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Mooo full time july-september

Edit: after an outpouring of support from the community telling me I'm a cheap cow, I've decided to up the rate a little: Following an suggestion by smooth, I will keep the basic rate at $30 an hour, but add 0.2 monero per hour on top. This gives me both the fiat indexing I'll need to sustain me, as well as something on top, which both protects donators' monero stash in case of a crash, and provides some upside if it climbs. Thank you everyone, you're the best :) The new rate is thus: $30 + 0.2 monero per hour, current moneropric.es exchange rate is $43.85, which gives a total of 462 monero for the next three months. That amounts to about $38.6 an hour at current prices.

Original post:

I finished my previous FFS about a week ago now, and after getting a very positive reaction on IRC, I'm going to leave my day job and work full time on Monero, for the betterment of all, including you donators (thank you!)

Given I'm not going to have my day job salary anymore, I'm going to index the milestone rate to fiat (and also say upfront that a large part of it may be sold for rent and food). Other than that, it'll be a similar thing as the previous FFS, but rolling, and per month, similar to Surae's:

  • 3 milestones of a month each
  • Each milestone will be X monero, equivalent to $30 an hour for a notional 40 hours a week, as given by moneropric.es on the day the second to last milestons is complete (leaving one milestone's duration to fund the next 3), or today ($45.65) for the first one, so 343 monero for the first 3 months
  • this is to start on the 1st of july, through to september

I chose $30 an hour, which is a bit higher than my previous $26 rate, somewhat below other similar FFSes, so should be reasonable on donators. This might need changing later, we will see. I know moneropric.es gives a lower Monero price than the "spot" price, but that's intended , since I will sell for expenses.

My time will be spent doing more of the same programming to make Monero better that I have done to date. One of the first things to be done will likely be N-1 of N multisig, after luigi1111 is done with the crypto design.

Thanks

Replies: 26
nioc posted 6 years ago Weight: 0 | Link [ - ]

Looking forward to this. The rate is more than reasonable.

unknownids posted 6 years ago Replies: 1 | Weight: 0 | Link [ - ]

only 30usd? considering your intimate knowledge with monero and the quality work, i'd say this is pretty low. going to donate tho :P :D Looking forward to it and thanks for the contributions thus far.

Reply to: unknownids
moneromooo posted 6 years ago Replies: 1 | Weight: 0 | Link [ - ]

Yes, I could definitely get more for a normal job with a company, but this is for an open source project that I want to support :) The current price drop does show that aiming low is dicey though.

Reply to: moneromooo unknownids
john_alan edited 6 years ago Weight: 0 | Link [ - ]

As this is Crypto, and we've seen what can happen again today - I suggest you ask for 2 XMR per hour. I think it's completely reasonable, would hopefully work out better than 30usd an hour.

xmr_eric posted 6 years ago Weight: 0 | Link [ - ]

I'm in! (and am open to a higher rate than this)

antw081 posted 6 years ago Replies: 1 | Weight: 0 | Link [ - ]

Lets get this FFS to the funding stage!

Reply to: antw081
antw081 posted 6 years ago Weight: 0 | Link [ - ]

Donated.

drfred posted 6 years ago Weight: 0 | Link [ - ]

supported!

john_alan edited 6 years ago Weight: 0 | Link [ - ]

As agreed in the IRC channel, please repropose with a 3 digit per hour wage. #You'reWorthIt

moneromooo posted 6 years ago Weight: 0 | Link [ - ]

August is done. This was mostly more work on the same things as july:

  • many fixes to the new sync algorithm, which turned out to be hard to get 100% right
  • more work on multisig: N-1/N underway, and there's a new program to generate (trusted) mutlisig wallets
  • leak fixes and memory usage improvements in monerod
  • new RPC and command to get fee info (and a prompt when about to send a tx when there's a tx backlog)
  • P2P connectivity improvements by trying seeds when the p2p state doesn't yield usable peers
czoacz edited 6 years ago Weight: 0 | Link [ - ]

Shut Up And Take My Money