i also am bored with it, and based on some other posts, i feel that every post i make here is unwelcome. fine. and some people have left the forum. i have been trying to go back to just lurking but the prehalving jitters have my attention here. and please do not pee on my shoe and tell me its raining. let’s not forget that the founders reward was expected to expire. because the panel does not meet, hold discussions, or do anything in public, and the ECC does not release minutes, we are left to wonder how we ended up with essentially the full subsidy continuing with control by the foundation. doesn’t go to their pockets directly, but having influence over the spending of coins is the same thing as retaining possession (all this is at law is a trust)
i do not want to see zcash turn into a developer mine. i’d rather miners dump the coins and find a natural price floor, than have developers dump them on a schedule pleasing them. but the panel was expanded to a bunch of ethereum just before the vote (through twitter … smh) with people who really had no interaction with zcash prior, but were favorable to the developer mindset and could be influenced by their newly awarded designation, and here we are with a founders reward by a different name. recognizing this, i guess that’s why i ran for the seat to try to support my investment. looking back, i wish i just continued lurking.
but now that i’ve irritated this entire forum, i wouldn’t write this if i didn’t feel like the forum was missing the obvious bait and switch, and not even that covert of a delegation of control over the spending of these funds. the foundation controls the money, because the foundation has created a panel supporting of the foundation goals, and now is encroaching on the MGRC (which wont even stick to the very name or terms of the ZIP once the ZF showed up) this is why i advocated the MGRC be limited to voting on proposals, (democratic check) and not enmesh themselves in a governance process. after all, this is what the ZIP said. this is even what the foundation + ethereum lackeys panel voted on. and the value of my coins depends on not having this portion just made into a slush fund.
i apologize if this comes off as continued complaining, and i guess i’ve had my full say now, and so i will zip it. but because of the design of shadow governance, this is exactly going how i anticipated, and how i warned during the call, and on the forum prior to the vote.
have a nice halving everyone. best to all.