I have read many of your post. It seems that you have seriously put great thought into creating an actual currency. The meaning of currency that I use here is as follows: A unit of account. A medium of exchange. For which the intended use of said currency is to facilitate the exchange of good(s) and/or service(s) on a day to day basis by people in a community, on a peer to peer, local and/or global level.
There are many other examples in post that you have submitted that will support my statement that you get what a currency's functions are. Yet this analysis is beyond the scope of this thread, and so I will be commenting on other of your post shortly.
I will be contributing funds on your project. I have one request. Would you produce an itemized cost statement for the following:
Request for Funding
The total cost of resources for the first 3 months is 0.636 BTC, this covers:
3 months of dedicated server for the project.
Domain name
2 base templates, a public facing informational template, and an "administration" style template similar to blackcoinpool.com/dashboard
A small budget for leasedrigs to use on the testnet and to check block time generation as hashspeed changes rapidly, multipool diff drop mitigation
Thanks much , and I look forward in assisting in making this idea/project become a success over time.
Jay
Thank you Jay
- Dedicated Server (i7/32gb + NAS storage): $80.15 x 3 totalling $240.45
- Themes x2 (user website, stats like blockchain.info): $45
- Domain Name: ~$11
Total expenditure is ~$300, or roughly 0.5 BTC accounting for fluctuation when converting to fiat and any minor fees incurred.
The remaining 0.1 to 0.15 BTC will be used to fund leased rigs for the test chain whilst developing Bitmark. Any rig budget remaining when Bitmark is launched would be used to mine on the main network, and create a dividend to be split between the developer fund and anybody who invested.
Today I have made the pre-release of bitmark/pfennig available (
details here) for testing, perhaps you would like to take a look.
Please do let me know if you have any further questions, or any particular terms to the agreement.
dedicated server usage: publicly it will be used to host the website, a long term stable node, and the first dns seeder. Privately it will be used to cross compile initial releases, to test against pool software, and to build supporting tooling for Bitmark similar to blockchain.info, hence the higher specification of machine and not a generic VPS.It will be a good day when the first Jerky is paid for with Bitmark!
update: 0.2 BTC donation received, only need 0.4 more