It will start by the hash voting, if 2/3 of network hash agrees, the donation plan will be put into effect. (I believe the miners have right to vote on how to spend their output).
For the 5% of the coinbase donated by miners, the miners shall have the option, at their sole discretion, to select a number of donation objects, such as: General Foundation, ABC, BCHD, Electrion Cash.
The donation plan will last for 6 months (as one version is valid for a maximum period of 6 months). I suggest that we stop the fund raising after 6 months, and we may restart it eventually to prevent it becoming a permanent rule.
There are numerous objections now, I am inclined to start the donation plan after that the community reaches a basic agreement. If they fail to achieve it, we could set up the General Foundation first, let’s see its operation effect funding by donation, then we could proceed the hash voting next time.
Good. Miners finally growing some balls