We had
- ironbelly mobile
- niffler desktop
- grin++
All had worked, served community… Until maintenance stopped and GRIN users and ecosystem faced mess. GRIN has and always will have Wallet PROBLEM.
Why same wallet problem occurs again and again?
The sustainability of decentralized cryptocurrency wallets reliant on funded developers presents a significant challenge. Maintenance stalls and decreased user adoption frequently occur when developers leave, impacting open-source projects, including cryptocurrency wallets. The core issue revolves around the continuous funding required for maintenance, bug fixes, and ongoing development. Indefinite funding for individual developers is unsustainable. Even with short-term funding (e.g., three months), the risk of developer attrition remains, potentially leading to project abandonment upon the acceptance of alternative employment. Developers left for a better salary naturally.
This problem is persistent and has historically plagued cryptocurrency wallet development.
The lack of a stable graphical user interface (GUI) wallet for Grin is hindering its adoption. Despite past investments of time and funds, a user-friendly and stable GUI wallet remains unavailable. This delay negatively impacts the user experience.
To mitigate these risks and foster long-term sustainability, Only a GUI Wallet solves issue.
Secure and Modular GUI Design:
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Modular Architecture: Design the wallet with a modular architecture, allowing for independent updates and upgrades of individual components. This reduces the impact of a single developer leaving and allows for parallel development.
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Governance: Implement a transparent and participatory governance model enabling community involvement (users and developers) in decision-making processes regarding wallet development and future directions. This promotes community ownership and encourages sustained contributions beyond those of paid developers.
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Incentivization: Employ bug bounties and other incentives to reward the identification and resolution of bugs, code improvements, and the development of new features. This incentivizes broader community participation.
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Robust Testing and Documentation: Invest in comprehensive testing and documentation to facilitate contributions from other developers. Clear documentation greatly assists in onboarding new contributors.
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Security Audits: Regular, independent security audits are crucial to identify and rectify vulnerabilities. This minimizes the risk of critical bugs impacting users and hindering adoption.
I dont know why GRIN dont have security audits as usual before? GRIN has the funds available; why not allocate funds towards it?
GRIN has a GUI wallet development going on, testing and MWixnet integration is also going but we need;
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Clear Communication: Maintain clear and open communication with users regarding the project’s status, plans, and any potential disruptions.
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Knowledge Transfer: Implement robust knowledge transfer mechanisms for onboarding new developers. This includes documentation, code reviews, hiring university students with Bounties maybe. Students who work on a project like Grin ethos, can be a candidate for a long term loyal developer.
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Multi-Developer Approach: Avoid over-reliance on a small number of developers. Distribute the workload and responsibilities among a wider team to reduce the impact of individual departures. For this we need more decentralization about governance maybe.
Summary;
We need a GUI Wallet ASAP, a user-friendly interface and documentation to encourage broader adoption and minimize the need for technical support.
By implementing a combination of these strategies, A GUI wallets can minimize the dependence on individual developers, enhancing the long-term sustainability, security, and user adoption of GRIN.
The key is to foster a thriving community of contributors beyond the initial group of funded developers.
So funds and governance should reallocate for a GUI wallet , bug bounties and security audits should be introduced ASAP.
Opinions are mine only. A core GUI wallet is a must and should be priority.
Again i emphasize
Communication is key; Governance,developers, community leaders should ensure that users are kept informed with transparent and straightforward updates about the GUI project’s progress openly.
which is simply a problem that can be fixed by paying a dev to fix it… if they are just willing.
