[tor] Re: Charity integration at witcoin
- From: Mizery De Aria <mizerydearia@xxxxxxxxx>
- To: torservers@xxxxxxxxxxxxx
- Date: Mon, 28 Feb 2011 03:28:33 -0600
Hello Moritz,
Well, the idea I have for distribution is limited to the user that actively
selects which charity to donate to. Take the following example:
User A includes Torservers and EFF charity.
User B doesn't include any charities.
User A posts content at a cost of 0.01 witcoins.
Torservers and EFF receive 0.0025 witcoins each.
User B upvotes post by User A. No donations are provided to either charity
because User B opted not to include any charities.
User B replies to post by User A. Again no donations are provided to
either charity.
User A upvotes the reply by User B at a cost of 0.01 witcoins.
Torservers and EFF receive 0.0025 witcoins each.
You had suggested a slider to select percentages, however, I am not sure
that will be necessary and would rather stick to the equal distribution
model. Therefore if a user selects only one charity, that one charity will
get 33% of profit from all posts and replies by that user, and a bit less
for upvotes depending on how many upvoters there are. However, if a user
selects 10 charities, then each charity will only get 8 1/3% from all posts
and replies by that user. I can see the usefulness behind allowing
donations to receive a larger or lesser amount than others, however, I am
not entirely certain if providing such advanced distribution calculations
will be necessary. I can easily implement addition of charities using the
existing model with little to no code modification. However, to allow for a
slider to select percentages would require additional calculation and
processing. It is an interesting idea and I will keep it in consideration
for implementation if it seems desirable and useful.
Regarding what users will think, again it will be up to each user to
actively select one or more charities that they wish to include in the
distribution of their payments. The implementation will be opt-in per user.
l3estest l2egardedsness,
Miz
On Mon, Feb 28, 2011 at 3:13 AM, Moritz Bartl <moritz@xxxxxxxxxxxxxx> wrote:
> Hi Mizery,
>
> I am loosely following development of Bitcoin sites and already looked
> at Witcoin some time ago. Nice to see that you are gathered some users.
>
> I like the idea of including charities, and of course I don't mind us
> being a possible selection. I am not sure what your users think about
> distributing funds equally to all participants. Maybe a slider to select
> percentages is more appropriate?
>
> -Moritz
>
> Am 28.02.2011 10:06, schrieb Mizery De Aria:
> > Hi torservers,
> >
> > I am working on development of witcoin.com site and will soon begin
> working
> > on an implementation to allow users to include one or more charities in
> > distribution of funds during activities that have a cost.
> >
> > Firstly, a brief explanation of the site:
> >
> > witcoin is a user-generated content site that allows users to post
> content,
> > reply to content and upvote content. Each of those actions have a cost
> > associated with them. The cost of the actions are distributed.
> >
> > As a user makes a post that costs 0.01 witcoins (1 witcoin == 1 bitcoin,
> so
> > also 0.01 bitcoins), that amount will be distributed equally to site
> > (dev/design team for the site) and the category renter. Therefore each
> of
> > these two entities will get 0.005 witcoins (to be further distributed in
> the
> > case of site)
> >
> > As a user replies to a post that costs 0.01 witcoins, that amount will
> also
> > be distributed equally to site and the category renter.
> >
> > As a user upvotes a post at a cost of 0.01 witcoins and is the first
> > upvoter, that amount will be distributed equally to site, category renter
> > and poster.
> > As a user upvotes a reply at a cost of 0.01 witcoins and is the first
> > upvoter, that amount will be distributed equally to site, category renter
> > and replier.
> > As a user upvotes a post or reply at a cost of 0.01 witcoins and there
> are
> > prior upvoters, that amount will be distributed equally to site, category
> > renter and poster or replier and all previous upvoters.
> >
> > That is the fundamental strategy used for witcoin.
> >
> > Soon I would like to integrate charity integration where charities can
> > establish a presence on the site and users can opt to associate one or
> more
> > charities to be included in the distribution of profits from their
> actions.
> >
> > So, for example, if a user selects torservers to be included, then if
> they
> > post content which costs 0.01 witcoins, then that cost will be
> distributed
> > equally to site, category renter and torservers. Thus, torservers will
> > receive 0.00333333... witcoins.
> > Also example, if a user selects torservers and one other charity to be
> > included, then if they upvote to a reply which costs 0.01 witcoins, then
> > that cost will be distributed equally to site, category renter, replier,
> all
> > previous upvoters (if any), torservers and the other charity
> organization.
> > Therefore, if that was the first upvote, torservers would receive 0.01 /
> 5
> > or 0.002 witcoins. If that was the 6th upvote, then torservers would
> > receive 0.01 / 10 or 0.001 witcoins.
> >
> > Ultimately, my idea for implementing integration of charity donations is
> to
> > help support various organizations that participate in the site as well
> as
> > to help promote the site, which in turn may help to establish more
> > donations.
> >
> > I haven't begun working on the implementation yet. First I would like
> some
> > feedback from others on their thoughts. Also, if you have any questions
> > that may not be suitable for the mailing list, feel free to ask in
> Freenode
> > #witcoin.
> >
> > l3estest l2egardedsness,
> > Miz
> >
>
> --
> Moritz Bartl
> https://www.torservers.net/
>
>
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