A new post came from Ethereum (ETH) co-founder Vitalik Buterin, who has recently positively affected the price of the altcoin with his altcoin shares and statements.
Finally, Vitalik Buterin, talking about the altcoin named Zcash (ZEC), caused the ZEC price to move upwards.
Buterin responded to a user's post while talking about Zcash in his post from his X account.
At this point, a user asked Vitalik Buterin “why he doesn't raise money for Zcash when he cares so much about privacy.”
Buterin, who did not ignore user
“Zcash should have off-chain managed RPGF rounds issued every year (or perhaps an indirect process where you select some voters off-chain who will then vote anonymously)
“Conservative on technology, insistent on privacy, experimental on economics” would be a great niche for Zcash. “
ZEC, which rose to over $24 after Buterin's post, continues to trade at $23.8 at the time of writing.
IMO Zcash should do off-chain-governed RPGF rounds with issuance every year (or perhaps an indirect process where you off-chain choose some voters who then anon-vote)
"Conservative on technology, insistent on privacy, experimental on economics" would be a great niche for Zcash.
— vitalik.eth (@VitalikButerin) April 21, 2024
*This is not investment advice.