Skip to content

Latest commit

 

History

History
75 lines (62 loc) · 3.47 KB

rfp-0001.mediawiki

File metadata and controls

75 lines (62 loc) · 3.47 KB
Raw

RFP: 0001
Title: Particl Cold Staking Pool
Author: CryptoGuard & Paul Schmitzer
Status: Active
Created: 2018-01-31

Table of Contents

Abstract

Create a cold staking pool for users to delegate their staking power to a pool operator in exchange for smaller payouts. Once completed, the code shall be open-sourced for anyone to inspect/audit.

Definitions

Cold Staking

Cold staking is enabled by smart-contract functionality and lets users securely delegate staking powers to “staking nodes” which contain no coin. The purpose of these “staking nodes” is to provide a dedicated resource connected to the Particl blockchain and stake on behalf of another wallet without being able to spend its coins. 

Cold staking nodes are intended to be used in combination with cold, hardware and paper wallets as well as multisig addresses, making it possible to stake “offline” coins with no risk of being hacked or exposing your public key to the network. Staking nodes can be set up on any device, secure or not, such as public/cloud servers, virtual machines or RPIs.

Scope

The recent cold staking hardfork has enabled the possibility to set up cold staking pools where operators cannot run with their users' coins. The recent cold staking hardfork has enabled the possibility to set up cold staking pools where operators cannot run with their users' coins. This request for proposal (RFP) is to solicit proposals from qualified sources to create a Particl Staking Pool.

  • Use the RFP Template to format your proposal
  • Create a new folder in RFP-0001 and include your proposal and any supporting references/materials that support your proposal.

Milestones

(1) Setup a cold staking pool

  • Minimum
    • Have it gather simple statistics per user
    • Gather simple statistics about the pool
  • Additional options
    • Total rewards (number)
    • Total rewards (timeline/chart)
    • ROI (Day/Month/Year)
(2) Setup a website for users to interact with the pool
  • Minimum
    • Landing page
    • Login/Register page
    • User page
    • Pool stats
    • Registered Users
    • Active Users
    • Coins put up for staking
    • Total Rewards
    • Pool fees
    • Particl Price
    • Setup directions
  • Additional
    • Estimated ROI (Day/Month/Year) includes pool fees
    • Particl Block Explorer
    • Details/How To guides
(3) Make the code open-source

Timeframe

Provide time estimates for each milestone and overall completion of proposal

POP Completion Reward

Provide cost estimate for each milestone and overall completion of proposal

  • Base reward: 250 PARTs
    • Milestone 1: 100 PARTs
    • Milestone 2: 100 PARTs
    • Milestone 3: 50 PARTs
  • Community contribution fund: Ps41Lwrc9jpxpwyXhMgroZQ2SQzytR62nh
    • NOTE: Additional funds from the community are paid after the completion of Milestone 3

References