Token Daily

kace91 1 month ago

This looks awesome, although as a self taught student, lack of solutions for the problems is a deal breaker for me. I understand the reasoning though (he doesn't want his students to have them available before he wants, so they can't take the easy way).

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PlayfulRemote9 1 month ago

he's a pretty awesome dude, try emailing him and ask/explain your situation he's usually really happy to help. He loves telling the story of how he got a 2.6 gpa in college and just self taught things he was interested in, so he can probably relate on some level.

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KidSense_Kadho 1 month ago

any application for speech recognition?

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__j_random_hacker 1 month ago

Recognising speech comes to mind.

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PlayfulRemote9 1 month ago

This was my professor for algorithms! Very cool to see

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foxh8er 1 month ago

Hey look, it's a fucking elite. Where did you intern, eh?

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PlayfulRemote9 1 month ago

hahaha chill out mate no need to take out your anger on internet strangers. I'm not elite but I appreciate the kind thought

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jimschubert 1 month ago

How did you enjoy the course? I was wondering if you have you taken any online courses that you'd consider comparable to the course material, or that you'd think the book would accompany well.

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PlayfulRemote9 1 month ago

I really enjoyed the course, it was also one of the hardest I’ve ever taken. He’s an amazing teacher. It’s notorious at uiuc for being one of the hardest classes in the curriculum(if not hardest). But there’s no doubt you’ll leave the class understanding the concepts well(if you put in the work). I haven’t taken any online courses that are similar. I believe I have his lecture videos lying around though if yould like. They follow the book. If I remember right you can go on his website to look at our algorithms exams/homework’s/lectures as well. Edit: after this course, you will enjoy getting dynamic programming problems in interviews. They become so easy relative to the ones we had to do in homework’s and exams. [next course in the sequence, but paints a funny picture](https://scontent-sea1-1.xx.fbcdn.net/v/t31.0-8/1233242_10151679835032869_907812609_o.jpg?_nc_cat=110&_nc_ht=scontent-sea1-1.xx&oh=fa951858dcc839f5cac79440934f3ab8&oe=5CC819F3)

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DonnyTheWalrus 1 month ago

This just got posted like three days ago.

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jaredpearson 1 month ago

https://reddit.com/r/programming/comments/abs2hp/an_interesting_book_about_algorithms_algorithms/

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ProgramTheWorld 1 month ago

algorithms.wtf

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victotronics 1 month ago

That looks excellent.

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bitwalker 1 month ago

Thank you

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ShoneBoyd 1 month ago

Terrific materials, I love it. Side note, one of the notes (disjoint sets in the directors cut) is missing. Is it just me or anyone else is facing the same 404 response?

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hafezrabbani 1 month ago

I love the pattern of Alkharazmi

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TheSOB88 1 month ago

i had on algorhythm onced

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anedgygiraffe 1 month ago

Does it look like a swastika to anyone else?

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miracle173 1 month ago

No, not to me.

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bigdeddu 1 month ago

The singular of the English word “vertices” is vertex. Similarly, the singular of “matrices” is matrix, and the singular of “indices” is index. Unless you’re speaking Italian, there is no such thing as a vertice, matrice, indice, appendice, helice, apice, vortice, radice, simplice, codice, directrice, dominatrice, Unice, Kleenice, Asterice, Obelice, Dogmatice, Getafice, Cacofonice, Vitalstatistice, Geriatrice, or Jimi Hendrice!

brilliant footnote. I'll be reading all of them now in search of another pearl like this.

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plin25 1 month ago

There's a nice footnote on page 64 about redundant names. Also grep for "Brosh" and related footnotes, as well as a non-footnote about Steven Skiena.

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emperor000 1 month ago

He might be wrong about that last one depending on how you consider the first name... https://www.facebook.com/jimmy.hendrice.1

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bhat 1 month ago

>Chapter 0 uses induction, and whenever Chapter n−1 uses induction, so does Chapter n.  I last studied and taught algorithms over 20 years ago, but I think I'm going to enjoy reading this book. :)

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bhat 1 month ago

From the copyright page: >Portions of our programming are mechanically reproduced, and we now begin our broadcast day. 

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MeatboxOne 1 month ago

"Orange stars indicate that you are eating Lucky Charms that were manufactured before 1998. Ew. " pg iv

lmao this is pretty dope. Thanks for sharing!

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PlNG 1 month ago

I need to check this out later.

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solothehero 1 month ago

I took his Algorithms class. It was the hardest class I have ever taken. I was never more proud and more relieved when I got a C- in that class.

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jeff303 1 month ago

This anonymous homework submission to the same professor may be of interest and amusement as well.

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butter8 1 month ago

😂😂💯

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wchill 1 month ago

[I personally enjoyed this Piazza post about a 473 student who paid a guy in Ukraine to do his homework, and the Ukrainian emailed JeffE to complain about how hard the homework was](https://scontent-sea1-1.xx.fbcdn.net/v/t31.0-8/1233242_10151679835032869_907812609_o.jpg?_nc_cat=110&_nc_ht=scontent-sea1-1.xx&oh=fa951858dcc839f5cac79440934f3ab8&oe=5CC819F3)

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brainerazer 1 month ago

Am Ukrainian, its Ukraine, sans "the", please :)

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wchill 1 month ago

Fixed

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brainerazer 1 month ago

Thanks, have a nice day!

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jeff303 1 month ago

Hadn't seen this one. Awesome.

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NearlyAlwaysConfused 1 month ago

In the description about what the icons mean next to practice problems:

"Orange stars indicate that you are eating Lucky Charms that were manufactured before 1998. Ew" Sets a good tone for the rest of the book... I'm in!

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Fir3Chi3f 1 month ago

Just skimming through and ran across this gem:

"Orange stars indicate that you are eating Lucky Charms that were manufactured before 1998. Ew" - Jeff Erickson

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delight1982 1 month ago

Did anyone else find the hidden message in the logo?

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bladeg30 1 month ago

[Al-Khwarizmi](https://en.m.wikipedia.org/wiki/Muhammad_ibn_Musa_al-Khwarizmi), written in arabic

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HelperBot_ 1 month ago

Desktop link: https://en.wikipedia.org/wiki/Muhammad_ibn_Musa_al-Khwarizmi *** ^^/r/HelperBot_ ^^Downvote ^^to ^^remove. ^^Counter: ^^229130

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superfatkid 1 month ago

Good bot

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kizerkizer 1 month ago

jeffe I hereby summon thee! Where is the master of the DAG?

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jeffgerickson 1 month ago

Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn!

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Ikuyas 1 month ago

Great design.

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KidSense_Kadho 1 month ago

what exactly did you like about the design?

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Ikuyas 1 month ago

He has a good latex style. Seems like he writes it by himself.

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aenimaxoxo 1 month ago

Looks like a fantastic book. The other notes look really interesting as well. Thanks for sharing op

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Clers 1 month ago

Jeff Erickson is a good bot.

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plin25 1 month ago

good bot

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Papa_Furanku 4 weeks ago

good bot

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WhyNotCollegeBoard 4 weeks ago

Are you sure about that? Because I am 93.46864% sure that plin25 is not a bot. --- ^(I am a neural network being trained to detect spammers | Summon me with !isbot <username> |) ^(/r/spambotdetector |) [^(Optout)](https://www.reddit.com/message/compose?to=whynotcollegeboard&subject=!optout&message=!optout) ^(|) [^(Original Github)](https://github.com/SM-Wistful/BotDetection-Algorithm)

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FridayThatWas 1 month ago

Any link for the epub/mobi version? Any plans for one? Any method to get author response on this? Or maybe we should start working on it? I'll be happy to start it as a minor project.

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jeffgerickson 1 month ago

**Not any time soon.** Converting the LaTeX source into something like Markdown that can be reflowed is at least several months of work, especially given all the pseudocode and displayed equations and (quasi)figures and Unicode and footnotes\* and references to page numbers and typographic tricks and general TeX HaXing. The only good way to write a book for epub/mobi is to start it that way from the beginning. ANd I didn't. \*and their footnotes

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FridayThatWas 1 month ago

Ok. Thanks for that info.

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tobiasvl 1 month ago

Open an issue on GitHub and ask if it's in the works? Edit: https://github.com/jeffgerickson/algorithms/issues/16

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wchill 1 month ago

Fun fact: http://algorithms.wtf redirects you to the same page, run by /u/jeffgerickson (the author)

I took his CS 473 algorithms class a couple years back and really enjoyed it, though admittedly I've since forgotten a lot of the more advanced stuff due to disuse

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apnorton 1 month ago

JeffE is probably my favorite user on CS StackExchange! So happy to see his book finally finished. :)

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jeff303 1 month ago

I also took it but wasn't fortunate enough for Erickson to be teaching it that semester. My experience matches yours.

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gauauuau 1 month ago

>I also took it but wasn't fortunate enough for Erickson to be teaching it that semester. My experience matches yours. I wish I had waited for Erickson before I took it. I took it in a different semester and had a trainwreck of a prof. Don't remember his name, but the class was a joke. (somehow I got an A+ without understanding anything taught). Mostly the only thing I remember from the class was doing crossword puzzles from the newspaper in that giant lecture hall instead of paying attention.

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wchill 1 month ago

Heh, I delayed taking it until the first semester he taught the new 473 for that reason. JeffE is a god

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Febos Maximalist of Decentralization and Open source 7 hs ago

There is huge real estate bubble of course they will accept anything just to sell.

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jam-hay Crypto God | QC: CC 254 7 hs ago

Property has been sold for crypto in Dubai for years

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psswrd12345 8 hs ago

Post the full emailed document, please, or it didn't happen.

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Psychobert 3 - 4 years account age. 400 - 1000 comment karma. 1 h ago

It didn't. I own an Emaar property over here and no-one has heard of this..

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jsmoke00 1 - 2 years account age. 200 - 1000 comment karma. 8 hs ago

More garbage from trustnodes. Emaar already denied this.

https://www.bloomberg.com/news/articles/2019-02-20/emaar-denies-reports-it-will-accept-payment-in-digital-currency

https://www.arabianbusiness.com/construction/413674-emaar-denies-it-plans-to-accept-digital-currency-payments

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BeerBellyFatAss Ethereum fan 6 hs ago

So trustnodes sucks, Abacus Journal is full of shit and Coindesk refuses to name Ethereum in articles that pertain to it. You have to wonder how Eth has made it this far with all the misinformation stacked against it?.

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belizeth kind sir 3 hs ago

You perform an important service. Please keep the news coming. We all should keep reading with a healthy scepticism.

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AQuentson 4 - 5 years account age. 250 - 500 comment karma. 8 hs ago

Yeah, it's not very clear what is going on here. Saw that article after it was published. Been trying to chase Emaar for a few days, and they haven't clarified. The attached document says Emaar only accepts fiat, that the agents are the ones entering into a relation with Bitcoin Suisse etc. So can see why there might be a misunderstanding in regards to a Bloomberg reporter going there to ask plainly. If Invest Group is rogue, then that's a different matter. So, either Emaar is shy, or Invest Group is some scam. If I had more resources I'd be able to get to the bottom of it, but before this denial it sounded like Emaar accepting cryptos while not quite doing so because they get fiat.

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ruvalm Bullish on ETH 8 hs ago

It's good news for those that want to pay directly in crypto, but

There’s a five pages document attached to the email describing the process of paying with bitcoin or eth, which are converted into dollars with Emaar receiving fiat.

Apparently it gets liquidated into fiat and that's what the company gets. It would definitely be even more interesting if these companies wanted to retain their revenue (or a part of it) in crypto.

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upscaleHipster Crypto Nerd Yesterday

"There’s a five pages document attached to the email describing the process of paying with bitcoin or eth, which are converted into dollars with Emaar receiving fiat."

Sounds like it's still fiat on their end.

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T-m-X 1 - 2 year account age. 100 - 200 comment karma. 9 hs ago

Daahhhh... like everybody else..buy crypto just to exit to fiat when it rises after more noobs buy crypto at higher price. and cycle repeats/

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mac3wan Redditor for 5 months. 11 hs ago

Fiat wins again

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gjsteele71 1 year ago

Have seen this mentioned a few times today. Statement from the guys losing the ETH? "Nothing to see here, move along. Everything is fine."

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BlackBeltJak 1 year ago

That's because they've agreed to take all of the losses themselves and not force people using their service to pay for it. They've made public statements admitting to what the issue was too. So there basically is nothing to see here for anyone using the service. If anything I think this is an extremely mature and respectable way to handle an issue like this, and it'll likely just cause people to trust them.

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mrpopenfresh 1 year ago

oops

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simkessy 1 year ago

I bought my coins last week, should I be concerned?

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rfugger 1 year ago

If you are holding your coins on an exchange, then you should always be concerned, because you don't control them and they could be lost at any time. Get a hardware wallet and withdraw them to an address you control.

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simkessy 1 year ago

I understand the general concern off holding coins on an exchange. I mean specifically to this current issue. Either way, I've begun moving my coins to an android wallet until I understand what's going on better with this situation. I don't have time to read through everything and figure it out and I'd rather be safe than sorry right now.

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rfugger 1 year ago

In the linked thread people are seemingly withdrawing with no issues, so they seem solvent for now. This specific issue is exactly why you don't hold coins on an exchange unless you're trading them right away. If your Android device is connected to the internet, you may not be any better there. Get a proper hardware wallet or a dedicated offline machine to hold your keys, and back them up to multiple safe offline locations. Never expose your keys to the internet.

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simkessy 1 year ago

I can confirm that I was able to move my coins from Quad to an Andriod Wallet so that does seem to be good for now. I'll move them offline when I get home and can setup properly. Thanks for the help.

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rfugger 1 year ago

I'm glad it worked out for you. Take care of your coins :)

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potato-in-your-anus buy the dip! 1 year ago

Chris, you turned statist the other day out of coin envy, and now you're trying to gloat over some SFYL event in ethereum, when the same kind of SFYL happens on a daily basis with bitcoin.

What the fuck is wrong with you and why can't you just go into therapy instead of inflicting your stupidity on us?

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dgerard 1 year ago

You need to talk more about funny stuff, you do okay at that; you consistently sound like a tedious twat when you go off at a bitcoiner you've taken a dislike to.

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potato-in-your-anus buy the dip! 1 year ago

I try to stick to the funnies in this sub, but I don't like to see this troll waltz in here.

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[deleted] 1 year ago

[deleted]

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potato-in-your-anus buy the dip! 1 year ago

Hey fam.

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brighton36 1 year ago

Lol, you really hate me. I'm flattered.

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biglambda special needs investor. 1 year ago

I've been trying to tell you. The butthurt is real over here man. /u/Potatoe-in-your-anus get to a hospital, it sounds bad.

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SnapshillBot 1 year ago

We verified that against the blockchain.

Snapshots:

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Marcion_Sinope Yesterday

I was talking to Bitcoin about regulators earlier today.

He's not really that interested in what they think.

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myquidproquo 11 hs ago

She

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lilcryptoboy 9 hs ago

*Xe /s

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admiralCeres Yesterday

The SEC will never approve a Bitcoin ETF until Wall Street tells them to. They take their orders from the banks. Sad.

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MasterBaiterPro Yesterday

Get rekt cryptomom, along with your SEC shit. Crypto innovation doesn't need your permission and never will.

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GreenEyeFitBoy Yesterday

A lot of beating around the bush in that interview

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dwindlingfiat Redditor for 8 months. 8 hs ago

It's probably a big bush.

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GreenEyeFitBoy 8 hs ago

🤢

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mreporter001 Yesterday

An excerpt:

I noticed that your Twitter DMs are open. What kind of messages are you getting from the crypto community?
A range of messages, some blaming me for having lost all their money in crypto and some offering to give me their perspectives on what’s going on in crypto. I do prefer if people reach out directly to my office. It’s just an easier way to be able to communicate with people. I’m not particularly quick at responding to the DMs.

But they are open, so I guess you do want to hear some of what people have to say.
I’m always eager to hear from people, and I think people in this space always have interesting thoughts. I like hearing from people who don’t normally interact with the SEC because part of the message I want to get across to people is that if we’re going to put a regulatory framework in place that is going to affect what you can and can’t do, I really want to know what you think.

How does it feel when someone blames you for losing their life savings?
My heart goes out to people who have lost a lot of money, whether it’s in this kind of investment scam or any kind of investment scam, and that’s why I really do encourage people, whether it’s crypto or whether it’s any other kind of investment, to ask lots of questions. And if you can’t get answers and if you don’t understand how something works, my suggestion is that you shouldn’t invest. I’m always sad when people get hurt, but I do think that it can be a good lesson for them and the rest of us that you need to to be skeptical and be careful.

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Bitcoin_21 Yesterday

> I’m always eager to hear from people, and I think people in this space always have interesting thoughts. "wen moon?"

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YAKELO Yesterday

> My heart goes out to people who have lost a lot of money, whether it’s in this kind of investment scam or any kind of investment scam, and that’s why I really do encourage people, whether it’s crypto or whether it’s any other kind of investment, to ask lots of questions

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ABitcoinAllBot 3 hs ago

Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: newsybitcoin

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ebesner Yesterday

Maybe the social medias will be the path to widespread adoption of LN.

For example, if influencers create their own LN nodes for their followers to easily connect to it, this could spreads like fire. LN nodes need to be offered as an easy 'one-click' solution to the masses. I can see mobile operators offering LN node hosting services to their customers. As a matter of fact, any large consumer based business could start offering LN node hosting just in a similar way they all offer a credit card account. They could even offer bitcoin refill services. Most people would then be able to participate in the LN based economy without the need to ever go through an exchange.

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Zelgada Yesterday

>Maybe the social medias will be the path to widespread adoption of LN I hope so :) I've started a LN powered social media platform. Doesn't cost anything to post, so new users can earn their first few Satoshi. I hope to have more non-Bitcoin content, but the users are obviously mostly crypto enthusiasts right now. It's a work in progress (open source), but you can check it out at www.zapread.com

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CosmicHemorroid Yesterday

Do you have a Twitter account? I'd be happy to retweet you if you'd like. Also, have you listed your site on the various Lightning lists?

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Zelgada 11 hs ago

Thanks! I am always looking for advice on how to make the website better. If you want to see something different - just ask! Twitter: [https://twitter.com/ZapRead](https://twitter.com/ZapRead)

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IBShillinn redditor for a day Yesterday

Doesnt "tip" denote something of value, what is the pizza:millionth of a bitcoin exchange rate currently?

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greengenerosity redditor for 3 weeks Yesterday

Every satoshi counts. A large number of smaller tips can add up, at the very least it functions as a gesture.

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Danny1878 11 hs ago

lntip! 100

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mossow 2 hs ago

In regards of transparency, I think Aragon Nest has gave an good example how it can be done - https://github.com/aragon/nest/issues . They have everything public - proposal, budget, feedback, decision. Heres another example how full transparency is established in scientific research https://www.guaana.com/projects

People tend to hide or lie, when they feel something has been done wrong

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mossow 2 hs ago

In regards of transparency, I think Aragon Nest has gave an good example how it can be done - https://github.com/aragon/nest/issues . They have everything public - proposal, budget, feedback, decision. Same transparency level is in www.guaana.com

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belizeth 9 hs ago

Great news EF. Keep going. Hard work is almost always rewarded.

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terrific_terry 9 hs ago

How much went to each project? We need to know

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terrific_terry 9 hs ago

Despicable failure of transparency.

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ILikeTheBlueRoom 4 hs ago

Can you justify this statement with an argument?

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jtnichol Big Hugs From KC 11 hs ago

This comment was removed as posting spam (which includes referral links) goes against the subreddit rules. Please do not break this rule again.

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huntingisland 11 hs ago

Frankly appalled by the arrogance of a non-profit thinking it can hide the amounts of money it disperses to various (many of them for-profit) companies and individuals.

In the United States this would be illegal. I do not know the laws in Switzerland but I would be very surprised if this can pass legal muster there either.

This is not anything I would ever expect from the Ethereum Foundation. Please fix this ASAP!

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AZA214 10 hs ago

I really don't understand what all the outrage is about. Grant announcements = good news for Ethereum. In a community as big as Ethereum, not everything is going to be done 100% the way you want.

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huntingisland 10 hs ago

The outrage is about moving backwards in the transparency department for reasons of expediency. Many of us hold transparency in financial matters as one of the most important principles for a non-profit community, especially one that promises to change the world as much as Ethereum promises to.

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akalaud 8 hs ago

" we do not want applicants to be prejudiced by previous wishlists and award amounts. Instead, we seek innovative ideas and detailed budgets. " That's a very reasonable decision.

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huntingisland 8 hs ago

No, it’s not. Backsliding on transparency needs a damn good reason. “The applicants ask for too much money” and “we don’t want people to get their feelings hurt” are not damn good reasons.

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Nucclear 6 hs ago

You’re confusing prejudiced with feelings hurt. These are very different. Given the context, prejudiced is another way of saying influenced. For example, I want my house painted and seek bids from various contractors. I won’t disclose the previous bids to each contractor because I want their lowest bid and not be PREJUDICED by competing bids. The EF wants each project to give an honest budget and not request some ridiculous amount because a previous project was awarded $100 million.

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EvanVanNess WeekInEthereumNews.com 11 hs ago

i'm very curious as to what US laws you think would apply if EF was a registered non-profit in the US. you realize that if EF had brought all these people on as contractors instead of grantees then you wouldn't be complaining?

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huntingisland 11 hs ago

Nonprofits in the United States must hold to standards of transparency on expenditures. See: https://www.nolo.com/legal-encyclopedia/question-are-nonprofits-finances-public-information-28028.html For a brief summary Bottom line: this is seriously not a good look for the EF, to hide information, even if you do have reasons of expediency to do so. Absolutely the wrong hill to die on. You guys are getting negative feedback from tons of your biggest supporters on this decision!

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EvanVanNess WeekInEthereumNews.com 10 hs ago

nothing in your provided link supports your assertions in your original comment.

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terrific_terry 9 hs ago

Evan you are wrong on this one.

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akalaud 8 hs ago

No he is not.

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huntingisland 10 hs ago

Form 990 which all US non-profits are required to file includes grants and grant recipients with amounts. But really, do we really even have to have a conversation about *why transparency is a good thing?*

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akalaud 8 hs ago

" The IRS and nonprofits themselves are required to disclose the information on Form 990 to anyone who asks. Nonprofits must allow public inspection of these records during regular business hours at their principal offices. "  Provide info to IRS and anyone who asks, not to the world at large. I think EF decision is fine as it is.

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huntingisland 8 hs ago

Ok, so when a media organization “asks”, and then publishes the response, that’s better than being transparent in the first place?!

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akalaud 8 hs ago

There is no need for such broad generalizations. EF has an admirable reason for doing so and they clearly and publicly described the reason. That's a lot of transparency in line with legal requirement.

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MiscoloredFruit Yesterday

More clickbait FUD from you today huh? The relevant quote from the EF statement:

Finally, while we generally aim to increase the transparency of the Grants Program, we have chosen not to include grant award amounts or a wishlist. We have made these decisions because we do not want applicants to be prejudiced by previous wishlists and award amounts. Instead, we seek innovative ideas and detailed budgets.

The funding recipients are all listed, just not the amounts given to each. You are right though, the message from the EF is clear: we want to avoid pigeonholing developers into certain types of projects which are most likely to receive a larger grant.

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MasterUm Yesterday

WTF is this title.

Article just announces some grants, all seem reasonable to me.

u/Bitcoin1776 what problems do you see there?

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oldskool47 DigixGlobal fan 9 hs ago

Check the maxi username

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Pasttuesday Yesterday

I think it’s fine. They just don’t want teams to be salty

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1solate Yesterday

Shadowlands is pretty cool. Gonna be fiddling with that this weekend.

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noerc 10 hs ago

Yeah this project is indeed special. Their dedication to hardware wallet support is also great.

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Bitcoin1776 Yesterday

I am very disheartened to see the EF moving away from participation in the "Open Source" community and moving toward a Privatized Ownership.

The increased obfuscation, and the repeated representations that the EF is not a charity and is not open and is seemingly not bound to support ETH, aside the good graces of the Signing members (VB, et al), creates significant public confusion.

Is the EF part of the Open Community or a Privatized Club? From the representation of their management, it is clear. But the general public, sadly, still thinks of them as Open and part of Ethereum.

This to me is going the way of Ripple, and not the inclusive direction I would have preferred for Ethereum, but ces't la vie: it's private property, they can do with it what they want.

But if they were honest about their intents, we wouldn't have the confusion we have today. If they were Open and Inclusive, they would be more scalable then they will exist as a Privatized Club.

Ethereum Foundation is NOT Ethereum.

That is not "FUD", that is their position. EF is Private.

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AZA214 11 hs ago

[u/cryptochecker](https://www.reddit.com/u/cryptochecker)

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tz1tzikas Yesterday

I like the idea behind deepsea.

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tz1tzikas Yesterday

I like the idea behind deepsea.

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cehhiro Yesterday

Another grant, another day education is ignored.

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EvanVanNess WeekInEthereumNews.com Yesterday

what do you want to see?

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terrific_terry 9 hs ago

Transparency in an organization **we made exist**

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aSchizophrenicCat 7 hs ago

Geez. Some of you community members need to get off your high horse. You didn’t create Ethereum. People bought in early for the Blockchain tech. We didn’t make it exist, we simply bought what was created, and some develop on top of what was created for us.

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scott_lew_is Yesterday

This announcement is a transparency failure. By hiding the amounts received, EF is avoiding accountability for its decisions.

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PatrickOBTC 5 hs ago

Accountability to who? EF sold ETH in the crowdsale and released the product multiplying contributors original investmest more than 300 fold. To whom does EF owe an explanation for anything?

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litpath 5 hs ago

Most probably shaken by how people kept bringing up the $5mil grant given to Parity during this Afrigate drama. But they need to realise that the answer to that isn't less transparency, it's more.

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sneg5555 Yesterday

Crypto it is transparency they've told me. Another PR failure from Ethereum Foundation.

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EvanVanNess WeekInEthereumNews.com Yesterday

should all EF salaries of employees and hourly rates for contractors be public too? if you think about it, a grantee shares quite a few similarities with a contractor EDIT: As a general rule, everyone agrees that EF should be more transparent. I'd note that EF has been massively improving on transparency over the last year, and obsessing over one data point is counterproductive.

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huntingisland 11 hs ago

Umm, yes, in the United States it is certainly required that all higher-level employees of non-profits have their salaries disclosed. That is partly how the tax authorities determine if a non-profit is legitimate or is a pass-through shell. I suspect even in Switzerland the laws regarding non-profits work the same way, and would be very surprised if a non-profit is allowed to disperse funds secretly. Did you check with your lawyers about this before making this decision?

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Nucclear 4 hs ago

Yes, the salary of all high level employees must be disclosed, but not ALL employees. We agree a some level of privacy is allowed. The point here is to provide transparency while protecting the privacy of specific grant award amounts to avoid negatively influencing future requests.

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sneg5555 Yesterday

What's the point of hiding it? Imagine that there is 2035 now, and all payments in the world happens via Ethereum and everything is transparent?

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Nucclear 6 hs ago

Since the project wouldn’t need all the money at once, they could still hide it by sending multiple payments to multiple address over time. The project would pay multiple unknown venders from multiple unknown accounts, making things very difficult to track. The point here isn’t that the EF is being shady. They want the focus to be on innovative ideas, and are asking for honest budgets. If a previous project was awarded $100 million, this may influence future requests. This seems reasonable to me.

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sneg5555 4 hs ago

You can't be a nonprofit without transparency.

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Nucclear 4 hs ago

I agree the EF should still be transparent regarding their financial statements. Perhaps a middle ground could be reached where they pool their grants into categories. This allows them to protect the privacy of individual grants while disclosing their total expenditures. Would this satisfy your level of transparency?

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scott_lew_is Yesterday

i think a minimum level would be a reasonable solution. Does it matter to the general public whether a one coder grant gets $35,000 or $65,000? I dont think so. $2,000,000 or $15,000,000 for a contract? That's a big deal. I saw u/mariapaulafn mentioned goerli getting $60k. that definitely would fall under the "smaller grants no disclosure needed" bucket.

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Bitcoin1776 Yesterday

The generic rule with Charities are those that are highest paid. Generally speaking, I would *prefer* disclosure and conflicts of interests as the following: Any organizations granted / paid / compensated more than $250k to disclose any individuals or other organizations within said organization compensated $250k or more. Any individuals granted / paid / compensated more than $250k to disclose Name, etc. similar to any Charity - along with COI statements, as ETH can *easily* be perceived as a financial asset. Following that approach, you'd probably have about 10 people disclosing. Personally, I'd also like a disclosure of *active, participatory* social media accounts, but I know that's beyond the scope of their thoughts. It is highly questionable if organizers are regularly shilling and brigade using accounts "pretending to be the community" when in fact they are their own selves promoting themselves instead. I like anonymous criticism, that I find perfectly understandable. I like people to have *private* social media that is *NOT* used for business communications, that also makes sense. But I do not *prefer* people making a host of online personas to support and circlejerk their products - I know it's EXCESSIVELY common in blockchain, but I really wish it wasn't. Oh well...

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mariapaulafn Just Awesome Yesterday

This is actually my reasoning too. I see the Parity grant as the example. Paid by milestone.

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mariapaulafn Just Awesome Yesterday

Goerli received 60k (approximately), for the record. Source: Aidan who did the kyc. (added source)

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