zec
/
zips
mirror of https://github.com/zcash/zips.git
1
0
Fork 0
Code Issues Projects Releases Wiki Activity

ZIP 1012: fix an inconsistency between the Abstract and the Specification, as per 

https://forum.zcashcommunity.com/t/dev-fund-proposal-dev-fund-to-ecc-zfnd-major-grants/35364/43

Signed-off-by: Daira Hopwood <daira@jacaranda.org>
This commit is contained in:
Daira Hopwood 2019-11-29 03:29:30 +00:00
parent 367862f968
commit 8c327e6a4c
2 changed files with 7 additions and 6 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

6
zip-1012.html
View File

@ -67,9 +67,9 @@ Discussions-To: &lt;https://forum.zcashcommunity.com/t/dev-fund-proposal-dev-fun
<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>35% for the Electric Coin Company (denoted <strong>ECC slice</strong>);</li>
<li>25% for the Zcash Foundation, for general use (denoted <strong>ZF-GU slice</strong>);</li>
<li>40% for additional "Major Grants" for large-scale long-term projects (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">

7
zip-1012.rst
View File

@ -130,9 +130,10 @@ 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**).
* 35% for the Electric Coin Company (denoted **ECC slice**);
* 25% for the Zcash Foundation, for general use (denoted **ZF-GU slice**);
* 40% for additional "Major Grants" for large-scale long-term projects
(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