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116 sats \ 9 replies \ @DarthCoin 4 Jun \ on: YOU will build the roads. DIY bitcoin nostr devs lightning

Great idea!
What happen when a "worker" did not do well the contracted job?

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249 sats \ 5 replies \ @optimism 4 Jun

Remember Hearn's Lighthouse project[1] where you could pledge UTXOs and then everyone could shame you if you spent the coin you pledged?

But it ran on BitcoinJ w/ SPV so then we suddenly needed BIP-64/getutxo.

  1. tor link in case anyone else has issues with wayback ↩

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95 sats \ 1 reply \ @sedited 4 Jun

I always wondered why nobody followed up on it.

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128 sats \ 0 replies \ @optimism 4 Jun

IIRC it ultimately went with the fork, and never got real traction past the press release there either. And it was surrounded with controversy and toxicity. Perhaps the OP execution is a safer path with a higher chance of success.

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95 sats \ 1 reply \ @Scoresby 4 Jun

I didn't know about this. Looks like a fun rabbit hole.

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128 sats \ 0 replies \ @optimism 4 Jun

Lots of dead links nowadays. But it was cool.

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75 sats \ 0 replies \ @jasonb OP 4 Jun

Had not heard of this. The idea of pledging a specific utxo instead of an amount of bitcoin is neat from a fee standpoint too.

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75 sats \ 2 replies \ @jasonb OP 4 Jun

Thanks!

Any one of the pledgers can flag the worker for bogus work. The platform never collects the money. It just produces invoices for the worker and sends them to the pledgers. So the pledger isn’t forced to pay, but their reputation gets docked if they don’t pay or flag the job for bad work.

If it catches on, I’ll need to work out arbitration options or something like that.

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75 sats \ 0 replies \ @DarthCoin 4 Jun

Shit can happen all the time.
Not that workers could have bad intentions or can be scammers.
But sometimes bad execution can be from other factors and the job must have some litigations when are a lot of money involved.

This is similar to https://zap-work.com/

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26 sats \ 0 replies \ @TechnicalDebt 4 Jun

Regardless of the arbitration process, if I were the worker I would feel much safer if the backer’s contribution was already locked behind a smart contract. Could use Rootstock for that, I guess.

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