Alarm bells! 🚨 re ZOMG

I’m going to push back on the narrative being presented here, ie: that ZOMG has somehow not been transparent with what it’s doing or how it’s spending funds.

First of all we have detailed meeting minutes and a public website that not only detail what was spent where, but also detailed discussions about why the decisions were made.

Nobody has asked for a more detailed spreadsheet of what ZOMG is holding until the recent proposal for a ZOMG Dashboard two weeks ago. And even then the goal of the dashboard proposal wasn’t to display an accurate accounting from ZF, it was going to be a estimate of what ZOMG should be holding:

Whereas the solution I suggested was to make the majority of the internal spreadsheet public with actual numbers provided by ZF accounts (ZEC and USD holdings) so users can compare block estimates with actual holdings:

This would provide a third level of transparency that the community can reference in addition to the website and minutes. I still plan on bringing this idea up with ZOMG/ZF this Tuesdays meeting.

Until then every ZEC that ZOMG has granted is open for anyone to see on: https://grants.zfnd.org/

And rationale for the spending can been seen at: Community Grants Updates - Zcash Community Forum

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