# Town Hall - Dev Fund | 01/08 - 17 UTC

**URL:** <https://forum.zcashcommunity.com/t/town-hall-dev-fund-01-08-17-utc/48438>\
**Category:** General\
**Created:** [July 30, 2024, 7:20pm UTC](https://forum.zcashcommunity.com/t/town-hall-dev-fund-01-08-17-utc/48438 "2024-07-30T19:20:14Z")\
**Posts on this page:** 6\
**Page:** 1

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**Author:** ![vito](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/vito/32/43642_2.png) [@vito](https://forum.zcashcommunity.com/u/vito)\
**Post date:** [July 30, 2024, 7:20pm UTC](https://forum.zcashcommunity.com/t/town-hall-dev-fund-01-08-17-utc/48438/1 "2024-07-30T19:20:14Z")

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Hi, everyone!

On Thursday (01), at 17 UTC, @decentralistdan & @peacemonger will be hosting a spaces on X/Twitter with the guests @aquietinvestor & @nuttycom to talk about the new funding model & NU6.

If you have any questions or any topic that you want to bring up to the conversation, drop it in this thread! 👇

Town Hall Recording → [Town Hall Dev Fund and NU6 - (EN)](https://odysee.com/@zcashbrasil:a/Town-Hall-Dev-Fund-and-NU6:6) (You can download from Odysee)

Cheers! 🙂

 ![TownHallDevFund2222](https://global.discourse-cdn.com/zcash/original/3X/2/a/2a56f8bc7f969feaca457dd82d72c6339161800b.jpeg)

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**Author:** ![adjychris](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/adjychris/32/13562_2.png) [@adjychris](https://forum.zcashcommunity.com/u/adjychris)\
**Post date:** [July 30, 2024, 7:38pm UTC](https://forum.zcashcommunity.com/t/town-hall-dev-fund-01-08-17-utc/48438/2 "2024-07-30T19:38:10Z")

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Here’s the link to the Spaces event. [x.com](https://x.com/i/spaces/1BdxYEBXZboxX/peek)

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**Author:** ![noamchom](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/noamchom/32/20269_2.png) [@noamchom](https://forum.zcashcommunity.com/u/noamchom)\
**Post date:** [July 30, 2024, 8:32pm UTC](https://forum.zcashcommunity.com/t/town-hall-dev-fund-01-08-17-utc/48438/3 "2024-07-30T20:32:46Z")

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Can you please ask about the risk of the Lockbox being _underfunded_ which could negatively impact the need for the creation of the NDFM for disbursement.

If the 12% lockbox/ 8% ZCG Hybrid proposal is determined as the path forward, after 1 year the lockbox would only have about $2,000,000 if ZEC holds on around $30. That isn’t a ton of money for the entire ecosystem.

* * *

> [@Important: Deadline for ZIPs (likely Dev Fund related) that want to be activated next halvening](https://forum.zcashcommunity.com/t/important-deadline-for-zips-likely-dev-fund-related-that-want-to-be-activated-next-halvening/48004/33):
>
> _general question_  
> Under a lockbox/ NDFM solution, what frequency will we anticipate individuals to be making work proposals?

I can ask this in a different way, How frequently do we expect the lockbox signers to be collectively reviewing/ signing grant requests?

* * *

Would there be a possibility of doing support-proportional disbursements?  
_a crude example_  
A grant request is for $200,000 for a 6 months project. The 10 signer NDFM results in 7 supporting and 3 not supporting.  
Could the lockbox then disburse $140,000 rather than the full $200,000?

* * *

Should another Dev Fund debate happen next year?

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**Author:** ![Shawn](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/shawn/32/187_2.png) [@Shawn](https://forum.zcashcommunity.com/u/Shawn)\
**Post date:** [July 31, 2024, 2:16am UTC](https://forum.zcashcommunity.com/t/town-hall-dev-fund-01-08-17-utc/48438/4 "2024-07-31T02:16:07Z")

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Now that the Dev Fund discussion is coming to a resolution we should think about the other big topics for NU6+ like PoS/PoW and how that will work.

PoS is an opportunity for new coinholder voting mechanisms to be implemented and a move to PoW/PoS before full PoS is also an opportunity for an [algorithm change](https://forum.zcashcommunity.com/t/bring-back-gpu-miners/46407).

I would like to advocate for both to be seriously considered as we move forward into late 2024 and beyond.

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**Author:** ![Shawn](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/shawn/32/187_2.png) [@Shawn](https://forum.zcashcommunity.com/u/Shawn)\
**Post date:** [August 2, 2024, 8:45pm UTC](https://forum.zcashcommunity.com/t/town-hall-dev-fund-01-08-17-utc/48438/5 "2024-08-02T20:45:13Z")

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Townhall recording:

> <https://x.com/zcash/status/1819055027811766703>

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**Author:** ![robmarn](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/robmarn/32/36040_2.png) [@robmarn](https://forum.zcashcommunity.com/u/robmarn)\
**Post date:** [August 4, 2024, 12:40am UTC](https://forum.zcashcommunity.com/t/town-hall-dev-fund-01-08-17-utc/48438/6 "2024-08-04T00:40:16Z")

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During all the days of next week

> <https://x.com/zkradioz/status/1819134774553821373>
