- From: Andrew Durham <yodrew@gmail.com>
- Date: Thu, 15 Mar 2012 09:10:54 +0000
- To: David Nicol <davidnicol@gmail.com>
- Cc: Fabio Barone <holon.earth@gmail.com>, public-webpayments@w3.org
Hi, David, David, you wrote: > I don't get how funding bonuses in case of failure -- betting against the > project -- helps the project. Because: >> The contributions and the pot both count toward the goal. Despite having written this, I think my description is not clear because, in other places, it seems to separate the pot from the contributions. Thanks for bringing out this confusion with your question. Now for your minor points: The only people who are "betting against the project" are contributors who make a claim on the pot with a positive bonus rate rather than contribute to the pot with a negative rate. People bet different ways, but they all contribute. So the only people truly betting against the project are non-participants. Collecting interest is possible but not necessary. Andrew
Received on Thursday, 15 March 2012 09:11:47 UTC