Update draft-noamchom67-manufacturing-consent.rst

Editorial, added clarifications/ ** in allocations sections to acknowledge TBD status of block subsidy administration
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noamchom67 2024-07-03 10:41:50 -04:00 committed by Jack Grigg
parent 5c34d0bf3b
commit d9309db436
1 changed files with 14 additions and 10 deletions

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@ -102,7 +102,7 @@ recommended in Josh Swihart's proposal.
<https://forum.zcashcommunity.com/t/zcash-funding-bloc-a-dev-fund-proposal-from-josh-at-ecc/47187> <https://forum.zcashcommunity.com/t/zcash-funding-bloc-a-dev-fund-proposal-from-josh-at-ecc/47187>
Upon creation/ activation of a "non-direct funding model" this ZIP should be Upon creation/ activation of a "non-direct funding model" this ZIP should be
reconsider (potentially terminated) by the Zcash ecosystem, to determine reconsidered (potentially terminated) by the Zcash ecosystem, to determine
if its ongoing direct block subsidies are preferred for continuation. if its ongoing direct block subsidies are preferred for continuation.
Discussions/ solications/ sentiment gathering from the Zcash Discussions/ solications/ sentiment gathering from the Zcash
ecosystem should be initiated ~6 months in advance of the presumed ecosystem should be initiated ~6 months in advance of the presumed
@ -113,7 +113,7 @@ Block subsidies will be administered through two organizations:
1. Zcash Foundation (**for ECC, ZCG) 1. Zcash Foundation (**for ECC, ZCG)
2. Financial Privacy Fund (**for Qedit, ZecHub) 2. Financial Privacy Fund (**for Qedit, ZecHub)
**ZF and FPF adminstration details, costs, et al are currently under debate** **ZF and FPF adminstration of block subsidy details, costs, et al are currently under debate**
<https://forum.zcashcommunity.com/t/proposal-zcg-under-fpf/48113/11> <https://forum.zcashcommunity.com/t/proposal-zcg-under-fpf/48113/11>
@ -225,8 +225,11 @@ as generally recommended in Josh Swihart's proposal.
<https://forum.zcashcommunity.com/t/zcash-funding-bloc-a-dev-fund-proposal-from-josh-at-ecc/47187> <https://forum.zcashcommunity.com/t/zcash-funding-bloc-a-dev-fund-proposal-from-josh-at-ecc/47187>
"Dev Fund" block subsidies will be administered through two organizations: "Dev Fund" block subsidies will be administered through two organizations:
1. Zcash Foundation (for ECC, ZCG) 1. Zcash Foundation (**for ECC, ZCG)
2. Financial Privacy Fund (for Qedit, ZecHub) 2. Financial Privacy Fund (**for Qedit, ZecHub)
**ZF and FPF adminstration of block subsidy details, costs, et al are currently under debate**
<https://forum.zcashcommunity.com/t/proposal-zcg-under-fpf/48113/11>
The allocations are described in more detail below. The fund flow will be implemented The allocations are described in more detail below. The fund flow will be implemented
at the consensus-rule layer, by sending the corresponding ZEC to the designated at the consensus-rule layer, by sending the corresponding ZEC to the designated
@ -237,7 +240,7 @@ extended/modified by a future ZIP).
BP allocation (Bootstrap Project) BP allocation (Bootstrap Project)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
These funds SHALL be received and administered by ZF. **These funds SHALL be received and administered by ZF.
This allocation of the Dev Fund will flow as charitable contributions from This allocation of the Dev Fund will flow as charitable contributions from
the Zcash Community to the Bootstrap Project, the newly formed parent the Zcash Community to the Bootstrap Project, the newly formed parent
@ -276,9 +279,10 @@ Zcash ecosystem, to perform major and minor ongoing development (or other work)
public good of the Zcash ecosystem, to the extent that such teams are available public good of the Zcash ecosystem, to the extent that such teams are available
and effective. and effective.
These funds SHALL be received and administered by ZF. ZF MUST disburse them for **These funds SHALL be received and administered by ZF (or FPF, pending TBD outcomes
"Major Grants" and expenses reasonably related to the administration of Major of FPF proposal: <https://forum.zcashcommunity.com/t/proposal-zcg-under-fpf/48113/11>).
Grants, but subject to the following additional constraints: ZF MUST disburse them for "Major Grants" and expenses reasonably related to
the administration of Major Grants, but subject to the following additional constraints:
1. These funds MUST only be used to issue Major Grants to external parties 1. These funds MUST only be used to issue Major Grants to external parties
that are independent of ZF, and to pay for expenses reasonably related to that are independent of ZF, and to pay for expenses reasonably related to
@ -366,7 +370,7 @@ decisions.
Qedit Qedit
~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~
These funds SHALL be received and administered by FPF. **These funds SHALL be received and administered by FPF.
This allocation of the Dev Fund will flow as charitable contributions from This allocation of the Dev Fund will flow as charitable contributions from
the Zcash Community to Qedit, for the purposes of supporting their ongoing the Zcash Community to Qedit, for the purposes of supporting their ongoing
@ -376,7 +380,7 @@ legal/ and other efforts.
ZecHub ZecHub
~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~
These funds SHALL be received and administered by FPF. **These funds SHALL be received and administered by FPF.
This allocation of the Dev Fund will flow as charitable contributions from This allocation of the Dev Fund will flow as charitable contributions from
the Zcash Community to ZecHub, for the purposes of continuing their the Zcash Community to ZecHub, for the purposes of continuing their