zec
/
zips
mirror of https://github.com/zcash/zips.git
1
0
Fork 0
Code Issues Projects Releases Wiki Activity

Zcash can be more than "Bitcoin, but private"

This commit is contained in:
Matt Luongo 2019-09-27 15:01:38 -04:00 committed by Daira Hopwood
parent 50ac7ca9f8
commit a4f857bd3d
1 changed files with 20 additions and 0 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

20
zip-XXXX.rst
View File

@ -48,3 +48,23 @@ fee, and thought about how the right structure might support work like ours.
I believe the Zcash community has an opportunity to deploy a new incentive
structure that will attract companies like ours to build and improve Zcash,
leading to a more resilient network, stronger technology, and wider usage.
The Zcash Narrative
-------------------
We're all here to build a robust, private, decentralized currency. But in the
dev fee proposals I've seen so far, the idea of a Zcash narrative that
distinguishes it from the competition is absent.
One direction proposed in ZIP XYZ claims that Zcash is a hedge against Bitcoin's
long-term privacy failure. Put simply, Zcash is "Bitcoin, but private".
I believe that Zcash should aim higher. Only one coin has successfully made a
store of value argument, which I like to call "worse is better". Don't upgrade
the network -- stability is more important than solving today's problems.
Bitcoin is chasing the Lindy effect, where worse is better, and that's great for
Bitcoin. For the rest of us, though, better is better. Zcash *should be better*.
Zcash is known for having the best tech in the space, built by one of the best
team's in the space. We should lean in to that reputation, nurturing the best
research and engineering talent to take Zcash to the next level.