Here’s the second episode of Shielded Dialogues, featuring a conversation between me and Zooko about coinholder voting. I originally planned to release episodes every two weeks, but got sick and lost a bit of my voice, which caused some delays. I’m also still in the process of uploading an audio-only version to iTunes and should have that sorted by the time the third episode goes live.
Let me know if you have any feedback or suggestions for topics you’d like to see covered in future episodes.
I would happily help decentralizing the Zcash conversation, and get involved in the creation and/or maintenance and/or funding of another forum where stakeholders could safely exchange without being insulted of being trolls by disrespectful devs that are also promoting censorship.
Some grave moderation mistakes were done in the past but moderation isn’t easy so I’m not here to blame moderators. Having a place where things are moderated differently and by different people, would be beneficial.
Can we discuss the possible ways that ZEC holders could make their stake visible? I’ve done it on this forum in the most basic way, yet it has enabled everyone to see not just my stake, but for how long I have held it (it’s actually way longer but I can’t prove that), hopefully there’s a way to do this with shielded ZECs as well.
@zooko mentioned some thoughts on how those with more money have more opportunity cost than those who are poor, i’d like to push back on that and suggest those who are poor might have less risk with investment opportunies ( like staking income ) but they do risk the little capitlal they have. If they hold this long term, they are just as important and their voice is limited in pure coin voting. I’m not sure “those with more to lose” is a valid argument precisely because they have “so much of it”, it might not matter to them. That is, they will always have enough to bounce back, and I’m not sure that is always the case with someone who has less. Like you said, it takes money to make money as those who are poor have very little of it.
What actual, proper, model are you defending? Because we need a model to build on. The uncertainty of not knowing where Zcash is heading is one of the major reasons Zcash isn’t taking off.
I’m not sure why you insist on using “models”. Think outside the model.
What does proper even mean in this context? I’m sharing my perspecive.
I suppose that is the risk, folks who believe we are headed in the right direction will support the project, others may choose to leave. No need to complicate this.
We’re talking economic and governance models. If you don’t want to go for Capitalism, I expect you to suggest something proven. It’s easy to criticize Capitalism, anyone can do that, but it’s not helping anything.
This is where you should start, I don’t owe you anything. Zcash isn’t controlled by doze. I am simply expressing myself, and you love to minimize both my contributions and thoughts. I thank you for that.
I agree completely. Coinholder voting is a tool to measure the opinion of a subset of the community but should not be the only measure. Having disposable income should not be the only qualification to be a decision-maker.
I can’t help but to think of the Zcash Español and Brazil communities, an incredibly dedicated group of people that are working constantly to grow Zcash adoption, that probably can be eclipsed by a single whale in a coin-vote.
I liked the Zbloc proposal but after reading the ZIP I found it a bit too bureaucratic and rigid.
I find the Community and Coin voting to be a better compromise, allowing to experiment with coin voting while still having a back up funding if things go haywire for some reasons.
I will just reiterate that there are plenty of people that I consider crucial parts of the Zcash community because they have put years of sweat equity into the project, and their voices need to be heard. Coin voting would drown them out.
I appreciate Jason’s and Zooko’s constructive approach to the discussion.
It means the community of people supporting Zcash in various ways is one of the most beautiful part of the project. Does that give them a right to control the inflation? No.
I agree with Zooko in the video when he says Bitcoin was exciting like 10 years ago.
No offense but lately I have observed that the most enthusiastic people about BTC are literally boomers. It really screams late majority.
You get some interesting results if you ask Grok: Does Bitcoin have coin weighted on-chain voting? Have there been any efforts in this regard in the past? Why is Zcash better suited for coinholder voting?