Project Tachyon, Valar Group, Zcash Foundation, Shielded Labs, and Zodl have agreed to make some modifications to these poll questions to reconcile them with the previous questions. Zcash Foundation is running a concurrent ZCAP sentiment collection poll that will use the same questions. We’ve adjusted the end date of our coinholder vote to align with ZCAP’s poll.
Adjustments
We’re clarifying that the 1,000,000 ZEC participation threshold is reached by any one question receiving at least 1,000,000 ZEC votes, including any abstentions. The goal of the participation threshold is to ensure the poll as a whole is taken seriously only if a substantial portion of ZEC participates in the process. It is not intended for this threshold to apply to any particular question.
-**We consider the results legitimate and representative of coinholders if at least 1,000,000 ZEC participates.** We have confirmed that [Vizor](https://vizor.cash/) will support the voting process, and we hope that Zodl and other wallets do the same.
+**We consider the results legitimate and representative of coinholders if at least 1,000,000 ZEC participates in at least one question.** We have confirmed that [Vizor](https://vizor.cash/) and [Zodl](https://zodl.com/) will support the voting process, and we hope other wallets do the same.
Further, we’ve made a couple other minor tweaks to unify the questions with the old poll.
1. **Smooth issuance curve.** Replace halvings with a gradual issuance curve. NSM-recycled funds reissue along the same curve.
-2. **Preserve halvings.** Keep the existing halving schedule for newly minted ZEC. Fees and donated funds removed from circulation are eventually reissued into future block rewards.
+2. **Preserve halvings.** Keep the existing halving schedule for new ZEC. Fees and donated funds removed from circulation are eventually reissued into future block rewards.
3. Do not include issuance smoothing in NU7. How unissued funds are reissued is left to future governance.
4. Abstain.
+*Refs: [ZIP 233](https://zips.z.cash/zip-0233), [ZIP 234](https://zips.z.cash/zip-0234)*
+
## Q2 (NSM Reissuance Start Date)
NSM has prior coinholder approval. This question concerns the start of fee reissuance under the mechanism.
@@ -58,7 +60,7 @@ The disposition of the affected funds is out of scope for this poll and is not s
## Q4 (Faster Block Times)
-**Should we reduce the target block time from 75s to 25s, and introduce per-pool action limits, per [\[ZIP-218\]](https://zips.z.cash/zip-0218)?**
+**Should we reduce the block target spacing from 75s to 25s, and introduce per-pool action limits, per [\[ZIP-218\]](https://zips.z.cash/zip-0218)?**
1. Yes.
Transaction Format Changes
This reduced-scope poll avoids transaction format changes; to the extent they are implicated by any of the questions, it should be presumed that transaction format changes are out of scope for NU7 due to the widespread desire to avoid wallet-breaking changes in the next network upgrade.
However, the orgs all agree that transaction format changes are in scope for the following network upgrade.