I looked into the history of transparent coinholder voting, and it appears the last time it was used was in mid-2021 to gauge sentiment on issues related to NU5 and proposed changes to ZCG (then called ZOMG).
At that time, there was no mechanism to support shielded coinholder voting. Shielded voting functionality wasn’t introduced until last year, when Hanh integrated it into YWallet. Most participants in that 2021 transparent vote used ZecWallet to move their ZEC from the shielded pool to a transparent address in order to participate.
I’ve shared a few resources below. One important thing to note is that transparent voting did not allow users holding ZEC on centralized exchanges to participate , since most CEXs use co-mingled wallets, even though they provide unique deposit addresses. That said, users with self-custodied wallets that only support transparent addresses, such as Guarda, Trust Wallet, and possibly Ledger and Trezor, may still be able to take part in transparent voting. I believe this is the strongest argument for including transparent holdings.
Resources
Blog Post From ECC
Detailed Instructions for How to Participate
There are five main steps to participating in the coin holder poll. This poll will close at height 1410115 around Friday, October 1st at 23:59 UTC.
INSTRUCTIONS
1.Determine your answer: The first step is to format your answer based on the three poll questions listed below. This is the answer you will include in the memo field in step 3. Answers must be submitted in this format in order to be counted.
Make your selections for each of the three questions.
Answer format should be Question Number, Option Letter, optional ‘other’ comment, followed by a semi-colon ‘;’ character. (Spaces are fine.)
Sample Answer: 1A; 2E Let’s make more Zcash Swag; 3Y
This answer indicates that scalability should be the first priority, Zcash Swag should be the second priority and yes, amendments should be made to ZIP 1014.
2. Prepping your T address: You want to prepare the T address you will use to participate in the poll. It is important that you follow these steps carefully so as not to lose funds. Ideally, you want to use a “fresh” T address, aka, a T address with no prior transaction history. This prevents transaction linkability. If you use ZecWallet Lite on desktop, you can create a new T address.
Open ZecWallet Lite on your mobile device. Wait for the wallet to completely sync.
Go to the Receive tab (bottom right corner), and switch to your T address.
Copy your T address.
Go to the Send tab (bottom left corner), and in the To: field, paste your T address. In the ZEC field, put 0.0001 ZEC. Hit send, then hit confirm.
Wait until that transaction has at least two confirmations.
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3.Submitting your answer: ZecWallet Lite automatically empties out your T address every time you make a transaction on mobile. The reason you need to “prep” your T address is to get a small amount in that T address so that when you submit your poll answer, it leaves a record on-chain of your T address and your vote.
Go to the Send tab (bottom left corner), and in the To: field, paste the poll address listed below. You can either copy the full address or scan the QR code.
In the ZEC field, put 0.00001 ZEC. In the memo field include your answer.Hit send, then hit confirm. Do not send more than 0.00001 ZEC. CAUTION: DO NOT SEND MORE THAN THIS TINY AMOUNT TO THE POLL ADDRESS!
Wait until that transaction has at least two confirmations.
Poll address: zs1j54w96sydd fnrh2ehx40lyy 7zej67z496nrq tg39r6jv00ks4 pjyt57xz59kzy 289c2rkdr6rhe
Poll QR:
4. Weighting your T address: Your vote will be weighted according to the balance in your T address at the cut-off height of 1410115 . At this point, your T address should have 0 funds. Fund your T address based on how much you want your vote to be weighted.
Determine how much funds you want to send to your T address.
Go to the Receive tab (bottom right corner), and switch to your T address.
Copy your T address.
Go to the Send tab (bottom left corner), and in the To: field, paste your T address. In the ZEC field, put the amount of ZEC you want your vote weighted by. Hit send, then hit confirm.
5.After the poll concludes at block height 1410115 around Friday, October 1st at 23:59 UTC, send your funds back to your shielded address. With ZecWallet Lite on mobile, follow the process from step 1, but substitute your z-address in place of the t-address.
Note: Remember that in ZecWallet mobile, any time you send a transaction, it empties out your T address. This means that you won’t be able to use your ZecWallet mobile wallet until after the poll concludes at height 1410115 , around October 1st. If you do use your ZecWallet mobile app, you will need to refill your T address with the amount of funds you want your vote weighted by.
Video Instructions
Poll Questions
FINALIZED POLL QUESTIONS
What should be the first priority for Zcash following the activation of NU5?
a. Improve Zcash’s scalability
b. Change in consensus mechanism from proof of work to another, such as proof of stake or a hybrid solution.
c. Programmability on Zcash
d. ZSAs (Zcash shielded assets)
e. Other (please specify)
What should be the second priority for Zcash following the activation of NU5?
a. Improve Zcash’s scalability
b. Change in consensus mechanism from proof of work to another, such as proof of stake or a hybrid solution.
c. Programmability on Zcash
d. ZSAs (Zcash shielded assets)
e. Other (please specify)
Do you support making amendments to ZIP 1014 based on recommendations of current committee members, specifically Chris Burniske’s suggestions?
Poll Results
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