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Offline ripplexiaoshan

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Is bounty way for development a good way?
« on: January 02, 2014, 09:08:26 PM »

I found that in the subforum--Bountiful Bounties, many key development issues are resolved by bounty. So I wonder, are there enough full-time talented programmers in 3I? After all, bounty can not guarantee the stability of development and the long time maintenance or update afterwards. I think this could a main reason for that the keyhotee was delayed? Anyway, keyhotee actually is relatively simple and  has little innovation compared with the sophisticated Bitshare system. I am worried that if keyhotee is delayed by 1 month, we would expect that Bitshare be delayed by 1 year...
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Offline 5chdn

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Re: Is bounty way for development a good way?
« Reply #1 on: January 02, 2014, 09:47:21 PM »
Keyhotee is developed by a dedicated team of fulltime developes as far as I know. They get paid by Invictus which uses the community funds to do such things.

Afaik all improtant keyfeatures are build buy fulltime devs. The bounties are rather small tasks.

Offline ralphte

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Re: Is bounty way for development a good way?
« Reply #2 on: January 02, 2014, 09:56:26 PM »
You could be right. But even the largest tech company's in the world. Microsoft / Google and many more have bounty's for there software. NOW if we apply your logic then that would mean that first these company's can't attract enough talent to make a product that does not have bugs. Second you apply the logic that only the creator of a code will be able to update or maintain that code. Both of which are not true for example Google employes are some of the highest paid and Google is ranked the number 1 company to work for. I think they have the pick of the litter. But they still have bounty's and even more impressive is that these bounty's do not go unpaid. Anyway I do see where you are coming from in the time frame of Keyhotee and Bitshares. We will see what happens but I do believe that bounty's are not going to hurt anything.

Offline bytemaster

Re: Is bounty way for development a good way?
« Reply #3 on: January 02, 2014, 10:26:16 PM »
Goal of bounties is to attract quality developers so we can hire the best and brightest.  Having been responsible for interviewing/hiring developers for the past 10 years I can tell you that finding quality talent is hard.   It is even harder when you are a startup with less than 6 months under your belt and only $500K in seed funding.   Few developers will work for stock that is not liquid.

I took a calculated risk and increased our burn rate to hire a full time team to work on Keyhotee and they started about 1 month ago.  AGS  was our top priority because without it I couldn't maintain the team required to get everything done.  This team is very focused on Keyhotee.

I am now working to get the BTS stuff developed in parallel and have been recruiting talent.  So far the bounty systems seem to be attracting a lot of attention and things are happening quickly.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline ripplexiaoshan

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Re: Is bounty way for development a good way?
« Reply #4 on: January 03, 2014, 02:20:48 AM »
Now I see. It's indeed a good way for hiring staff.
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Offline coolspeed

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Re: Is bounty way for development a good way?
« Reply #5 on: January 05, 2014, 01:06:27 PM »
Goal of bounties is to attract quality developers so we can hire the best and brightest.  Having been responsible for interviewing/hiring developers for the past 10 years I can tell you that finding quality talent is hard.   It is even harder when you are a startup with less than 6 months under your belt and only $500K in seed funding.   Few developers will work for stock that is not liquid.

I took a calculated risk and increased our burn rate to hire a full time team to work on Keyhotee and they started about 1 month ago.  AGS  was our top priority because without it I couldn't maintain the team required to get everything done.  This team is very focused on Keyhotee.

I am now working to get the BTS stuff developed in parallel and have been recruiting talent.  So far the bounty systems seem to be attracting a lot of attention and things are happening quickly.

Stimulated by what you are doing.
The bounties are so bountiful that I begin to believe developing will surely be accelerated.
Thank you.
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Offline prateek300588

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Re: Is bounty way for development a good way?
« Reply #6 on: January 07, 2014, 05:00:13 PM »
I'm mining PTS,

I just hope PTS is not dumped immediately to convert into BTC, the PTS/BTC rate is lower than it was last week.

Offline muse-umum

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Re: Is bounty way for development a good way?
« Reply #7 on: January 08, 2014, 05:23:58 AM »
I'm mining PTS,

I just hope PTS is not dumped immediately to convert into BTC, the PTS/BTC rate is lower than it was last week.

Be patient. Have some faith.

It's better for you to hold your PTS for the long run if you can't control the market or sell at the very beginning when it drops.

If you believe that 3I can make these unbelievable concepts believable,  then PTS nowadays is just like BTC a year ago.

Offline prateek300588

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Re: Is bounty way for development a good way?
« Reply #8 on: January 08, 2014, 05:42:52 PM »
It just went way lower dude!!

As a miner, I have other considerations as a trader I have different!!
Oh and the difficulty just rose up a bit!

Offline muse-umum

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Re: Is bounty way for development a good way?
« Reply #9 on: January 09, 2014, 12:31:15 AM »
Suggestion: Possible to also have those active bounty topics posted on bitcointalk which has more resources and can bring more attentions?

Offline bytemaster

Re: Is bounty way for development a good way?
« Reply #10 on: January 09, 2014, 12:35:23 AM »
Suggestion: Possible to also have those active bounty topics posted on bitcointalk which has more resources and can bring more attentions?

I think it would be great if someone could support advertising on Bitcointalk.   There is the bounty referral fee so if you post over there and someone signs up to this forum as a result and then wins a bounty you could earn 1 to 10 PTS.   
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline santaclause102

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Re: Is bounty way for development a good way?
« Reply #11 on: January 10, 2014, 06:34:54 PM »
I did some advertisement on bitcointalk of I3 bounties in general, see https://bitcointalk.org/index.php?topic=408981.msg4433910#msg4433910
Hope this is sound as it is...

Offline santaclause102

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Re: Is bounty way for development a good way?
« Reply #12 on: January 10, 2014, 06:54:32 PM »
...it would also be possible to announce every single bounty on bitcointalk. Advantage would be: More attention. Disadvantage might be that people at bitcointalk don't like it when their forum is "hijacked". What do you think?

Offline bytemaster

Re: Is bounty way for development a good way?
« Reply #13 on: January 10, 2014, 07:12:06 PM »
...it would also be possible to announce every single bounty on bitcointalk. Advantage would be: More attention. Disadvantage might be that people at bitcointalk don't like it when their forum is "hijacked". What do you think?

I think we could ask them for advertising space and thus pay for the use of their services?
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline santaclause102

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Re: Is bounty way for development a good way?
« Reply #14 on: January 10, 2014, 08:14:40 PM »
...it would also be possible to announce every single bounty on bitcointalk. Advantage would be: More attention. Disadvantage might be that people at bitcointalk don't like it when their forum is "hijacked". What do you think?

I think we could ask them for advertising space and thus pay for the use of their services?

you mean pay the bitcointalk forum for a child board?  :o

 

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