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Replace: ECC proposals and plans for decentralizing Zcash and future focus


In Might, Zooko introduced that ECC had restructured to raised serve the pursuits of Zcash whereas lowering prices and rising sustainability of the group. In that publish, he summarized two classes of our efforts shifting ahead: additional rising Zcash decentralization and focusing ECC. This publish is meant to supply extra element and an replace on our present plans. We welcome the group’s suggestions. 

Growing Zcash decentralization

Our goal within the additional decentralization of Zcash is to meaningfully enhance Zcash’s resilience with out unduly rising centralization danger. An instance of a change that may not enhance resilience could be transferring duty to the Zcash Basis (ZF). As a result of ZF manages the Zcash trademark, its Zcash Group Advisory Panel, and the Zcash Group Discussion board, and since they now supply their very own consensus node (Zebra), including extra reliance on ZF wouldn’t make Zcash extra resilient in opposition to single factors of failure. 

Transitioning a few of the work ECC owns, or has owned up to now, to others in the neighborhood will:

  • Enhance Zcash sustainability and resilience, by means of a higher distribution of duty
  • Enhance goodwill and accountability with the group
  • Enhance alternatives for others who’ve demonstrated dependable participation within the ecosystem
  • Free ECC to give attention to enhancements to the undertaking that we’re uniquely certified to ship

This course of will take time, as ECC develops and rolls out mechanisms to make sure features transition easily and safely to trusted members in the neighborhood. 

Transitioning some tasks could seem counterintuitive, as ECC’s existence depends upon Zcash group funding. Nevertheless, it’s exactly as a result of our funding comes from the group that we’re sure to honor the perfect pursuits of ZEC holders with good stewardship and management.

Focusing ECC

Our mission is to empower all individuals with financial freedom, and our “North Star” is delivering a world class UX for ZEC. Within the close to to mid time period, as introduced, we’re targeted on empowering ZEC holders and giving them a voice.

This particularly contains the next aims:

  • Create a wonderful consumer expertise for proof-of-stake ZEC
  • Construct and help a business pockets — constructed by and for Zcashers — that’s straightforward to make use of and accessible for anybody
  • Construct and help a mobile-wallet SDK that’s helpful to different Zcash builders
  • Guarantee ZEC, self-custody, and staking stay viable within the USA by means of targeted coverage work

Timeline and specifics

ECC makes use of an OKR course of for prioritizing and delivering measurable work on four-month cycles. Usually, our phrases are: February – Might (Time period 1), June – September (Time period 2), and October – January (Time period 3). Attributable to ECC’s restructuring and our give attention to exiting emergency mode, we moved the kickoff date of Time period 2 to July 10. Time period 3 will kick off, as normal, in October.

Time period 2, 2023

The priorities set for the rest of Time period 2 are:

Earlier than the tip of July

  1. Exit emergency mode
  2. Launch the Z.money web site, model 3.0 (accomplished)
  3. Launch the brand new ECC SDKs (iOS and Android), model 1.0
  4. Launch the brand new ECC business pockets, model 1.0
  5. Launch model 0.1 of our proof-of-stake design suggestions

The lionshare of our rapid focus stays on exiting “emergency mode,” which we anticipate will likely be potential this month, relying on how shortly wallets are in a position to combine with our new SDK.

The brand new ECC SDKs will help pre-sync fund availability.

ECC’s pockets will likely be introduced and made obtainable for early testing. This launch will likely be an expert, however no-frills, fundamental pockets that may function the muse on which to fulfill the particular wants and needs of Zcashers. We’ll drive function growth based mostly on ZEC consumer suggestions. Future pockets options may embrace things like ZEC holder polling and staking features, for instance.

Our analysis crew will publish a top-level roadmap and proposed timeline to maneuver Zcash from proof of labor to a hybrid answer, after which doubtlessly pure proof of stake. We’ll publish this info this month after which host a workshop at Zcon4 to proceed the dialogue. This model 0.1 proposal is an early step within the design course of, revealed particularly to garner suggestions and collaboration throughout the Zcash ecosystem, and to make sure this vital transition proposal is nicely understood and addresses group wants.

August – September (The rest of Time period 2)

We intend to pause new growth efforts on PoS analysis and business pockets and SDK growth so as to give attention to decentralization actions. Our OKR planning for the rest of Time period 2 will likely be targeted on:

  • Clearly defining the particular use circumstances the place ECC will focus
  • Figuring out use circumstances nicely fitted to decentralization, to enhance resilience and sustainability
  • Mapping out the transition between ECC help and end-of-support for particular use circumstances (i.e., Can we cease engaged on these items utterly, wrap them up, and/or transition them to others?)
  • Meta transition planning the place applicable, together with easy methods to establish and safely transition tasks to different Zcash contributors
  • Starting the transitions

Some efforts will likely be comparatively swift, as is the case with ending ECC help for world regulatory relations. Others will take extra time, together with the transition of some features at present supported by ECC in Zcashd (pending ultimate willpower of which use circumstances ECC will proceed to help). Others could take vital planning and time, as a consequence of complexities and so as to decrease any disruption. 

One such complicated decentralization effort referenced within the restructuring announcement is the administration of digital properties. This contains the z.money web site, the Zcash Twitter account, Zcash.readthedocs.io, and the Cypherpunk Zero property. Our goal is to empower the group to contribute to, assist steward, and higher make the most of these property over time. 

The stewardship of those digital properties, platforms, and property are extremely essential and sophisticated, so transition efforts will take appreciable time and diligence to execute safely and in a method that may foster the very best outcomes. In these circumstances, we consider “meta transition planning” is most applicable. We have now been learning this for a lot of months and can present a really useful method to the group in a weblog publish subsequent week. We have now requested that the Zcash Basis present ECC with time and house for group engagement on this subject at Zcon4, with an intent to start method and planning efforts in August. We stay up for working with certified members of the group on this effort and can present extra element quickly.

October – January (Time period 3, 2023/24)

A lot of the decentralization efforts, formalized in Time period 2, will happen throughout these months. As we’re in a position to wind down and transition work, we’ll flip our consideration again to new analysis and growth on the ECC outlined focus areas. As beforehand said, some transitions could also be fast, and a few could require months to years.

February and past (Time period 1, 2024 – )

Whereas we focus our analysis and growth efforts as said above, we’ll roll out up to date roadmaps and plans based mostly on the funding obtainable to ECC underneath the present growth fund, which ends in November 2024. 

The group is at present discussing the potential of a brand new growth fund and potential buildings. After we acquire readability on the time and effort wanted to decentralize core capabilities, we intend to supply a proposal to the group on what we plan to perform and at what stage of funding over one other time period. 

Additional decentralizing Zcash by focusing ECC’s efforts on fewer issues is a significant contribution to the undertaking and ZEC holders in help of our mission. It would lead to a extra numerous group of contributors and arrange ECC to iterate on new innovation, extra shortly and fewer expensively, by specializing in these areas we’re uniquely certified to ship.

I stay up for seeing you at Zcon4! Please seize me for a while there when you’d prefer to discover any of this in additional element.

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