Op-ed: Drawing Parallels — What Makes the PIVX and ODIN Community Governance Models So Viable? Part 2 of 3 Nondescript Follow Jun 25, 2019 · 4 min read

Introduction

This article intends to present part two of a three-part series showing commonalities and differences between the community governance models of PIVX and ODIN. This article will specifically highlight fully funded Masternode Proposed community projects either in development or finished by PIVX and ODIN.

While I do hold ODIN Coin, I am not a financial advisor and am in no way suggesting investment of any sort.

Community Proposed and Lead Development vs Core Team Development

Before any discussion of specific projects funded via the Masternode Proposal system, I’d like to clarify the distinctions between that of community proposed and lead development vs. traditional core team development models.

Community Proposed and Lead Development:

This project development type is a grassroots individual or community based initiative to further the development of an ecosystem. This can be done pro-bono or incentivized by any number of ways. In the instances of both PIVX and ODIN, the incentivization component is part of the core protocol via the usage of Masternode Proposal Systems.

Core Team Development:

This project development type is more in line with traditional, privately funded projects that have full-time salaried positions or privately funded freelance employment opportunities. This type of development is not strictly community-based and will have been negotiated privately and is subject to the approval of the paying party and not that of the community.

In short, community efforts in the cases of PIVX and ODIN are open to all who formally submit and allow the Masternode holding members to vote to approve or deny their proposed efforts. Core team development, on the other hand, leans toward more formalized traditional employment opportunities where party A pays party B for goods or services provided without a community consensus needed.

PIVX Community Lead Endeavors

When referring to the PIVX archives, it appears that the initial community lead proposal rounds officially were approved or denied on the 21st of May, 2018. Among funded efforts in the first round were a bounty aimed at finding bugs with the core code, social media marketing efforts, and core development reserve funds.

While perusing the most current rounds of PIVX related developmental proposals, I was intrigued by an individual community members inclination to build an electrum based light wallet. His chief reasoning behind the build of this wallet was to have in the market place a wallet that was both: not built by a PIVX core dev and was open source in nature. These sufficiently meet PIVX’s core beliefs that cooperative models are sustainable and worthwhile and that open source materials provide transparency and build trust within the community. In my opinion, undoubtedly, the proper use of the Superblock generated funding for this period. Find out more about what a Superblock is in the first part of this series here.

If you’re interested in what this might look like you can see the proposal in its original form here:

Electrum Wallet: Electrum wallet 2nd attempt

ODIN Community Lead Endeavors

ODIN as of today June 24th, 2019 has officially funded its second round of proposals. Included in this round was funding for publication efforts, a proof of concept ODIN Blockchain powered Viking themed game, and a general development reserve fund aimed at enticing freelance work from external experts in the field. Each of these proposals was made by nonsalaried personnel who believe in the future of all things ODIN and want to do their fair share to propel the project forward.

Part of any transparent proposal model like that of ODIN and PIVX’s will be a general outline naming who will work on the proposed goals, the time frame estimated to complete the goals, and how they see the addition of their developmental efforts being of positive value to the general ecosphere.



If you’re interested in what this might look like you can see the proposals in their original form here:

General Publication Efforts : nondescript-publication-efforts

Proof of Concept Viking Game: ODIN-Game-POC

General Dev Fund: odin_dev_fun

Previewing Part 3 of 3:

Part three will provide a look at the future landscape of both that of ODIN and PIVX based on proposals being voted on in their respective current Masternode proposal periods.

Where do I find out more?

Discord Reddit Telegram ODIN Blockchain M.A.S.H. Odin.Chat

Read more about how to get Ø(ODIN) here.

Come on by our discord and be the first to @ [nondiscript | ODIN] with the following message “ONWARD” to get 100 free Ø (ODIN COIN).

UPDATE: @ [TheGasMan] on Discord claimed the prize! Stay tuned for future giveaways in upcoming articles.