Moving beyond coinholder governance: what Cosmos can learn from Zcash (and vice-versa)
thanks to Udit and Zooko for reading drafts of this We need whole polities to emerge. To self govern and to do so using new mechanisms that go well beyond shareholder value, corporate boards, and mere stake voting. Peter Valkenburgh better staking/governance systems with better representation beyond just linear coin holder power is one of the most urgent issues confronting PoS Ethan Buchman • Two things Cosmos can learn from Zcash • 1. The governance design space is much richer than just coinholder voting • 2. A defining value of crypto is the right to exit • Two things Zcash can learn from Cosmos • 1. Coinholders, as a constituency, need to feel heard and valued • 2. Resiliency means having many independent organisations funded, aligned, and committed to supporting a protocol • Appendix A: Zcash governance deep-dive • ZCAP: the community advisory panel • Grants committee • The three questions of governance • What should we do? • Who gets to decide? • How are the deciders chosen and kept accountable? • Summary • Appendix B: Zcash governance – three recommendations • 1. Move towards loosely-coupled (advisory) coin…
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A few quick thoughts, in no particular order: • The Glue Despite the sometimes well-publicized conflicts between the ECC and the ZF, the strong glue that holds everything together even when in the face of arctic-level stalemates is a strong desire on the part of each builder to serve the mission of freedom and privacy. This is something that has held Zcash trucking along through the ups and many downs - because the individuals know what they are fighting for. Is there such a glue in the Cosmos community? I don’t know; I am relatively new to sticking my head into Cosmos. It would be good to try and find that point of coalescense while figuring out how to create a sustainable governance structure for Cosmos. What do Cosmonauts really, really care about, outside of token go up? • ZCAP membership The ZCAP was most effective at the beginning, years ago, when it was staffed with people who were engaged and involved + when ZEC was the #3-5 token (by market cap) + and there weren’t 100 other networks/coins to spend mindspace on. It has been publicly surmised that the ZCAP no longer represents the interests of the Zcash community, by me and others. I can dig up the post(s)…
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has there been any progress on the RFP for non-USA entities?
Seems to be a broad problem for DAOs and currently underexplored
do not reverse decentralization?