Placeholder Considerations: Resources, Governance, and Legitimacy in NU4

[mistfpga]

Hi,

Sorry for the double post. but the edit got too long and it seemed better to make a new post.

@cburniske

In my last post, I didn’t mean my initial statement to come off as flippant. I had read your proposals and ideas in depth, and I like them and what you bring to the table. I just don’t feel I can comment on them and add value, I just don’t understand it enough. which is why it is good that we have people that do. hopefully my last post explained my simplistic stance.

My main reason for posting this new message was to ask

• do your plans for governance include what will be in NU4 - or are they for NU5 - because funding needs to be worked out for NU4 and that deadline is in 6 weeks.

Given that timeframe, and experience, what would you think would be the best course of action? My best attempt is over here.

Please read zookos responses at the end of the thread, they brought whole new insight onto this issue for me.

Emergency extention to a select part to NU4 inclusions RE dev fund

Hi, @moderators, @zooko, @nathan-at-least Please may we have an extension on what gets included into NU4 regarding the development fund. It is clear that across the community there is broad consensus that zcash will need continual funding. How and where this funding comes from and where it goes to is still a talking point. When Shawn first raised this thread (about 7 months ago) Zooko stated that he felt it a conflict of interest for the ECC to get involved with the discussion of continual f…

I would really like your feedback or input. Or anyone’s for that matter. Governance will be important. I just don’t want to have to vote, especially on the future outcome of a private company. So I really hope those who know about this stuff can work something out. Please check out that thread.

Hopefully you will see I am not anti funding ECC I am anti breaking core values. I think my stance is pretty much the same as the foundations. I believe both can be achieved without the need for voting. Mainly through a true opt-in protocol level adjustment. Greatly simplifying the issue for downstream and users. (primarily because of my limited understanding governance). But we now have greater community engagement again, after the topic going a bit stale for a week or so and people might get reinvigorated in funding ideas.

@cburniske

there is no reason in attempting to be bitcoin. imo bitcoin has already won as the reserve asset of crypto, and its strategy cannot be replicated, because its strategy involved birthing the entire crypto space

I have been thinking about this, and yes I agree to an extent. bitcoin is the coin to hold. However I believe that strategy could be replicated, in the sense of distribution of coins. One thing bitcoin did was get lots of coins out to lots of people quickly. If you can keep ASICS off your network for 2 halving’s then I think you will be safe as a legitimate assets store of value, or whatever the right word is. but this is just speculation and probably out of scope. Get it in as many hands as possible and you are in the right place.