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Automatically merged updates to draft EIP(s) 1011

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Hi, I'm a bot! This change was automatically merged because:

 - It only modifies existing draft EIP(s)
 - The PR was approved or written by at least one author of each modified EIP
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Danny Ryan 2018-04-24 11:32:55 +09:00 committed by EIP Automerge Bot
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EIPS/eip-1011.md
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@ -237,7 +237,7 @@ Most other decisions were made to minimize changes across clients. For example,
#### Issuance
A fixed amount of 1M ETH was chosen as `CASPER_BALANCE` to fund the casper contract. This gives the contract enough runway to operate for approximately 2 years (assuming ~10M ETH in validator deposits). Acting similarly to the "difficulty bomb", this "funding crunch" forces the network to hardfork in the relative near future to further fund the contract. This future hardfork is an opportunity to upgrade the contract and transition to full PoS.
The PoW block reward is reduced to 0.6 ETH/block because the security of the chain is greatly shifted from PoW difficulty to PoS finality and because rewards are now issued to both validators and miners.
The PoW block reward is reduced to 0.6 ETH/block because the security of the chain is greatly shifted from PoW difficulty to PoS finality and because rewards are now issued to both validators and miners. See [here](https://gist.github.com/djrtwo/bc864c0d0a275170183803814b207b9a) for further analysis of the effect of PoW block reward reduction in the context of Hybrid Casper FFG.
Below is a table of deposit sizes with associated annual interest rate and approximate time until funding crunch: