Dragonfly’s Qureshi calls for end to Zcash dev fund after 2028

Dragonfly’s Qureshi calls for end to Zcash dev fund after 2028

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Crypto-focused venture capital firm Dragonfly’s managing partner, Haseeb Qureshi, proposed winding down the Zcash developer fund after it expires under current rules in 2028.

“I’m of the opinion that this should be the final Dev Fund,” wrote Qureshi in a Friday X post, arguing that the fund is large enough to fund remaining work on Zcash and that it risks being “politicized” as it approaches $100 million in value.

The Zcash development fund held 63,962 Zcash (ZEC) tokens at press time, worth about $95 million, according to ZecStats.

The remarks follow a broader industry debate that stemmed from the fund’s increasing value, following the ZEC token’s rally.

Others argued that Zcash should maintain its development fund.

Paradigm founder Matt Huang argued in a Wednesday X post that the fund is particularly important “in this age of AI cyber capabilities” and rapid quantum progress.  The ZEC development fund is a protocol development fund that accrues 0.1875 ZEC tokens per block, representing 12% of the block subsidy under the NU6 upgrade.

Its balance sits outside circulation until governance disbursement.

Related: Zcash holders back 25-second blocks, vote to keep ZEC halving schedule Industry watchers are also debating who should control the development fund.

Dragonfly’s Haseeb said that the fund’s control shouldn’t move toward “pure token holder voting,” but showed support for a partial model, under which token holders would elect temporary councils.

Huang agreed with this view, adding that pure token holder governance may introduce “unpredictability that could limit long-term trust as a monetary asset” and proposed a hybrid model combining additional forms of governance.  Maxime Desalle, investment analyst at Winklevoss Capital, suggested that the Zcash community “completely get rid” of the development fund, which would solve all the governance disputes surrounding it, writing in a Thursday X post.  In a previous post on Sept.

Analiz: Piyasa hareketliliği devam ediyor.