PIP: PIP-0018 Title: 10% funding allocation for Lazarus/FPC Type: Process Impact: Funding Author: Herman Schoenfeld <firstname.lastname@example.org> Comments-URI: https://discord.gg/sJqcgtD (channel #pip-0018) Status: Proposed Created: 2018-01-05
It is proposed that, if and when PIP-0011: 20% Developer Reward or a variant passes, that a portion of the funding be allocated towards development of Lazarus/FPC project so that the two ecosystems can mutually-benefit.
If and when PIP-0011 passes, PascalCoin will grow into a multi-billion dollar project yet the base tooling from which it is founded on will remain an under-funded FOSS volunteer project.
Lazarus/FPC has made amazing progress with FOSS contributions from unpaid volunteers, however there is a great amount of outstanding work that needs to be completed. Many of these volunteers would be willing to dedicate more time if incentivized monetarily.
A well-funded PascalCoin Project can sponsor thousands of bounties on Lazarus/FPC, payable on milestone basis, in order to rapidly accelerate the development velocity of Lazarus/FPC. Also, well-known contributors could be retained by the PascalCoin Project on a time and material basis in order to contribute to Lazarus/FPC and/or PascalCoin.
The PascalCoin Developers could also arrange larger specialized bounties with the Lazarus/FPC leadership team in order to significantly improve the IDE and to provide broader platform support and bug fixes.
A total of 10% of the Developer Rewards is recommended for this funding, however other levels are possible (and will be voted on).
By supporting Lazarus/FPC, the PascalCoin project hitches onto the broader Pascal-world providing an inlet of expertise facilitating a rapid growth of a PascalCoin technical community.
By attracting a large developer mind-share, PascalCoin Project's increased productivity and efficiency are expected to reduce the long-term costs significantly, essentially paying for itself. It will also appeal to larger institutions since it's developer mind-share would be large as is the case with Ethereum.
It is also expected by exponentiating developer mind-share, Layer-2 applications will flourish driving PascalCoin to the top-tier of Cryptocurrencies. As a result, the long-term ROI of this proposal is highly beneficial for both PascalCoin and the Pascal-world at large.
This PIP will be optionally voted on with PIP-0011. It is intended to gauge acceptance (and hopefully consent) from users for this funding. It is also intended to assist users for making a more informed decision during voting.
This change is a process change without impact on protocol.