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@ Leo Wandersleb
2025-02-24 21:42:15
OpenSats distributes ~$1M monthly in Bitcoin/nostr funding while seeking more donations, yet lacks transparency in their grant decisions. Their board includes a non-FOSS hardware wallet producer, raising questions about potential conflicts of interest in funding decisions, particularly for Free and Open Source hardware wallet projects. While nostr:npub17tyke9lkgxd98ruyeul6wt3pj3s9uxzgp9hxu5tsenjmweue6sqq4y3mgl (who can be seen as a ColdCard competitor) received support, the total amount relative to overall distributions remains unclear. While "Free and Open Source" is a requirement for OpenSats grants, multiple board members are known to block people who question their compliance with OSI standards of FOSS. The community deserves to know: How are votes handled when board members have industry ties? What prevents personal dynamics from affecting grant decisions for important FOSS projects like WalletScrutiny?