mirror of https://github.com/zcash/zips.git
Minor/typo tweaks
This commit is contained in:
parent
627487f356
commit
dc23447dfd
13
zip-XXXX.rst
13
zip-XXXX.rst
|
@ -88,7 +88,7 @@ value for the Zcash ecosystem.
|
||||||
There should not be any single entity which is a single point of failure, i.e.,
|
There should not be any single entity which is a single point of failure, i.e.,
|
||||||
whose capture or failure will effectively prevent effective use of the funds.
|
whose capture or failure will effectively prevent effective use of the funds.
|
||||||
|
|
||||||
Major funding decisions should be based, to the extent feasible on inputs from
|
Major funding decisions should be based, to the extent feasible, on inputs from
|
||||||
domain experts and pertinent stakeholders.
|
domain experts and pertinent stakeholders.
|
||||||
|
|
||||||
The Dev Fund mechanism should not modify the monetary emission curve (and in
|
The Dev Fund mechanism should not modify the monetary emission curve (and in
|
||||||
|
@ -101,7 +101,7 @@ and eventual halvings, it is desirable to create rainy-day reserves.
|
||||||
The Dev Fund mechanism should not reduce users' financial privacy or security.
|
The Dev Fund mechanism should not reduce users' financial privacy or security.
|
||||||
In particular, it should not cause them to expose their coin holdings, or to
|
In particular, it should not cause them to expose their coin holdings, or to
|
||||||
maintain access to secret keys for much longer than they would otherwise. (This
|
maintain access to secret keys for much longer than they would otherwise. (This
|
||||||
rules out some form of voting, and of disbursing coins to past/future miners).
|
rules out some forms of voting, and of disbursing coins to past/future miners).
|
||||||
|
|
||||||
The new Dev Fund system should be simple to understand and realistic to
|
The new Dev Fund system should be simple to understand and realistic to
|
||||||
implement. In particular, it should not assume the creation of new mechanisms
|
implement. In particular, it should not assume the creation of new mechanisms
|
||||||
|
@ -158,9 +158,8 @@ partners ("shareholders"), other than:
|
||||||
(ECC is encouraged to transition to a corporate structure that would avoid the
|
(ECC is encouraged to transition to a corporate structure that would avoid the
|
||||||
latter taxes.)
|
latter taxes.)
|
||||||
|
|
||||||
This obligation must be made irrevocable within ECC's corporate governance
|
This obligation must be made irrevocable, e.g., within ECC's corporate
|
||||||
structure (i.e., its Operating Agreement), and backed by a contractual
|
governance structure (i.e., its Operating Agreement) or contractual obligations.
|
||||||
obligation to the Zcash Foundation.
|
|
||||||
|
|
||||||
|
|
||||||
Zfnd-GU slice (Zcash Foundation, for general use)
|
Zfnd-GU slice (Zcash Foundation, for general use)
|
||||||
|
@ -177,7 +176,7 @@ profits will be added to the Zfnd-GU slice (to fund its ongoing operations and
|
||||||
any future grants).
|
any future grants).
|
||||||
|
|
||||||
|
|
||||||
Zfnd-MG slice (Zcash Foundation for major grants)
|
Zfnd-MG slice (Zcash Foundation, for major grants)
|
||||||
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
|
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
|
||||||
|
|
||||||
This slice of the Dev Fund is intended to fund independent teams entering the
|
This slice of the Dev Fund is intended to fund independent teams entering the
|
||||||
|
@ -353,7 +352,7 @@ Future Community Governance
|
||||||
|
|
||||||
Decentralized community governance is used in this proposal in the following places:
|
Decentralized community governance is used in this proposal in the following places:
|
||||||
|
|
||||||
1. As advisory input to the `Zfnd-MG slice (Zcash Foundation for major grants)`_.
|
1. As advisory input to the `Zfnd-MG slice (Zcash Foundation, for major grants)`_.
|
||||||
|
|
||||||
2. For changing the `Funding Target and Volatility Reserve`_ (which is an
|
2. For changing the `Funding Target and Volatility Reserve`_ (which is an
|
||||||
incentive for ECC and Zfnd to *create* the voting mechanism).
|
incentive for ECC and Zfnd to *create* the voting mechanism).
|
||||||
|
|
Loading…
Reference in New Issue