Monero Economy Workgroup - The MEW Thread

[Monero Economy Workgroup]

Q. Who belongs to it now?
A: Last count (September 25) is more than 50 members.

[Monero Economy Workgroup]

Q: What is required for joining?
A:
Short answer
Post a entry similar to this one.
Votes + fees               : 10 xmr
registered IRC handle :  farfi
We will PM you with the payment ID to use for your transfer
By default, identity and amounts are public. If you don't your membership to be advertised, send us a PM instead of posting.

Minimum votes     : 10 XMR (soon more)
Maximum votes    : 1000 XMR
Granularity            : 1 XMR
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Instructions to IRC and register your handle
An alternative summary
1 XMR = 1 vote. Vote are perpetual. One can upgrade or downgrade at any time. The annual fee to keep the voting rights is only 10% of the one-time fee.

MEW address:

Code:

42gbSzPvogMAdXxqJTTF9FPhaBxaeW4FmQKdKxfYot3qSHxDsaXB1s9GY3EzqjqkaADr7f65vSTxDb4h1t98LzM25VvZQyN

How to add a payment ID:

• If you use an exchange, find the generate payment id button or generate one with the methods below)
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• If you're on Windows or a mobile, type exactly 64 hexadecimal characters (0-9 and A-F, case insensitive)

Sample syntax for simplewallet (with 100 XMR):

Code:

transfer 0 42gbSzPvogMAdXxqJTTF9FPhaBxaeW4FmQKdKxfYot3qSHxDsaXB1s9GY3EzqjqkaADr7f65vSTxDb4h1t98LzM25VvZQyN 100 0123456789ABCDEF0123456789ABCDEF0123456789ABCDEF0123456789ABCDEF

How to register a nick on Freenode:

• Connect to freenode. You can download Hechat for that.
• Type the following commands
  /nick <new_nick>
  /ns register <password> <email>
  /ns identify <password>
  The first command allows you to change you nick, if needed. The second one allows you to register your nick - if you forget your password, you could reinitialise it with your email. The third command is to identify yourself once you're registered (registration doesn't identify by itself, hence this last command)
• Check that you indeed are registered with
  /msg nickserv info <nick>
• Configure your client for auto identification upon startup (with Hexchat: network list, select freenode, then choose authentification method PASS then type your password.
• Optionally, ask to autoconnect to #monero-mew (with Hexchat: network list, select freenode, auto join these channels, add #monero-mew, leave password blank).

Note that you won't be able to actually connect on #monero-mew before you handle as been confirmed. If you leave IRC open, you will receive an IRC invite once it is done. Confirmation is manual, so it can take anything from 1 hour to 2 days.

[Monero Economy Workgroup]

List outdated
New list: https://xmrmonero.com/list-mew-members

Member list

By default, the member list is public. People who would like not to be mentionned will have to state it publicly. The amounts below are the amounts actually received.

Donators up to 1,000 XMR - 6th dan monero superheros with 1 crate of Diamonds

Articmine	1000
rpietila	1000
Noodle Doodle	1000

Donators up to 500 XMR - 5th dan monero superheros with piles of Rhodium

smooth	500
aminorex	500
McHaggis	300
ceger	300
oda.krell	300
Warz	250
pa	250
Quicken	210

Donators up to 200 XMR - 4th dan monero superheros with bars of Platinum

David Latapie	200
NewLiberty	110

Donators up to 100 XMR - 3rd dan monero heros with coins of Gold

fluffypony	100
Lloydimiller4	100
dEBRUYNE	100
iourzzz	100
luigi1111	100
saddambitcoin	100
Johnny Mnemonic	100
xulescu	100
RaskaRuby	100
bobabouey2	100
othe	51

Donators up to 50 XMR - 2nd dan monero heros with a stash of Silver

antw081	50
Shrikez	50
dnaleor	50
Quanttek	50
wpalczynski	50
statdude	50
TroyC (IRC)	50
Ultros	40
Ale	40
Atrides	30
Arux	25
owlcatz	10

Donators up to 20 XMR - 1st dan monero heros with a hoard of Copper

nagrom1981	20
myagui	20
papa_lazzarou	20
rfcdejong	11

Donators up to 10 XMR - 1st kyu monero supporters with a bale of high quality hygiene paper
(not available after the 16^th of october 2014)

Nekomata	10
GreekBitcoin	10
lordfoo	10
infofront	10
farfiman	10
nioc	10
vuduchyld	10
equipoise	10
wedgy2k	10

[Monero Economy Workgroup]

Everyone please read "How to register a nick on Freenode:" above for instructions for connecting to the invite-only IRC channel on freenode.

[David Latapie]

Summary of two posts by NewLiberty regarding a proposed itemised agenda:

(source 1 source 2)

1. WIF (wallet import format) for private keys and seed defined and implemented (import/export RPC and CLI methods)
Needed for  paper wallets, coin-wallets....
Rationale: There are lead times for making items that can be quite long in some cases.  Having this will start the clock rolling on that.  So I put it first.

2. OTK Address and transaction signing (one time key).
This feature allows proof of ownership of an address, or a transaction.  This should include format definition and the methods implemented.
Rationale: This is something business and accounting will require.  To me, the killer app for Monero is not the "I fear my government" folks.  No, it is the 100% legal high finance and multinational business enterprises internal settlement accounts.
Here's why: If you are the C-level exec doing business internationally, and you are looking to expand in a foreign region, you are going to run up against entrenched interests.  In many/most areas, these will include the local banking systems.  If you want to keep your business advantage of first mover and avoid industrial espionage risks letting the in-country folks collude against you, you want a way to move your money within your company in private OUTSIDE THE BANKING SYSTEMS. Sure you could use Bitcoin for this, but with its public ledger, if the opposition has half a clue, they can track it.  Sure you could take steps to obfuscate the transactions, but then you can't delegate it to your low level functionaries.
MONERO solves these problems in ways we do not expect Bitcoin to address anytime in the near future.
And here's the kicker, that market is 100x what Bitcoin is today.  Even if the only one doing it was Apple Computer, it would overwhelm the total market cap of Bitcoin today, and there are 10,000 companies in this situation.
It's #2 because there are a lot more pieces needed to do this, but this one is crucial.  It will have to be perfectly internally auditable, and perfectly obfuscated externally.

3. AUTH Develop and implement HTTP/HTTPS/RPC simple authentication between components.
This allows merchants to run the daemon on a separate server and communicate securely.  (not every waiter in the restaurant has to have a full block chain on their bill pay device)
Rationale: Small and Medium Enterprise function.  Merchants will need this.

4. GRACE Upgrade error handling in the daemon to either use a "graceful shutdown"
Better stability of bitmonerod by determining if it is necessary to shut down (absolute worst case), or retry indefinitely. the daemon should only die under the most dire of circumstances, and provide alarmable output for manual intervention and remediation.
Rationale: for basic reliability.  We have to have usage, but when they have it, it needs to not break.  I think if we asked our developers to do them in this order, we would be well suited to engage marketing solutions more swiftly.

I suggest we vote on it and then start rolling. I'm feeling MEW is facing the writer's block at this moment and this would break the ice.

I would personnally add a pure MEW item, parallel to the others: conquer the Asian market. We are strong in Northern America and Europe, but not in the Asia, which is the biggest market (more particularly China).

[farfiman]

sent : 10 xmr
id     : 61235153c1459d8ba8206f40e30219b7ee40b105c18a3dc8348f255a20cc64f7
irc    :  farfi

[Monero Economy Workgroup]

I was going to ask about this, where is our chatroom but it seems David is inviting the members to a channel on freenode, btw, I know from previous experiences that freenode is not safe to anything that must be kept private, their ircops pry, I suggest we open our own irc server.

The address of the IRC channel is now bigger and more explicit on the OP.

[bobabouey2]

sent : 100 xmr
id     : 0918858bb126b255b7443f86fe9f481da05392c42ea5881dc5cfa51bf2846ba1
irc    :  Bobabouey

[binaryFate]

Sorry if the info is somewhere in the thread, I didn't see it in the FAQ, and have no time to crawl through.
50% of the subscription fees goes to the devs to support development *immediately*, right?

[rpietila]

Sorry if the info is somewhere in the thread, I didn't see it in the FAQ, and have no time to crawl through.
50% of the subscription fees goes to the devs to support development *immediately*, right?

Immediate answer: Yes.

[binaryFate]

Sorry if the info is somewhere in the thread, I didn't see it in the FAQ, and have no time to crawl through.
50% of the subscription fees goes to the devs to support development *immediately*, right?

Immediate answer: Yes.

Thanks.
Additional selfish question (partly kidding): is it then reported in the hall of fame?

[David Latapie]

Additional selfish question (partly kidding): is it then reported in the hall of fame?

Will be, as MEW (not as individual donators).

[rpietila]

Additional selfish question (partly kidding): is it then reported in the hall of fame?

Will be, as MEW (not as individual donators).

Funny enough, we had a longish discussion about it. Since I am the creator of both some important parts of the MEW and the Community Hall of Fame, I can decide that the MEW votelist ranks higher in precedence. It is a sign of an ongoing commitment, not only of one-time donation.

[smooth]

Additional selfish question (partly kidding): is it then reported in the hall of fame?

Will be, as MEW (not as individual donators).

Funny enough, we had a longish discussion about it. Since I am the creator of both some important parts of the MEW and the Community Hall of Fame, I can decide that the MEW votelist ranks higher in precedence. It is a sign of an ongoing commitment, not only of one-time donation.

Speaking 100% out of personal opinion here, but I found the quirkiness of the MHoF to be more compelling than a relatively dry/official votelist.

I'd suggest merging the two somehow.

[whoknowsthisnose]

sent : 10 xmr
Payment-ID: 55356e2dfcf99bd5c802064439f5479063f0fc49db5c4675772824fe9e07d782
irc: whoknowsthisnose

[rpietila]

Additional selfish question (partly kidding): is it then reported in the hall of fame?

Will be, as MEW (not as individual donators).

Funny enough, we had a longish discussion about it. Since I am the creator of both some important parts of the MEW and the Community Hall of Fame, I can decide that the MEW votelist ranks higher in precedence. It is a sign of an ongoing commitment, not only of one-time donation.

Speaking 100% out of personal opinion here, but I found the quirkiness of the MHoF to be more compelling than a relatively dry/official votelist.

I'd suggest merging the two somehow.

They both have almost identical levels (well the votelist has base metals instead of "wad of green toiletpaper" ) Perhaps David can copy some of the design elements to the official votelist to make it look less official...

[David Latapie]

I created an alternative summary for joining. This is meant as a starting point to help people connecting to IRC. Please mention any way to improve it or better yet, improve it yourself!

An alternative summary

[ceger]

sent: 300 xmr
payment id: 92c0eb3139635948b65999b1f25927894f3966d9485d8dabd4548e27818b87ad

irc: ceger

[smooth]

Additional selfish question (partly kidding): is it then reported in the hall of fame?

Will be, as MEW (not as individual donators).

Funny enough, we had a longish discussion about it. Since I am the creator of both some important parts of the MEW and the Community Hall of Fame, I can decide that the MEW votelist ranks higher in precedence. It is a sign of an ongoing commitment, not only of one-time donation.

Speaking 100% out of personal opinion here, but I found the quirkiness of the MHoF to be more compelling than a relatively dry/official votelist.

I'd suggest merging the two somehow.

They both have almost identical levels (well the votelist has base metals instead of "wad of green toiletpaper" ) Perhaps David can copy some of the design elements to the official votelist to make it look less official...

The last vote list I saw had no levels listed at all. https://bitcointalk.org/index.php?topic=776479.msg9049932#msg9049932

[Monero Economy Workgroup]

3393.5 XMR (half of the registrations) sent to dev fund.
Update: payment_ID is 66a9f92348534366a46768f50bb622a3a4830ade25f8a469159c1a588febf18f