Zcash Development Fund Faces Winding Down Deadline

Dragonfly managing partner Haseeb Qureshi has proposed winding down the Zcash development fund after its current term ends in 2028. The fund's size is a major concern, nearing $100 million and growing increasingly vulnerable to 'politicization.'

The debate around the fund's future centers on timing, size, and governance risk. Qureshi argues that the current development fund should be the last one, as it has grown large enough to cover remaining Zcash work before its expiration under existing rules in 2028.

Supporters of the fund say it is crucial for sustained development amid fast-evolving threats like AI and quantum risks. However, critics like Maxime Desalle suggest eliminating the fund altogether to resolve governance disputes and potential security or dependency risks.