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NU7 Scope

This vote concerns the scope of NU7. It is one component of governance, but it represents the coinholders’ view about NSM, supply schedule, block times, and Sprout deprecation.

Closed
Snapshot
Block 3,459,350
Questions
5
Discussion
Forum thread
ZEC voted
2,403,537

  1. Q12,403,537 ZEC

    NSM Issuance Smoothing

    Preserve halvings. 98.9% 2,375,932 ZEC All 4 answers     Smooth issuance curve. 0.9% 22,385 ZEC Preserve halvings. 98.9% 2,375,932 ZEC Do not include issuance smoothing in NU7. 0.2% 4,148 ZEC Abstain. 0.0% 1,072 ZEC

    The component of the Network Sustainability Mechanism that removes ZEC from circulation is already approved. How that ZEC is recycled into future block rewards remains unresolved. In no case will the total supply of ZEC be affected.

    Which approach do you support?

  2. Q22,401,152 ZEC

    NSM Reissuance Start Date

    February 2031, regardless of the outcome of Q1. 96.6% 2,319,644 ZEC All 4 answers     As soon as possible. 2.9% 70,240 ZEC February 2027, regardless of the outcome of Q1. 0.3% 6,283 ZEC February 2031, regardless of the outcome of Q1. 96.6% 2,319,644 ZEC Abstain. 0.2% 4,986 ZEC

    NSM has prior coinholder approval. This question concerns the start of reissuance of funds removed from circulation (which includes at least 60% of total fees).

    When should NSM reissuance of funds removed from circulation begin?

  3. Q32,399,146 ZEC

    Sprout Deprecation

    Immediately at NU7 activation. 97.3% 2,333,855 ZEC All 4 answers     Immediately at NU7 activation. 97.3% 2,333,855 ZEC One year after this poll concludes. 0.6% 13,787 ZEC Do not set a date to disable v4 transactions. 2.1% 49,821 ZEC Abstain. 0.1% 1,684 ZEC

    The Sprout pool was deprecated in 2018. Deposits are disabled, it holds less than 23,000 ZEC, and it accounts for under 0.1% of transaction volume. Disabling v4 transactions is now broadly accepted; only timing is open.

    The disposition of the affected funds is out of scope for this poll and is not specified here.

    When should v4 transactions be disabled?

  4. Q42,399,463 ZEC

    Faster Block Times

    Yes. 99.9% 2,397,669 ZEC All 3 answers     Yes. 99.9% 2,397,669 ZEC No. 0.0% 142 ZEC Abstain. 0.1% 1,652 ZEC

    Should we reduce the block target spacing from 75s to 25s, and introduce per-pool action limits, per ZIP-218?

  5. Q52,399,474 ZEC

    NU7 Scope and Readiness

    Ship NU7 as soon as possible, removing any feature that is not implemented by the September 30th deadline. 99.3% 2,382,602 ZEC All 4 answers     Ship NU7 as soon as possible, removing any feature that is not implemented by the September 30th deadline. 99.3% 2,382,602 ZEC Delay NU7 until every applicable feature approved in this poll is deemed complete. 0.5% 12,708 ZEC I do not support this NU7 plan. 0.0% 4 ZEC Abstain. 0.2% 4,161 ZEC

    NU7 will be consistent with the results of this poll, assuming each applicable feature is implemented by September 30th.

    How should features that are not ready by the deadline be handled?