Nirvana Plan: For Better Protect Users Assets

MYKEY
MYKEY Lab
Published in
2 min readNov 29, 2019

In November 2019, MYKEY held the first key ID bounty activity, involving more than 50 developers, 13 of whom completed the well-designed tasks and received a total reward of 1.95 million KEYs. This activity shows the high skill of blockchain developers, and also deepens users’ understanding of key ID protocol. It is clear that MYKEY is only the implementer and integrator of key ID protocol, and has no motivation or ability to control users’ assets. It also shows that even if the MYKEY team disappears, user assets still belong to users.

In order to further improve the robustness of the key ID protocol, and ensure that users’ assets can still be easily transferred when MYKEY cannot provide normal services, MYKEY has opened the “Nirvana plan”, sought relevant tools from the developer community, and set up a large number of rewards.

The requirements are as follows.

(1) Android or IOS version is required for this tool, including basic functions such as importing MYKEY account recovery code, reauthorizing, and one-click transfer. If more functions are available, there will be additional rewards.

(2) The tool needs to be open-source according to the apache-2.0 protocol and will be exposed on the MYKEY official website.

(3) The current period of activity is one month, which ends on December 12.

(4) After the end of the activity, the tool selection will be organized. Any developer who successfully submits the tool will receive a 5000 key reward. Besides, one first prize, two second prizes and three third prizes will be selected, with prizes of 100000 key, 50000 key, and 30000 key respectively. At the same time, the developers will get opportunities to communicate with the official members and participate in the Technology Salon and workshop organized by the official organization, introduce themselves to a larger platform, share technologies, and projects, and get opportunities for further improvement.

For details, please add the QR code below for consultation (note Nirvana plan). We work together to sprinkle the seeds of self-identity into the wider land and grow more and better fruits. Let’s build a better MYKEY together to spread the seeds of self-identity into the wider land!

About Us

KEY GROUP :https://keygroup.me/

MYKEY Web: https://mykey.org/

BIHU: https://bihu.com/people/1133973

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Github: https://github.com/mykeylab

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