More

    Zcash Zealots Rejoice, ZEC Foundation’s New Mascot Revealed: Zeal

    During the entire month of June, the Zcash Foundation conducted an “experimental governance process”, which was first announced back in April. The results to this process were released at Zcon0 on June 28.

    It appears that some community members among the foundation will be selected based on their voices made throughout the community. Both the Chairman and Executive Director, Andrew Millers and Josh Cincinnati shared the following:

    “Our approach – which we anticipate will evolve over time – will be to appoint a “Community Governance Panel”, consisting of a broad collection of people who have contributed in some way to the Zcash community via some public and visible presence.”

    The duo also shared the challenges they believe need addressing including:

    • Can we make it broad representative
    • Not stacked with insiders to the Zcash Foundation directors, or to the Zcash Company
    • The selection outcome is transparent

    According to the results, the two individuals that were selected include Ian Miera and Amber Baldet.

    In terms of the ballot proposals placed, voters had the option of either “rejecting” or “accepting” statements made in relation to possible changes moving forward. Some of the proposals were based on Zcash community and ASIC resistance, a potential proof-of-work algorithm and opening discussion on monetary policies.

    Another fun ballot proposal was conducted to see whether members can come up with a suitable, “official Zcash mascot”. Users were given the option to pick two from a list that consisted of, Zeal, a collection of zebras, waterbear, squirrel, axolotl, and a talking horse. By majority rules, the community supposedly settled for Zeal.

    Based on a post made by the Zcash Foundation, they are excited with the Zeal solely for its symbolism. In particular, the Foundation believes that it is hard to identify a single zebra among several, which to them reflects difficulty in identifying “shielded addresses and transactions in the full Zcash anonymity set.”

    The Foundation also conveyed support in the Community Governance Panel’s choice of mascot and plan to incorporate “zeal imageries into visual identity going forward.”

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Avatar
    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,366FansLike
    2,785FollowersFollow
    4,136FollowersFollow

    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    General Motors (GM) Files Blockchain-Based Map Network Patent for Autonomous Vehicles

    General Motors (GM) plans to build a self-updating navigation system on blockchain to allow use across “specific roads” on autonomous vehicles. In a newly...

    BTC Proposes a Greater Value Than Gold; $670M Transferred For 26 Cents Within Its Network

    Bitcoin’s value proposition in fund transfers is so far one of the most cost-friendly avenues to send money globally. A recent transaction within its...

    COVID-19's Impact On The Economy Claims Another Business as Cambrial Capital to Shut Down

    Cambrial Capital which focuses on a Crypto fund of funds is set to shut down its operations in the near future according to insiders...

    Apple’s New Intelligent Prevention Tracking (ITP) on iOS Threatens Burner Wallets Existence

    Apple’s recent upgrade on the Safari WebKit might soon phase out the convenience of burner wallets within the cryptocurrency space for its users. ...

    Galaxy Digital's Mike Novogratz: This Is The Year For BTC Or I Might ‘Hang Up My Spurs'

    Bitcoin proponent, Mike Novogratz is still “most excited” about the world's leading cryptocurrency but “if it doesn't go all out by the end of...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.