PIP-0019: added

PIP/PIP-0019.md

@@ -0,0 +1,30 @@
+<pre>
+  PIP: PIP-0019
+  Title: Balance recovered from lost accounts to be sent to developers fund
+  Type: Protocol
+  Impact: Hard-Fork
+  Author: Dr. Muhammad Amer <i>&lt;[email protected]&gt;</i>
+  Comments-URI: https://discord.gg/sJqcgtD  (channel #pip-0019)
+  Status: Draft
+  Created: 2018-01-27
+ </pre>
+ 
+## Summary
+
+It is proposed that major portion of recovered balance (80%) from a lost account should go to developers fund.
+ 
+## Motivation
+ 
+Coinrot is a serious economic issue afflicting almost all other cryptocurrencies. Coinrot is the phenomenon of coins being permanently lost due to lost/corrupted keys and/or natural death. It is estimated that 20% of Bitcoins have already rotted. PascalCoin solves this problem by allowing PASC to be transferred from an account, without owners signature, after an inactivity period of 4 years. In current protocol, the recovered balance from a lost account will go to the miner who will mine the block with lost account. It is proposed that major portion of the recovered amount (80%) should go to developer's fund. This will still give 20% to miners and enhance developer's fund income.
+ 
+## Specification
+ 
+ _None Provided_
+
+## Rationale
+
+According to current protocol, lost account balance can be recovered by miners. By sending major potion of recovered account balance to developer's fund will enhance community effort to uplift PascalCoin.
+
+## Backwards Compatibility
+
+Despite no specification, this proposal is likely to require a hard-fork activation.

PIP/README.md

@@ -25,4 +25,5 @@ If they wish to continue, copy [this template](PIP-template.md) and ensure your
 | [16](PIP-0016.md)     | Layer-2 protocol support                 | Herman Schoenfeld              | Protocol       | Proposed |
 | [17](PIP-0017.md)     | Anonymity via Transaction Mixing (phase-1)   | Herman Schoenfeld          | Protocol       | Proposed |
 | [18](PIP-0018.md)     | 10% funding allocation for Lazarus/FPC   | Herman Schoenfeld              | Process        | Proposed |
+| [19](PIP-0019.md)     | Balance recovered from lost accounts to be sent to developers fund   | Dr. Muhammad Amer   | Protocol        | Draft |