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Jimmy
@zkp
unpopular opinion: zcash is undervalued
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shazow
@shazow.eth
I think a lot of people like and appreciate zcash's technology contributions, but don't love the token distribution and issuance.
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Jimmy
@zkp
issuance i get, same security budget problem as bitcoin distribution is interesting though bc people hate the dev fund, but its 20%. in 2016, compared to btc, it seemed steep, but compared to newer projects, 20% is nothing. and the money clearly went toward r&d
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shazow
@shazow.eth
It's not the amount, but it's the lack of credible neutrality.
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Jimmy
@zkp
how is it less credibly neutral than the EF selling eth and timing the market? nothing against EF either, people need to get paid, but the different approaches effectively achieve the same goal. many (most?) coins in the top 20 you could argue are less credibly neutral
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shazow
@shazow.eth
EF is not forever enshrined to receive a portion of every block reward? I'm not complaining about allocations from a decade ago, especially when they're negligible today. EF is probably the smallest funder of infra at this point, there's at least 10+ other larger ones today.
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