Ledger Integration Discussion (BOUNTY)

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Ledger Integration Discussion (BOUNTY)

eeaasssyy

So as we have been discussing Ledger is a much needed step towards our growth as a project.

Penny and I have been working on the benefits of why it should be introduced ASAP

Community retention is low due to wallet issues. As community continues to ask for help and post publicly on Reddit, TG, Discord etc. about wallet issues— this scares away potential investors. Many investors will not download a wallet of any type—not mobile, web or desktops because they aren’t secure in their technical ability to keep their assets safe. Ledger/Trezor is not an option in the West—it is a mandatory requirement for community growth and retention because it bypasses any and all wallet-related issues.

• Ledger is expanding business and applications (Will only grow larger) https://techcrunch.com/2018/01/18/ledger-raises-another-70-million-tobecome-the-leader-in-cryptocurrency-hardware-wallets/ • Over 1 Million Ledger devices sold worldwide since January 2018 – Most Widely Used Hardware Wallet https://qz.com/1185806/ledger-sold-itsmillionth-nano-s-hardware-wallet/

With that being said I have two questions

Are the community happy to spend funds from the community pool for this
What do you think the bounty should be for developers working on this implementation? My suggestion is 20,000 NULS although I am not a developer so don't know exactly the amount of effort needed to be put into this

My solution would be do find 4-5 candidates and them split the development and rewards equally

If you have a better solution please do respond !

moshe

eeaasssyy Are the community happy to spend funds from the community pool for this

I think another fund pool would be better for this though.

Mick

I also agree that a hardware wallet is mandatory and not an option.

burglol

Happy to spend the funds.

The project should be appropriately managed and offer percentage payment on completion of key criteria.

It would be good to get some devs to chime in on the approximate length of time to complete such a project and whether four devs would be better suited or one.

I think an appropriate pay grade should be paid such that the developers are not taking a pay cut for the "love of nuls". This will attract the best coders.

BillMcNeal

I think it benefits the whole community and nuls holders if ledger is possible so spending some funding from the community budget seems very legit.
This is exactly why there is such a fund imo.

MechJosh0

Does ledger perform seucity auditing on our integration? If not it's something to consider with the cost of this as we'll want to use a 3rd party (or maybe core could get involved?) to perform a security audit.

eeaasssyy

MechJosh0 Yes they do I have checked with them, they audit and implement into the 3rd party manager.

JayWalk3r

Yes the community pool should be used to fund ledger support of NULS. The amount would depend on the work required, a developer can maybe help identify the effort required?

Adding ledger support is a huge deal as many investors will only buy what they can securely hold. I have also seen many concerns voiced about the current wallets. I know the team is busy but I truly wished they understood the importance of hardware wallet support to many investors. Even if some consider it an overpriced usb stick, some will only buy what they can put on a ledger/trezor.

Ericghint

I think this is top priority, if we need to dip into the community funds to make this happen then so be it. This will pay off big time, still many people that won't even consider investing in projects without hardware wallet integration.

itsmefelix-

I hope this happens...please prioritize

ZaneNodeAmazing

Obviously we need this, and combined with Moshe light wallet would be optimal combination for investors! Ledger is a must have ASAP

MudiW

ZaneNodeAmazing Exactly my thoughts, however I'm not sure if 20K is enough to have a professional team do it, or 5 candidates and get it split.
So , let's please not be too cheap about this, and then regret it later, we should explore all our options. But yeah, ledger should be done ASAP.

Jgatto

I vote for getting ledger support at any price. Whether 20k or 50k

Nalyd

Prioritize this. Cmon 20k usd should do the trick.

moshe

Yup, this would be great! Good luck to all the teams who want to participate in this bounty!

As a side note, as Josh mentioned, a security audit would be a good idea, indeed.

PennyPi

My thoughts are as follows:

I think it will take some time to find 5 competent developers to do this work. At 4k apiece it's not exactly a prize for each of them, and I am not sure it will save much time because 5 people will take time to recruit, and take time to coordinate.
20k is a sufficient bounty--PIVX paid the same thing to build their own integration. I propose 2 developers at 10k bounty apiece, which will cut the time nearly in half--AND ease any coordination issues, since it will not take a significant amount of time to find two developers. Two moving pieces are easier to coordinate than 5.
For those thinking it is bad to use community funds--we are using nearly 20k EACH month for Ambassadors, so to put this in perspective, think of the bounty as one month worth of Ambassador funds. Ambassadors are not here for popularity--alot is expected of them. The community must hold them accountable according to their performance. You cannot argue that Ledger support is not worthy of community funding, while you also fail to give any opinion or input over Ambassador reports each month, so please be sure to participate.
We need to show the team, and the community that we are capable of taking on some elements of our own self-governance. We have been given a very generous opportunity to make decisions about one of the most important developments we can tackle for widespread adoption--hardware wallet integration is critical to the success of NULS. This is why Essam and I lobbied for it in our Community Development Plan. We can either show core what we can do together to get the job done, and bring this useful, crucial tool to the NULS project, or we can kick the ball back into their court and wait for them to referee the situation for us.

We wanted this, now let's get it.

forrfullerton

Not to diminish ambassador 20k... I feel that ledger support and staking off of it will go a long way to show how serious nuls takes their wallet security and their project. I think it's worth more than 20k.

Book

I still believe the ambassador program is being manipulated while there is lack of structure / accountability. There is not a single doubt in my mind that this ledger integration has more value than the current handful of ambassadors. I still believe there only needs to be 3-5 ambassadors until there is more clarity / sense of direction for the role. It’s actually troubling to experience how conservative NULS has had to be with funding following up to this program. Since the program is so unorganized NULS are being spent without definite purpose. From the scope of the program it was completely rushed and needs to be reharnessed. Being reharnessed will allow more funding for ledger and it will also allow NULS to be spent more purposefully once the program is established. When will voting be available? When can we have the opportunity to vote ambassadors to be dismissed? Core team wants the community to decide much of NULS’ future yet we can’t even vote. I want to make it clear that I believe the program can be incredibly valuable and that there are some already existing valuable ambassadors. But the value of 3-5 ambassadors simply does not equate to the importance / value of ledger support.

I suggest allowing us to vote on the program and leave community fund alone. We already have funds being spent very freely, so, minimize those spends and the make them spent more wisely on something like ledger. 20k for me sounds cheap. I think it will cost at least 30k to bat an eye for anyone to consider the job, especially in the market we are in. If 3-4 ambassadors are dismissed 8k (?) NULS automatically come available first month for ledger funding.

ZaneNodeAmazing

Book 8k nuls becomes available if core team runs 4 nodes themselves as the 8k comes from the staking rewards pool, dismissing 4 ambassadors doesn’t create 8k nuls unless core team stakes the same amount themselves, core team already have enough funds they don’t need to do this to get 8k more nuls. But of course I agree to vote us out if we don’t get any results, the voting mechanism is very important to only have the best ambassadors to not waste staking rewards when community can earn more staking, it should be available on next wallet update with smart contracts (most likely less then 2 weeks away) and remember 20% of the ambassadors rewards are going back into the community fund which is almost 4K nuls per month, so community fund isn’t exactly being permanently deminished

Mick

Just get it done ASAP please. If all fails, compromise and split the cost in half between the dev fund and the community fund. After all, it's a necessary developement the community wants .