Gemini Co-Founder: Zcash Doesn't Need to Reinvent Governance Mechanisms; Privacy Is Its True Goal

Gemini co-founder Cameron Winklevoss stated that Zcash does not need to reinvent governance mechanisms, as capital markets have utilized stakeholder voting for centuries, with token holder voting simply serving as the on-chain implementation of this system. He emphasized that governance experiments are not Zcash's core mission; rather, privacy is its true objective, and he called for discontinuing the Zcash Community Grants (ZCG) to eliminate the resulting distractions and misaligned incentives.