Avoiding Single Points of Failure

Authors NameGigiTwitter@dergigi NameOpenSatsTwitter OpenSats was founded in 2020 with one goal in mind: to provide sustainable funding for those who are working on free and open-source software that helps Bitcoin flourish. From the get-go, the organizational structure was set up to avoid two failure modes that often plague non-profit organizations: waste and corruption. To achieve this impossible task, three rules were put in place: No benevolent dictator No cut from donations No monetary incentives From an operational standpoint, we agreed on the following: No physical location No trusted thi

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