Josh Cincinnati, former Executive Director of the Zcash Foundation, joins the show to talk about his tenure at that organization, and lessons he's taken from the experience. In this episode: 

• The genesis of the Zcash Foundation
• Prior foundation mistakes that Josh sought to avoid
• The difference between governing a non-cryptocurrency FOSS project and an open source protocol with an explicit monetary element
• Why Josh chose to step down from the Zcash Foundation
• How the monetary distribution of Zcash was initially devised and how the founder's reward became a developer fund
• The dynamics around the trademark sharing in Zcash
• Trademarks as a last resort tool of power in blockchain governance
• How public blockchains are 'Marxist in their goals, Leninist in their implementations'
• How the mandate of the Zcash Foundation was broader than simply the Zcash ecosystem
• The current outlook for funding Zcash development
• The subtle change in the social contract underlying development funding
• Why poorly formalized social contracts risk opening up projects to capture
• How 'aid dependency' is relevant to blockchain governance
• Why blockchain insiders hide the true mechanisms of power
• Why coin votes might be more of the output of power rather than the input
• Josh's advice to a founder trying to devise funding for a novel cryptocurrency
• Why Rawls' Veil of Ignorance is so important in determining initial conditions for a monetary protocol
• What Josh is working on now
• The story behind PonzICO.win
• Why there is no good satire in the crypto industry

Content mentioned in this episode:

• Angela Walch, Deconstructing 'Decentralization': Exploring the Core Claim of Crypto Systems
• James Prestwich, Zcash Dev Fund Opinions