Dev Fund 2024: Community Poll & Discussion Megathread

Based on all of our historical information there is no possible way for your 10 item list to be delivered in 4 years.

Funding is not the blocker to creating deliverables in this ecosystem, it is primarily an issue of productivity against technical and social challenges. If funding were the blocker for productive crypto building then you would be explicitly arguing against the material success of Bitcoin, Litecoin, Dogecoin, Monero, Ethereum Classic, and countless other successful projects that have built better and created greater adoption than Zcash on notably less funding.

The main Zcash ecosystem teams have spent about $1,000,000 combined avg per month for the past 3-4 years and the results (poor) speak for themselves; the issue here is not a lack of funding. Attempting to introduce parallel deliverable workflows would only strain productivity worse at my estimation. The deliverables teams have all struggled on single focus deliveries in the past few years with the case studies being: Halo to mainnet, the recent wallet sync/ fee mechanism mitigation, ZF zebrad enhancements, and Zcash Media content suite v1.

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Why not?

  1. A Suite of Native Apps - Steps for ZCG.
    (1) Contract out work for wireframe designs.
    (2) Continue to pressure ECC for better native APIs required for these applications to exist. Work already underway but we can do better by communicating developer requirements.
    (3) Contract out the implementation of app. Short milestones. Contract risks cancellation and on failed delivery.

  2. Financial Instruments - Already started.

  1. Research and Feasibility Work -
    ECC should prioritise this -Shielded transaction aggregates · Issue #4946 · zcash/zcash · GitHub
    ZCG should prioritise this - https://twitter.com/adlrocha/status/1612757573400158209?t=CBFQr4f0YI7OIGpBV4tWaQ&s=19

  2. Pay for Verification Key - ECC should prioritise this
    Pay-to-verification-key payments · Issue #2425 · zcash/zcash · GitHub

  3. Proof Of Stake - ECC has already started down this path.

  4. Browser Extensions - As said in (1). ZCG should hire someone to wireframe the whole thing and contract out the work.

  5. Media/Education - Zcash Media has already begun.

  6. Zcash Prosperity Fund - Shielded Labs hopefully can work on this.

  7. Claims and Attestations - ZCG need to get in contact with the ZKPass team. The Baseline Show: w/ zkPass part 1 - YouTube

  8. Improved Regulatory Clarity - ECC working on this.

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To clarify, I am not equating FROST with SSS. Rather, I am stating that understanding SSS would inherently enable one to comprehend FROST, considering that both techniques are fundamentally rooted in the principle of Lagrangian polynomials. In essence, these concepts are based on relatively straightforward mathematics.

Perhaps there is a misunderstanding regarding my perspective. I certainly do not advocate for the ZF to engage in legal action. Instead, I am expressing concerns regarding the duration it takes for the ZF to develop a functioning library, particularly when others have already put forward their own.

The behavior of the ZF might give the impression of intentionally withholding a technological advancement, potentially due to apprehensions about being perceived as having no other important tasks to perform.

@GGuy
I think it would be prudent to concentrate our efforts on resolving the present concerns before embarking on highly aspirational initiatives that may not come to fruition. As the adage goes, “One must learn to crawl before attempting to run.”
At this point, I would personally be satisfied by the successful realization of even one of these initiatives.

However, I do not believe them to be essential to the success of Zcash.

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The library has been functionally ready for months. The reason it’s not being advertised as so is that is hasn’t been audited yet (the audit will start soon) and that the RFC has not been published yet (it takes time due to CFRG bureaucracy that is outside ZF control).

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Dev Fund 2024: Town Hall Meeting on Twitter Spaces

@David_Heisenberg and I are hosting a Twitter Spaces event Thursday, June 1 at 12:00pm PDT / 3:00pm EDT / 19:00 UTC to discuss Dev Fund 2024. Twitter link will be provided early next week. We will plan on recording the event for those who are unable to attend live. Community members are welcome to join to listen in, ask questions, and contribute thoughts and ideas.

Speakers
Co-Host: @aquietinvestor
Co-Host: @david_heisenberg
Moderator: @decentralistdan
ECC: @joshs
ZF: @dodger
ZCG: @brunchtime
Community member (support): @earthrise
Community member (oppose): @noamchom

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I really like this way of envisaging the activities and flow of funds in the Zcash ecosystem. Here’s my iteration:

PS: Here’s the original Google Drawing for anyone to copy and adapt

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I think you mean 19:00 UTC?

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Good catch, thanks. I have updated the time to reflect 19:00 UTC.

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(Epoch timestamp = 1685646000)

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Block 2106738

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stardate 101013.23

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Social scalability is an important concept to keep in mind in regards to the dev fund and proof of stake debate.

Interesting thoughts in this piece. I will hold off my personal opinions for now but thinking critically as a community, do any of these ideas apply to Zcash’s future? :student:

Found this old article with some more insights: