NSM in Zcash

- problem: future security budget (tx fees not enough?)

- constraint: 21M cap

- proposal: Network Sustainability Mechanism

- ZIP 233: establish voluntary burn mechanism

- ZIP 234: smooths the issuance curve (adds burned coins)

- ZIP 235: burn 60% of transaction fees

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Discussion

More details over at Shielded Labs:

https://shieldedlabs.net/nsm/

That’s how ZIP 234 would change Zcash inflation: