(I apologize for the late reply, I haven’t visited the forum in a while).
Thank you for the thoughtful response! There are many things here that I like, especially the plans to expand your team, start a bounty program, and the development of scholarship programs. I have a lot of respect for that.
Also, it would be hard to understate how great it is for me to learn that your work for JP Morgan is open source and IP-restriction-free. Thinking otherwise was really bothering me to the point where my respect for @zooko was taken down a notch. (I was like “just when you think you know a guy!”)
It sounds like you weren’t aware of that […]
That’s correct. All I saw was: @zooko responds to userbase call for an “official” GUI with the sentiment “we are too busy working for JP Morgan to help you. Sorry. Let other people do it.” I was like “whelp, it didn’t take them long to sell out their morals did it?”
From your response (and even more so, from how offended you were by the accusation) I can see that both (a) your leadership’s morals seem to remain intact and (b) that that matters to you. So I think we’re still on the same side.
With that out of the way, here are some criticisms / counterpoints / less agreeable responses:
W.r.t. not making an “official” GUI wallet you said:
Instead our strategy is to collaborate with complementary projects as much as possible.
While I absolutely think that collaborating on wallets is important and praiseworthy, I do not think it should be done in lieu of an official GUI. Indeed, in the very tweet tweet storm that set me off, @zooko pointed out that for a large part of the userbase anything shy of an “official” GUI wallet wouldn’t be suffice.
As a fan of human-centered design, it blows my mind that @zooko heard a reasonable and (to those users) critical request from people representing a potentially massive new user base, and your team says “nah”. The folks at Stanford’s d.school would drop dead where they stand if they heard that.
Hire a UX designer to help if you need to. Those users will trust it if (a) your team wrote the code and (b) you give it the “official” stamp. IMO you are grossly underestimating the value of a an “official” GUI wallet.
We’ve never asked anyone to build something for free, as far as I am aware. I noticed Zooko mention it’s a market opportunity for someone.
Sure. However, it is well known that wallet developers haven’t found a good funding model yet. As it stands, wallet development is essentially done for free (or in some cases through donations, and in an few rare cases through angel investment money).
While you haven’t asked people to make wallets “for free”, that is currently the only way people know how to make them.
Our funding model […]
Let’s just agree to disagree on this one. I think it is a quite clever mechanism that is a positive incentive hack for those receiving the rewards, but it comes at huge cost for a laundry list of other things. But that ship has sailed, and it’s not coming back to shore.
There are two things about Zcash that give me confidence in its success: the technology and the team. You can clone the technology, but you can’t clone the team. A clone of Zcash without the Founder’s Reward won’t be less successful because it doesn’t have the Founder’s Reward. It will be less successful because it doesn’t have your team.
I’ll swallow the “Founder’s Reward Pill” because there doesn’t exist another team on the planet that would inspire similar confidence.
If you are persuaded […] If you are unpersuaded […]
Fair enough. I was stabbing because I was angry and disappointed, and I was angry and disappointed because I (incorrectly) believed that your leadership was having a crisis of character. I apologize for the mischaracterization.
[…] I advocate finding [another] project […]
Not a chance.
This technology, this “blockchain movement”, this particular project (Zcash), and this team, are far too important for me to not speak up when I think it’s heading in the wrong direction.
I’ll make an honest effort to frame my criticisms more constructively when I have them (to my credit: I usually do), but I won’t “find another project” in order to spare anyone from my criticisms.
Let me know how all of this lands
Very well. I appreciate the thoughtful and thorough response! Thank you.