I’m going to start a new thread here to focus questions/thoughts about the future of Zcash.
Zcash is in a unique situation that has many questions that need to be answered in the next two years before the Founders Reward ends. This includes the question of what happens when the Founders Reward runs out, (ie: is there an extension/new fund?) but doesn’t stop there.
I step into my time machine
Now I’m in October of the year 2020. The halving has just happened reducing the block reward to 6.25 ZEC per block.
The Zcash Company is still around, did we decide to fund an extension to keep it going? If not how long till funds run out and everyone is laid off? What happens to the wish list of cool new technology that we still want in Zcash? Like say, Coda protocols succinct Blockchain tech, or StarkWares trustless setup STARKs? Have T-addresses been completely depreciated yet? Will the core Zcash Developers stick around or move on to other things, or get a nice $$ offer to move to another coin/project? Is this the final version of Zcash? Is it everything we ever wanted?
Then there is still the Elephant in the room of who controls the keys to the K̶i̶n̶g̶d̶o̶m̶ main GitHub Repo? Who gets pull request and merge/tagging authority? The Foundation should definitely be there, has this been handed over? Does the Foundation now have enough staff/developers to “run” Zcash? Perhaps Zcash core developers moved to the Foundation? How long will the Foundations reserve last? Are there enough volunteer developers to pick up the torch if the Zcash Foundation and Zcash Company disappeared?
The clock is ticking because in 16 weeks all Nodes will go into auto-sensense (shutdown) without an updated version. Or else everyone (including exchanges/pools/explorers/nodes) wi̶l̶l̶ ̶h̶a̶v̶e̶ ̶t̶o̶ ̶r̶e̶m̶e̶m̶b̶e̶r̶_̶ ̶t̶o̶ ̶a̶d̶d̶ ̶-̶d̶i̶s̶a̶b̶l̶e̶d̶e̶p̶r̶e̶c̶i̶a̶t̶i̶o̶n̶ ̶i̶n̶ ̶t̶h̶i̶e̶r̶ ̶c̶o̶n̶f̶i̶g̶u̶r̶a̶t̶i̶o̶n̶ ̶f̶i̶l̶e̶ ̶t̶o̶ ̶k̶e̶e̶p̶ ̶t̶h̶e̶ ̶n̶e̶t̶w̶o̶r̶k̶ ̶a̶l̶i̶v̶e̶.̶ EDIT: as @str4d points out this is old information, disabledepreciation is no longer available, so the network would completely shut down.
And then there is the slight issue of the Zcash Trademark. Whoever controls the Trademark gets to call thier version “ZCASH” and keep the ZEC ticker symbol on exchanges, everyone else is out of luck. Is this now in the hands of the Zcash Foundation or some sort of mutual agreement between the Company/Foundation?
Back to the present
Ok, my time machine example is a bit cheesy I’ll admit. But I think it’s critically important that we start talking about these things now while we have time to work together to come up with a plan.
[ Disclaimer: I’m speaking from my own personal thoughts and my opinions here don’t necessarily reflect those of the Zcash Foundation or Zcash Company ]