That’s an interesting idea, specifically the privacy bounty part, I imagine one of the difficulties here would be who handles the adjudication of it’s a privacy issue or not /you get paid or not.
As much as I struggle to personally get behind crypto, this is exactly the sort of motivating use case that DAOs (decentralized autonomous organizations) are intending to solve. User would pool their crypto currency, gaining voting rights in the process, researchers can submit to the pool to collect a bounty and members of the DAO get the opportunity to vote on bounty release. All this is would be built to happen autonomously
It's a funky idea, at the moment I'm suggesting more as a curiosity rather than thinking it's the right approach for something like this
My immediate criticism is you could end up with an organisation that _is_ ultimately centralized but now the major players would be hidden. Currently crypto seems to generally tend towards oligarchic growth, so I imagine you'd have a few players that control most of the shares and many people controlling negligible portions. Perhaps these issues (not to mention the energy costs) can be solved, but right now I'm curious but skeptical about these ideas
