Community needs to keep following things in mind before they decide to support monetary changes
- Parity is expected to build/launch their zcash client in 2020 (around the time FR rewards are expired). Parity client most likely won’t have dev fund like their Ethereum client
- Miners, users and investors dislike monetary changes after initial launch because they fear coin scarcity/supply can be changed in the future as well.
- Exploring other options for funding developers:
- Enable miners to offer their share of mining rewards to devs. So, it is up-to miners.
- Introduce dev transaction fee (split mining fee into two), and/or give miners the power to disable it.
- meta idea: To avoid ZEC price fluctuations, dev fund (optional/mandatory) can be fixed USD value per month using ZECUSD price coded in zcash client. Additional knobs can be added if ZECUSD crashes so that miners still get majority of block reward and transaction fees.
- Explore ZIP based funding (in other words milestone based) with unlocking majority of funds when ZIP implementations are deployed. Authors, implementors and everyone involved should get rewards per ZIP. Rewards could be proportional to value and impact of those ZIPs. Example: “fully shielded”, “succinct blockchain” etc., All of this can be enabled by users and miners who run zcash. Makes perfect alignment b/n users, miners and dev.