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Earn $4 in bitcoins for any commit to sferik/t, a command-line Twitter tool

tip4commit.com

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Re: Earn $4 in bitcoins for any commit to sferik/t, a command-line Twitter tool

#51

Post by glomph »

tinco wrote: post #41

I hate to be a party pooper here, but if this project would ever take off, and the project would receive serious amounts of bitcoin that would mean that serious amount of bitcoin would have to be managed and secured by whoever runs that project. The past has shown that everyone, even persons who run e-wallets and currency exchanges, severely underestimates the amount of security such an endeavour requires. There's a…

Escrow is only really viable if you know the future recipient or if you can depend on the sender to return to approve transactions. Seems difficult to fit it to this type of situation.

Re: Earn $4 in bitcoins for any commit to sferik/t, a command-line Twitter tool

#52

Post by sferik »

The problem with this funding model is that it encourages fluff pull requests, such as this one: https://github.com/sferik/t/pull/138/files.

If there was no financial incentive, I would probably merge it but now I'm questioning the motivations of the committer. If I merge this, it means there will be less money for someone else, who makes a more significant contribution in the future.

Personally, I prefer Gittip’s model to incentivize open-source contributions, if only because it doesn’t create this kind of noise for project maintainers.

Re: Earn $4 in bitcoins for any commit to sferik/t, a command-line Twitter tool

#53

Post by rthomas6 »

edavis wrote: post #35

Projects like these is where Bitcoin can really shine. Maybe Bitcoin will conquer the world, maybe it won't. I have no idea. What I do know is there is real utility in being "electronic petty cash" which Bitcoin can easily become. Imagine: Alice sends Bob a few bitcoins after Bob writes a particularly insightful comment on HN. Bob then comes across a great blog post by Charlie and sends him a few bitcoins. Charlie th…

Someone on Reddit made a bot that implements this functionality site-wide. You can say "+/u/bitcointip @Username $1" in a comment or message, and the bot will send $1 worth of bitcoins out of your balance to that user. If they don't have a Reddit Bitcoin wallet, it creates one when they get sent coins. The bot also has denominations of beer ($3.64), coffee ($1.38), and internet ($0.25).

Re: Earn $4 in bitcoins for any commit to sferik/t, a command-line Twitter tool

#54

Post by tinco »

slg wrote: post #48
tinco wrote: post #41

I hate to be a party pooper here, but if this project would ever take off, and the project would receive serious amounts of bitcoin that would mean that serious amount of bitcoin would have to be managed and secured by whoever runs that project. The past has shown that everyone, even persons who run e-wallets and currency exchanges, severely underestimates the amount of security such an endeavour requires. There's a…

If only there was some party out there that could protect us from things like this. Possibly even insuring us in the case of something going really wrong and the person holding our money loses it all. They could also establish rules that anyone holding money would have to comply with in order to be certified as safe. Wouldn't that be grand...

It would be grand indeed. It would even be more grand if a small project like this would be able to partake in that party's service without paying thousands of dollars for audits, registration fees, insurance fees and such.

But perhaps it would be more grand if that expensive and bureaucratic third party could just be avoided with a smart technical solution :)

Re: Earn $4 in bitcoins for any commit to sferik/t, a command-line Twitter tool

#55

Post by yelnatz »

Smirnoff wrote: post #49
olalonde wrote: post #45

Earlier quoted context omitted.

It's fairly easy to send USD online if you own a credit card and bank account, but receiving money is a whole lot harder. It's also harder to do it with the degree of anonymity that Bitcoin provides and without the risk of your payment provider freezing your funds or banning you from using their service.

bitcoins don't provide anonymity.

Bitcoin provides anonymity in the way that it doesn't anchor its addresses with your real life identity.

Yes, the addresses are public, but there isn't a way to prove who's who according to addresses alone.

Unless of course you publicly attach your identity to one.

Re: Earn $4 in bitcoins for any commit to sferik/t, a command-line Twitter tool

#56

Post by 1qaz2wsx3edc »

sferik wrote: post #52

The problem with this funding model is that it encourages fluff pull requests, such as this one: https://github.com/sferik/t/pull/138/files . If there was no financial incentive, I would probably merge it but now I'm questioning the motivations of the committer. If I merge this, it means there will be less money for someone else, who makes a more significant contribution in the future. Personally, I prefer Gittip’s m…

I don't know. I find gittip's model mostly rewards popular coders.

Where as tip4commit, rewards are not influence by popularity. I do see how fluff pulls could drain the pool. One needs to ask: Is changing a typo worth $4 dollars? Is it worth my time to do it? Maybe I should just click that merge button.

In my opinion bountysource is the best reward system, as it gives context, popularity is a boon, and it shouldn't generate fluff.

Just my two cents.

Re: Earn $4 in bitcoins for any commit to sferik/t, a command-line Twitter tool

#58

Post by alxndr »

sferik wrote: post #52

The problem with this funding model is that it encourages fluff pull requests, such as this one: https://github.com/sferik/t/pull/138/files . If there was no financial incentive, I would probably merge it but now I'm questioning the motivations of the committer. If I merge this, it means there will be less money for someone else, who makes a more significant contribution in the future. Personally, I prefer Gittip’s m…

What if the merger were able to modify the tip amount?

A project could have a standard of, say, 0.5% for typo fixes, 1% for documentation, 2% for refactoring which improves Code Climate or coverage statistics...

Re: Earn $4 in bitcoins for any commit to sferik/t, a command-line Twitter tool

#59

Post by arsenische »

sferik wrote: post #52

The problem with this funding model is that it encourages fluff pull requests, such as this one: https://github.com/sferik/t/pull/138/files . If there was no financial incentive, I would probably merge it but now I'm questioning the motivations of the committer. If I merge this, it means there will be less money for someone else, who makes a more significant contribution in the future. Personally, I prefer Gittip’s m…

IMO if this commit is useful - accept it. It will reduce the next reward by only 1%. Sooner or later all the simple ways to get tips will exhaust. The project will be a bit closer to perfection. And maybe you will have one more happy developer.
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