Delegate is LIVE - Please vote for bm.payroll.riverhead

In this thread Bytemaster requested the campaigning of helper delegates. My proposal is below. I welcome your thoughts and comments.

Pay: 100%

• 5% - IT Operations
• 95% - Salary paid biweekly

Logistics:

• Primary delegate run on a Digital Ocean VPS based in Singapore
• Backup delegate run on an Amazon Web Services VPS based in Australia
• 250 BTS/month retainer to a backup person in the event riverhead is unable to handle a situation

SLA:

• Block production with 99% reliability
• Payroll transfered to BM's account by 12:30AM EST biweekly (schedule TBD)
• Backup fail over accounts will be pre-coded for instant redirection in the event BM is unable to collect his compensation.
• Compensation will be 57200 BTS biweekly regardless of actual delegate income (i.e downtime comes out of IT Operations revenue)

Almost 10k bitUSD in forced cover.

The recent beating HackerFish is taking over his gift to BTS is a good case in point for why a dedicated allocation token makes sense. With BTS the issue is how to handle the assets (namely their collateral) other DACs will have other issues. It's a mess.


Although this is the PTS subforum I'll create a new thread at the link below if anyone wants to discuss further.

http://pts.cubeconnex.com/index.php?topic=23.0

UPDATE: Proposed Financials (Draft): https://docs.google.com/spreadsheets/d/1q3AQj5qDZiivmk8b1Rj6nQ5upsXikWguSu8IefOexxY/edit?usp=sharing

Folks,

One of the best features of this community is the diversity of talents people are bringing to the table. Finance gurus, true hacker level programmers, marketing experts, social media wizards, and a strong contingent of IT professionals. What this means to me is that there is enough breadth of skill sets that we can each play to our strengths. I've been in the IT businesses in various capacities (support, programmer, consultant, etc.) for about 25 years and I currently manage a corporate data warehouse for a publicly traded healthcare data analytics company. As enjoyable as this job is, I'd like to leave it one day to be one of the first persons directly employed by a blockchain. Truly, I cannot think of anything more worthy of my abilities than this.

I describe an IT Delegate's duties as:

• Spend the majority of pay on ensuring the BTS backbone: Servers in multiple geopolitical regions. Node/chain servers that support the network and can also serve as standby delegates in the event of an attack.
• Have a robust failover strategy for all nodes with a focus on the node that signs blocks.
• Stay abreast of developments. This means being an active participant in DevShares. Nothing should catch an IT Delegate by surprise.
• Create educational materials for other delegates and would-be delegates. Host technical how-to sessions for people that wish to learn the ins and outs of running a delegate from an IT perspective.
• Support delegates that do not come from a technical background. This can include basic forum Q&A to one-on-one shared sessions.
• Develop tools to help stabilize the delegate infrastructure: automated fail over servers, compile scripts that monitor github for new releases, etc.
• Ensure price feeds are running and relevant for all active markets.
• Help fund projects proposed by non delegates that further the security and utility of the infrastructure.

What else?

I will set initial pay rate at 10% and will put together a budget shortly.

TL;DR

• Setup multiple standby delegates to ensure the security of the DPoS network in the event of an attack.
• Help non-technical delegates get set up.
• Create educational material for other delegates.

Who am I really? http://www.linkedin.com/pub/james-reidy/0/681/755

I noticed BM is no longer sporting a robot. Does this mean we're switching to a different visual ID? I like the robots but the human faces are more professional.

Put together a quick sheet that shows the effective prices vs market prices to aid with balancing your portfolio pre November 5th snapshot.

https://docs.google.com/spreadsheets/d/1M65Gt1mFstAgTkECJfUX18f187tGzqJeXT7877qLv-M/edit?usp=sharing

I moved my DNS stake to another account pretty much immediately and left it there. This means that I qualify for I3's extra BTS offer for those that sold on the news of his post but I am not really the target audience. I feel I am certainly not the only one in that position.

The Plan:

Work with BM to setup a Proof of Burn for anyone that sends their extra BTS distribution to an account he owns and will destroy. Since we can't know who deserves the extra DNS and who will just luck into it what we can do is lower the supply by folks willing to donate.

If this thread generates enough interest we can probably make it happen. If not nothing lost.

I3 is throwing in to help those that got burned. Let's see what the community can do.