Monero CCS - Reading Assignment

Privacy Coins - Ultimate Course
#61

  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
    The community have to reach loose consensus only than the Core Team will approve the idea and the funding begins.

  2. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
    Highest Budget: RandomX Audits with 1400 XMR which was round about 118,000 USD.

  3. What’s the current USD value of all ‘Work in Progress’?
    Current value is 2819 XMR = 270.624 USD

  4. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.
    Dr. Sarang is doing a lot of research every quart.
    In Q3 2020 his main focus is on CLSAG audit, Arcturus applications and protocol improvements.

#62

  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
    core team

  2. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
    $118,000 40 contributors

  3. What’s the current USD value of all ‘Work in Progress’?
    2725 XMR=

  4. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.
    SerHack, the author of Mastering Monero and security engineer, aims to provide merchants and developers with a set of payment gateways and libraries, coded mainly in PHP.

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#63

Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
Monero community

Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
RandomX Audits; 118.000 US $; 40 contributors

What’s the current USD value of all ‘Work in Progress’?
1504 Monero = $142,428.80

Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.
Research post-quantum strategies for Monero:
Quantum Computers could theoretically circumvent several of Monero’s security and privacy features in the future if they are made. Algorithms that could do this are already known, such as Shor’s algorithm (which breaks security based on the discrete logarithm problem) and Grover’s algorithm (which could be used to (forge blocks).
Retroactive deanonymization puts today’s Monero users at the hands of tomorrow’s quantum or classical adversaries. If practical quantum computers that can break Monero’s encryption arrive at any point in the future, then users’ lifelong transaction history will become public for ingestion by the AdTech industry, stalkers, criminals, and governments. It is irrelevant which party publishes a deanonymized copy of the Monero blockchain first - the universal evaporation of privacy is irreversible.
This research will:

  • study and simulate the threats listed above to assess Monero’s vulnerability to quantum computers

  • valuate post-quantum cryptography scheme candidates to create a road map for hardening Monero against quantum adversaries

  • openly communicate the results for a variety of audiences

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#64

Its actually the community that decides. :slight_smile:

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#65
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’? Community Crowdfunding System(CCS) core team.
  2. Which ‘Completed Task’ had the highest budget? Research post-quantum strategies for Monero Task 1. What was the USD value (at the time, hint: read the proposal) and how many contributors were there? $37,500 - 58 Contributors.
  3. What’s the current USD value of all ‘Work in Progress’? $274 079 USD
  4. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem. v1docq47: video creation / translations into russian (august 2020 - january 2021). This project is translating anything related to Monero into Russian.
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#66

1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
Core Team and Comunity

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#67
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
  • A proposed idea is discussed by the community and the proposer makes the necessary changes.
  • When the core team sees that consensus is reached, the request is merged with the CCS Proposals repository on Monero’s Gitlab instance. That is also when funding begins.
  1. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
  • It is still the RandomX audits.
  • The needed USD value was 118 000 USD and the XMR/USD rate was set at 85. According to Coingecko, the XMR price was around that level at the time. The task raised 1400 XMR = 119 000 USD according to that rate.
  • Under Payouts, it says Funds Awarded: 1293.8.
  • There were 40 contributors.
  1. What’s the current USD value of all ‘Work in Progress’?
  • It is 1861.8 XMR, which at the moment is 202 191 USD.
  1. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.

I looked at Feather wallet.
The first milestone is reached and paid, but currently it has no contributors.

According to the announcement post, the current GUI wallet is demanding on system resources due the use of Qt Quick (I don’t have the knowledge to elaborate on that), and the CLI wallet is, obviously, for advanced users. So, the team took inspiration from Bitcoin Electrum wallet and adjusted it for Monero, as well as added nice features:

  • Integrated XMR.to (use Monero to pay in Bitcoin);
  • Integrated Tor;
  • Integrated exchange rate calculator;
  • Freeze UTXOs you don’t want to spend. While this is useful for transparent cryptos (like in Samourai wallet), I’m not sure why is such feature needed for Monero.
  • Create sub-addresses;
  • The wallet makes sure you don’t re-use addresses;
  • Multi-signatures.

User-wise, it doesn’t say much in the proposal, but the features are shown nicely in this video.

At the moment, it is being developed on Linux and Mac. Windows is planned in future.
As I understand, the current GUI will also get some functionality of Feather.

Overall, Feather wallet will make life easier and enable more functionality for the average user, which will attract more users to Monero.

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#68

  1. The core team decides when a project moves from ‘Ideas’ to ‘Funding Required’ once they have determined that the community has reached a loose consensus.

  2. The ‘Completed Task’ with the highest budget is the RandomX Audits with a budget of 1400 XMR. The USD value at the time was 118000 USD, and there were 40 contributers.

  3. The current value of all ‘Work in Progress’ is 1855.8 XMR which is worth 217239.95 USD at the current XMR price of 117.06 USD.

  4. The project v1docq47: video creation / translations into russian (august 2020 - january 2021) is translating everything related to Monero into Russian as well as creating videos on information/news and tutorial videos in Russian about Monero for the Monero Russian Community youtube channel.

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#69
  1. The core team
  2. Random X audits. The USD value at the time was around $180,000 USD. There were 40 contributors.
  3. 1712.7 MXR which is worth $314,449.069 AUD (173.47 AUD)
  4. v1docq47: video creation / translations into russian (august 2020 - january 2021). It is pretty much translating the Monero project for Russians and creating/dubbing videos about Monero for the Russian community. It helps spread the word about Monero and it’s use case in the Russian community.
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#70

The Monero Community crowdfunding Service is designed to grow and improve the community by accepting projects and awarding XMR to participants who complete these tasks. Once an Idea is considered and found to have merit, the Core Team and the community explore and refine the ideas. Those that emerge as acceptable and worthwhile are granted and moved into the funding required phase of the project implementation. The highest budget for a completed task so far on record was awarded at 1400 XMR, which at todays value would be roughly $185,206.00 and had 40 contributors. The poject was RandomX audits and it was the audit funding in reviewing the new POW algorithmic code.
The Monero Outreach Program, which has completed some of their work, is more of a grassroots project than a technical one. It asims to increase awareness, adoption, understanding and development of the Monero blockchain and its privacy and financial benefits. Big and important tasks involved in the proliferation of use of monero as a means to transact include press relations, merchant training and awareness, the construction of and maintenence of a Monero calendar, a directory of merchants that accept monero, updating tool kits and posting on social media and so on.
Lofty goals to update the Monero documentation into a host of languages, the organization and scheduling of events, coordination of press and all the while utilizing a grassroots approach to gaining more adoption are critical for the success of any emerging technology. To date, just a third of the 110 XMR awarded has been paid out. Funds are to compensate the various contributors including local language translators, writers, and community builders.
The current USD value of all works in porogress are 4,351.7 xmr at 132,29 yielding 575,686.40

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#71
  1. The core team decides when a project moves from ‘Ideas’ to ‘Funding Required’ once they have determined that the community has reached a loose consensus.
  2. The ‘Completed Task’ with the highest budget is the RandomX Audits with a budget of 1400 XMR. The USD value at the time was 118000 USD, and there were 40 contributers.
  3. The current value of all ‘Work in Progress’ is 1855.8 XMR which is worth 217239.95 USD at the current XMR price of 117.06 USD.
  4. The project v1docq47: video creation / translations into russian (august 2020 - january 2021) is translating everything related to Monero into Russian as well as creating videos on information/news and tutorial videos in Russian about Monero for the Monero Russian Community youtube channel.
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#72

  1. The Monero Core team.

  2. RandomX Audits; 118 000Dollars; 40 contributors

  3. 505 195,37

  4. Create Monero Educational Content - helps spread the gospel of Monero to Spain and almost all of South America

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#73

1.community
2.RandomX Audits
3.4219.7 XMR
4.Localization of the Monero project into Russian.

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#74

Monero community.
2.
A. RandomX Audits Project, B. 118.000 USD.
3. Current USD value of all work in progress =$495,434.997
4. v1docq47 is a member of XMR.RU team since 2017 he has been translating everything monero related into russian and creating information and tutorial videos for the russian community on youtube.

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#75
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?

The Monero Core Team decides when the community has come to a consensus on a project proposal.

  1. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?

The Random X Audits, which had 40 contributors, and was funded with 1400XMR worth approximately $118,000

  1. What’s the current USD value of all ‘Work in Progress’?

The current value of all the works in progress is 4219.7XMR @ $117.50, so $495,814.75 total USD value

  1. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.

Monero Atomic Swaps implementation funding

the project aims to build pieces of software that would allow the end user to perform cross-chain, trustless, P2P, atomic swaps between Monero and Bitcoin. This project seems very important considering that the South Korean government, as well as others I’m sure, will be cracking down on centralized exchanges that offer access to privacy coins like Monero. Cross-chain atomic swaps will offer non-centralized, non-KYC access to privacy coins from other cryptocurrencies.

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#76

  1. the community, and then the core team finalises

  2. randomx audits - $118 000 - 40 contributers

  3. 3082 xmr - $ 358 812

    • luigi1111 - Compilation time reduction and housekeeping 11/11/2020
      -he saw the importance of quickly compilable code base, which would otherwise put a
      negative psychological pressure on developers, making them refrain from changing
      anything for the better, not to mention the obvious reduction of required computational
      resources. The proposal is about minimising the compilation time of the project.
      -was able to bring ccache to the project.
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#77

  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
    team with community consensus

  2. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
    randomXaudits with 1400 xmr about 118000 usd and 40 contributors

  3. What’s the current USD value of all ‘Work in Progress’?
    bit more tham 3000 xrm, bit less than 200000 usd

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#78

  1. The Core Team determines that the community has reached a loose consensus

  2. RandomX Audits had the highest budget at 1400XMR which was $118000. There were 40 contributors

  3. Current value of Work in Progress is 4645.2XMR, at $121.10 = $562533.72

  4. Video Creation / Translations into Russian - this project is about localizing/dubbing videos about Monero into Russian, obviously this will help promote Monero to Russian speakers

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#79

1.) Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
The Monero community

2.) Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
RandomX Audits - $118,000 - 1400 XMR - 40 contributors.

3.) What’s the current USD value of all ‘Work in Progress’?
$561,300 (4490,40 XMR)

4.) Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.
Lovera — Create Monero educational content in Spanish

Lovera is a fan of Monero since 2019, and he actively shares educational information about Monero on his social networks with creating educational videos, writing guides and making tutorials in Spanish. He also translates everything related to Monero in Spanish. What is the proposal about? Create quality educational content for the Spanish-speaking community. The objective is to transmit the benefits, characteristics and importance of Monero for financial privacy, through guides, articles, videos and in general written and audiovisual material. All this to be shared through social networks. The project has two milestones. The first (7 Educational articles) is already reached and funded with 5 XMR. The second milestone (5 Educational video and news translation) will follow soon. The fund will be 10 XMR.

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#80

1 The idea is ventilated in the community and when a reasonable level of agreement is reached, the core team promotes the idea to a funded project.
2 “RandomX Audits”; asked for 1400XMR or about $118k. ($85/XMR) they got 1293.8XMR; 40 contributors.
3 4645,2XMR at $134,30 gives $623850,36 18:47 CET 25Nov2020
4 xiphon part-time coding (3 months) This seems to be a dedicated individual, who really love Monero. Xiphon have been an active developer since 2018 in the community and is at the moment doing a similar project, even if the tasks are diffeerent. Xiphon wish to work with development of the graphical user interface wallet and debugging etc. I think this is very essential for the Monero ecosystem.

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