DeFi· ★★★· neutral·

Zcash Dev Fund debate: 20% block reward vs 'encrypted bitcoin'

  • The Dev Fund allocates 20% of the block reward to grants for the Zcash ecosystem
  • Desal, in his essay 'Contra the Zcash Dev Fund,' called the fund bureaucracy and a dependency
  • Paradigm's Huang sees funding through inflation as an elegant mechanism
  • Qureshi proposes electing delegates instead of coin voting
Why it matters: The debate will determine Zcash's funding model and its positioning as 'encrypted bitcoin' amid ZEC's rally to $1,500.
Source: Cryptopolitan