Thanks, MCRed. Yeah, I worked long and hard on this, and this (https://z.cash/blog/funding.html) is the best idea I could come up with. And yeah — if anyone else reading this has any better ideas, I would love to see you try it! If it helps, you could start with a copy of our source code (https://github.com/Electric-Coin-Company/zcash/).
I would love to see your source code get audited by a third party. I have a lot of faith in your cryptographers, but your methods are harder to grasp than bitcoin and thus harder for me to audit myself-- I admit, I don't have the crypto skills.