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« on: December 27, 2013, 07:48:34 pm »
I had a similar idea, but instead of limiting the bounty to one person, I thought you should allow anyone to claim the bounty, as long as the majority of the people who donated towards the bounty(weighted by the amount they contributed to the given bounty) agreed that the individual submitted a legitimate claim. Here's how the system would work:
1, somebody puts up a bounty, with a complete description of what the requirements are
2, anybody that wants to encourage the bounty can then donate to the bounty address. By donating to this address, your address is given a certain % of control of the bounty address, equal to the % of funds that you donated. If you donate 2 BountyShares out of 20 BountyShares that were donated to the total bounty, you would have 10% control
3, anyone can then submit a claim for the bounty, but they have to pay a small fee to prevent spam
4, if within a set amount of time (1 week?) a minimum % of the people that donated, weighted by the amount they donated, have voted to accept the bounty as legitimate, then the bounty will be transferred to the developers address.
5, if the claim isn't accepted, then the fee is put towards the bounty, and the cycle continues.
Advantages:
-this could work with more than just code. People could create graphics bounties, music bounties, etc.
-All bounties are visible on a block-chain, anybody can use the works submitted to improve their own projects
Potential issues:
-somebody could submit a massive donation, followed by a claim that's absolutely worthless. Since they now have majority control, they can take the full bounty. (perhaps this could be solved by linking to Keyhotee IDs?)