I learned about the details of the lean client at InfraCon. I was glad to hear that a lite client could improve the network without doing weighted stake (which I was originally primarily supporting). But when it comes to how the DAO should determine value, this method is completely abstract and void of structure. On an organization level I can’t see how this is a sustainable model.
With this method, for each client release, the DAO should be rewarding 10s of millions of dollars worth of DAO treasury because of the value a new client brings to the network. DAOs have to operate with organization, and there is no organization giving this contribution special treatment over others. What is the purpose of the DAO if not to be an organized entity?
I haven’t worked for PNI since December. I work full time on Node Pilot, so I wouldn’t attribute my comments to the team complaining. The DAO has always had it’s own procedures… which is why we are discussing this. This proposal is asking to be valued in a manner that isn’t sustainable to the organization or consistent with how other client contributors are treated by the DAO.
This notion is creating two classes of contributors. Both are working on the same code, yet the 1% contribution (that isn’t from PNI) is treated differently in the DAO than the 99% contribution. Was not 99% of the code that was forked to built this client from other contributors that got paid wages from the PNI? I don’t see how the 1% should be treated to 10x the yearly salary of a senior dev when this client was started just a few months ago.
There isn’t any organization in suddenly treating the 1% of contributions as a different class than the 99%. This 1% has awesome value, so I’m down to provide an awesome reward… but not an unrealistic reward that creates imbalance.
There is not organization that I can see to this methodology. Reward should not be subjective. It’s been objective in the past when considering rewards for proposals. All proposals for innovation were rewarded according to metics like time and resources involved. This proposal is being structure more as a bounty vs a grant.
What is being ask here is to retroactively create a bounty of $2M for a improved v0 client. This can’t possibly be a sustainable model for DAO, especially one as small as ours.
Frankly, I’m also confused how this plays out in a project that is suppose to have an open-source ethos. How can the DAO treat some newer contributors to an open-source project different from all the developers before them? Gaining new developers, from 3rd parties is awesome, but the DAO can’t provide preferable treatment to different contributors.
The DAO is suppose to compare everyone’s contributions to ensure there is equality and provide an organization that is reliable to all contributors. The ask here is to now NOT compare contributions for this proposal specifically, and that just doesn’t play out as sustainable or equal in the open-source world.
This logic also applies to TH. Doesn’t TH already have the 4th largest pool of nodes? Why should the DAO provide these contributors 1/6 of it’s treasury if this will save TH millions of $ already? With TH’s level of profits already coming from the POKT ecosystem, this improvement also has a self serving element, which in the open-source world would be justification enough for contributing to the open-source code, which the business has been leveraging for profit for years.
I’m not trying to undermine the contributions here, I’m just really trying to understand why this proposal should be differently and these contributions be treated with a substantial DAO payment. I feel like I’m a broken record here but there has to be structure, suitability, and equality with the DAO funds.