Hey folks, I’ve heard some positive comments about the Zcash community decision process recently:
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“Lots of people are sleeping on the ZcashFoundation ElectricCoinCo DevFund debates. This is the most sophisticated debate/discussion on post-launch dev funding for a blockchain project in history…” — https://twitter.com/lex_node/status/1195718760616865796, plus see also the rest of the attached thread.
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“I couldn’t agree more with this thread The amount of quality discussion that has been taking place is amazing! I’m bullish on the ElectricCoinCo & ZcashFoundation as well as the community to settle on the best decision for the Zcash protocol & the ZEC community as a whole…” — https://twitter.com/decentralistdan/status/1195776252336115712
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“Catching up on mhluongo’s governance proposal for ZCash foundation & dev funding. Outside the circumstance itself, the discussion thread is an excellent case study for anyone that wants to learn more about decentralized protocol governance.”—https://twitter.com/Goltra/status/1196870691259219968
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I personally sat at a table with some of the leaders of multiple other well-funded, prominent crypto projects a few days ago, and I was surprised to learn that they all have substantial structural problems in their governance, such as having a for-profit company and a non-profit foundation, but the boards and management of the two are actually the same people — or mostly the same people — so that the two organizations don’t have real independence. One of them said to me “I’m amazed at how strong the Zcash governance structure is. I’m envious. I so much wish we could have that.” (which story I previously recounted in reddit)
I agree with these people! The Zcash community is awesome. Throughout some extremely difficult circumstances, you’ve demonstrated how to act as a values-oriented, constructive, thoughtful community. I’m super proud to be a part of it.