igneum-network/igneum
1
0
Fork 0
Code Issues Pull requests Releases Activity

Ledger decisions: the project lead approves the emission schedule, the signing bonus, the ladder, the cryptanalysis engagement and the testnet genesis re-cut (7 October 2026, 09:3x UK)

Browse source 
Co-Authored-By: Claude Fable 5.1 <noreply@anthropic.com>
This commit is contained in:
igneum-labs 2026-10-07 07:36:12 +00:00
parent 5f3cf6776e
commit 8bd566e3eb
1 changed files with 10 additions and 0 deletions
Show stats Download patch file Download diff file Expand all files Collapse all files

10
docs/plans/ledger-decisions.md
View file

@ -102,3 +102,13 @@ Still owed from the project lead after the close: the cryptanalysis spend (fundi
| 7 | Testnet date | Leave open | No month anywhere; the go checklist is the date. |
Standing rulings of the same hour: "We dont want to penalise holders" (dormant-coin rent and anything that takes from a balance or taxes inactivity is refused for ever); vote-or-burn is implemented only if 95 percent or more of the mining community would respect it (the weigh-up lane decides between the burn and the signing bonus).
## Decisions (7 October 2026, 09:3x UK), the project lead's approvals
| # | Decision | the project lead's word | What it sets |
|---|---|---|---|
| 1 | Emission schedule | Approved | The testnet genesis carries `EmissionSchedule::TESTNET_1`: 100 IGN a block at 1 bps, a monthly glide with a two-year half-life, a 90-day ramp from 10 percent, a tail of 1 percent of supply a year from the month the glide first pays under it (about year 11.4). No hard cap; the public sentence is the one in docs/analysis/tail-emission.md. Ledger E22 moves to Decided. The devnet keeps `CURRENT`. |
| 2 | Signing bonus at the testnet genesis, no burn | Approved | `signing_bonus_activation_daa` = 0 and `signing_bonus_bps` = 1,000 in the testnet genesis; the unsigned tenth to the proving pool; the vote-or-burn code leaves the tree before the testnet code is public. |
| 3 | The latency ladder | Approved | The six rungs (27, 35, 53, 88, 173, 267 passes), rungs 0 to 2 admissible, rung 3 re-measured on a quiet core before genesis, 4 and 5 inadmissible until verifiers allow; every step by 90 percent in each of seven windows, never unconditional; `latency_ladder_activation_daa` = 0 on the testnet at rung 0. |
| 4 | Cryptanalysis | Approved, "make sure they find ZERO flaws, also cut costs if possible" | The engagement runs at the low point (about USD 80,000) unless a quote forces more; an internal attack pass precedes it so the firms find nothing new; every finding is fixed before the testnet go. The contracting entity and the prize are still the project lead's to confirm. |
| 5 | Re-cut the testnet genesis | Approved | One cut with 18 decimals, `TESTNET_1`, and the switches on from genesis: proof verification, the leave item, the signing bonus, finality v3, the ladder at rung 0. Nothing live is touched; the go checklist decides the date. |