Revised Schedule for ZOMG Elections
In late September, we paused the ZOMG election process to address questions that had arisen regarding potential conflict of interest issues. These questions arose when it became clear that some of the candidates standing for election were past, current or prospective grant applicants. As a result, we were forced to consider the conflict of interest […]
The Zcash Foundation’s Q3 2021 Report
The Zcash Foundation is committed to being transparent with the Zcash community and our other stakeholders. Today, we are releasing our quarterly report for the third quarter of 2021. As with our previous quarterly reports, this report describes our financial inflow and outflows, with a detailed breakdown of our expenses, and we have included a […]
The Zcash Foundation’s Q2 2021 Report
At the Zcash Foundation, we believe that transparency in our reporting breeds trust amongst our community members and stakeholders who interact with us at all levels. We also understand that our community’s decisions are based on assessments of past performance, which influence expectations of future performance. Last week, we released our quarterly report for the […]
ZOMG & Conflicts of Interest
During recent discussions with potential candidates for the Zcash Open Major Grants Committee (ZOMG), the question of conflicts of interest arose, as some candidates have previously – or may in the future – wish to apply for a ZOMG grant. While ZIP1014 specifies that ZOMG “is subject to the same conflict of interest policy that governs […]
The Zcash Foundation’s Q1 2021 Report
Throughout the last year, ZF has experienced significant changes to the team: from new leadership to team reorganization and expansion. This transition period presented both challenges and opportunities, but ZF worked arduously to address the challenges, while also capitalizing on the opportunities. While ZF’s engineering team experienced robust growth, one of the challenges ZF experienced […]
Improving Support for ZOMG
Since November last year, the Foundation has provided support to ZOMG (the Zcash Open Major Grants Committee; formerly known as the Major Grants Review Committee) in the form of administrative support (e.g. minute-taking during ZOMG meetings, undertaking KYC and OFAC compliance checks for grant recipients, payment processing and record keeping), by facilitating the use of the Foundation’s grants […]
Preparing for Elections to the ZOMG Committee
The largest slice of the Zcash Dev Fund (40%) is earmarked for major grants “to fund independent teams entering the Zcash ecosystem, to perform major ongoing development work (or other word) for the public good of the Zcash ecosystem”. While the funds are administered by the Zcash Foundation, applications for major grants are subject to […]
Consulting ZCAP on ZF Board Elections & the Future of Zcash
Later this month, we plan to poll the Zcash Community Advisory Panel (ZCAP) on two issues: Zcash Foundation board member appointment, and Zcash’s post-NU5 roadmap. Zcash Foundation Board Appointments In late May, we published a blog post inviting nominations for the Zcash Foundation board. However, the only nominations submitted were those made by Jack Gavigan (the Zcash Foundation’s executive […]
Expanding the Community Advisory Panel
The Zcash Foundation SHOULD endeavor to use the Community Advisory Panel (or successor mechanism) as advisory input for future board elections. ZIP 1014 Several Zcash Foundation board members’ terms are expiring this year (having been temporarily extended during the pandemic). As per the recommendation of ZIP 1014, we will be soliciting advisory input from the […]
Moving Forward: Addressing the ZOMG’s Seat Vacancy
This weekend, Sarah Jamie Lewis announced her resignation from the ZOMG committee (formerly known as the MGRC). Sarah is a talented individual who has played an active role within the Zcash ecosystem. The Foundation would like to thank Sarah for her contributions to Zcash, and looks forward to her continuing important work on financial privacy at Open […]