could  be encrypted with a pgp key to verify ownership.

What is needed
A way to broadcast to the swarm that a job has been completed.
An automatic escrow service that verifies the job has been completed.The fee is already verified by the swarm.
Some form of messaging/contact  between fee provider address and bounty collector address to allow pgp key sending.
Provide a sending and receiving address so that a coin sent to you gets sent back out with your signed pgp key which verifies you to the other party.
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August 07, 2010, 06:59:37 AM
 #2

Hmm...I feel weird in the abritation and judgement area. Some jobs won't be of to the satisifaction of some individuals. Some individuals think it is a satisifed job. Some jobs are completely subjective.

But, clearly, I am not thinking clearly since I am tired and all.

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August 07, 2010, 09:06:06 AM
 #3

I think it's a great idea for a separate service.

The currency can be bitcoin or something else even.

I think it's a great example of how public goods can be funded without coercion. I don't think bounties can provide every public good, so don't derail this thread trying to straw man me.

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August 08, 2010, 01:15:07 AM
 #4

I had about the same idea 5 years ago and tried to implement it as "OpenContract".  The challenge is finding a way to clearly define requirements and dealing with multiple people who "race" to get it done.  I would love to see such a system.

https://fractally.com - the next generation of decentralized autonomous organizations (DAOs).
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August 08, 2010, 05:15:40 AM
 #5

I had about the same idea 5 years ago and tried to implement it as "OpenContract".  The challenge is finding a way to clearly define requirements and dealing with multiple people who "race" to get it done.  I would love to see such a system.

Humm, for some reason I am reminded of 99designs and http://no-spec.com
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August 10, 2010, 04:26:43 AM
 #6

Before solving the difficult "submission and satisfaction" part, I'd love to find a way to pay into a pool, even if that pool is controlled (received/arbitrated) by one person.

For example, bounty for some public good (SSE4.2 optimization or somesuch).  I just want a way to send coins out to be 'held' in escrow until some agreed arbiter releases them.

In the event the deadline arrives, there should be an easy way to "refund" all the coins back where they came from.

The irreversible and anonymous nature of bitcoins makes this really attractive, since the "doer" knows precisely how many coins are pending, and the donors don't need to identify themselves.

Bitcoin accepted here: 1HrAmQk9EuH3Ak6ugsw3qi3g23DG6YUNPq
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August 10, 2010, 04:33:03 AM
 #7

So, who is working on this project?

Anonymous
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August 10, 2010, 05:19:07 AM
 #8

Before solving the difficult "submission and satisfaction" part, I'd love to find a way to pay into a pool, even if that pool is controlled (received/arbitrated) by one person.

For example, bounty for some public good (SSE4.2 optimization or somesuch).  I just want a way to send coins out to be 'held' in escrow until some agreed arbiter releases them.

In the event the deadline arrives, there should be an easy way to "refund" all the coins back where they came from.

The irreversible and anonymous nature of bitcoins makes this really attractive, since the "doer" knows precisely how many coins are pending, and the donors don't need to identify themselves.

Yeah freelancer or odesk isnt appropriate though they offer some of the functionality.
Anonymous
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August 10, 2010, 05:19:37 AM
 #9

So, who is working on this project?


Whoever wants too!!
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August 10, 2010, 05:53:31 AM
 #10

Really, it's just the refunding that's difficult.

If I post a btc address, and everyone agrees that I'm a trustworthy treasurer, I can receive the escrow/bounty just fine.  Further, with the right not-yet-extant tools, anyone could see the accumulated total (so no trust is required there).  That's very cool.  So that becomes the more general coin-tracking problem -- figuring out the total credits in any one address.

The problem comes if I want to refund the bounty to the respective donors.  That seems impossible without adding something to identfy the payer (IP address).  Hmm.

Bitcoin accepted here: 1HrAmQk9EuH3Ak6ugsw3qi3g23DG6YUNPq
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August 10, 2010, 06:11:23 AM
 #11

I'm not sure if this is related, but I think it is.  As I was searching through the forum and also with some collaboration with jgarzik on IRC, I prepared http://www.bitcoin.org/wiki/doku.php?id=list_of_patches and particularly learned more about listtransactions patch http://bitcointalk.org/index.php?topic=611.0

I believe that patch may be useful in some way.
Anonymous
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August 10, 2010, 06:57:07 AM
 #12

Really, it's just the refunding that's difficult.

If I post a btc address, and everyone agrees that I'm a trustworthy treasurer, I can receive the escrow/bounty just fine.  Further, with the right not-yet-extant tools, anyone could see the accumulated total (so no trust is required there).  That's very cool.  So that becomes the more general coin-tracking problem -- figuring out the total credits in any one address.

The problem comes if I want to refund the bounty to the respective donors.  That seems impossible without adding something to identfy the payer (IP address).  Hmm.

Probably need to secure ip first  Cheesy
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August 10, 2010, 08:47:22 AM
 #13

Really, it's just the refunding that's difficult.

If I post a btc address, and everyone agrees that I'm a trustworthy treasurer, I can receive the escrow/bounty just fine.  Further, with the right not-yet-extant tools, anyone could see the accumulated total (so no trust is required there).  That's very cool.  So that becomes the more general coin-tracking problem -- figuring out the total credits in any one address.

The problem comes if I want to refund the bounty to the respective donors.  That seems impossible without adding something to identfy the payer (IP address).  Hmm.

The 'from' Bitcoin address is stored in the transaction, you don't need any extra information.
Sending money back where it came from is not difficult.
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August 10, 2010, 09:54:03 AM
 #14

Really, it's just the refunding that's difficult.

If I post a btc address, and everyone agrees that I'm a trustworthy treasurer, I can receive the escrow/bounty just fine.  Further, with the right not-yet-extant tools, anyone could see the accumulated total (so no trust is required there).  That's very cool.  So that becomes the more general coin-tracking problem -- figuring out the total credits in any one address.

The problem comes if I want to refund the bounty to the respective donors.  That seems impossible without adding something to identfy the payer (IP address).  Hmm.

The 'from' Bitcoin address is stored in the transaction, you don't need any extra information.
Sending money back where it came from is not difficult.

Why doesn't this show up in the client? Am I blind?

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August 10, 2010, 02:51:43 PM
 #15

Why doesn't this show up in the client? Am I blind?

Good question. No.
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August 10, 2010, 03:53:54 PM
 #16

Seriously?  The From bc address is right there in the transaction?  That would be great.
My clients show only the address the payment was *to*, not from.

I'd love to set up a receive address that maintains (in the client?) the sources of all funds, and has a "return to payer" feature.

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theymos
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August 10, 2010, 08:26:29 PM
 #17

Transactions are usually from many different addresses (maybe hundreds), so you can't show them in the "all transactions" list.

Returning a payment to one of these addresses would be confusing, since they would see a payment going to an address they created for some one-time thing months ago or whatever. They'd have no way of knowing it was from you. The client could be modified to detect this, though.

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August 10, 2010, 08:28:42 PM
 #18

Transactions are usually from many different addresses (maybe hundreds), so you can't show them in the "all transactions" list.

Returning a payment to one of these addresses would be confusing, since they would see a payment going to an address they created for some one-time thing months ago or whatever. They'd have no way of knowing it was from you. The client could be modified to detect this, though.

What about showing the one(?) address to which the change was sent? Is there a change address if change happens to be 0?

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August 10, 2010, 08:31:14 PM
 #19

What about showing the one(?) address to which the change was sent? Is there a change address if change happens to be 0?

There isn't. Good idea, though -- there would be a single change address in almost all cases.

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August 10, 2010, 08:40:12 PM
 #20

Transactions are usually from many different addresses (maybe hundreds), so you can't show them in the "all transactions" list.

Returning a payment to one of these addresses would be confusing, since they would see a payment going to an address they created for some one-time thing months ago or whatever. They'd have no way of knowing it was from you. The client could be modified to detect this, though.

If you know there is the possibility of a return, you just do another transaction to a new address before the actual transaction so it is only coming from one address.

Or you could just make sure the first listed transaction from address was the one you wanted to be the 'return address'
Would probably require slight client modification, but should be simple to do.
Then we just agree on the standard. (which is all the system is anyway.)

Are transactions allowed to have input addresses with a zero balance?

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