David Hoffman

Wow.

That's huge.

They have been huge proponents of privacy.

They're also behind the debt that you mentioned earlier, I believe.

Yeah, they've been very excited about Zcash this year.

I've noticed a lot of things that they're doing in this space.

I think they're true believers.

Let's talk more about the protocol block rewards going to the dev fund.

So this has been it's very interesting to sort of observe what happens after like many years of this activity, because, of course, Bitcoin, that would be like to do that, to siphon off a portion to any Bitcoin development fund would be sacrilege over there.

Bitcoin is immutable, thou shalt not siphon block rewards for any other purpose than rewarding miner.

It's in the protocol, it's in the social contract, that's done.

Ethereum was a bit more squishy with that idea of protocol-based dev fund block rewards.

And there had been multiple proposals to actually do something like that, EIPs in the Ethereum world.

Some of them got reasonably far debate in the community.

None actually got to the point of being considered for a hard fork.

And the reason always given in the Ethereum world is like, well, who decides where the funds go to?

Is this not a vector for corruption or something?

What do we turn this into a token vote?

And like, well, we don't like token votes for plutocratic reasons and it could be a vector for control.

So every once in a while it resurfaces in Ethereum, but it's been kind of quashed down.