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Not official Sovrin communication - not private; however, they are drafts, they are not final. Discussion of options - Please get involved
Six major workstreams for transition. | |
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Ongoing servers with pipelines. People who help stewards run their nodes. Funding to continue those resources - cost base reduced dramatically. Previous $6-8k to functioning and no rent. Continuous integration pipelines turn off. PR slowed from 5 to 10 hours. Debt - employee travel | |
Looking for funding for 3 months. Then, the next 3 months. Six-month plan - fully transitioned foundation with a sustainable business model. | |
Focus on Sovrin 2.0. Future - over the immediate crisis. | |
Business/Economic Model and Governance - ongoing models - three proposals. Framework in NoN model - 3-6 month timeline. Lynn monitoring the network and ensuring stability. Lynn & Mike volunteer. The governance framework needs to be developed under NoN. | |
Work that was done by paid staff will be picked up by the groups on the right. ie Steward Qualification Committee will need to vett Steward Approvals | |
Linux Foundation role | |
Governance at every layer of the stack | |
Options - conversation and consideration. Not final | |
Networks can have different governance rules. Different legal entities, etc. | |
Long term obligations - token (ie), going forward from an ecosystem perspective. Debt with legal, etc. | |
Question - token, no token? Use case for a token - value transfer in conjunction with information exchange. A lot of use cases need - a key component to the ecosystem as a whole. Need better business models to motivate to share data - hard to sustain users at the wallet level. With obligations (previous work) important to untangle liabilities while preserving the benefits of the use case. A major goal of the workstream is how to fulfill and meet legal and advisory work on value transfer without incurring additional liabilities. Details to work out, a lot of thinking going in this group. Darrell and Phil considering this and longterm funding plan. Want to open token - challenge is to do so without outside funding. | |
Work-in-Progress - Welcome all contributors, ideas, options.
Sovrin Steward Council? Probably on hold - charter created - the ideas was to ensure strong community interaction - independent of the current governance bodies.
Pushing forward launching the steward council would help tremendously with network/node monitoring, support and bug fixing. If the group can marshal the volunteers I don’t think there is any reason to wait, it just needs to be added as board resolutions to the trustee meeting agenda (they are meeting more often now — every other week — to help with the transition.)
Charter may be under evaluation - or coincide with general interruptions - may be on hold.
Open Discussion
Next Meeting Topics
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