Dragonfly’s Haseeb Qureshi Calls For Zcash Dev Fund To End After 2028

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Dragonfly’s Haseeb Qureshi says Zcash should let its developer fund expire after 2028. The fund currently receives 20% of block rewards. This is a personal recommendation, not a binding governance proposal. https://x.com/haseeb/status/2061123456789012345 A new argument over Zcash funding has started, and this one goes straight to the heart of how the network pays for its own development. Dragonfly General Partner Haseeb Qureshi has argued that Zcash should allow its developer fund to expire after 2028 rather than extending it again. The existing structure directs 20% of Zcash block rewards toward development funding. Qureshi’s view is that the arrangement should end when the current period expires. That has already kicked off a wider debate inside the Zcash community. Who Pays For Protocol Development? This is one of crypto’s oldest governance problems. Decentralized networks need developers. Developers need paying. But once a protocol permanently allocates part of its issuance to development organizations, critics can reasonably ask whether that arrangement eventually becomes ...