From: Tier Nolan <tier.nolan@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Assurance contracts to fund the network with OP_CHECKLOCKTIMEVERIFY
Date: Fri, 8 May 2015 16:03:28 +0100 [thread overview]
Message-ID: <CAE-z3OVMfxioXUrFVAzcD7kpqsUA9_V=iCx67k+WkbZkFHrVig@mail.gmail.com> (raw)
In-Reply-To: <CAOoPuRZo6M1-XTYk6LebADHwQVwKEOYtaHGvEoRkk5AfevvJYw@mail.gmail.com>
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Sorry for the spam of the last mail. I hit send by accident.
Assurance contracts are better than simple donations.
Donating to a project means that you always end up losing the money but the
project might still not get funded.
An assurance contract is like Kickstarter, you only get your CC charged if
the project is fully funded.
There is lower risk, either you get your money back or the project is
funded. It might still be worth risking it and hoping it gets funded.
Kickstarter does have pledge rewards to reward pledgers. That helps with
creating the momentum to encourage people to pledge.
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next prev parent reply other threads:[~2015-05-08 15:03 UTC|newest]
Thread overview: 9+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-05-07 23:32 Tier Nolan
2015-05-08 9:49 ` Mike Hearn
2015-05-08 10:01 ` Benjamin
2015-05-08 14:15 ` Tier Nolan
2015-05-08 14:54 ` Benjamin
2015-05-08 14:56 ` Tier Nolan
2015-05-08 15:03 ` Tier Nolan [this message]
2015-05-08 10:00 ` Jeff Garzik
2015-05-08 16:43 ` Peter Todd
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