►
From YouTube: PSF CommComm Meeting - 02/10/2021
Description
Agenda for this meeting:
https://github.com/Permissionless-Software-Foundation/community-committee/issues/5
The PSF Community Committee discusses the new voting mechanism for funding operations, using SLP token on the Bitcoin Cash blockchain.
A
B
A
C
C
A
B
A
A
D
A
A
A
So
what
we've
been
discussing
and
undergoing
is
this
very
first
funding
proposal
so
at
the
direction
of
the
vip
members?
What
we
agreed
on
in
that
meeting
and
what
we've
discussed
in
previous
comcom
meetings,
is
that
everybody
really
likes
the
token
airdrop
voting
system
that
we
had
before.
Where
you
you
can
you
can
be
anonymous
and
still
be
an
economic
actor
in
this
community,
and
you
get
those
those
airdrops
of
those
voting
tokens
and
use
those
to
vote,
and
it's
everything's
proportional
to
the
amount
of
merit
that
you
have
or
like.
A
Basically,
your
your
economic
skin
in
the
game,
and
so
this
is
the
very
first
proposal.
It's
intended
to
be
an
obvious
proposal.
It's
gonna
fund,
our
ongoing
infrastructure,
and
so
we
need
to
fund
this
otherwise,
like
we
have
to
completely
rethink
what
we're
doing
so.
It's
kind
of
an
aw
it's
intended
to
be
obvious,
and
it's
tended
for
everyone
to
just
kind
of
go
through
the
motions,
and
it's
also
setting
up
the
patterns
and
the
processes
that
we're
gonna
use
going
forward.
A
I
definitely
want
to
foster
discussion
around
these
ideas
and
this
process
in
the
telegram
channel.
Nothing's
locked
in
stone,
yet
everything's,
still
just
a
conversation,
but
to
introduce
this
sort
of
format
of
a
proposal
is
that
there
would
be
an
overview,
a
scope,
a
budget,
so
scope's
really
important.
It
sort
of
sets
like
this
is
where
it
starts,
and
this
is
where
it
ends,
and
this
is
what
we're
going
to
do
in
the
middle.
That's
the
scope,
and
so
in
this
pro
for
specific
proposal.
This
is
for
ongoing
infrastructure.
A
So
it's
very
hard
to
estimate
expenses
in
u.s
dollars
based
on
these
tokens
who
that
can
fluctuate
wildly.
So
what
we
talked
about
in
our
vip
meeting
when
we
were
discussing
this
process,
was
it's
good
for
us
to
over
budget
to
overestimate
how
many
tokens
we're
going
to
need
everything
will
be
tracked.
Everything
will
be
transparent
and
at
the
conclusion
of
a
project,
anything
left
over
can
be
burned.
A
A
If
we
have
too
many
tokens,
we
can
always
burn
tokens
if
they're,
if
they're
unused
and
whereas,
like
in
a
government
situation
that
might
lead
to
sort
of
bloat
and
inefficiency,
because
we're
a
community
funded
by
the
community
working
for
the
community
tracked
by
the
community,
there's
just
a
lot
more
transparency
and
accountability
in
our
process
versus
like
what
you
would
think
of
in
the
terms
of
like
a
government
and
taxes
and
and
and
things
like
that,
so
anyways.
This
is.
A
This
proposal
is
really
just
an
attempt
to
take
like
here's,
our
expenses,
the
last
three
months.
Here's
a
forecasted
estimate
of
what
of
what
we
think
the
next
three
months
is
going
to
look
like
based
on
our
growth,
taking
the
current
price
of
the
token
here's,
an
estimate
of
what
that
cost
is
going
to
look
like
in
tokens,
and
then
we
talk
about
sort
of
adding
a
20
error
margin,
and
it
also
includes
two
hours
of
administrative
work
per
week:
I'm
actually
just
paying
bills
tracking
it
on
spreadsheets.
A
C
A
Yeah,
it's
a
small
amount
of
money,
we're
really
small
and
and
we're
not
generating
a
lot
of
business
right
now.
So
that's
why
it's
good
to
get
these
processes
in
place
while
we're
still
small
we
can
afford
to
make
mistakes.
There's
not
large
sums
of
money
on
the
table,
thanks
so
anyways
good
to
go
back
to
like
the
general
over
our
structure
structure,
because
I'm
hoping
that
this
proposal
will
inspire
additional
proposals.
A
This
is
what
the
community
is
going
to
receive
at
the
end
of
you
know
when
everything's
done
and
everything's
paid
for
and
then
there's
a
voting
section,
and
so
what
we
talked
about
in
the
past
is
so
we'd
create
a
new
token
we'd
airdrop
it
based
on
merit,
and
I
can
go
into
details
on
the
merit
thing
if
people
want
but
there's
going
to
be
a
like
a
address
for
yes,
votes,
an
address
for
no
votes
and
then
an
address
for
abstaining.
So
really,
this
is
just
like.
A
A
Someone
on
one
of
the
the
technical
steering
committee
or
the
community
committee
would
would
sort
of
be
the
champion
a
liaison
for
it
and
would
be
ultimately
answerable
and
represent
the
the
economic
actors
in
the
vip
channel
and
then
sort
of,
and
then
ultimately
the
the
voting
tokens
you
get
would
be
proportional
to
your
merit,
so
your
skin
in
the
game,
so
it
so
you
get
to
have
you
know
more
say
on
what
gets
approved
or
not
is.
Does
anybody
have
any
questions?
How
and
just
in
general?
How
do
people
feel
about
this
process?
B
A
Yeah,
I'm
a
little
worried
just
with
like
fatigue
with,
if
we
have
a
bunch
of
proposals
going
and
that's
why
I
think
it's
it's
important
to
have
the
abstain,
one,
because
if
people
just
don't
care,
they
don't
have
to
be
engaged
right,
yeah.
So
that's
the
one
thing
that
I'm
a
little
worried
about.
I'm
glad
you
guys
feel
it's
simple
and
straightforward,
because
that's
definitely
what
we're
going
for.
D
A
Oh
yeah
good
question
so
yeah,
so
the
full
stack
dot
cash
is
where
the
the
I
sent
out
a
financial
report
to
all
the
the
vip
members
and
so
stoian.
I
want
to
get
you
in
on
that
group
and
because
you've
definitely
shown
merit
and
and
deserve
to
be
there.
So,
let's,
let's
work
on
that
offline
and
get
you
a
copy
of,
but
that's
that's
one
of
the
perks
of
being
a
vip
member.
A
Right,
yes,
sorry,
yeah,
so
that
that
column
is
the
infrastructure,
that's
dedicated
just
for
servicing
the
client.
So
it's
pretty
important
because
that's
where
the
money
is
coming
from
to
fund
all
of
this,
and
so
the
bchn
column
is
for
infrastructure
dedicated
to
the
bitcoin
cash
network.
Bcha
is
the
infrastructure
dedicated
to
the
abc
chain?
Auxiliary
is
like
other
things
like
the
the
the
web,
apps
wallet.fullstack.cache
and
message.fullstack.cache,
and
then
there's
the
clients,
which
is
the
infrastructure
specifically
dedicated
to
clients.
D
A
Yeah
that'll
probably
go
in
the
auxiliary
column,
because
it
will,
it
will
actually
service
all
the
blockchains
and
it
will
be
well
bcha.
I
plan
to
build
the
bridge
for
b,
bcha
h
and
a
b
c,
h
and
and
avalanche
so
have
be
able
to
transfer
token
across
all
three
blockchains
and
that'll,
be
mostly
a
web
app.
So
that
would
go
into
the
that
auxiliary
column,
yeah,
good,
good
question,
real
good
question,
and
you
know,
and
that
that
brings
up
a
an
important
thing
like.
A
A
And
I'm
also
thinking
like
a
two-week
window.
So
one
of
the
reasons
why
I
wanted
to
introduce
the
proposal
in
this
meeting
is
sort
of
to
set
up
a
timing
like
now
that
we've
had
a
chance
to
discuss
this.
We
could
probably
have
like
say
another
two
weeks
to
discuss
it
in
the
telegram
channel
among
the
community
and
in
the
vip
room
and
then
we'd
probably
like.
B
A
Yeah
yeah
definitely
I
mean
because
we're
gonna
get
we're
gonna
get
the
people
who
feel
strongly
about
things,
but
don't
necessarily
have
any
economic
skin
in
the
game
and
then
we're
gonna
get
people
who
have
economic
stim
in
the
game
and
just
don't
really
care
don't
want
to
be
engaged
so
we're
gonna,
we're
gonna
get
you
know
we're
then
we're
gonna
get.
Those
are
the
extremes
and
so
it'll
be
interesting
to
see
how
that
plays
out
and
how
we
deal
with
that.
But
giving
giving
enough
time
to
have
a
discussion.
B
I'm
sorry,
okay,
quick
question.
This
would
be
my
first
token
airdrop
and
you
know
voting
process
question.
Let's
say
there
are
like
two
proposals
per
two
week
or
whatever
period.
Are
you
using
the
same
tokens
to
vote
either
or
on
either
projects,
or
is
it
like
a?
Are
you
getting
a
token
for
each
proposal?
Is
it
you
know?
Is
it
like
yes
or
no
for
each
one
or
is
it
you?
Have
this
amount
of
voting
power
distributed
among
various
projects.
A
A
I
created
ten
thousand
of
the
tokens
and
there's
no
minting
baton,
so
yeah,
there's
ten
thousands
have
been
created,
no
minting
baton
and
I
called
it
psf
vote
001.
So
like
the
next
proposal
would
get.
002
would
be
a
different
token,
and
so
each
proposal
would
have
this
sort
of
basic
information,
so
it
would
get
air
dropped
and
let's
talk
about
the
merit,
because
right
now
things
are
pretty
skewed.
A
A
A
You
know
by
like
the
that's
in
like
a
war
chest
or
like,
in
the
token
liquidity
app
those
those
are
ignored
in
this
list.
So
this
is,
this
is
essentially
a
breakdown,
so
the
left
column
is
the
calculated
merit
for
the
address.
So
each
each
row
represents
like
a
bitcoin
cash
address
that
holds
tokens
the
psf
token
and
the
left
column
is
the
calculated
merit
for
that
address.
A
So
merit
is
the
token
quantity
times
the
token
a
the
agent
days,
and
so
this
second
or
third
column
is
the
actual
token
quantity,
and
so,
if
you
take
all
the
merit
for
all
these
addresses,
I
think
I
looked
at
the
top
50
addresses
yeah.
The
top
50
addresses
this
is
the
this
second
column
is
the
percentage
for
that
address
so
like
the
top
address
holds
35
of
all
merit
because
it
has
a
huge
quantity
of
tokens
and
it's
super
old.
A
A
I
think
that's
just
inherent
in
in
everything
that
is
crypto
has
that
appearance
and
but
but
but
the
the
amplitude
should
come
down
and
the
the
tail
should
should
widen
and
so
we'll
get
a
more
and
that
that's
how
I
ended
up
settling
on
10
000
tokens.
So
if
I
did
the
airdrop
according
to
this
spreadsheet,
like
that,
first
address
would
get
you
know
35
of
the
of
the
voting
tokens,
and
so
I'm
a
little
worried
at
how
at
how
sort
of
top-heavy
these
numbers
are.
A
B
A
A
A
Okay,
well,
that's
pretty
much
the
only
thing
that
was
on
the
agenda,
I'm
hoping
that
we
can.
I
I
I
if
there's
anything
anybody
has
anything
left
to
say
or
talk
about
like.
Let's
do
that,
but
also
we'll
continue
to
have
this
conversation
about
the
proposal
in
the
telegram
channels
over
the
next
couple
weeks,
and
then
I
do
like
that
idea.
A
I
think
I
think
I
might
do
the
airdrop
tomorrow
of
the
voting
token,
and
then
we
could
discuss
everything
at
the
next
com
com
meeting
in
two
weeks
and
then
tally
the
votes,
the
the
following
day.
I
think
that
that'd
be
enough
time
for
discussion,
but
also
like
keep
things
moving,
because
we
do
have
bills
to
pay.