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[ZIP 234] Smooth Out The Block Subsidy Issuance #706
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Thanks for submitting this ZIP for review.
This ZIP is currently incompatible with the ZIP in PR #703, so that will need to be resolved if you would like them both to be accepted.
Based on our previous conversations, I did my review assuming that you wanted this ZIP to define issuance based on the ZSF balance in PR #703. If that't not correct, please feel free to ignore those parts of my review, and fix the compatibility another way.
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: teor <teor@riseup.net>
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I propose including the changes I have suggested or similar to ensure the motivation includes two key points:
- this mechanism ensures any changes to issuance rate (up or down) are gradual to avoid disruption and enable people to plan around it.
- this mechanisms supports increases in issuance rate (via ZSF deposits in other ZIP) which take effect in the immediately subsequent block subsequent blocks (while still being gradual and predictable).
Co-authored-by: Nathan Wilcox <nathan-at-least@users.noreply.github.com>
Co-authored-by: Nathan Wilcox <nathan-at-least@users.noreply.github.com>
Halving 1 at block 1680000: | ||
ZSF subsidies: 262523884819889 (~ 2625238.848 ZEC, 1.563 ZEC per block) | ||
legacy subsidies: 262500000000000 (~ 2625000.000 ZEC, 1.562 ZEC per block) | ||
difference: 23884819889 (~ 238 ZEC), ZSF/legacy: 1.0001 |
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Action item: @daira to check these.
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: str4d <thestr4d@gmail.com>
@@ -0,0 +1,166 @@ | |||
``` | |||
ZIP: |
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Assigned ZIP 234.
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