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

Parašė NewsBTC - Prieš 2 metus - Skaitymo laikas: 4 minutės

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. 

Sveikas pasaulis

Mes sunkiai dirbome, kad sukurtume pasitikėjimą. Norėdami pradėti, mes suskirstėme savo darbų sąrašą į aukšto lygio tikslus.

Kiekviena iš šių užduočių reikalauja kruopštaus mąstymo. Per ateinančias savaites prašysime bendruomenės atsiliepimų apie atskirus elementus!

— 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.”

Susiję skaitymai | Pietų Afrikos vyras praranda 900,000 XNUMX USD Bitcoin Netyčia ištrynus raktus

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

„Mums labai, labai svarbu, kad jis būtų kuo skaidresnis“, – sakė jis. „Daug bendrausime apie procesą, savo mąstymą ir dalykus, kuriuos ketiname daryti, pirmiausia per Twitter“.

Ir taip jie padarė. Panagrinėkime, kaip atrodo šis procesas ir ką „Btrust“ dirbs po kelių mėnesių.

BTC price chart for 01/12/2022 on Coinbase | Source: BTC/USD on TradingView.com Btrust’s Guiding Principles And Jurisdiction

Po 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

Aprašysime, kaip įgyvendinsime kiekvieną savo darbo principą.

Valdybos privalo veikti pagal principus, tačiau įgyvendinimas yra jų prerogatyva.

Tai suteikia lankstumo ir išlieka ištikimas ₿pasitikėjimo vizijai.

— btrustteam (@btrustteam) January 11, 2022

Kitas žingsnis yra labai svarbus – „Subjektas ir jurisdikcija“. Kokioje jurisdikcijoje Btrustas veiks? Kokio tipo subjektu jie pasirinks būti? „Btrust reikalauja formalaus subjekto, kuris samdytų darbuotojus, sudarytų sutartis su valdyba ir sukurtų teisinę sistemą, kad atstovai būtų atskaitingi. 

Šiuo atžvilgiu Nuras Khalilas sakė „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"

Globa ir bendravimas

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.”

Susiję skaitymai | Spiralinis BTC išleidžia žaibo kūrimo rinkinį. Jack Dorsey lėlė tai reklamuoja

Šiuo atžvilgiu Nuras Khalilas sakė „Blockworks“:

„Mes stengiamės viską daryti palaipsniui, nes jų yra daug ir mes ne tik žiūrėsime į ekosistemą ir išmesime jai krūvą pinigų. Vis dar turime būti kruopštūs, koks bus poveikis.

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.

Teminis EglantineUdry vaizdas Pixabay | „TradingView“ diagramos

Originalus šaltinis: NewsBTC