2019-09-27 11:22:09 -07:00
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::
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ZIP: Unassigned
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Title: Decentralize the Dev Fee
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Owners: Matt Luongo <matt@thesis.co>
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Status: Draft
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Category: Process
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Created: 2019-09-27
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License: MIT
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2019-09-27 11:45:27 -07:00
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Motivation
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==========
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Who am I?
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---------
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My name is Matt Luongo. I'm an entrepreneur who's been full-time in the crypto
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space since 2014, co-founding Fold, a Bitcoin payments company, and more
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recently Keep, a private computation startup built on Ethereum. I've built some
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`around Zcash <https://github.com/ethereum/EIPs/pull/2129>`_, and we've
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considered investing more heavily in Zcash development on our latest project.
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I'm deeply interested in privacy tech. For me, privacy is about consent --
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consent to know my habits, beliefs, and preferences -- and I see privacy as
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the next frontier in our pursuit of an economy that respects individual choice.
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My perspective is as the founder of a for-profit company focused on building
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self-sovereign technologyi who would like to develop on Zcash. We work in this
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space ideologically, but our work isn't free; attracting and growing talent
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requires funding.
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If you're interested in more on my background, I've introduced myself more
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`properly on the forum
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<https://forum.zcashcommunity.com/t/introducing-matt-luongo-from-keep/34947>`_.
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What's this about?
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------------------
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Since Zcon1, I've been looking to fund work to build an Ethereum / Zcash bridge.
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I've spoken to the ECC, the Zcash Foundation, and a number of early Zcash
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community members on how best to move forward with this project, and in the
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process I've learned a lot about how the community works and dev governance has
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been structured thus far.
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Inevitably, I've become interested in the community's proposals for a new dev
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fee, and thought about how the right structure might support work like ours.
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I believe the Zcash community has an opportunity to deploy a new incentive
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structure that will attract companies like ours to build and improve Zcash,
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leading to a more resilient network, stronger technology, and wider usage.
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