100% here too
100% here too
The November Halving/ NU has been known for a very long time, I think a poor precedent would be sent by optioning a 1-year extension. Because then why not extend it another year, when all of the parties building the multi-sig grants system plea to the community that they just need one more year.
Thanks for the further in depth revisions/ updates here Josh. I really like your proposal in concept, but like also mentioned, I feel like its too ambitious in such a short timeline… nothing happens fast in Zcash, and i’ll assert that especially nothing will happen fast with regards to building an ecosystem encompassing grants model, sitting atop whats basically a DAO-like governing structure.
This ecosystem struggles to hit deadlines. Full Stop. And that is largely in the context of assorted teams working in their own silos on technical work. Considering the broader challenge here… we’re assuming both a huge technical design & implementation, with its correlating social/ consensus/ counsel related efforts.
Lastly, and my only questions atm How large of an impact to the existing org roadmaps/ other product deliveries/ other day-to-day responsibilities would the building of your mandated grants system have?
My guess is that the impact would be significant. Creating consensus around what the best grant model would be will take a lot of time and resources. And then comes the actual designing/ engineering/ deployment of it.
Because human resources in the Zcash ecosystem are basically a zero sum equation, we’ve got to assume that people will be pulled away from things like ZcashD deprecation, Zebra, ZSAs, Zashi, lobbying, marketing, legal, et et all.
If the estimate is correct, that the grants model system would take 1 calendar year to complete, then I’d wager that it would in aggregate move back 1 year’s worth of work on other products, research initiatives, and so forth.
What would be the failure scenario? Let’s suppose just like today, after 8 months of back and forth, the ecosystem simply hasn’t come together around an agreed grants model? Some grand projects never break the point of inertia and have to be abandoned Would an additional extension be lobbied for? If the ecosystem puts 8 months into this new project and then decides to walk away, that would be a ton of burnt energy.