Is the Zcash Foundation fully committed to Zcash? Why are they retaining $2,000,000 of altcoins?

What you are suggesting is basic virtue signalling to somehow show that they “really care” about Zcash. It won’t work. The overall market and average user will see that it happened, and shrug, because it has no bearing on them. Or worse the smart big investors will see it and dump ZEC because they know putting your eggs all in one basket is a bad idea and risks future development funding.

Wether ZF or ECC hold or sell over the next 6 months will have little market impact. Why? Because the majority of the downward pressure comes from major miners like Antpool that have said they mine ZEC for the sole purpose of selling it for BTC. With 80% of the coins going to people that are selling it then it makes no difference how ECC, ZF, or ZCG spend or hold because they are a tiny part of the market. Again, they would be virtue signalling for little real world gain.

Rather than ECC, ZF, and ZCG playing shell games with whos holding what currency in what format the real goal should be to ensure long term viability to give them time turn things around.

Agree, which is why I’m participating in these forums again.

Josh is saying that they are ditching the “Leave it as is” approach to Zcash development on the ECC side. He has the support of the Bootstrap board to do so, and they are working on a plan to move forward, quickly. This will be in close coordination with the ZF.

My proposal to you @noamchom is this: how about helping by focusing your brainpower on the upcoming Zcash turn around I see coming early next year? Put effort into concrete examples of how Zcash can attract new users and reduce barriers, that’s the real way we can put Zcash back on the map again. More users, more use cases.

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