I dont think there is a possibility of changing the current maximum budget cap (of 20% : 10% to Charity, 5% to IT, 2.5% to P2P and 2.5% to PR) - as that is what we promised to the investors. I know I railed for 5% for IT during inception when I discovered the dire necessity (the decision was based on the greater good, coming down to survival) but I am also a staunch advocate of sticking with what we have forever. Our emissions rate, our deflation rate and our block cap and our budget cap per block - forever now, I beleive its set in stone now. (On a side note you will see the next total monthly budget increased due to technical reasons - we based the old 5.7MM budget on the Maximum difficulty possible, starting in the PODC world, we will be basing the budget on PODC diff which is much lower so we will have more breathing room in 40 days, and also, our 7 min block targets will kick in, giving us more breathing room).
Mike, Im not sure I understand, you said in the general section you would want us to change the governance system? LOL. And I still didnt receive a clear answer: Do you intend to raise 3 payments of 500K each, for a total of 1.55 M to start One sanctuary, or do you intend to ask for payment # 5, 6, 7 to start More than one sanctuary? And finally, I dont understand how other biblepay community members can have a say in future charity expenditures by Sanctuary #1 if they cant vote on a proposal to spend it in the governance system. Would this be done manually, by You, in the forum, basically where User 10, 11 and 12 submits some type of Forum Post to spend the sanctuary money and You manually approve these expenditures (based on said forum posts) without any voting system (such as in client voting for current budget proposals)?
Rob, I will post a reply in the generals section regarding your question on governance.
Yes, I realized I didn't answer your question afterwards but it was for perpetual. We can just do one but it would not be very effective. I would have to put in a proposal every month anyways so it could stop at any moment. It seems most people are just concerned with the sanctuaries aspect of this proposal and we can just remove it. The other goal was to have a small group of people to organize the charity aspect of the project and to create a charity fund which we do not have right now. And if people think having a charity fund is too centralized then well we can not have that also.
Regarding how the funds will be spent, I think we can vote on expenses that need to be voted on and one's that don't. Like when we need more than 10% for charities, we can take that from the charity fund and it won't need to be voted on. We can continue to use the governance system for how funds will be used, you would just have to input 0 as the payment and someone will have to process it manually. If you think that is too centralized then will need to find some way to do it with code.
I also updated the post to limit my personal donation to 3 months.