Dragonfly’s Qureshi Calls for End to Zcash Dev Fund After 2028
8 Articles
8 Articles
Dragonfly’s Qureshi Calls for End to Zcash Dev Fund After 2028
Zcash community members are split over the fate of the final Zcash fund, as governance disputes emerged after the fund surpassed $95 million following ZEC’s rally.
Dragonfly partner proposes to close the Zcash development fund in 2028; reserve sum 63,962 ZEC, about $95 million, says ZecStats
Haseeb Qureshi, managing partner of Dragonfly, argues that Zcash’s development fund will end around November 2028, after completing tasks such as Tachyon, quantum resistance and formal verification. ZEC’s strong increase raised the value of the mechanism above $95 million and revived the debate on governance, incentives and financial dependence.
Dragonfly’s Qureshi urges ending Zcash dev fund after 2028
A debate inside the Zcash ecosystem is intensifying as the protocol’s development fund continues to grow in value. Dragonfly managing partner Haseeb Qureshi has argued that the Zcash developer fund should be wound down after it expires under the current rules in 2028—calling it unnecessary to continue once the remaining work can be covered. According [...]
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