Dragonfly’s Qureshi urges ending Zcash Development Fund around 2028 as stakeholders debate structure

Dragonfly’s Qureshi has called for Zcash to end its development fund around 2028, arguing the change would help avoid institutionalization while keeping the system focused on technical work and finite governance ^[1].

Cointelegraph reported that industry watchers are debating the future of the Zcash development fund after the value of ZEC was reported to have risen above $95 million following a ZEC rally ^[2].

Cryptopolitan described the Zcash Dev Fund as routing 20% of every block reward into a pool that funds grants for teams working on ecosystem development, and said stakeholders have publicly argued about the mechanism and related efforts to make ZEC behave more like a typical store of value ^[3].

Bitcoin Sistemi attributed Zcash’s recent price move to funding inflows into Grayscale’s Zcash ETF, interest from large investors, and expectations for the upcoming NU7 upgrade, including a planned reduction of block times from 75 seconds to 25 seconds ^[4].