> If enough donors use tip4commit, that is potentially a lot of bitcoin pennies that is just sloshing around their server.
I recall reading that they have 55 BTC "sloshing around their server" at the moment (no easy way of checking this on their website but seems reasonable looking at the top projects' funds).
By todays exchange rate, that's 18k USD, which is being handled with very little actual transparency. It is a genuine risk that the people behind this project will run away with 18k$ worth of BTC (or claim they were hacked).
I don't like this idea very much and I certainly would not like my projects to be up there.
I recall reading that they have 55 BTC "sloshing around their server" at the moment (no easy way of checking this on their website but seems reasonable looking at the top projects' funds).
By todays exchange rate, that's 18k USD, which is being handled with very little actual transparency. It is a genuine risk that the people behind this project will run away with 18k$ worth of BTC (or claim they were hacked).
I don't like this idea very much and I certainly would not like my projects to be up there.