Dragonfly Partner Qureshi Calls for Ending Zcash Development Fund After 2028

WHY IT MATTERS

Many cryptocurrency projects face a fundamental question: how do you pay the developers who maintain and improve the software? Zcash addressed this by building a "development fund" directly into its protocol — think of it like an automatic tax on newly created coins, where a percentage goes to the teams working on the project rather than all going to miners. A prominent figure in the crypto investment world is now arguing this fund should stop after 2028. This matters because it touches on how decentralized projects sustain themselves financially and who gets to decide where resources go. For newcomers, it illustrates that even technical cryptocurrency projects involve significant governance and economic debates among their stakeholders.