Proposal: Dash Electrum Support and Development Jan 2022

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akhavr

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Oct 11, 2014
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Electrum is probably the most popular open-source SPV wallet for bitcoin. Early 2017 I've picked up maintenance and support for DASH Electrum. Since then, I've assembled a small team of three developers. This is a proposal to fund the continuing development and support for Dash Electrum.

Execution and Schedule:

Work already performed or in progress. Deliverables are released publicly as soon as they are ready.

During next 3 months we plan to work on the following:
  • follow the upstream development
  • fix dash-specific issues (see github)
  • complete alternative mixing capabilities
  • investigate possibilities for DLC contracts, potentially leading a way to implement DeFi on Dash

Amount requested:

After paying Dec salaries, we are short of 25.5804 Dash.

At current exchange rate of 136.36USD/Dash our run rate is ~110.01 Dash per month.
  • 110.01 Dash * 3 month = 330.03 Dash
  • 5 Dash proposal submission
  • 25.58 Dash deficit
Total: 360.61 Dash or 120.20 Dash per month (121 Dash per month, rounded up)

As usual, in case of DASH appreciation, any leftover funds would be spent to extend the duration of the project. In case of DASH depreciation, we will go into a deficit mode again and will submit a new proposal after the end of this 3 month period.

Unless there would be material objection, this preproposal would be posted as complete proposal around Monday, Jan 3rd

Upd: posted as https://www.dashcentral.org/p/DashElectrumJan2022
 
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GrandMasterDash

Grizzled Member
Masternode Owner/Operator
Jul 12, 2015
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I'm okay with this proposal but I'm just curious what the motivation is for DLCs?
 

akhavr

Active Member
Oct 11, 2014
837
414
133
I'm okay with this proposal but I'm just curious what the motivation is for DLCs?
After talking for several years with people "on the ground", who are running "real" businesses and are friendly to crypto, most of them say that the barrier is the absence of way for transferring and storing "stable" value, in, say, USD. That's why there's an explosion in stablecoins lately.

Creating DLC provides a way for utxo-based cryptocurrencies to introduce transferable stable value. Right now, doing it on Bitcoin is prohibitive because of fees and average block time. Implementation of DLC on Lightning is problematic until the protocol will be upgraded to PTLC instead of HTLC now.

Meanwhile, Dash still provides cheap (1duff/byte) and fast (InstantLock) transactions onchain. This might be an option for Dash to regain popularity.

Basically, that's my motivation to do prototype implementation of DLC's on Dash using Electrum codebase.
 

vazaki3

Active Member
Jul 1, 2019
504
195
113
33
apogee.dynu.net
Dash Address
XnpT2YQaYpyh7F9twM6EtDMn1TCDCEEgNX
Dash Watch Proposals List

2021-07-28 to 2017-06-03
$65520+$10452+$16352+ $45752+$27612+$51302+$39964+$9398+$18715+$8415+$23760+$31464+$32025+$56400+$60000+$19028+$12496= $528655

Dash Electrum July 2021 proposed by AKHAVR
Status: In Progress
First Date Paid: 2021-07-28
Total funding received: $65,520.00
Anticipated Completion: October 31, 2021

Dash Electrum April 2021 proposed by AKHAVR
Status: In Progress
First Date Paid: 2021-04-28
Total funding received: $10,452.00
Anticipated Completion: N/A

Dash Electrum January 2021 proposed by AKHAVR
Status: In Progress
First Date Paid: 2021-01-28
Total funding received: $16,352.00
Anticipated Completion: April 30, 2021

Dash Electrum October 2020 proposed by AKHAVR
Status: Completed
First Date Paid: 2020-10-29
Total funding received: $45,752.00
Actual Completion: January 31, 2021

Dash Electrum July 2020 proposed by AKHAVR
Status: In Progress
First Date Paid: 2020-07-30
Total funding received: $27,612.00
Anticipated Completion: October 31, 2020

Dash Electrum April 2020 proposed by AKHAVR
Status: In Progress
First Date Paid: 2020-04-30
Total funding received: $51,302.00
Anticipated Completion: July 31, 2020

Dash Electrum Support and Development Dec 2019 proposed by AKHAVR
Status: In Progress
First Date Paid: 2020-01-30
Total funding received: $39,964.00
Anticipated Completion: March 31, 2020

DashElectrumOct2019 proposed by AKHAVR
Status: In Progress
First Date Paid: 2019-10-31
Total funding received: $9,398.00
Anticipated Completion: December 31, 2019

DashElectrumExtendedFunding2019 proposed by AKHAVR
Status: In Progress
First Date Paid: 2019-10-01
Total funding received: $18,715.00
Anticipated Completion: December 31, 2019

Dash Electrum 2019 proposed by AKHAVR
Status: Completed
First Date Paid: 2019-08-01
Total funding received: $8,415.00
Actual Completion: Oct 31, 2019

Dash Electrum March 2019 proposed by AKHAVR
Status: Completed
First Date Paid: 2019-04-02
Total funding received: $23,760.00
Anticipated Completion: July 31, 2019

Dash Electrum Dec 2018 proposed by AKHAVR
Status: Completed
First Date Paid: 2019-01-01
Total funding received: $31,464.00
Actual Completion: March 31, 2019

Dash Electrum Q3 and Q4 support and development proposed by AKHAVR
Status: Completed
First Date Paid: 2018-10-02
Total funding received: $32,025.00
Actual Completion: December 31, 2018

Proposal: dash-electrum development and support 2018 proposed by AKHAVR
Status: Completed
First Date Paid: 2018-06-03
Total funding received: $56,400.00
Actual Completion: September 30, 2018

Сontinuing electrum-dash development and support in 2018 proposed by AKHAVR
Status: Completed
First Date Paid: 2018-03-03
Total funding received: $60,000.00
Actual Completion: April 30, 2018

Open Source DASH-Ripple gateway proposed by AKHAVR
Status: Completed
First Date Paid: 2017-06-03
Total funding received: $19,028.00

Continuous electrum-dash development and support proposed by AKHAVR
Status: Completed
First Date Paid: 2017-06-03
Total funding received: $12,496.00
 
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vazaki3

Active Member
Jul 1, 2019
504
195
113
33
apogee.dynu.net
Dash Address
XnpT2YQaYpyh7F9twM6EtDMn1TCDCEEgNX
Dash Watch Proposals List

2021-07-28 to 2017-06-03
$65520+$10452+$16352+ $45752+$27612+$51302+$39964+$9398+$18715+$8415+$23760+$31464+$32025+$56400+$60000+$19028+$12496= $528655

Dash Electrum July 2021 proposed by AKHAVR
Status: In Progress
First Date Paid: 2021-07-28
Total funding received: $65,520.00
Anticipated Completion: October 31, 2021

Dash Electrum April 2021 proposed by AKHAVR
Status: In Progress
First Date Paid: 2021-04-28
Total funding received: $10,452.00
Anticipated Completion: N/A

Dash Electrum January 2021 proposed by AKHAVR
Status: In Progress
First Date Paid: 2021-01-28
Total funding received: $16,352.00
Anticipated Completion: April 30, 2021

Dash Electrum October 2020 proposed by AKHAVR
Status: Completed
First Date Paid: 2020-10-29
Total funding received: $45,752.00
Actual Completion: January 31, 2021

Dash Electrum July 2020 proposed by AKHAVR
Status: In Progress
First Date Paid: 2020-07-30
Total funding received: $27,612.00
Anticipated Completion: October 31, 2020

Dash Electrum April 2020 proposed by AKHAVR
Status: In Progress
First Date Paid: 2020-04-30
Total funding received: $51,302.00
Anticipated Completion: July 31, 2020

Dash Electrum Support and Development Dec 2019 proposed by AKHAVR
Status: In Progress
First Date Paid: 2020-01-30
Total funding received: $39,964.00
Anticipated Completion: March 31, 2020

DashElectrumOct2019 proposed by AKHAVR
Status: In Progress
First Date Paid: 2019-10-31
Total funding received: $9,398.00
Anticipated Completion: December 31, 2019

DashElectrumExtendedFunding2019 proposed by AKHAVR
Status: In Progress
First Date Paid: 2019-10-01
Total funding received: $18,715.00
Anticipated Completion: December 31, 2019

Dash Electrum 2019 proposed by AKHAVR
Status: Completed
First Date Paid: 2019-08-01
Total funding received: $8,415.00
Actual Completion: Oct 31, 2019

Dash Electrum March 2019 proposed by AKHAVR
Status: Completed
First Date Paid: 2019-04-02
Total funding received: $23,760.00
Anticipated Completion: July 31, 2019

Dash Electrum Dec 2018 proposed by AKHAVR
Status: Completed
First Date Paid: 2019-01-01
Total funding received: $31,464.00
Actual Completion: March 31, 2019

Dash Electrum Q3 and Q4 support and development proposed by AKHAVR
Status: Completed
First Date Paid: 2018-10-02
Total funding received: $32,025.00
Actual Completion: December 31, 2018

Proposal: dash-electrum development and support 2018 proposed by AKHAVR
Status: Completed
First Date Paid: 2018-06-03
Total funding received: $56,400.00
Actual Completion: September 30, 2018

Сontinuing electrum-dash development and support in 2018 proposed by AKHAVR
Status: Completed
First Date Paid: 2018-03-03
Total funding received: $60,000.00
Actual Completion: April 30, 2018

Open Source DASH-Ripple gateway proposed by AKHAVR
Status: Completed
First Date Paid: 2017-06-03
Total funding received: $19,028.00

Continuous electrum-dash development and support proposed by AKHAVR
Status: Completed
First Date Paid: 2017-06-03
Total funding received: $12,496.00
You can also see similar information here (the mnowatch database keeps data from 2020-11-28 until today)-->
DASH Proposal Owners - akhavr (mnowatch.org)

In order to watch how much money each proposal owners received:
Compare this----> TOWN SQUARE (dashtownhall.com)
to this ----> Dash Watch Proposals List
and to this ---------> DASH Proposal Owners (mnowatch.org)

Calculate how much money each one of the above reporting pages cost to the Dash budget (hint [1] , [2]), and PLEASE, stupid masternodes, vote wisely next time!
 
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