The 500 BTC Blind Trust to Foster Bitcoin Adoption, Btrust, Announces First Steps

Autor NewsBTC - prije 2 godine - Vrijeme čitanja: 4 minute
sre, 12. januar 2022. 5:29

The 500 BTC Blind Trust to Foster Bitcoin Adoption, Btrust, Announces First Steps

It’s time for the Btrust to start making moves. And they did so by announcing their “to-do list” and “high level goals.” A month ago, Block CEO Jack Dorsey and rapper and entrepreneur Jay-Z announced the members of the board for their 500 BTC blind trust. Btrust’s purpose is to “make bitcoin the internet’s currency” and their field of action is Africa and India. 

Hello World

Naporno smo radili na uspostavljanju povjerenja ₿. Za početak smo našu listu obaveza podijelili na skup ciljeva visokog nivoa.

Svaki od ovih zadataka zahtijeva pažljivo razmišljanje. Zahtijevat ćemo povratne informacije od zajednice o pojedinačnim stavkama u narednim sedmicama!

— btrustteam (@btrustteam) January 11, 2022

Said members of the board took charge and recently showed the world what they’ve been working on since they did so. “Each of these tasks require careful thought. We’ll be requesting feedback from the community on individual items in the weeks to come!,” Btrust said in its inaugural Twitter thread. Before going through those tasks, though, let’s remember who those members are. At the time, NewsBTC reported:

“The blind trust’s board members are: Ojoma Ochai, Obi Nwosu, Abubakar Nur Khalil, and Carla Kirk-Cohen, the only South African of the bunch. By just casually looking at their Twitter feeds it becomes obvious that they’re all thoroughly dedicated to Bitcoin already.”

Related Reading | South African Man Loses $900,000 Worth Of Bitcoin After Accidentally Deleting Keys

In a recent interview with Blockworks, 22-years old Abubakar Nur Khalil said:

„Za nas je veoma, veoma važno da to bude što je moguće transparentnije“, rekao je on. „Puno ćemo komunicirati o procesu, našem razmišljanju i stvarima koje ćemo dalje raditi prvenstveno putem Twittera.”

I tako su i uradili. Hajde da istražimo kako taj proces izgleda i na čemu će Btrust raditi u mjesecima koji dolaze.

sljedeći Bitcoin’s lead, the first thing the Btrust will do is to establish “Genesis Principles.” In other words, “Btrust’s vision will be laid out in an immutable set of principles.” Everybody involved in the organization will follow them, and there will be the option of using soft-forks and hard-forks to resolve disagreements or to accommodate different visions. 

There’s another caveat, “Boards are bound to act in accordance with the principles, but the implementation is their prerogative. This provides flexibility, while staying true to Btrust’s vision.” So far, so good. This all sounds very Bitcoiny.

2⃣ Implement Principles

Izložit ćemo kako ćemo implementirati svaki od principa u našem radu.

Odbori su dužni da postupaju u skladu sa principima, ali implementacija je njihova prerogativnost.

Ovo pruža fleksibilnost, ostajući vjerni viziji ₿trust-a.

— btrustteam (@btrustteam) January 11, 2022

Sljedeći korak je ključan, “Entitet i nadležnost”. Pod kojom jurisdikcijom će Btrust raditi? Kakav će tip entiteta izabrati da budu? “Btrust zahtijeva formalno tijelo koje zapošljava zaposlenike, sklapa ugovore s odborom i obezbjeđuje pravni sistem koji će predstavnike smatrati odgovornim.” 

U vezi s tim, Nur Khalil je rekao za Blockworks:

“We’re looking at starting with Africa initially, but then gradually expanding into other regions in the global South,” Nur Khalil said. “So that’s places like India as well. And then in general, with regards to the overall vision, we feel there’s so many disparities in some of these regions like Africa in terms of the actual amount of talented developers versus those of them that are actually working on Bitcoin. "

This is a great opportunity to test out Bitcoin’s multisig superpowers. “We will work on a proposal outlining various custody solutions, with the end goal of safely taking custody of the 500 BTC.” Also, important for people out there looking for opportunities, Btrust will be hiring “a full time lead to manage daily operations.”

5⃣ Recruit a Lead

Once we’ve delivered 1⃣,2⃣ and 3⃣, we will be looking to hire a full time lead to manage daily operations of ₿trust.

This is one of the most important board responsibilities, and we’re looking forward to finding somebody to bring ₿tust's vision to life!

— btrustteam (@btrustteam) January 11, 2022

Last but not least, they’ll create some way of communicating with all of you. “We’re committed to building Btrust with input from the Bitcoin community. For now, we’ll be using twitter to communicate our progress, but it’s not scalable.” And they’ll raise funds to set up the organization. “We want to take our time to think about our approach to custody & company formation. This is a prerequisite for any investment. We’ll create a separate plan for how to cover any required set up funding.”

Related Reading | Spiral BTC izdaje Lightning Development Kit. Puppet Jacka Dorseya to promovira

U vezi s tim, Nur Khalil je rekao za Blockworks:

“​​​​​Ono za šta pokušavamo da optimizujemo je da pokušavamo da radimo stvari postepeno jer ih ima mnogo i nećemo samo da gledamo na ekosistem i samo bacamo gomilu novca na njega. I dalje moramo biti pedantni u pogledu toga kakav je uticaj.”

Great work so far, Btrust. We at NewsBTC are looking forward to covering your next steps and seeing what the future brings for the organization, Bitcoin, Africa, and India.

Izvorni izvor: NewsBTC