IntroductionBudget workers serve as a budget that can be tapped whenever it is needed for purposes defined in the individual budget workers. This serves as working budget that is more flexible then static escrow workers in the way that it allows to pay many different people for their support out of a single purpose-specific fund. In a sense, you can see the famous BitShares-UI worker as a budget worker that is managed by @billbutler. With this worker, we've seen a flourishing development, countless improvements throughout the last couple of months and see need for further budgets.
This thread serves as a general discussion thread about the idea of budget workers and to list the budgets as they become ready for voting.
Budget FundsBudget workers serve as workers that provide capital for specific purposes where escrow workers do not fit, such as translation work, bug fixing or bounties. The rules are as follows:
* BitShares Blockchain Foundation has an account (workers.bitshares.foundation) that is co-owned by committee-account and escrow partners.
* The BBF will redeem these funds on a regular basis and buy up bitUSD from the market (with reasonable premiums).
* For this reason and due to volatility of BTS, the available budget in USD terms might vary over time.
* The budget is controlled by bitshares.foundation who serves as an independent entity to supervise payouts.
* The amounts available for individual budgets can be obtained through transparent account (
http://bitshares.foundation/accounting)
Beneficiaries of this models need to authenticate themselves against the BitShares Blockchain Foundation with their real-world identity.
Properly formatted invoices need to be sent that are published in the BBF's website.
Payments will be made only after receiving and approving individual invoices!
Of course, budget that is not used belongs to the BitShares DAC and will ultimately be returned to the BitShares reserves.
BudgetsTranslations into (Simplified) Chinesehttp://www.bitshares.foundation/worker/budget/2018-01-budget-chinese-translationsAccounting Report:
http://www.bitshares.foundation/announcements/2018-01-16-worker-accounting-reportLooking forward to the discussion.