I am a passive and anonymous zcash investor.
The reason why I have just created an account here to write something is because I was alerted by Zooko’s tweets highlighting of the ZOMG situation. This brought me to listen the very interesting Zcash Foundation Community Call 9.1.21…
The call gave me the motivation to participate, but I quickly realized that it couldn’t happen because I would have to disclose my legal identity.
As frustrating as it may feel to the pseudonymous community, this requirement is not only reasonable; it is very sensible. The Zcash Foundation is a legal entity, and ZOMG is under their legal control. The legal world is half the equation we have to deal with if we’re aiming to be as successful as we want to be. If anything I would say that I find it a bit odd to participate to ZOMG as a partially pseudonymous entity, where you disclose your identity to the foundation but not the community.
Now if the legal world is half the equation, clearly the other half is the virtual world, more specifically the private aspect of this virtual world.
One shortcut could be to create some kind of DAO and vote based on token holdings, but while it would cover the privacy aspect, it won’t give a voice to the key members with lower stakes. This method has definitely its place, but I don’t see it as a solution to the aforementioned issue.
To me, the solution would be to use whatever DAO mechanism is best for our use case, where anyone is welcome to join, including truly pseudo-anonymous members.
Now, this solution would have the disadvantage of not being able to receive funds from the Zcash foundation. But most importantly, it would be a way for us to organize. If we can have a voice loud enough to be heard by the Zcash ecosystem, isn’t it what would matter the most? If we suggest the right ideas for the future of the project, I have little doubt that the money will follow one way or another.
I’d give the ZEC equivalent of DAI$500 per month to that DAO and spend 5 hours per week.