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On what money the developers of the Ethereum live


Bob Summerwill, one of the founders of the Ethereum and a well-known figure in the cryptocurrency community, published in his blog a text entitled "Statement of Conflict of Interest" revealing his incomes and current assets. The preamble of the document says that its purpose is to prevent any future conflicts of interest and accusations of unethical behavior. Bob Summerwill plans to constantly maintain the relevance of the information provided, and put the hash of the current version in the Ethereum blockchain, just as it is done in the digital notary Factum.

Active Compensated Roles
Independent Contractor, Sweetbridge Inc, Phoenix, AZ (via Kitsilano Software Inc)
$11K USD per month (90% in USD, 10% Sweetcoin)
20% discount on token price though to 12/31/17 (unused to date)
Performance-related annual bonus paid in Sweetcoin (will dig out details)
Can claim expenses for costs incurred related to this role
Unlimited vacation
No benefits
Advisor to Frontier Foundry Corporation, Vancouver, BC
Option to purchase 0.5% of Common Shares at market rate
Can claim expenses for costs incurred related to this role

A separate section in the "Application" is devoted to the transfer of previous places of work, including the corporation Sony and Electronic Arts. Separately, it is noted that since 2015, Bob Summerwill has always acted as an independent developer through his own company Kitsilano Software Inc.
In one of the discussions of Reddit, Bob Summerwill already wrote that work on the Ethereum Foundation became the lowest paid in 20 years of his professional activity, and his main motivation was to participate in what could change the world.

Cryptocurrency reserves

530.01 ETH - a prize received from Wanxiang Blockchain Lab in February 2016 ($ 10,000 at that time) for the work "Ethereum for devices with limited resources." Unfortunately, according to Summerville, these funds are almost lost, as he lost the private key.
73.09 ETH - grant for developers from John Gerrit. At the time of receipt, it was $ 1000.
6.6580 ETH and 0.1034 BTC - on the personal account of Coinbase.
The mere fact of such "coming out" surprised many, because there was no apparent need for it. To the question in Twitter, "Why did you do this?" Summerville cited the beginning of President Kennedy's speech in 1961: "Because secrecy is disgusting."
As for the negligent attitude to its own crypto-currency savings, this is not the only difference between Summerville and other former colleagues of the Ethereum Foundation. So, Vlad Zamfir is not tired of commemorating his own tweet, written in the spring of this year, that he sold all his ETH for $ 30.

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