{"id":44016,"date":"2022-12-15T21:03:53","date_gmt":"2022-12-15T21:03:53","guid":{"rendered":"https:\/\/kaspa.org\/?p=44016"},"modified":"2022-12-28T13:39:26","modified_gmt":"2022-12-28T13:39:26","slug":"kaspa-where-to-part-iii","status":"publish","type":"post","link":"https:\/\/kaspa.org\/kaspa-where-to-part-iii\/","title":{"rendered":"Kaspa where to (Part III)"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.16″ global_colors_info=”{}” min_height=”1260px”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.19.4″ text_font_size=”16px” text_line_height=”1.4em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

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\n

BY: Yonatan Sompolinsky<\/a><\/p>\n

Sharing below quick thoughts on development funding models and sustainability, and on the next grant request, with the hopes that my incentive biases do not contaminate my thought process too much:<\/p>\n

    \n
  1. DAGKNIGHT (DK) was an academic effort by Sutton and myself, conceived on the New Year of Trees,\u00b9 and released to the open three years later, on the 14th anniversary of Satoshi\u2019s WP release. As its birth-givers, we obviously wish to observe its impact on real-world systems, and it doesn\u2019t get more real than Kaspa. The protocol still requires some (presumably, our) attention before standing on its own feet, and we detailed the main TODOs in KIP #2<\/a>.<\/li>\n
  2. One operation mode would be to work on this for the sole sake of bringing our research into fruition, in \u201cweekend project\u201d mode, with no other incentive in play. This path is perhaps the default one in the gift culture of open-source, indeed one which DAGlabs RIP converged on when releasing Kaspa mainnet with neither a premine nor a heads-up on mining nor any founders\u2019 rewards or the likes.<\/li>\n
  3. Another operation mode, popularized by Gitcoin<\/a>, is to receive a grant from the community in exchange for code contribution, occasionally with some milestones or\/and timeline commitment. This mode is the prevailing custom in Kaspa community, and accordingly, we are publishing today a grant proposal. The grant request is for 70 MKAS, which is ~0.5% of the circulating supply. For comparison, the previously funded grant was 100 MKAS, which was ~1% of the circulating supply.
    My thought process here is to consider a hypothetical senior software engineer, Alice, with relevant domain expertise. When planning her path forward, Alice will seek either stability or opportunity, and in particular, will typically not consider a short-term day job for the same paycheck she\u2019d receive for a long-term one. With this in mind, it makes little sense to denominate in USD deep-tech Kaspa grants (instability), rather they should be expressed in KAS terms (opportunity).
    The same mental mode was behind the denomination of the previous grant in KAS, which was at the time greatly off the ballpark salary for the relevant devs. Hence the KAS denomination of this grant proposal too. The 0.5% ask seems reasonable to biased me, especially when benchmarked against the previous grant.<\/li>\n
  4. The community accepting the grant is by no means a necessary condition for having DK implemented on Kaspa \u2014 Sutton and I will attempt at implementing it regardless, since, again, there exists already a non-materialistic incentive for us to do so. However, since we are not saints, this will be done in our spare time with non-committal or unspecified timeline.<\/li>\n
  5. A third operation mode, which exists in open-source environments, is to find a for-profit enterprise around an open-source layer, which naturally incentivizes the entity to allocate resources to further development of the kernel. E.g., IBM\u2019s symbiotic relationship with Linux. This path has the highest potential for long-term sustainability, though, of course, a for-profit entity would have its own priorities, and thus the timeline for DK execution would remain equally ambiguous.
    I imagine this model could more realistically materialize around smart contracts, which are in arm\u2019s reach from financial innovation opportunities. In contrast, DK is strictly an infra development and has little to do with the app layer.<\/li>\n<\/ol>\n<\/div>\n
    <\/div>\n
    \n

    [1] More on trees\u2019 new year here<\/a>. We submitted a JIP to upgrade this holiday and include DAGs, but the committee couldn\u2019t reach consensus.<\/p>\n<\/div>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

    BY: Yonatan Sompolinsky Sharing below quick thoughts on development funding models and sustainability, and on the next grant request, with the hopes that my incentive biases do not contaminate my thought process too much: DAGKNIGHT (DK) was an academic effort by Sutton and myself, conceived on the New Year of Trees,\u00b9 and released to the […]<\/p>\n","protected":false},"author":1,"featured_media":44018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"

    \"\"<\/p>

    BY: Yonatan Sompolinsky<\/a><\/p>

    Sharing below quick thoughts on development funding models and sustainability, and on the next grant request, with the hopes that my incentive biases do not contaminate my thought process too much:<\/p>

    1. DAGKNIGHT (DK) was an academic effort by Sutton and myself, conceived on the New Year of Trees,\u00b9 and released to the open three years later, on the 14th anniversary of Satoshi\u2019s WP release. As its birth-givers, we obviously wish to observe its impact on real-world systems, and it doesn\u2019t get more real than Kaspa. The protocol still requires some (presumably, our) attention before standing on its own feet, and we detailed the main TODOs in KIP #2<\/a>.<\/li>
    2. One operation mode would be to work on this for the sole sake of bringing our research into fruition, in \u201cweekend project\u201d mode, with no other incentive in play. This path is perhaps the default one in the gift culture of open-source, indeed one which DAGlabs RIP converged on when releasing Kaspa mainnet with neither a premine nor a heads-up on mining nor any founders\u2019 rewards or the likes.<\/li>
    3. Another operation mode, popularized by Gitcoin<\/a>, is to receive a grant from the community in exchange for code contribution, occasionally with some milestones or\/and timeline commitment. This mode is the prevailing custom in Kaspa community, and accordingly, we are publishing today a grant proposal. The grant request is for 70 MKAS, which is ~0.5% of the circulating supply. For comparison, the previously funded grant was 100 MKAS, which was ~1% of the circulating supply.
      My thought process here is to consider a hypothetical senior software engineer, Alice, with relevant domain expertise. When planning her path forward, Alice will seek either stability or opportunity, and in particular, will typically not consider a short-term day job for the same paycheck she\u2019d receive for a long-term one. With this in mind, it makes little sense to denominate in USD deep-tech Kaspa grants (instability), rather they should be expressed in KAS terms (opportunity).
      The same mental mode was behind the denomination of the previous grant in KAS, which was at the time greatly off the ballpark salary for the relevant devs. Hence the KAS denomination of this grant proposal too. The 0.5% ask seems reasonable to biased me, especially when benchmarked against the previous grant.<\/li>
    4. The community accepting the grant is by no means a necessary condition for having DK implemented on Kaspa \u2014 Sutton and I will attempt at implementing it regardless, since, again, there exists already a non-materialistic incentive for us to do so. However, since we are not saints, this will be done in our spare time with non-committal or unspecified timeline.<\/li>
    5. A third operation mode, which exists in open-source environments, is to find a for-profit enterprise around an open-source layer, which naturally incentivizes the entity to allocate resources to further development of the kernel. E.g., IBM\u2019s symbiotic relationship with Linux. This path has the highest potential for long-term sustainability, though, of course, a for-profit entity would have its own priorities, and thus the timeline for DK execution would remain equally ambiguous.
      I imagine this model could more realistically materialize around smart contracts, which are in arm\u2019s reach from financial innovation opportunities. In contrast, DK is strictly an infra development and has little to do with the app layer.<\/li><\/ol><\/div>
      \u00a0<\/div>

      [1] More on trees\u2019 new year here<\/a>. We submitted a JIP to upgrade this holiday and include DAGs, but the committee couldn\u2019t reach consensus.<\/p><\/div>","_et_gb_content_width":"","inline_featured_image":false},"categories":[27,13],"tags":[],"yoast_head":"\nKaspa where to (Part III) - Kaspa<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kaspa.org\/kaspa-where-to-part-iii\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kaspa where to (Part III) - Kaspa\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kaspa.org\/kaspa-where-to-part-iii\/\" \/>\n<meta property=\"og:site_name\" content=\"Kaspa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/KaspaCurrency\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-15T21:03:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-28T13:39:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kaspa.org\/wp-content\/uploads\/2022\/12\/1OtAOvUQWxyHVhk_XAZg57Q.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"kaspa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@KaspaCurrency\" \/>\n<meta name=\"twitter:site\" content=\"@KaspaCurrency\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"kaspa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/kaspa.org\/kaspa-where-to-part-iii\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/kaspa.org\/kaspa-where-to-part-iii\/\"},\"author\":{\"name\":\"kaspa\",\"@id\":\"https:\/\/kaspa.org\/#\/schema\/person\/a3197bf932b4ea9a53f480744d64974d\"},\"headline\":\"Kaspa where to (Part III)\",\"datePublished\":\"2022-12-15T21:03:53+00:00\",\"dateModified\":\"2022-12-28T13:39:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/kaspa.org\/kaspa-where-to-part-iii\/\"},\"wordCount\":664,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/kaspa.org\/#organization\"},\"articleSection\":[\"DAG KNIGHT\",\"Technology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/kaspa.org\/kaspa-where-to-part-iii\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/kaspa.org\/kaspa-where-to-part-iii\/\",\"url\":\"https:\/\/kaspa.org\/kaspa-where-to-part-iii\/\",\"name\":\"Kaspa where to (Part III) - 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The event aimed to highlight the importance of community-driven marketing efforts and\u2026","rel":"","context":"In "General"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/kaspa.org\/wp-content\/uploads\/2023\/03\/FsfGMLBX0AE2nbM.jpeg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":44906,"url":"https:\/\/kaspa.org\/kaspa-twitter-space-chad-ballantyne-of-rhubarb-media\/","url_meta":{"origin":44016,"position":4},"title":"Kaspa Twitter Space\u200a\u2014\u200aChad Ballantyne of Rhubarb\u00a0Media","date":"March 31, 2023","format":false,"excerpt":"March 31st, 2023, at 5 PM EST\u200a\u2014\u200aHosted by @BubblegumLtng Kaspa Twitter Space with Rhubarbarian Bubblegum Lightning\/@BubblegumLtng and Wolfie\/@Kaspa_HypeMan are hosting an upcoming Kaspa Twitter Space to discuss the Community Marketing Fund (CMF) and the crowdfund for the marketing initiative led by community contributor Rhubarbarian\/@ChadBallantyne. 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Android Test Wallet iOS Test Wallet Kaspium Source Code Kaspium Initial\u00a0Setup Though Kaspium\u2026","rel":"","context":"In "General"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/kaspa.org\/wp-content\/uploads\/2023\/02\/0_fTQyl2Sq1x6aNgJN.webp?fit=1050%2C591&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/posts\/44016"}],"collection":[{"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/comments?post=44016"}],"version-history":[{"count":7,"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/posts\/44016\/revisions"}],"predecessor-version":[{"id":44140,"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/posts\/44016\/revisions\/44140"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/media\/44018"}],"wp:attachment":[{"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/media?parent=44016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/categories?post=44016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kaspa.org\/wp-json\/wp\/v2\/tags?post=44016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}