Engineer | Builder | Privacy and Decentralization for all
Houston, TX
Joined August 2010
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- Following4K
- Followers838
- Likes10.3K
Miguel retweeted
Zebra stripes are taking over Wall Street today in our full page @WSJ ad!
Somewhere in this illustration is a zebra. In the same way Zcash ($ZEC) can use advanced cryptography to keep transactions private, all these stripes make the zebra hard to spot.
Start your search for the zebra within this @raypunxh illustration, or buy a paper to get the full experience.
How many crypto easter eggs can you find? #ZcashEra
Miguel retweeted
The power of Zcash ($ZEC) is built and strengthened by the community around it.
That’s why we’re directing $1M to non-profit organizations and initiatives advancing the Zcash ecosystem.
We’ve awarded the first $400K to @ZcashFoundation, @pgpzcash, @TachyonZcash, and @ShieldedLabs. We are proud to support the work they do in helping usher in The Next Era of Crypto. #ZcashEra
Learn more: globenewswire.com/news-relea…
Miguel retweeted
With OHTTP and partnerships with @Cloudflare and @fastly, now your IP address is shielded from your wallet transactions by default in Zodl.
We're building the bankless future I wanted when I first joined crypto.
Save. Spend. Run. No banks.
Miguel retweeted
0xramp is a proud integrator of the P2P Protocol.
This is a move in the right direction that also strengthens 0xramp[.]app!
We support decentralizing the protocol's governance and look forward to becoming active contributors to the ecosystem and protocol powering our systems.
🏛️ P2P Protocol governance is now decentralised
Our governance portal, gov.p2p.foundation, is now live, and alongside it we shipped a major protocol upgrade that decentralises control of the protocol. This is an incredibly proud moment for the team: P2P no longer depends on us to keep it running.
What changed: Authority over the protocol’s most critical functions now sits with three independent 2-of-3 multi-sig Safe wallets rather than with the team. These functions are:
• Upgrading the protocol’s smart contracts
• Changing operational parameters
• Allocating on-chain marketing/cashback budgets
• Whitelisting partner contracts
The signers on these Safes are three protocol roles: Dev Lead, Ops Lead and Marketing Lead. These roles are currently held by 8 independent P2P community members as signers on Safes, but anyone in them can be replaced at any time by swapping signers on the Safes through a MetaDAO futarchy governance proposal.
**What this means:**
The protocol is governed by the DAO, not the team
The people operating it can be replaced by DAO governance at any time - No single person can control protocol funds, contracts, or the direction of on/off-ramp partnerships
What’s next: Our front-end UIs are already fully open source. The team is now focused on open-sourcing all smart contracts once final security audits are complete. When that’s done, the protocol will, for all practical purposes, run and govern itself, with token holders ultimately steering how the value it generates is directed.
Miguel retweeted
I now realize how lucky and fortunate I was to have a job that didn't feel like one for the last 9+ years in crypto.
Doing something I loved, a mission I respected, and having full autonomy to solve to problems I thought were important is a super rare trifecta.
It's hard to explain this on a job application/resume, and finding what's next has been brutal, but I hope I can one day feel the magic again!
Miguel retweeted
🥳 We just reached $50K+ in settled transactions!
• $50,874.18 in all-time volume
• 566 in settled orders
• 151 unique accounts
• $16.18K volume in zcash:native
• 126 orders used Zcash (buy, sell, pay)
Brazil still leading, but India, Peru, and Venezuela already crossed the $1,000 milestone and are growing in usage!
Miguel retweeted
I’m seeing a lot of questions about how the debate over ZCG and the Dev Fund will move forward and what happens to the proposals that have been put forward.
I posted an overview of how Zcash governance currently works on the Forum:
forum.zcashcommunity.com/t/f…
Miguel retweeted
Worth some thought of what would happen to Zcash governance and coin holder voting if a large exchange hack happens.
No, it wouldn't be catastrophic. In particular, a single hack only gives a small amount of influence, but one might imagine a world of multiple hacks over a few years, at which point the vote looks way less credible. Even then, Zcash can adapt, add checks and balances, etc. So this is a serious thing to consider, but not necessarily a reason to just reject coin holder voting outright.
But running the thought experiment will be useful, since it will tell folks a lot of what they want from a resilient and decentralized governance mechanism.
For example, it looks very different if coinholder voting retroactively decides funding prioritization vs if it’s deciding core protocol decisions.
Miguel retweeted
I hope everyone endorses this. Both sides seem unhappy so that tells me it's a good compromise.
IMO there's a lot of money fighting right now. Let's just get it done with. Get everything out in the open and fight about it. Then move on.
Money stuff and debating the treasury is overall zero sum. Focusing on growing Zcash adoption is IMO way more important and positive sum.
I care a lot about shielded transaction count (usage), network security (safety), and speed/quality (not sure on the metrics here).
I'm not the only one who picks the metrics of course. I hope people give feedback.
But that's my piece on all this stuff. Focusing on key metrics is probably better and more win-win than fighting over a fixed pie.
Miguel retweeted
Tachyon Group (led by Sean Bowe) and Shielded Labs just posted a proposal to reduce the treasury, end the flow of funding, preserve operational capacity, donate $50M to Network Sustainability, and create a Future Dev and Legal Defense Fund: github.com/aquietinvestor/zi… ⤵️
Miguel retweeted
Over the last few days, I’ve had the privilege of spending some time w the Zcash community IRL. Some thoughts:
- extremely welcoming, kind, and thoughtful people. Felt very included as a community member and market participant. Was also great to meet a bunch of Twitter friends in the flesh
- the community still feels incredibly grassroots. Many developers and longtime contributors present, notably a lack of investors and services firms that you regularly see at other conferences
- the last time I felt this way about a crypto event was in SF in 2015-2016
- still feels very ideologically-driven, which has pros/cons. Very different from the command and control style of governance that is common for L1 smart contract platforms
- undercurrent of conflict between “factions” that seem to primarily have formed between new+old guard. Think this needs to be resolved before it comes to a head
- overall I think the project would benefit from a more focused GTM, clear alignment on narrative (my vote is to focus on private SOV with credible roadmap to quantum resistance), and clear+public technical priorities (quantum, crosslink, ZSA, etc). Not immediately clear to outsiders what the priorities are, and much of the discourse on twitter revolves around the future of grants, etc. which feels distracting relative to the larger vision
Overall I’m happy to see zcash:native finally get the attention it deserves, grateful to have spent time with the incredible community, and I believe the project is in a clear position to continue to gain mindshare vs BTC.
Feliz cumpleaños a Zcash!
Miguel retweeted
Zcash enables anyone, anywhere to store value and to transact privately and securely. Zcash is the most important project in the world, because self-sovereign money is a requirement for human rights and for a durable and thriving civilization. ⤵️
Miguel retweeted
A new @Anoma powered browser wallet for Zcash has arrived!
Try out @zillions_app, explore its features and share your feedback.
Miguel retweeted
Thanks to everyone who came! It was really fun, and cannot wait for season 2 in SF. Thanks @RIFTHQ and @profiit for co-hosting this.
ps: yes, we will do it again!
Glimpses from our Zcash meetup in SF.
We had @_TomHoward from @ZcashLabs talking about Zcash, where we are with the project, and where we are headed, some nice Mexican food + Zcash onboarding.
Thanks everyone for attending, and thanks to @RIFTHQ for co-hosting this.
We can't wait to do season 2 of this.
