[Passed] Grant for NSR buyback and PPC reserve operation calculator

Cybnate 2016-04-09 04:05:20 UTC #13

As you know I’m not a great fan of this because of centralisation (FLOT operating as a foundation) and transparency. To maintain transparency to the Shareholder, it requires FLOT to produce monthly or quarterly overviews of their books. Did you check with the team whether they are good with that?
I would rather see a grant proposal after 3 months where you present your services to the Shareholders and justify the costs.

Governance, representatives, delegates

mhps 2016-04-09 06:08:18 UTC #14

Producing report regularly is not a trivial thing to ask. I don’'t want to single out this one proposal of mine. I think a procedure needs to be defined among individuals who produce work, the FLOT, and the shareholders. Such procedure shouldn’t give too much discretion power to the FLOT, or burden shareholders with too many votings, or choke off contribution and innovation with too much bureaucracy. Maybe a dedicated thread should be open for this.

Anyway for this proposal, I am fine with being paid by a grant. Would you (and other shareholders) think this modification (bold) in 2a is good

The payment will be made by a grant proposal at the end of the 3-month term.

Cybnate 2016-04-09 07:26:43 UTC #15

A few has tried, this is a topic with many questions and very few answers. It requires a certain consensus which will be difficult. That is why I asked in the first place when you presented this as payable by FLOT.

As said, I’m good with that hope it pleases other Shareholders too.

mhps 2016-04-09 08:24:37 UTC #16

Modification applied to the OP. Any more comments and suggestions?

Cybnate 2016-04-09 10:19:29 UTC #17

@cryptog , @crypto_coiner?

mhps 2016-04-10 06:04:02 UTC #18

I see @cryptog liked PO. If there is no other comments I consider put the proposal on voting in 12 hrs.

mhps 2016-04-10 20:12:43 UTC #19

I have added the B address and put the proposal on voting.

masterOfDisaster 2016-04-10 20:31:14 UTC #20

What about hashing it?
If @assistant is asleep you can use Daology to conveniently hash motions or grants.

mhps 2016-04-10 22:09:29 UTC #21

Oh yes. Who to ping to wake up assistant? It is down. I didn’t figure out how to write a proposal on daology. can it verify a hash?
I am traveling. Have to sign off now.

Sentinelrv 2016-04-10 23:27:59 UTC #22

@woolly_sammoth

Cybnate 2016-04-11 07:35:42 UTC #23

Will add to my datafeed once hashed.

mhps 2016-04-11 09:38:09 UTC #24

@woolly_sammoth, assistant seems to be down again.

woolly_sammoth 2016-04-11 09:42:03 UTC #25

I’ve given it a second kick and it seems to have hashed your proposal.
I need to re-examine my last fixes, it works initially but then the main loop that checks the forum for private messages and mentions seems to get stuck.
It’s on the list.

crypto_coiner 2016-04-11 11:18:58 UTC #26

Sorry for the delay –
Payment by a grant instead of FLOT would have been my main suggestion – thanks for putting it forth.

cryptog 2016-04-11 13:45:22 UTC #27

looks reasonable. Voting.

mhps 2016-04-13 06:19:05 UTC #28

Hashed 87b0a95d87f3a1194ac51bcc0291bd135a2d06c7. Hash added to OP.

I didn’t want to use daology to hash because I feel that assistant is more consistant. But assistant has been unavailable or refuses to think the nbt address was valid (It received test send) so in the end I hashed with daology.

crypto_coiner 2016-04-16 00:21:53 UTC #29

I will add that to my voting data feed

mhps 2016-04-19 00:23:53 UTC #30

Vote is 44% but SDD is already 53%. Some old shares are voting for this.

mhps 2016-04-20 00:33:49 UTC #31

Grant passed. Thank shareholders for their appreciation and trust. I will put the calculator on github in 24 hr (have to write a readme and add some comments).

I hope more development will come forward.

mhps 2016-04-20 19:46:27 UTC #32

Calculator is now opensource with MIT license at https://github.com/mh001/buybackcalc