Chain Parameter Change Proposal 2-24-2020
Change the Chain Parameters
Category Chain parameter change
Voting ends 2020-03-07T06:00:00, 6 am 7 Mar 2020 UTC, 11pm 6 Mar 2020 MST. If vote passes changes go into affect 1 hour after voting ends.
Proposal ID 1.7.3
Two parameter changes are being proposed to the TUSC blockchain. We are seeking community feedback on these two proposed changes before committee members vote. Once community members have a chance to provide feedback the on chain proposal will be created and the rest of the information above will be filled in.
There is a parameter called committee proposal review period. The person that creates a committee proposal chooses when the proposal will expire. If it has enough votes to pass when it expires then the proposed changes will be made. Committee proposal review period controls the amount of time immediately before the proposal expiration when voting is locked out. This gives the community time to evaluate the votes of the committee members and vote out the committee members who voted for the proposal if they don’t want the proposal to go into effect. Currently this parameter is set to 1 hour. This does not allow adequate time for anything to be done during the review period. By changing the parameter to 1 day much more time is allowed for consideration of the proposal after all of the votes are locked in.
The second change is to the worker budget per day. It is currently set to 5 million TUSC, the proposal is to change it to 10 million TUSC. There is a lot of activity going on around TUSC currently. The way to fund all of this activity is through the daily worker budget. TUSC holders can vote for the workers that they want to support and the workers with the most votes get their worker proposals funded until the daily budget runs out. In order to fund development and marketing activities at a faster pace we are proposing to double the daily budget. It is possible to vote for worker proposals that return the budget to the worker fund rather than paying it out if there are not 10 million TUSC worth of worker proposals that a voter wants to support.