ZIP: 1001 Title: Keep the Block Distribution as Initially Defined — 90% to Miners Owner: mistfpga (zcash forums) <firstname.lastname@example.org> Status: Draft Category: Consensus Created: 2019-08-01 License: CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0/> Discussions-To: <https://forum.zcashcommunity.com/t/zip-proposal-keep-the-block-distribution-as-initaly-defined-90-to-miners/33843>
The key words "MUST", "MUST NOT", "SHOULD", and "SHOULD NOT" in this document are to be interpreted as described in RFC 2119. 2
For clarity this ZIP defines these terms:
|1||If there is contradiction between Spirit and any other part of the proposal that needs to be addressed, in the event it is not addressed Spirit is assumed to overrule all.|
The spirit of this ZIP is to is to ensure that the Founders’ Reward ends. It is not the intention of this ZIP to stop protocol-based donations.
It is a simple short ZIP.
Hopefully it will be compatible with a number of other ZIPs and can be worked into them.
Halving(height) >= 1. (For clarity once the halving happens the Founders’ Reward stops, as per the rules outlined in 4 and 5.)
This ZIP requires no changes to current consensus implementations.
|2||Key words for use in RFCs to Indicate Requirement Levels|
|3||Zcash blog: Funding, Incentives, and Governance. February 1, 2016|
|4||Zcash Protocol Specification, Version 2019.0.8 exactly. Section 7.7: Calculation of Block Subsidy and Founders Reward|
|5||Zcash Protocol Specification, Version 2019.0.8 exactly. Section 7.8: Payment of Founders’ Reward|