Dev Fund Decision Time

The results are in!

These results are reinforced by the results of the alternative polls of the ZecHub DAO, Zcash Brazil community, and the Zcash Spanish-speaking communities.

We can therefore conclude that the Hybrid Deferred Dev Fund option enjoys majority support across the Zcash community.

Thank you to everyone who participated in this process. While it was messy and controversial at times (and it’s clear that there is plenty of scope for improving the process), we have ended up with a result that bodes well for the future of Zcash. It ensures that the Zcash Community Grants program will continue to receive funding over the coming year, supporting its ongoing mission to fund independent teams entering the Zcash ecosystem, and ensuring that the Zcash ecosystem can continue to become more decentralized.

This result is also an important step in the geographic decentralization of the Zcash ecosystem, as it lays the path for the Zcash Community Grants program to migrate from the Zcash Foundation (which, like Bootstrap and ECC, is domiciled in the United States) to the Financial Privacy Foundation (which is domiciled in the Cayman Islands).

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