Releasing mining rewards over 50 weeks

[daira]

@zooko

The final decision about what software the Electric Coin Company will implement and support is up to Nathan Wilcox, the Zerocoin Electric Coin Company’s Chief Technology Officer, although he listens carefully to my opinion, and we generally agree between the two of us. He approved the time-locking of mining-rewards before he left for a long winter vacation. In his absence, I’m the one responsible for making the final call on this, which I’m going to do this coming Monday—the 7th—so that we can move on with the specification-writing step and get the Blossom train back on schedule (https://z.cash/blog/the-zcash-network-upgrade-pipeline/ ).

Zooko, I believe it would be absolutely irresponsible to make a decision on this only just after I’ve posted simulations that cast serious doubt on the security basis of dual PoW, with no time to consider the implications of those simulations.