Monero CCS - Reading Assignment

Monero CCS - Reading.

  1. The Core Team ( with a consensus of the community) decides when a project moves from “Ideas” to “Funding Required”.

  2. The “Completed Task” that had the highest budget at the time was RandomX Audits. The value in USD was $18000 i.e 1400 XMR. It had 40 contributors.

  3. The current value in USD of “All Work in Progress” Total 5043.32 XMR and as of 15th February 2021, the price of XMR is $221.56

5043.32 multiply by $221.56 = $1,117,080 (todays current value in USD

  1. Monero Outreach Round 3
    This is a project to build a support system to enhance the outreach effort of the Monero Community in order to drive greater Monero adoption and awareness.
    Respect the work done by the Core developers and the Community working groups, founding principles and ethos to strengthen the integrity of what makes Monero great.
    Make the world a better place by preparing our children to live in this world.

The work being done and how its support the Monero ecosystem are:

  • developed a quicksheet for communicating with the press

  • create database/directory of all Monero accepting businesses

  • Maintain annual event calendar

  • translate new content into the main languages like French, Spanish, Portugues etc

  • and so much more.

1 Like
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
    After the Core Team has determined that the community has reached loose consensus, the MR is merged, and 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?
    Random X Audits. USD 118,000. 40 contributors.
  3. What’s the current USD value of all ‘Work in Progress’?
    5,311 XMR = USD 1,152,487
  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.
    -mj part time coding: CI fixes, general firefighting, reviewing, and when there’s nothing left to extinguish, fixing compiler warnings and Clang-Tidy findings. Whats interesting is that this person had an earlier proposal which they cannot make progress with due to the issues he plans to fix. Sounds like they will work on fixing the not so fun parts so fair play to them!
1 Like
  1. Based on the consensus of the Monero community, the Core Team moves their ‘Ideas’ to ‘Funding Required’.

  2. The proposal ‘RandomX Audits’ had requested 1400 XMR, whose value in USD was around $118,000 in 2019. It had a total of 40 contributors.

  3. 5,219.22 XMR = 1,137,685.6 USD

  4. Proposal Name: Translation of GUI Wallet, monero-site, Monero Means Money (subtitles), Sound Money, Safe Mode (subtitles) to Polish.
    Proposed By: janowitz
    Proposed Date: November 30, 2020
    Total XMR Requested: 22
    Total Number of Contributors: 22
    Summary: In terms of high priority, the Monero website requires translation to Polish. Lower priority milestones include the GUI translation (almost completed) and the subtitles (not as crucial as the GUI and website).

1 Like

Monero CCS - Reading Assignment.

  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
    After the community has offered feedback and critique, and the Core Team determined that the community has reached loose consensus, the request is merged, and 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?
    20.05.19 1400 XMR ~$120.000 from 40 contributors.

  3. What’s the current USD value of all ‘Work in Progress’?
    27.feb.2021 5219.82 XMR ~$1.152.535 (1 XMR = ~$220)

  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.
    The most valuable project on the list is Automatic Swap Implementation program, that is valued of 2727 XMR ~$602.121 (27th Feb. 2021) contributed by 139 people.
    It is supposed to be a trustless platform where users can swap their cryptocurrency like Bitcoin to Monero, by trading with other users directly.
    This project has the potential of increasing Monero’s liquidity and enabling Monero to get into the hands of more people.

    However, no milestones of 16, has yet been completed.

1 Like
  1. The core dev team for Monero makes the decision to move a project from idea to funding required when they feel a loose consensus has been reached in the community.
  2. Random X audits which was to test the new PoW algorithim. At the time of completion it was 1300XMR at the price of $91 or $119K.
  3. 5219.82 XMR or $1.154M.
    4.Atomic Swaps Implemention - This projects aims to bring cross chain atomic swaps to the Monero blockchain. This will allow for the direct cross chain transfer of assets without the need for centralized exchanges. This requires additional libraries to be added to the intial code base and will extend the usefulness of rust.
1 Like
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?

The core team after the community have reached a loose consensus

  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?
    RandomX Audits
    1400 XMR $130,480
    40 contributors
  2. What’s the current USD value of all ‘Work in Progress’?

$1,159,061.03

  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

This project aims to allow Crypto currency users to directly swap coins with each other without the use of a third party. All coins will be treated as equal and their history relevant and swaps will be private. The benefits to the Monero Eco system are the expansion of libraries (privacy code) and will also bring more liquidity and expand Monero’s user base in turn.

1 Like
  1. The Monero community.

  2. RandomX Audits: 1400 XMR, meaning $118,000 .

  3. $1,159,061.03

  4. anon: perfect peer to peer protocol from bottom to top
    Perfect monero blockchain synchronization daemon.

1 Like
  1. The community is asked to evaluate the idea and after this, once consensus is reached, the Core Team moves it to the Funding Stage.

  2. RandomX Audits 1400 xmr. $ 118,000. 40 contributors.

  3. $1,159,061.03

  4. 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.

1 Like
  1. After the Core Team has determined that the community has reached loose consensus, the MR is merged, and funding begins.

  2. The “RandomX Audits” completed task had the highest budget of 1400 XMR or around USD 119 000 at the time (May 2019). The contributors were:

  • Kudelski 18,250 CHF ~ $18,094.04
  • X41 42,000 Euro ~ $46,902.58
  • QuarksLab $52,800.00
  1. The current value of all ‘Work in Progress’ is
    XMR 5420.22, or
    USD 1 201 500.17 as of March 10, 2021.

  2. vtnerd Full-Time 2021 Q1” is proposed by developer Lee Clagett, who applied Dandelion++ to Monero. It simply asks for full-time funding so that he can continue to contribute to Monero. Features he intends to work on include p2p encryption, support for mempool scanning, and many features that I don’t understand!

1 Like
  1. the community

  2. Random X audits 1400 XMR, value in USD about 120k$.4 contributors.

  3. current value of “work in progress” is XMR 5420, USD 1,2M$.

  4. project name: anon
    it is a perfect P2P protocol, perfect monero blockchain synchronization deamon.

1 Like
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
    A = the community and the 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?
    A = RandomX Audits, 1400 XMR by 40 contributors at May 20, 2019. XMR was around $90.00 usd so that would be $126k usd at the time

  3. What’s the current USD value of all ‘Work in Progress’?
    A = 5,420.22 XMR = 1.2 M USD value

  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.
    A = https://ccs.getmonero.org/proposals/avis-moneropedia-userguides.html
    Chris Avis is proposing a translation to Norwegian of Moneropedia & User guides
    He’s supporting the Monero ecosystem by translating documentation to more languages apparently not only Norwegian.
    I find it really cool as this is just a simple way to support a community and making some simple honest money.

1 Like
  1. The Monero community
  2. RandomX Audits - $118,000 – 40 Contributors
  3. Around 3000 XMR, which would be l little less than 200,000 US$
  4. v1docq47, active contributor of XMR.RU team and translate into Russian everything related to Monero.
1 Like
  1. The Core Team determines that the community has reached loose consensus
  2. RandomX Audits with 1400XMR and 40 Contributors
  3. 2626.22 XMR = $615,002.42USD
  4. Monero FM - an online radio station for Monero. A radio station for all things Monero controlled partly by the Monero community
1 Like

. The core team.

. Proposal to add Monero as a payment option on the Tesla website. Current value around 150 000 $. 18 contributors.

.13864 xmr (3.43m usd).

. I choose the recent project Bulletproofs+ Audit for Monero. As the title implies, it is a code review of a c++ implementation of an upgrade to the BulletProof algorithm. the underlying algorithm was not implemented at first. Since there is now a c++ implementation of BP+ in the Monero code, an audit was needed, especially to check the conformity to the algorithm and also to check the security and privacy robustness.

1 Like
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’? — monero community evaluates idea then after consensus the core team moves ideas to funding required
  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 with 1400 XMR and 40 contributors,
  3. What’s the current USD value of all ‘Work in Progress’? ~14000 XMR = ~$4.9M
  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. — Monero FM, build monero community and raises awareness for privacy and cryptocurrency
1 Like
    1. After the Core Team has determined that the community has reached loose consensus, the MR is merged, and funding begins.
  1. Proposal to Add Monero (XMR) as a Payment Option on the Tesla Website. February 9, 2021 - 890 XMR - ($165*890XMR) = $146850

  2. 5165,82 XMR = $1,680,079 (15-4-2021)

  3. video creation and translations into russian (february - july 2021). This project is a localization of the Monero project into Russian. Creation of information / news and tutorials video for YouTube channel.

1 Like
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’? The community’s core team decides when funds are dispersed.

  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, value $119K USD with 40 contributors.

  3. What’s the current USD value of all ‘Work in Progress’? $1.9 mil (5113 x $373)

  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. Add Monero to TXStreet. TxStreet is a live cryptocurrency visualizer featuring the major coins. When a new transaction is broadcast to a cryptocurrency a person appears and attempt to board the bus. If the transaction fees are high enough they will board the first bus and be included on the next mined block. Otherwise the lower fee transaction will have to wait for another bus. Monero will have its own street, like bitcoin, Ethereum.

1 Like

1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
A loose consensus of the 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?
The task with the highest cost is currently the RandomX Proposal, which was requesting ~$118,000USD. There were 40 contributors to this proposal.
3. What’s the current USD value of all ‘Work in Progress’?
A lot.
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.
Task: Continued Feather Wallet development (Q1 2021)
Overview:
This CCS proposal is for 3 months of full time Feather Wallet development.

The goal of this proposal is to:

  • Reach feature-parity with the GUI (this mostly concerns hardware wallet support)
  • Further advance the Monero desktop wallet space by implementing new (and experimental) features.
1 Like
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
    The 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?
    Random X audits with $118,000. 40 contributors

  3. What’s the current USD value of all ‘Work in Progress’?
    $2mill

  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.
    Monero.FM is an online radio station for Monero controlled in part by the community. This will add a more hands on community involvement aspect to their brand. The community will be able to pick DJ’s and guests as well as vetted community members to queue tracks during non-DJ hours. This will appeal to many members of the Monero community as it adds a sense of exclusivity to the project and interaction that was not otherwise possible. Also depending on the content that the radio exhibits, the community will feel more heard and a part of the project rather than just a consumer. The success of this proposal greatly depends on the effort and substance that Monero chooses to input.

1 Like
  1. The Monero community decides what idea is chosen.
  2. As of 2021 (May), the RandomX Audits has the highest budget with 1400 XMR. USD Value:
    Kudelski 18,250 CHF ~ $18,094.04
    X41 42,000 Euro ~ $46,902.58
    QuarksLab $52,800.00
  3. The current USD value of ‘Work in Progress’ is 170847$
  4. The project is video creation and translations into russian (2021) this is the translation of Russian to all things related to Monero. Works for this project:
  • Monero News (Weekly) (22 episodes)
  • Monero News (Quarterly) (2 episodes)
  • Short Q&A about Monero (4 episodes)
  • Working on translations for Montero Outreach articles
  • Zero to Monero: Second Edition (completely)
  • Support translations for Weblate (Russian)
    Total is 54 XMR for 6 months work at 9XMR per month.
1 Like