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src/introduction/status-and-next-steps.md

@@ -6,44 +6,44 @@ This is an early and incomplete protocol design proposal. It has not been well v
 
 ### This Book
 
-This book is intended to become both a high level overview and introduction to [TFL](../terminology.md#definition-tfl) as well as a full specification.
+This book is intended to become both a high-level overview and introduction to [TFL](../terminology.md#definition-tfl), and a full specification.
 
 ### Crosslink
 
-The current heart of the design work is an in-progress hybrid consensus protocol construction called [Crosslink](../terminology.md#definition-crosslink). This is an in-development implementation of the [TFL](../terminology.md#definition-tfl) design goals. The essential design details are specified, along with a security argument of its [liveness](../terminology.md#definition-liveness). The security argument for its [safety](../terminology.md#definition-liveness) is in progress.
+The current heart of the design work is an in-progress hybrid consensus protocol construction called [Crosslink](../terminology.md#definition-crosslink). This is an in-development realization of the [TFL](../terminology.md#definition-tfl) design goals. The essential design details are specified, along with a security argument for its [liveness](../terminology.md#definition-liveness). The security argument for its [safety](../terminology.md#definition-liveness) is in progress.
 
 The draft specification and security arguments of Crosslink currently live on [this hackmd](https://hackmd.io/JqENg--qSmyqRt_RqY7Whw?view).
 
 ### `simtfl`
 
-We've begun creating a simulator called [`simtfl`](../terminology.md#definition-tfl) which we will use to model security and abstract performance concerns. Its development is tracked at <https://github.com/zcash/simtfl>.
+We've begun creating a simulator called [`simtfl`](../terminology.md#definition-simtfl) which we will use to model security and abstract performance concerns. Its development is tracked at <https://github.com/zcash/simtfl>.
 
 ## Major Missing Components
 
 - PoS subprotocol selection,
 - Issuance and supply mechanics, such as how much ZEC stakers may earn,
 - Integrated Zcash transaction semantics,
 - A transition plan from current Zcash mainnet to this protocol design,
-- [ZIP](../terminology.md#definition-tfl)s specifying the above to the level of specificity required by ZIPs,
+- [ZIP](../terminology.md#definition-zip)s specifying the above to the level of specificity required by ZIPs,
 - Security and safety analyses,
-- Economic analyses
+- Economic analyses.
 
-This list may be incomplete and as the design matures the need for major new components may be revealed.
+This list may be incomplete, and as the design matures the need for major new components may be revealed.
 
 ## Next Steps
 
-This design proposal is being developed by [ElecticCoin Co](https://electriccoin.co/) as the first major milestone in our focus of deploying Proof-of-Stake to the Zcash protocol. Our rough near term plan for this proposal is as follows:
+This design proposal is being developed by [Electric Coin Company](https://electriccoin.co/) as the first major milestone in our focus of deploying Proof-of-Stake to the Zcash protocol. Our rough near-term plan for this proposal is as follows:
 
-1. Complete [Crosslink](../terminology.md#definition-crosslink) protocol specification.
+1. Complete the [Crosslink](../terminology.md#definition-crosslink) description.
 2. Complete core security arguments for [Crosslink](../terminology.md#definition-crosslink).
 3. Define the [Major Missing Components](#major-missing-components) above, including considerations such as issuance mechanics and Proof-of-Stake mechanisms.
 4. Complete auxillary security arguments and analyses, such as specific attack scenarios, game-theoretic security, and so forth.
-5. Mature [`simtfl`](../terminology.md#definition-tfl) to analyze all cases of interest.
-6. Follow the general Zcash process for proposal/review/refinement, including proposing  or more [ZIP](../terminology.md#definition-tfl)s.
-7. Follow the general Zcash governance process for proposal acceptance.
+5. Mature [`simtfl`](../terminology.md#definition-simtfl) to analyze all cases of interest.
+6. Follow the general Zcash process for proposal/review/refinement, including proposing one or more [ZIP](../terminology.md#definition-zip)s.
+7. Follow the general Zcash governance process for proposal review and refinement.
 8. If accepted, productionize the proposal in ECC products and collaborate with other implementors who implement the proposal.
-9. Celebrate when the proposal is activated on Mainnet. 🎉
+9. Celebrate when and if the proposal is activated on Mainnet. 🎉
 
 The fine-grained day-to-day goals and tasks for this project are present in [the Zcash Developers Hub](https://zcash.github.io/developers) in the [TFL-focused DAG](https://zcash.github.io/developers/zcash-tfl-dag).
 
-Please also see [Getting Involved](./getting-involved.md) if you are interested in tracking this progress more closely or contributing.
+Please also see [Getting Involved](./getting-involved.md) if you are interested in tracking this progress more closely, or in contributing.