{"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":"
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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 [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>\n
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
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
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>
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>