ECC Dev Fund Proposal Assessments

Hi all,

It’s amazing to see the diverse Zcash community participating in the conversation about a potential Dev Fund with such zeal. :drum:

Thank you all for participating!

Within ECC we’ve been hard at work to clarify our general position with regard to development funding, and to that end we recently posted the Electric Coin Company Statement on Sustainability. My goal with this post is to highlight the timeline and next steps for how ECC plans to engage with the proposal advocates, which is in the Next Steps section of that post:

August 6th: This week we expect a public statement from the Zcash Foundation, and we urge all proposal advocates to pay close attention to that.

August 16th: Meanwhile, ECC is committed to posting public assessments of all proposals submitted by August 16th.

August 26th: For those proposals which appear on this list of active proposals by the 16th, ECC is committed to publishing an assessment by August 26th.

The ECC will then draft assessments of each PreZip that, where possible, will include how its adoption would impact ECC, and how we believe it would impact the Zcash project.

August 29th: Deadline for Draft ZIPs. The funding proposals we are discussing here do not need to be in ZIP form; this assessment process by ECC is separate from the ZIP process and intended to give everyone an early indication of ECC’s assessment of proposals prior to the ZIP Feature Selection process (through September and October). The dates for ECC’s assessments were chosen to help proposal authors get feedback prior to this ZIP deadline.

The August 16th and 26th events are something ECC is doing to engage with proposal advocates that complements the ZIP process itself. It does not replace that process. Also, I wanted to remind any proposal advocate who’s uncertain or wary of the ZIP process itself to speak up, because I or others in the community are willing to proactively help you through that process.

Regards,
Nathan

Edits 2019-08-05: Removed a partially redundant sentence, leaving the focus of ECC assessments on their impact to ECC and Zcash at large. Also use “assessment” consistently to describe ECC’s goal in this process.

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