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Dragonfly’s Qureshi Urges Zcash to End Development Fund After 2028

Industry observers are debating Zcash’s development fund after a ZEC rally pushed its value above $95 million. Dragonfly’s Haseeb Qureshi is calling for the arrangement to end after 2028, Cointelegraph reports.

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Dragonfly’s Qureshi Urges Zcash to End Development Fund After 2028

The future of Zcash’s development fund has become a focus of discussion among industry observers following a rally in the ZEC token that lifted the fund’s value above $95 million. Haseeb Qureshi of Dragonfly is calling for the funding arrangement to end after 2028, according to Cointelegraph. The debate centers on how Zcash development should be supported beyond that point as the fund’s value grows. No further details on the proposed transition or the positions of other participants were provided. Zcash, represented by the ZEC token, is the asset linked to the funding discussion.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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