Hi Zooko,
I had not see this message until a few moments ago. This is really good news. I was strongly in favour of slow + pivot. But your post has made me think again.
Please correct me if I am wrong.
- The ECC currently has finance for 24 months. (I thought it was 12 and had been working under that assumption)
- The 2 years worth of funding, that is “cash in the bank” as in it has come from currently block distribution? (this is really important) or is it some new source?
- If this two years has already been paid for, does this mean that even if/though the dev fund stops in 2020 the ECC has pledged to be all in ZEC til 2021? (I really hope this is the case)
- If this is the case, new funding wouldn’t technically be needed until NU5.
- So Governance doesn’t need to be settled for august 31st, it could be in NU 4.5
- This would give considerable time for voting/polling/staking to be sorted out from within the community. (especially with the Placeholder people and others now shining a light on the governance thing, an area I lack in considerably so haven’t been able to bring much to the table)
Or do we still need to try to get governance proposals through for NU4 deadline?
Thanks,