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24 Commits

Author SHA1 Message Date
Matt Luongo 5db9d91870 Correct my Bitcoin history 
Thanks @lightcoin!
 2019-11-26 01:32:35 +00:00
Matt Luongo 08e5ee6d5b Replace the principal developer board seat 
Removing the seat simplifies Foundation governance, and appears to be a
popular move. More discussion can be found on the forum https://forum.zcashcommunity.com/t/dev-fund-proposal-dev-fund-to-ecc-zfnd-major-grants/35364/17?u=mhluongo
 2019-11-26 01:32:35 +00:00
Matt Luongo 3d60f88bfa Move from a fixed to max principal dev allocation 
Based on feedback from @tromer as well as thoughts from the ECC on the
forum
(https://forum.zcashcommunity.com/t/decentralizing-the-dev-fee/35252/92?u=mhluongo)
 2019-11-26 01:32:35 +00:00
Matt Luongo f7a3f3ea12 Replace the burn mechanism with grant funding 
Thanks @tromer for the extended discussion on today's Foundation grant
system!

More details on some issues with burn were discussed on the forum https://forum.zcashcommunity.com/t/protect-the-integrity-of-the-monetary-base-supply-schedule/35283/11
 2019-11-26 01:32:35 +00:00
Matt Luongo dad1b516cf Further clarify that ZF is free to continue R&D 2019-11-26 01:32:35 +00:00
Matt Luongo f1b392c7c9 🐛: Fix the dev fee easing function 
Refs https://forum.zcashcommunity.com/t/decentralizing-the-dev-fee/35252/50?u=mhluongo
 2019-11-26 01:32:35 +00:00
Matt Luongo 2d16ce3037 🐛: 501(c)(3) board members can't be paid in the US 2019-11-26 01:32:35 +00:00
Matt Luongo 078bc24c37 Include disclosures and acknowledgements 2019-11-26 01:32:35 +00:00
Matt Luongo 71b454d1a9 Include an abstract 2019-11-26 01:32:35 +00:00
Matt Luongo aabd16d911 Move from a dev fee ceiling to an easing function 2019-11-26 01:32:35 +00:00
Matt Luongo 04e844ea6d Strengthen the role of principal developer 2019-11-26 01:32:35 +00:00
Matt Luongo bf5cfa4806 Clarify dev fee changes via network upgrade 
This structure makes it clear that the Foundation isn't "paying" the dev
fee recipients -- a logistics mess -- and instead recommends changes per
network upgrade.
 2019-11-26 01:32:35 +00:00
Matt Luongo c458556923 Include requirements and non-requirements 2019-11-26 01:32:35 +00:00
Matt Luongo 46dcc1a626 Clean up the narrative language 2019-11-26 01:32:35 +00:00
Matt Luongo 885f99b30a Clarify the board's discretion around elections 2019-11-26 01:32:35 +00:00
Matt Luongo c559e51df9 Clarify that developers decide and execute... 
roadmaps.
 2019-11-26 01:32:35 +00:00
Matt Luongo 39606562f9 Allow room for Foundation board self-selection 
... while heavily favoring formal board experience.

A board stacked with researchers isn't representative and is unlikely to
have the leverage it needs.
 2019-11-26 01:32:35 +00:00
Matt Luongo 9ceeeddaea Fix a couple lists 2019-11-26 01:32:35 +00:00
Matt Luongo 82f4327fb3 Include the bulk of the dev fee proposal 2019-11-26 01:32:35 +00:00
Matt Luongo a14b7ecb4a Describe the "crowding out" problem 2019-11-26 01:32:35 +00:00
Matt Luongo 666aca0fe5 Describe issues with today's Zcash governance 2019-11-26 01:32:35 +00:00
Matt Luongo a4f857bd3d Zcash can be more than "Bitcoin, but private" 2019-11-26 01:32:35 +00:00
Matt Luongo 50ac7ca9f8 Introducing my interest in Zcash 2019-11-26 01:32:35 +00:00
Matt Luongo ee0215cc88 Another take on a dev fee ZIP. 
We need to separate the foundation and the ECC, and we need to ecourage
third-party investment in Zcash development.

Let's do this.
 2019-11-26 01:32:35 +00:00