ECC Roadmap Update

One of the best ways to figure out how much people care about zcash and privacy is to start charging a fee. First, zcash needs the funding. Second, people willing to pay for something is a valuable insight to have. When it’s given away for free, you really don’t know how strong the thesis is or if you are creating things people actually want. Third, visa/mastercard have proven people are willing to pay 3% to move money around. Likewise, people pay 50 cents to mail a check or pay $30 or so to wire money.

So why not charge a 1/2% transaction fee (min 25 cents) and cap it at 30? It will help support funding new development, and will help guide development, among other benefits.

fee split

1/3 goes to treasury
1/3 goes to any team funding a project on top of zcash blockchain (if possible to isolate fee split relative to a specific development or use case. eg a new project only keeps 1/3 of the fees it generates.)
1/3 yield/burn

(placeholders % splits. change as needed. you get funding from zcash it’s 1/3 or less. you find your own development you get 2/3 for example). Apple and google have proven this model works.

This will incentive people to build on top of zcash cash and hold zcash…profitable development = more transactions, more funding, more development more yield…

Now is the time to do this to figure it all out prior to a transition to POS.

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Nah. You left out holders. I should get incentivized to hold Zcash over cash. Banks pay an interest rate. Holders should be eligible for one as well.

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