ZIP proposal: Proof of stake

Community Collaborations protocol
61

You get a better roi but the holder doesn’t so it makes sense for you but doesn’t make sense for the holder who has zcash

62

When staking?

63

https://www.binance.com/ru/savings#lending-fixeddeposits

64

Staking make zcash more valuable like better buy zcash than gpu or asic

65

If the cap of 21M can be kept + halving happens every 4 years like right now, then why not switch to PoS! It opens up a new door for the Zcash ecosystem with builders, developers, economists, crypto community, zodlers to play a bigger part in the zcash blockchain!

2 Likes
66

I believe keeping the 21M limit is very important for majority of the Zcash community, but we can have a poll on this.

The halving supply shock can be improvised by smoothing out the issuance over the years, with decreasing % returns for holders/stakers & validators every year, towards a hard limit of 21M ZEC.

2 Likes
67

With pure staking approach, I don’t think a hard limit of 21M ZEC would make sense anymore. It also doesn’t matter if PoS or PoW. What matters is utility, wider adoption & benefit for zodlers.

1 Like
68

Don’t see a difference between a pow or pos approach. There’s roughly 3500 zecs mined a day, those would be the daily staked ones, with halvings each 4 years as is today. Tokenomics wise zcash hardcap of 21M and its scarcity is one of the elements that attracted people into the project.

3 Likes
69

pos calculator is needeed

1 Like
70

It’s about time Zcash to PoS

2 Likes
71

Barry just retweeted this

6 Likes
72

…aaaand Zcash is moving to PoS. Stop buying useless miners and start buying $Z

1 Like
73

I’m excited about the idea of migrating from POW to POS, it will provide remuneration for Zcash holders. But honestly, I wouldn’t have the courage to leave my wallet connected to the internet 24 hours a day, I’m scared and I think it’s insecure. but I would leave at least 1% of all my Zcash in a stake wallet generating remuneration on the network, in addition to helping the ecosystem with a full node validating transactions.

1 Like
74

pure pos protocol has not proven itself as a proper censorship-resistance system

hybrid pow-pos still better with pow as a back up

1 Like