Vitalik Buterin Warns Zcash Against Token-Based Governance

[bonk]

Ethereum co-founder Vitalik Buterin is urging the Zcash community to avoid token-weighted voting, arguing it would shift the project toward short-term price incentives and away from its core mission of long-term privacy protection.
He says token voting enables covert vote buying, concentrates power among whales, and leads to decisions shaped by the “median token holder,” who may not prioritize civil liberties.
As Zcash debates changes to its Community Grants committee, Buterin argues token voting would be “worse than the status quo.”

[Nahid Hossen]

Vitalik’s warning reflects real risks behind token-based governance models.

[Abdul Khan]

His concerns highlight long-term issues many projects may face.