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ZIP 1012: add Discussions-To and other cosmetic updates. 

Signed-off-by: Daira Hopwood <daira@jacaranda.org>
This commit is contained in:
Daira Hopwood 2019-11-29 02:39:51 +00:00
parent 3154bd7fdf
commit 367862f968
2 changed files with 17 additions and 15 deletions
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17
zip-1012.html
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@ -12,14 +12,15 @@ Owner: Eran Tromer &lt;eran@tromer.org&gt;
Status: Draft
Category: Consensus / Process
Created: 2019-11-10
License: MIT</pre>
License: MIT
Discussions-To: &lt;https://forum.zcashcommunity.com/t/dev-fund-proposal-dev-fund-to-ecc-zfnd-major-grants/35364&gt;</pre>
<section id="abstract">
<h2>Abstract</h2>
<p>This proposal describes a structure for a the Zcash Development Fund, to be enacted in Network Upgrade 4 and last for 4 years. This Dev Fund would consist of 20% of the block rewards, split into 3 slices:</p>
<ul>
<li>35% for the Electric Coin Company</li>
<li>25% for Zcash Foundation (for internal work and grants)</li>
<li>40% for additional "Major Grants" for large-scale long-term projects (decided by the Zcash Foundation, with extra community input and scrutiny)</li>
<li>35% for the Electric Coin Company;</li>
<li>25% for Zcash Foundation (for internal work and grants);</li>
<li>40% for additional "Major Grants" for large-scale long-term projects (decided by the Zcash Foundation, with extra community input and scrutiny).</li>
</ul>
<p>Funding is capped at $700k/month per slice. Governance and accountability are based on existing entities and legal mechanisms, and increasingly decentralized governance is encouraged.</p>
</section>
@ -66,9 +67,9 @@ License: MIT</pre>
<h3>Dev Fund allocation</h3>
<p>Starting at the first Zcash halving in 2020, until the second halving in 2024, 20% of the block rewards will be allocated to a "Dev Fund" that consists of the following three slices:</p>
<ul>
<li>One third to the Electric Coin Company (denoted <strong>ECC slice</strong>)</li>
<li>One third the Zcash Foundation, for general use (denoted <strong>ZF-GU slice</strong>)</li>
<li>One third the Zcash Foundation, for major grants (denoted <strong>ZF-MG slice</strong>)</li>
<li>One third to the Electric Coin Company (denoted <strong>ECC slice</strong>);</li>
<li>One third the Zcash Foundation, for general use (denoted <strong>ZF-GU slice</strong>);</li>
<li>One third the Zcash Foundation, for major grants (denoted <strong>ZF-MG slice</strong>).</li>
</ul>
<p>Details below. The fund flow will be implemented at the consensus-rule layer, by sending the corresponding ZEC to the designated address in each block. This Dev Fund will end at the second halving (unless extended/modified by a future ZIP).</p>
<section id="ecc-slice-electric-coin-company">
@ -137,7 +138,7 @@ License: MIT</pre>
<p>It is expected that ECC, ZF and Major Grant recipient will be focused primarily (in their attention and resources) on Zcash. Thus, they must promptly disclose:</p>
<ul>
<li>Any major activity they perform (even if not supported by the Dev Fund) that is not in the interest of the general Zcash ecosystem.</li>
<li>Any conflict of interest with the general success of the Zcash ecosystem</li>
<li>Any conflict of interest with the general success of the Zcash ecosystem.</li>
</ul>
<p>ECC, ZF and grant recipients must promptly disclose any security of privacy risks that may affect users of Zcash (by responsible disclosure under confidence to the pertinent developers, where applicable).</p>
<p>ECC's reports, and ZF's annual report on its non-grant operations, should be at least as detailed as grant proposals/reports submitted by other funded parties, and satisfy similar levels of public scrutiny.</p>

15
zip-1012.rst
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@ -7,6 +7,7 @@
Category: Consensus / Process
Created: 2019-11-10
License: MIT
Discussions-To: <https://forum.zcashcommunity.com/t/dev-fund-proposal-dev-fund-to-ecc-zfnd-major-grants/35364>
Abstract
@ -16,10 +17,10 @@ This proposal describes a structure for a the Zcash Development Fund, to be
enacted in Network Upgrade 4 and last for 4 years. This Dev Fund would consist
of 20% of the block rewards, split into 3 slices:
* 35% for the Electric Coin Company
* 25% for Zcash Foundation (for internal work and grants)
* 35% for the Electric Coin Company;
* 25% for Zcash Foundation (for internal work and grants);
* 40% for additional "Major Grants" for large-scale long-term projects (decided
by the Zcash Foundation, with extra community input and scrutiny)
by the Zcash Foundation, with extra community input and scrutiny).
Funding is capped at $700k/month per slice. Governance and accountability are
based on existing entities and legal mechanisms, and increasingly decentralized
@ -129,9 +130,9 @@ Starting at the first Zcash halving in 2020, until the second halving in 2024,
20% of the block rewards will be allocated to a "Dev Fund" that consists of
the following three slices:
* One third to the Electric Coin Company (denoted **ECC slice**)
* One third the Zcash Foundation, for general use (denoted **ZF-GU slice**)
* One third the Zcash Foundation, for major grants (denoted **ZF-MG slice**)
* One third to the Electric Coin Company (denoted **ECC slice**);
* One third the Zcash Foundation, for general use (denoted **ZF-GU slice**);
* One third the Zcash Foundation, for major grants (denoted **ZF-MG slice**).
Details below. The fund flow will be implemented at the consensus-rule layer,
by sending the corresponding ZEC to the designated address in each block. This
@ -317,7 +318,7 @@ promptly disclose:
* Any major activity they perform (even if not supported by the Dev Fund) that
is not in the interest of the general Zcash ecosystem.
* Any conflict of interest with the general success of the Zcash ecosystem
* Any conflict of interest with the general success of the Zcash ecosystem.
ECC, ZF and grant recipients must promptly disclose any security of privacy
risks that may affect users of Zcash (by responsible disclosure under