NU7 Timeline and the Dev Fund Expiration

[dismad]

I think we should have a diagram for this discussion, borrowed from the ECC summit thread

@joshs

We believe this extension should allocate all of the 20% development funds to the lockbox. Unlike the current allocation to ZCG, its funding allocation would cease until the community decides what to do with the funds in the lockbox. Like others, including ZF and ECC, it would be limited to its existing treasury until a distribution mechanism is cooperatively defined.

Speaking for myself, I agree that we should allocate all dev funds post Nov into the lockbox, but I also think NU7 should activate on time. If the current dev fund runs out prioritizing NU7, this is a consequence of priorities. Move forward.

@joshs

The second option is to include the change in NU7 unless the remaining NU7 work is delayed beyond the November expiration date, in which case, only the extension is activated, and the remaining capabilities would be activated at a later date when ready.

How would including this change delay the remaining NU7 work?

@joshs

Allocating the full amount to the miners only to return and reinstall some development funding at a later date is not ideal.

Neither is hitting delays. Listen from 44:00. Zcashd dep would be done well before April 2025. So what happened?

Dedicated Zcash Arborist Call ( ZSAs, NU6, & NU7)