Haseeb Qureshi: Zcash needs to develop funds to complete protocol solidification, which should be terminated after solidification

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Haseeb Qureshi, Managing Partner of Dragonfly, stated that Zcash still needs to develop funds to advance Tachyon, quantum resistance, and formal verification, and is not suitable for protocol solidification in the next one to two years. With the rise in ZEC prices, the fund size has exceeded $100 million and is facing political risks. He advocates retaining the development fund to complete the technical work before the agreement is solidified, but this round should be the last round. After solidification, the fund should end, and subsequent development should be self funded by the ecosystem. Haseeb Qureshi does not support pure token governance and supports limited participation of coin holders and committee governance. Dragonfly holds ZEC, and Haseeb Qureshi himself is also a ZODL investor.

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