Hi Zeeps,
Is anyone else a fan of Formula 1? If not, that’s okay; this post is for you, too.
F1 is my jam or at least one of them. I like just about anything that makes my heart beat - that makes me feel. Yeah, the sport is a little elitist. Sue me. It’s fast, dangerous and fun. Verstappen has been a force these last couple of years - untouchable. That is until my boy Lando pulled out his first win last week in Miami.
I spoke with an F1 ad broker once in my early days at the then-Zcash Company. They approached me about putting the Zcash logo on a Ferrari or Mercedes for the truly affordable price of several million. For a logo. Oof. I guess someone’s got to pay for those cars.
Many have been talking about the importance of focusing on the rails, the powerful engine that will propel us all into the world of financial freedom through the private permissionless chain called Zcash. This project is blessed with some of the world’s best engine designers and builders. Bar none.
But if you follow F1, you know that the engine is but one element. Each team is a “Constructor,” pulling together the tightly tuned engine and chassis, deciding which tires to run on and for how long based on things like the track and weather conditions.
The engine is only one, albeit important element. Every little detail matters. Do you see where I’m going? To construct a winner, you have to be able to pull it all together. It’s a beautiful thing to watch in F1. In Zcash, to be real, all the other disciplines are only now starting to catch up. Experts in building awareness and driving adoption are emerging, but primarily, we’re focused on building a more powerful engine, one that is, at best, underused.
But more importantly, we cannot build Zcash to be an F1 car, or worse, just an engine, if we expect it to be a globally useful tool for financial freedom.
F1 cars are built for one thing: to go fast on tight tracks, free of debris, for a few hours at a time. There are only 20 drivers in a race from 10 teams. You must have come up through the sport, strong financial backing, and super fast reflexes to race one of these bad boys. Lots of people watch, but few can drive.
If not an F1 machine, what should we build?
Well, I ask, who are we trying to empower, and what do they need?
If you want to build a car for mechanics, it will only be useful to mechanics.
If you want to build for the wealthy elite, build a Ferrari. A friend of mine bought one. I think it cost as much as his house. He only drove it once a week on smooth roads and spent $15k a year in upkeep. It mostly sat in his garage. High fun, low utility.
What then, a Tesla? A Jeep? I admittedly swap cars more than I swap toothbrushes, and I like a clean toothbrush. I’ve owned 4 Jeeps. They’re amazing in the snow and mountains where I live. They are built for purpose. I currently own a Tesla. Super fun, terrible in the snow with my sporty tires.
Here’s my point. If we want adoption, we must go to where the users are and build for purpose. Who needs financial freedom? Where do they live? What tools do they need? It’s not a one size fits all. We need a good engine, but also an adjustable stack on top. And to know how to do that, we go to where the people are, and then we build for those people. We already know we aren’t building for the wealthy elite. We’re building for the common man around the world, who needs utility, censorship resistance, and security.
Plenty of cars have been built with cool features that designers thought people wanted, but that totally flopped. They were likely all designed by someone sitting in an ivory tower somewhere, totally disconnected from the people they hoped would throw money their way.
Build for no one, and no one will come. Bet everything on a hunch that “someday,” people will come, and chances are that you will sit miserably in your poverty, pissed off at all these “dumb ass people that just don’t get it.”
This is why I applaud @peacemonger’s efforts in her user research with ZURE, and @zancas and the Zingo! team, who are actively engaging with the LATAM community. They are out there, listening, so that we can build for purpose. We need more of this. It’s also what we’re trying to do with Zashi to inform our work on the engine. To build a world-class user experience for ZEC, we need to understand the users we’re building for.
And then, when we are able to really get to know our users, our people, we can build the complete vehicle that delivers them from antiquated and often nefarious financial constraints. Then, we build a new system that truly sets people free. If we do this right, what we build might surprise you.
Because where we’re going, we don’t need roads!
Here’s what ECC has been driving this week:
Zashi / and wallet related
Zashi iOS:
- re-wrote app navigation to fix an iOS 15 issue
- worked on biometric security
- implemented authentication for Send, Delete and Export Private Data
- built a custom Changelog implementation with an editable .json file
- updated About screen UI and built a new Changelog screen
- implemented handling multiple memos and displaying them in the app UI
- implemented a fix for a shielding crash
- Analytics Update:
- Unique Installs: 1.41k
- Total Downloads: 1.6k
Zashi Android:
- implementing authentication requirements
- splash screen added to every app launch
Analytics Update:
- Production Installs: 935
- Total Downloads: 2.02k (incl. Beta)
@nuttycom found a note commitment tree bug that has been difficult to diagnose
A feature flag was added for Sapling so Brave won’t have to import the Sapling crate.
Binance threw us a curveball this week, both in that it started to reject funds coming from shielded addresses and in an RPC requirement. Kris jumped on it and got it implemented.
@str4d spent some time with Zingo! on seed phrase storage
Zcash
Strad further refactored the zcash_primitives Transaction type to introduce a Bundles trait and include Sprout
Work was done in support of ZIP 320.
@daira and Strad spent time on ZSA naming conventions
Daira-Emma and @ebfull also started mapping scaling design goals that use a lot of prior work to increase the block capacity for Orchard proofs.
We agreed to provide a circuit audit for Penumbra and have begun working on that. Daira posted the details here.
We also supported a grant review for another Zcash ecosystem partner.
Other
I met with Jack to discuss our decision to terminate the ECC/ZF trademark agreement and its ramifications. We’ll provide an update as the conversation progresses.
I published an FAQ for a possible path to a new type of dev fund
We began Z|ECC summit planning
We opened up a new role for a Zashi product designer and are actively interviewing some amazing candidates for our Director of Finance and Operations position.
Relatedly, Margaret is “retiring” to focus on creative pursuits. She has been the operational glue holding ECC together since the beginning. She’s a fantastic person, and we’ll miss her.
Janie is back with us full-time and is our new Business Operations Manager! She’s a star, and I hope many of you can meet her!
We also completed our first survey of ZAC members. As of now (one new one was completed today), we have 29 respondents.
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Overall Reaction to ECC’s Zcash Dev Fund Position:
- Strongly disagree: 6.9%
- Neutral: 17.2%
- Agree: 41.4%
- Strongly agree: 34.5%
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Preferred Option for Dev Fund:
- Allow the Dev Fund to expire: 11.5%
- Direct Dev Funds to a decentralized grants pool: 88.5%
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We had a lot of great written thoughts and feedback as well. Thank you all!
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Tatyana wrote a great post on good survey construction, and we’ll follow these recommendations as we move forward!
That’s the scoop for this week, Zeeps.
Got your seatbelt buckled? Good!
Onward.