Odaily Planet Daily News The Privacy Blockchain Zcash Community Forum initiated the governance proposal of "Establishing a ZEC Holder Group (ZEC Hldrs Group)". The ideal goal would be to form a group comprising more than 20%-30% of the circulating supply of ZEC tokens to ensure that ZEC holders are properly represented, at some point some mechanism would need to be established to prove ownership.
The proposal says that the organization should be independent of ECC/Foundation/Grant Recipients etc., as a holder should not have more than 1 voice if they already have a more formal role. To avoid conflicts of interest, no grant recipients are allowed on the committee.