According to the results of a governance panel led by the Zcash Foundation and announced at the Zcon0 conference in Montreal on Thursday, the ballot, which proposed to prioritize ASIC resistance and “discourag[e] the use of ASIC mining equipment in favor of [graphics card] mining equipment,” saw 19 votes in favor, with 45 votes against the proposal.
Andrew Miller, president of the Zcash Foundation, said he was “surprised” by the outcome, telling attendees:
“This is a fairly strong signal of disagreement.
My interpretation of this is that we’re not going to make any hasty decisions like diverting all of the Zcash Foundation resources to promoting ASIC resistance.”
Operating independently of the Zcash Company, the Zcash Foundation is intending to decentralize the decision-making power on the network through the governance panel.
Another ballot included a question about transferring ownership of the zcash trademark from the Zcash Company to the foundation.
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