Too much funding certainly ruins incentives by attracting people who are lazy/uncommitted. But so does too little funding, since it drives away hardworking/committed devs who have bills to pay. There’s a sweet spot - an Aristotelian mean. From my experience as an open source Bitcoin dev, we are no where near the point of too much funding. I took a ~70% pay cut when I quit my job to work on Bitcoin, and ended up having to return to the fiat mines after my funding dried up. I know that’s just an anecdote, but I think overall that’s not entirely unusual.
yes
most are volunteers
the few that receive grants are well below market rate
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Nowhere NEAR enough funding is correct
goes for non-dev positions as well
We also need to take into account that no funding means people don’t want change.
If people wanted changes, they will fun the projects.
Less money helps prioritize bugs not extravagant features.