Yes, we do. But critically the Foundation is not seeking unilateral power over Zcash. As I wrote in the conclusion to last year’s State of the Foundation:
Looking beyond the Foundation, I think it’s critical to reflect on where power — and expertise — sits in the Zcash ecosystem today. As I’ve said above, the central issue that faces our community today is centralization of power in the Company. But it’s a necessary centralization… for now. The Company employs many of the world’s top experts in zero-knowledge systems, and their contributions are critical to the development of the protocol.
If the Company were to disappear today, that would be a tragedy for the ecosystem. It would set us back by years if not decades. And that’s a fundamental problem for a protocol that’s meant to be robust as currency, that’s meant to protect privacy and adapt to the unforeseen privacy challenges of tomorrow. For the Foundation — and the ecosystem at large — it’s imperative that we encourage Company contributions to Zcash while paradoxically (and amicably) reducing their burden as stewards of the protocol.
Or as I wrote in June in Zcash Governance: A Step Toward Decentralization:
In my report on the Foundation’s 2018 progress and 2019 plans, I explained why and how the Zcash Foundation must counterbalance the Electric Coin Company’s power over the Zcash ecosystem. My concern is not that the Electric Coin Company does subvert Zcash to serve its own interests; my concern is that the ECC would be able to do so.
Unilateral power in either the ZF or the ECC would be a terrible outcome, and I for one think the project would suffer greatly if either group managed to exert undue influence on Zcash in the long term.
[takes Foundation hat off, puts personal Zcash community member hat on]
The ECC has made it clear that they would not accept funding if it included a cap. After a lot of thought and consideration, I’m personally voting against the cap because I very much want them to continue to be involved in this project.
Honestly though, this was a hard decision for me to make; it doesn’t change my opinion that the ECC’s official explanation leaves much to be desired. (the personal, unofficial ones on the other hand — that the ECC prefers having flexibility to spend more than the cap without having to go through a potentially onerous ZF, ECC, CAP process to up their limit — make much more sense to me)
When presented with a choice between Zcash with the ECC’s involvement with or without the ECC…well, I still think it would be a tragedy if the ECC walked away from the project, even if they do so for reasons that are still not rigorously explained officially.
[puts Foundation hat back on]
Regardless of my personal opinion, the Foundation will honor the results from our final Helios poll: