{"id":186258,"date":"2025-04-15T14:47:56","date_gmt":"2025-04-15T14:47:56","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/ecc-endorsement-for-the-community-and-coinholder-funding-model\/"},"modified":"2025-04-15T14:47:56","modified_gmt":"2025-04-15T14:47:56","slug":"ecc-endorsement-for-the-community-and-coinholder-funding-model","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=186258","title":{"rendered":"ECC Endorsement for the Community and Coinholder Funding Model"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Last year, the Zcash community allocated 8% of block rewards to ZCG and 12% to a one-year deferred lockbox to explore future funding options. With the expiration nearing, it\u2019s time for the community to <\/span><a href=\"https:\/\/forum.zcashcommunity.com\/t\/community-polling-on-funding-model-zips\/50617\"><span style=\"font-weight: 400;\">decide the path forward<\/span><\/a><span style=\"font-weight: 400;\">. Polling will begin this week.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ECC endorses the <\/span><a href=\"https:\/\/zips.z.cash\/draft-ecc-community-and-coinholder\"><span style=\"font-weight: 400;\">Community and Coinholder Funding Model (C&amp;C)<\/span><\/a><span style=\"font-weight: 400;\">. As described in the proposal abstract, this model \u201cgives the community and coin holders distinct voices in determining what, if any, grants are provided to support Zcash\u2019s development and community efforts.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We support this model for the following reasons:<\/span><\/p>\n<p><b>Outcome-driven<\/b><span style=\"font-weight: 400;\">: This proposal is consistent with <\/span><a href=\"https:\/\/electriccoin.co\/blog\/eccs-position-on-the-zcash-dev-fund\/\"><span style=\"font-weight: 400;\">our position that anyone who receives funding from block rewards should be held accountable to the community for outcomes<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><b>Empowers Coinholders:<\/b><span style=\"font-weight: 400;\"> Coinholders have not historically had the power to determine how block rewards are allocated. This model gives them the authority of 60 percent of the development fund.<\/span><\/p>\n<p><b>Balanced and Agile:<\/b><span style=\"font-weight: 400;\"> This model keeps the Zcash Community Grants (ZCG) function in place and at the same funding level it currently receives. This allows the community to elect representatives to the ZCG, and provides a more agile and alternative means for contributors to apply for grants.\u00a0<\/span><\/p>\n<p><b>Legally Compliant:<\/b><span style=\"font-weight: 400;\"> ECC consulted with its attorneys to assess legal and compliance risks. This model is consistent with similar models used in other ecosystems and demonstrates further decentralization of decision-making authority.\u00a0<\/span><\/p>\n<p><b>Transparent Governance:<\/b><span style=\"font-weight: 400;\"> The process for allocating funds is straightforward, with formal ratifying of coinholder decisions through a multi-organization multi-sig.<\/span><\/p>\n<p><b>Term-Limited:<\/b><span style=\"font-weight: 400;\"> The model would be activated through the third halving, approximately November 2028. This allows the community sufficient time to assess the model\u2019s effectiveness before determining whether it should expire, be modified, or be replaced.<\/span><\/p>\n<p><b>Strong Controls:<\/b><span style=\"font-weight: 400;\"> The C&amp;C model includes a veto process that allows key holders to withhold funds in cases where the funding would violate the law or be deemed antithetical to the values of the Zcash community. It is also limited to funding governance and does not imply control of what code is merged and run by the ecosystem.<\/span><\/p>\n<p><b>Implementable by November:<\/b><span style=\"font-weight: 400;\"> The ECC team has determined that the model can be implemented ahead of the November expiration date, with minimal impact on the current work on zcashd deprecation and ZSA enablement. It will require a network upgrade before or in concert with what is currently defined as NU7.<\/span><\/p>\n<p><b>Collaborative:<\/b><span style=\"font-weight: 400;\"> The model was developed with input from ECC, the Zcash Foundation, Shielded Labs, forum members, and long-term ZEC holders.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While ECC is formally endorsing this proposal, individual ECC team members may express different views online or in polling. We remain steadfastly committed to further Zcash decentralization, increased coinholder participation, transparency, and accountability, and we look forward to hearing the community\u2019s voice through polling.<\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Last year, the Zcash community allocated 8% of block rewards to ZCG and 12% to a one-year deferred lockbox to explore future funding options. With the expiration nearing, it\u2019s time for the community to decide the path forward. Polling will begin this week.\u00a0 ECC endorses the Community and Coinholder Funding Model (C&amp;C). As described in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":186259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[73188,6876,13292,13537,15075,1168],"dealstore":[],"offerexpiration":[],"class_list":["post-186258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-coinholder","tag-community","tag-ecc","tag-endorsement","tag-funding","tag-model"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ECC Endorsement for the Community and Coinholder Funding Model - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=186258\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECC Endorsement for the Community and Coinholder Funding Model - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Last year, the Zcash community allocated 8% of block rewards to ZCG and 12% to a one-year deferred lockbox to explore future funding options. With the expiration nearing, it\u2019s time for the community to decide the path forward. Polling will begin this week.\u00a0 ECC endorses the Community and Coinholder Funding Model (C&amp;C). As described in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=186258\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-15T14:47:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"3840\" \/>\n\t<meta property=\"og:image:height\" content=\"1921\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=186258#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=186258\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"ECC Endorsement for the Community and Coinholder Funding Model\",\"datePublished\":\"2025-04-15T14:47:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=186258\"},\"wordCount\":464,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=186258#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png\",\"keywords\":[\"Coinholder\",\"community\",\"ECC\",\"endorsement\",\"Funding\",\"Model\"],\"articleSection\":[\"Altcoin\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=186258#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=186258\",\"url\":\"https:\/\/fivemor.com\/?p=186258\",\"name\":\"ECC Endorsement for the Community and Coinholder Funding Model - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=186258#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=186258#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png\",\"datePublished\":\"2025-04-15T14:47:56+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=186258#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=186258\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=186258#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png\",\"width\":3840,\"height\":1921},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=186258#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ECC Endorsement for the Community and Coinholder Funding Model\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ECC Endorsement for the Community and Coinholder Funding Model - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=186258","og_locale":"en_US","og_type":"article","og_title":"ECC Endorsement for the Community and Coinholder Funding Model - Som2ny Network","og_description":"Last year, the Zcash community allocated 8% of block rewards to ZCG and 12% to a one-year deferred lockbox to explore future funding options. With the expiration nearing, it\u2019s time for the community to decide the path forward. Polling will begin this week.\u00a0 ECC endorses the Community and Coinholder Funding Model (C&amp;C). As described in [&hellip;]","og_url":"https:\/\/fivemor.com\/?p=186258","og_site_name":"Som2ny Network","article_published_time":"2025-04-15T14:47:56+00:00","og_image":[{"width":3840,"height":1921,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=186258#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=186258"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"ECC Endorsement for the Community and Coinholder Funding Model","datePublished":"2025-04-15T14:47:56+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=186258"},"wordCount":464,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=186258#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png","keywords":["Coinholder","community","ECC","endorsement","Funding","Model"],"articleSection":["Altcoin"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=186258#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=186258","url":"https:\/\/fivemor.com\/?p=186258","name":"ECC Endorsement for the Community and Coinholder Funding Model - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=186258#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=186258#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png","datePublished":"2025-04-15T14:47:56+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=186258#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=186258"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=186258#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/Coin-holder-poll-results-header-05-2.png","width":3840,"height":1921},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=186258#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"ECC Endorsement for the Community and Coinholder Funding Model"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/186258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=186258"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/186258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/186259"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=186258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=186258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=186258"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=186258"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=186258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}