[ZIP 1003] Dev Fund Proposal: 20% split between the ECC and the Foundation

[mistfpga]

Hi,

@joshs

We’re working together next week to respond to proposals which may include some level of legal research.

That is great news.

@joshs can you please push @nathan-at-least for an answer to a short extension for funding proposals only (i.e. everything str4d already covered in his stream/podcast is locked in on the 31st.)
@tromer/@amiller you both seem to be very active in this area too. could you please push from the foundation for a response from nathan to this thread. and could you also please read the whole thread. I don’t think it is asking that much.

• Emergency extention to a select part to NU4 inclusions RE dev fund

Particularly this bit

The intent is that a new proposal can be made but it has to be based off an older one or in a really good state already incorporating the feedback so far from other relevant proposals. I imagine completely new ones without much thought wont get put in.

It is a safety net that might not even be needed.

@mistfpga

I would see the timeline something like this -

• Rough Drafts by the 31st (not a hard deadline though, but it might not get accepted after)
• Two weeks for the company to review them and put a basic timeline and implementation impact (cant remember the exact bit it is called in the ZIP but its the technical bit we cant do) And assess overall impact of compatibility between ZIPS
• Feedback to the community who have two weeks to consider and consolidated their ZIP’s based off ECC technical feedback aspects
• Possible second round of vetting and checking of last minute ZIPs or Final drafts to be submitted.

4 - 6 week extension.

Zooko has made some excellent points about how this might/might not work.

I just feel there should be a cushion after more detailed feedback, the landscape is changing so quickly. I still havent worked out how to make my proposal fit the legal framework (partly because we dont know it) but I might have to write another one giving funds to the ECC (even if the foundation said they would veto it. It deserves to be put on the table.)

Especially with this in mind.

@zooko

I’ll just point out that the impact on the core devs (at Electric Coin Co and Zcash Foundation) is only one of the impacts. The timing and contents of this decision also impacts third party devs (e.g. the Trezor devs, exchange devs, wallet devs, etc. etc.) as well as miners and coin-holders.

Im not going to flip out if its no. I just want to know where I stand.

Thanks.