I’m Frank Braun and I’m nominating myself for ZCG.
For a free society, the ability to communicate and transact privately is essential. Zcash is the best shot we have at achieving financial privacy in our lifetime.
In the role as a ZCG committee member I would like to help make sure new grant applications with a high likelihood of success that help to achieve that mission get funded and the ones that have a low likelihood of success or are just bull market “loot the treasury” projects get rejected — making sure the treasury is also well stocked in the coming bear market. This will help ZCG to function well long-term and continuously support important community projects.
Since I’m pretty new to the Zcash community I don’t know the full historical context, but my understanding is that the current model (ZCG + coinholder-directed retroactive grants) is the result of a long process of trying to find consensus and probably also the result of many things that went wrong.
Grant by committee (ZCG) and coinholder voting both have their own problems, so a hybrid approach does seem to make sense to me.
However, if I could I would like to experiment with new approaches like a futarchy, similar to the one implemented by MetaDAO, because it seems to be pretty promising for delivering better allocation results. But that would require me to first get an “inside view” of ZCG before I can form a good opinion on it. I think I have a good idea of the coinholder-directed voting now after participating in it both as a voter and by running a voting authority.
Areas in which I would especially like to fund projects:
- coinholder-directed voting / governance improvements
- organic community/user growth
- usability, including better software wallets and hardware wallet support
- transport layer anonymization
I have a Ph.D. in computer science, over 20 years of software development and IT security experience (including management roles). I have been active in crypto since the early Bitcoin days when I became a cypherpunk and got fascinated by the idea of anonymous digital cash. I’m a co-author of the Scrit whitepaper that inspired Fedimint (federated e-cash for Bitcoin). Since I rediscovered Zcash about 5 months ago I became fully Zcash-pilled and have been shilling it on X, my blog, and to everybody who would listen ever since.
My background gives me both the technical skills and the necessary value system for the role, being able to properly assess technical feasibility, grantee skills, and potential impact of grant applications.
Alignment of interest declaration: I hold the majority of my net worth in ZEC. My primary monetary interest in this committee position is the long-term ZEC token price and not the compensation per se. My main motivation is the mission of unstoppable private money.
Thank you for your consideration! If you have any questions about me or my grant evaluation approach, please ask.
Some popular writings of mine on Zcash:
- Why I changed my mind on t-addresses in Zcash
- My Zcash investment thesis
- Privacy needs to be baked into L1
I also recently gave a talk at DARK PRAGUE on Zcash 2.0 — misconceptions about unstoppable private money: