So NU4 will activate just as the FR ends…
If we don’t act, ECC should be totally excluded from the Founder’s Reward, right?
If so, good! They are a for-profit company! Here’s how ECC might profit while empowering the community:
Transition to an electric coin mining company.
By doing so, ECC helps protect the zcash network against centralizing forces.
Plus, to become profitable in this manner they must literally SELL zcash (or associated products that benefit zcash and its network). They must continue to enable the use of zcash as a for-profit electric coin mining company.
Moreover, for users, to “get a share of ECC” or a piece of the pie, we might simply join them in mining as they continue to develop the business. If ECC fails to develop the zcash, then their mining proceeds will be of no use to them as the zcash value proposition falters without the support of the Founder’s Reward.
During this time, ZFND takes over all rights to the Zcash logo, ZEC ticker symbol, and “Zcash” brand to prevent identity theft by a “don’t be evil” for-profit mining entity. Or, maybe some 2 of those 3.
Your thoughts appreciated. Please don’t make me ZIP this…
h/t: @boxalex @garethdavies @anton1 @dontbeevil @zecke @bus @mistfpga @chilebob @vires_num3ris @root