Success: A crystal-clear social contract between the MGRC, ZF and ECC, one that includes standard operating procedures which care to unabashedly invite grant recipients from around the world to accept zcash and make it more useful for its current users.
More success - Network effects: Growing userbase and functional codebase means our anonymity set is exploding
Failure:
- we become a VC incubator seeking to extract value from its grant recipients
- we become a DAO or MGRC governance coin, and only technocrats can understand the attack surface
- we become the Ethereum 2.0 foundation seeking to administer Zcash grants to advance ETH roadmap
- we offer cozy job titles to boost resumes of people who are taking time off to travel
- ECC, ZF members on MGRC (why? they have their own fund and already care enough to contribute). VC can create their own devfund, lol, right?
- Read this snippet from Josh Cincinatti’s exit letter (ex-dir of zf)
Remember that Zcash — and other efforts at private, digital money — are open protocols, not startups. Do not cargo-cult startup-ism into the core of your protocol, and resist attempts by others to do so. A protocol for private, digital money should serve the public good, not the needs of a select few business interests. 2020-07-31-goodbye-to-zf.md · GitHub