Qureshi urges Zcash to end development fund after 2028

Dragonfly managing partner Haseeb Qureshi has argued that Zcash should let its developer fund expire after 2028. He said the fund is already large enough to support the remaining work on the project and warned that its growing size could make governance more politicized. The Zcash development fund currently holds about 63,962 ZEC, or roughly $95 million, according to ZecStats. The balance has risen alongside ZEC’s recent price rally, which has renewed debate over whether the fund should continue. The wider discussion has also centered on who should control the fund. Some industry figures favor a hybrid governance model, while others want the fund removed entirely. Zcash founder Zooko Wilcox has pointed to the community grants committee as one reason the network has continued to grow.