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RE: Proposal: Witness Development Fund for Steem Code-Review
I think this is a great idea but should be segregated from the rewards pool for funds. I liken it to the Treasury fund that the Dash protocol has which takes a portion of each mined block reward for efforts approved by masternodes. They typically use this for promotional efforts (which would not be a bad idea either) but the concept is that a portion of each block or reward pool distribution is set aside for the improvement of the blockchain.
The top 20 witnesses earn around $80K per annum. What exactly do we get for that money? A treasury model would be great, where users can vote on projects to be funded. The first could be code reviews.
I would like to see the steem blockchain become more professional and less a passion project for people in their spare time.
If anyone has followed me for long enough, they will know I believe steem could hit $1,000 a coin. I am good with Numbers and Finance. This is based on sound research, not empty hope.
But it could also go to ZERO! The quality of the blockchain is the lifeblood of this community. Competition is heating up and we need to stay ahead.
A fund for independent review of the code before deployment is a great idea @therealwolf. I am not a witness or a whale, but I would be happy to support such a project!
@kabir88