A premine/founder tax/whatever automatically should strike coins off of the list, but that is my opinion
The one year chart begs to differ.
I'm not defending it but the technology has utility, it would be better if something like Zclassic had the traction though.
Then I would have no choice but to be bullish.
https://coinmarketcap.com/currencies/zcash/
Discussion
They reduced the dev tax, and coming up soon it's set to expire on November 23, 2025.
Going forward the dev fee will be removed unless another proposal is added.
If it happened, it is too late imo.
No, I definitely agree that all the Dev Fees, Founder Rewards, etc. Is what's ruined the zk-snarks ecosystem.
Pirate/ARRR, and Z-cash suck because of that.
I think Zclassic is a good implementation but unfortunately has little to no traction, so for now Z-cash has the zk-snarks momentum until an organic coin version of Z-cash like Bitcoin, and Monero replaces it hopefully.