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@@ -1,6 +1,6 @@
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<pre>
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PIP: PIP-0035
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- Title: Block Policy: A New Vision
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+ Title: Block Policy: Layer-1 Governance
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Type: User Interface
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Impact: None
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Author(s): Herman Schoenfeld <[email protected]>
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@@ -13,20 +13,21 @@
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## Summary
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-A simple and efficient layer-1 governance model is proposed called "Block Policy". In the opinion of the author, the introduction of Block Policy is a game-changing innovation that fundamentally changes the underlying "economic code" of PascalCoin, and any other cryptocurrency which adopts it. Whilst only a minor technical change, it solves many problems afflicting cryptocurrencies today.
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+A simple and efficient layer-1 governance model is proposed called "Block Policy". In the opinion of the author, the introduction of Block Policy is a significant innovation that fundamentally changes the underlying "economic code" of PascalCoin, and any other cryptocurrency which adopts it. Whilst only a minor technical change, it solves many problems afflicting cryptocurrencies today.
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-## Re-brand & License
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+## Re-brand Option
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-If adopted, this proposal will fundamentally change the original vision of PascalCoin. As a result, a re-brand is now warranted and fully justified. Also, since the author has [contributed significantly][1] to PascalCoin's architecture and code, the author imposes the following conditions on the adoption of this proposal:
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-* Block Policy is adopted fully or not at all;
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+If adopted, this proposal will fundamentally change the original vision of PascalCoin. As a result, a re-brand is now warranted and fully justified. As a result, it is recommended that:
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+* Block Policy be adopted fully;
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* PascalCoin is re-branded;
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-* The author shall be legally considered a "co-founder".
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-No part of this proposal may be disregarded in the implementation without the consent of the author. Apart from this condition, GNU Public License applies.
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+Alternatively, another option is:
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+* Block Policy be adopted partially;
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+* PascalCoin brand is retained;
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-A proposed new brand for the project is "Velocity Cash" and domain names and web-assets have been secured for this re-branding. However, the author is flexible on alternative re-brands and will work closely with the PascalCoin community to reach a re-brand consensus assuming approval of this pip.
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+In the case of the former, the proposed new brand for the project is "Velocity Cash" and domain names and web-assets have been secured for this re-branding. However, the proposed re-branding is flexible and should require consensus from community.
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-In the interim, PascalCoin will herein be referred to as "Velocity Cash" for the remainder of this document even though it may be subject to a different re-brand.
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+In the interim, PascalCoin will herein be referred to as "Velocity Cash" for the remainder of this document even though it may be not be re-branded or subject to a different re-brand.
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## Layer-1 Governance
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