Results of the experimental Zcash Foundation Governance Process released
The Zcash foundation had conducted an experimental governance process throughout June. The foundation had announced their intention to carry out a community governance process back in April. The result of the experiment was shared at the first Zcash conference, Zcon0 on June 28th. Zcash recently released the Overwinter compatible 1.1.2 which will implement changes necessary for Sapling, the Blockchain’s next major protocol upgrade.
The executive director of Zcash, Josh Cincinnati wrote about the governance process in blog post in April. According to his blog post, over 200 members from the Zcash community will be selected to form the “Community Governance Panel.” These members on the panel will represent the Zcash ecosystem and so will be vetted by Josh and other members of the Foundation. About the selection of the panel members, he wrote,
“The Foundation will be spearheading the selection of the panel and proactively reaching out to community members; the main criteria for selection will be that prospective panel members had some demonstrable public presence and/or contributed in some way to the ecosystem; both would work well in a system with a publicly verifiable ballot.”
A list of community governance panel members was compiled in accordance to their outlined guidelines. The foundation actively reached out to people and requested that they participate, both individually and through broad public posts. Finally, 72 people were recruited to be panel members out of which 64 of them voted. According to the blog,
“The voters weighed in on six ballot proposals and nine Board candidates.”
The panel selected Ian Miers and Amber Baldet as new board members replacing Naval Ravikant and Yan Zhu. The voters were given statements which they could endorse or reject, via an “Agree” or “Disagree” vote for the ballot proposals. While they acknowledge that the community governance process was flawed, it still yielded useful information about community sentiment. But the Foundation needs to keep in mind the Zcash constituents who aren’t represented by the Community Governance Panel. Like non-English speakers in the community.
The governance panel voted on several important questions like migrating the Zcash protocol to a new proof of work algorithm. They even chose an official mascot, “Zeal, a collection of Zebras” won with 28 votes.
Neal Jayu, a Zcash enthusiast tweeted,
“Now that the zeal has been chosen as the @ZcashFoundation mascot, does that make us $ZEC fans… #Zcash zealots?”
The blog post says that several participants gave feedback on the governance process saying it was confusing. The foundation has conducted detailed post mortems on the topic. One was with the Foundation’s Board and another with a broader group of Zcash stakeholders. In addition to these, they’ve also taken ad hoc individual opinions into consideration. Based on these feedbacks they’ve outlined points of contention which will be addressed next time.
Image via Shutterstock
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