Vitalik Buterin: Implement Yearly RPGF Rounds, Zcash Has Great Niche

Vitalik Buterin: Implement Yearly RPGF Rounds, Zcash Has Great Niche

Ethereum (ETH) creator Vitalik Buterin has suggested that privacy-focused cryptocurrency project Zcash (ZEC) should implement yearly off-chain RPGF (Retroactive public goods funding) rounds. Buterin made the suggestion in response to a query from a Twitter user who asked if he would consider starting a fundraiser for Zcash developers given the recent surge in interest in privacy. "Zcash has a great niche," Buterin said. "I think it would be great to see them implement yearly off-chain RPGF rounds to fund development." RPGF is a funding mechanism that allows projects to retroactively fund public goods that have already been created. This can help to ensure that projects have the resources they need to continue to develop and grow. Buterin's suggestion has been met with mixed reactions from the Zcash community. Some community members have welcomed the idea, while others have expressed concerns about the potential impact on the project's decentralization. It remains to be seen whether Zcash will implement yearly RPGF rounds. However, Buterin's suggestion is a sign of his continued support for the project and its mission to provide privacy and anonymity to users. Previously on 21 April 2024, "Ethereum (ETH) creator Vitalik Buterin said that privacy (enhanced transaction anonymity) focused cryptocurrency project Zcash (ZEC) should implement yearly off-chain RPGF (Retroactive public goods funding) rounds. "Zcash has a great niche," Buterin said via X, in response to a query from an X user who asked Buterin if he'd consider starting a fundraiser for Zcash developers given the recent surge in interest in privacy."