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Created: 2019-09-27
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License: MIT
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Abstract
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========
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This proposal describes a structure for Zcash governance, including funding and
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managing new Zcash development, decentralizing those development efforts, and
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resolving governance hangups between the Zcash Foundation and the Electric Coin
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Company.
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These goals are accomplished via a 20% dev fee, enacted in NU4, as much as half
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of which is burned in the case of a robust ZEC price. This fee will fund a
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diverse group of development teams to ensure Zcash maintains best-in-class
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research and engineering talent while growing a robust ecosystem.
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Motivation
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==========
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