Thank you for your service to ETC.
I’ve only “joined” early 2017 but I’ve heard from Etherninja that when shit hit the fan after the fork, you were the main dev responsible to keep the chain out of trouble. Your dedication and work was invaluable, hence why I’m so disgusted at the way DFG/ETCLabs/Foxconn/whatever screwed you over.
Having that said, your post here is quite too “simple” and if a community decision is to be made then everyone should be better informed. Feel free to fill any gaps or add relevant info.
ETCDev has always had zero transparency about it’s funding and it raised concerns among people in the community for a long time. These concerns were always dismissed by you and unfortunatelly time has proven that there was a motive to be worried about.
You’re still being secretive, not wanting to detail who is owed money, how much and what for.
Mid 2017, when asked about “who” was funding ETCDev, you stated in Slack
“Do you want to fund the development team? Then it’s none of your business”.
ETCDev was a self-proclaimed non profit company with unknown funding but working and fulfilling roadmaps, which kept “everyone” happy.
Mid 2018, your non profit officially becomes a private company, ETCDev GmbH - https://bit.ly/2QWicNC - and keeps recruiting brilliant people to work on ETC. Also a marketing / PR guy and a designer. Clearly ETCDev was “well backed”.
About 1 month ago, another concerned user started a Reddit regarding ETC Funding. - https://www.reddit.com/r/EthereumClassic/comments/9wd28v/etc_funding/ - and in your reply you point out how the community funds should be spent to atleast hire 1 more full time engineer to work on Classic Geth.
- Your ex-“biz dev” replies that ETCDev is well backed, boasts how you went from 1 employee to 14, in 1 year and your goals were to increase 2x or 3x in the next 12 to 24 months.
Today you’re asking the community to pay what your company owes to these devs and honestly, looks like you are asking for a bailout so you can save face with these devs to which you never disclosed anything about funding.
A week ago or so Donald disclosed that the original funding came from a donor who wanted to remain anonymous and that he requested for all funds to be kept in ETC. Today you claim “this work was sponsored by internal ETCDEV funds”.
Question #1 - Has ETCDev GmbH officialy filed for bankrupcy?
Question #2 - Why are you being secretive once again? Please detail who is owed money and exactly how much.
Question #3 - At which rate did you calculate the ETC compensation? Was the work agreement valued in ETC or another currency?
Question #4 - Donald has replied that he has no intention to receive payment from the community fund. Why do you think the community funds should still be sent to him anyway?
(I see that Donald has deleted his reply after you told him to but please do answer this question anyway)
Question #5 - Have you informed the other people who are owed money, that you are trying to repay them with a community bailout, or there’s a chance that more will post here like Donald did ? (before he deleted it).
Question #6 - Why should the community funds now be spent paying your company debts, and not on hiring a full time engineer or two, like you suggested before?
Question #7 - If IOHK shutsdown their ETC team and don’t pay their devs, do you think the community funds should be spent bailing IOHK out too?
My simpathy goes to all the devs who are owed money by ETCDev management, no one should ever be in that position but keep in mind that the fund originated in donations along the years, with the intent of benefiting ETC Network, not specific individuals or companies.