[ZIP 233] Network Sustainability Mechanism: Burning

[daira]

Issue for discussion.

[nuttycom]

Note to be resolved during the editing period: #913 (comment)

[giddie]

Following on from the forum discussion, we'd like to adjust the wording of the ZIP to include:

Burning ZEC through ZIP 233 or other methods, such as sending ZEC to a verifiably invalid address, reduces the total supply of ZEC below the 21 million coin cap. However, this ZIP is intended to be implemented alongside ZIP 234 or a similar mechanism that would allow new ZEC to be systematically issued into future block rewards while maintaining the 21 million coin supply cap. Since ZEC is fungible, burned ZEC is not reissued, and there is no direct link between the burned coins and the new coins issued in future block rewards. If ZIP 234 or a similar mechanism is not added to the protocol in the future, then the result of burning ZEC will be a permanent reduction in the total supply to less than 21 million coins.

Would you like us to open a PR for the edit, or would the editing team prefer to handle it directly?