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Specify halving height precisely in spec, and numerically in motivation

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Jack Grigg 2019-01-25 01:47:46 +00:00
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20
drafts/blossom-split-founders-reward.rst
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@ -26,9 +26,9 @@ Motivation
==========
Since the launch of the Zcash network, the consensus rules have required that until the first block reward
halving, each block must send 20% of the block subsidy to a hard-coded transparent address. [#block-subsidy]_
This stream of 2.5-ZEC outputs (the value after the mining slow-start was completed) can be split into three
logical funding streams: [#continued-funding]_
halving (at block 850,000), each block must send 20% of the block subsidy to a hard-coded transparent address.
[#block-subsidy]_ This stream of 2.5-ZEC outputs (the value after the mining slow-start was completed) can be
split into three logical funding streams: [#continued-funding]_
- (73.7%) The Founders' Reward stream
- (14.4%) The Zcash Foundation Endowment stream
@ -81,13 +81,13 @@ Stream definitions
The three logical funding streams described above each start at the Blossom activation height, and end at the
first block reward halving. They are defined as follows:
======== ================ ================== ==========
Stream Value (zatoshis) Start height End height
======== ================ ================== ==========
FR 184250000 Blossom activation 850000
ZF E 36000000 Blossom activation 850000
ZECC SR 29750000 Blossom activation 850000
======== ================ ================== ==========
======== ================ ================== ================================
Stream Value (zatoshis) Start height End height
======== ================ ================== ================================
FR 184250000 Blossom activation SlowStartShift + HalvingInterval
ZF E 36000000 Blossom activation SlowStartShift + HalvingInterval
ZECC SR 29750000 Blossom activation SlowStartShift + HalvingInterval
======== ================ ================== ================================
- To-do: specify the correct values.
- To-do: specify the correct start height.