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[Question] Fair Mining License #32

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sdtsui opened this issue Nov 26, 2017 · 1 comment
Closed

[Question] Fair Mining License #32

sdtsui opened this issue Nov 26, 2017 · 1 comment

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@sdtsui
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sdtsui commented Nov 26, 2017

@tromp , thanks for such a straightforward, well-documented repo!

Where can I find more info about the fair mining license and how it works? The description is license.txt is a little brief.

If I'm interested in implementing a miner (or sponsoring an implementation)...

  • How do I 'offer' half the revenue fee with developers?
  • Who should I reach out to, and depending on the project, how will they accept coins?
  • What happens if developers' addresses change, or get compromised?

Googled around a bit, wasn't able to find much on it. This thread on removing miner fees comes to mind. Happy to link to this issue/PR a documentation improvement if it is desired. Thank you.

@tromp
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tromp commented Dec 1, 2017

Sorry for the delayed response; I was on vacation this past week...

I'm afraid there is no more info about the fair mining license. On a slack I wrote

hi. the fair license is for coins with no developer compensation
it asks people like Claymore, who develop proprietary (closed source) miners with a small mining fee (eg 1%) to share half the fee with the coin developers so they can also get compensated for their efforts
if cuckoo cycle is used in a coin with an ICO or mining tax like Zcash, then the fair clause doesn't apply, and the likes of Claymore need not share any of their miner dev fees

How do I 'offer' half the revenue fee with developers?

Contact them and ask how to arrange the sharing. This could be a once a month transfer to an address
or wallet they provide for this purpose.

Who should I reach out to, and depending on the project, how will they accept coins?

You can reach out to the lead developer, who usually has a known github identity.

What happens if developers' addresses change, or get compromised?

They should inform you of address change on a timely basis. If they get compromised
then that's their problem, not yours:-)

@tromp tromp closed this as completed Dec 4, 2017
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