Zcash Co-Founder Proposes Ending ZCG’s Funding Stream

Zcash Co-Founder Proposes Ending ZCG’s Funding Stream

Sean Bowe proposed redirecting Zcash Community Grants’ 8% share of block subsidies to a network reserve while leaving its existing treasury untouched.

Zcash co-founder proposes redirecting 8% of block rewards to network reserve

Zcash co-founder Sean Bowe has proposed redirecting 8% of the network’s block subsidies from Zcash Community Grants to a reserve designed to support future mining rewards, potentially ending the grant program’s regular funding. In a proposal published on the Zcash…

Zcash co-founder proposes ending grants funding, citing $125 million treasury

Sean Bowe’s proposal would send the committee’s 8% share of newly created ZEC to a reserve for future miners. The committee would keep the money it has already received.

Zcash co-founders split over fate of $125M grants fund

Zcash co-founders Josh Swihart and Sean Bowe are engaged in a public dispute over a Bowe-fronted proposal to cut off and reroute the 8% block reward pipeline that funds the Zcash Community Grants (ZCG) program. Bowe wants the reward slice to feed a network reserve instead. Why Bowe wants to “turn off” the ZCG stream...

Zcash Price Rebounds as New Proposal Challenges Mining Rewards Altcoin News ETHNews

ZEC’s daily RSI rose above 50, while a bullish MACD crossover signaled improving momentum. Sean Bowe proposed redirecting the 8% Community Grants allocation into a long-term security reserve. The existing development treasury could reduce the need for continued grants funding, although its value fluctuates with ZEC. Zcash developers are debating a major change to the […]

Zcash Draft Seeks to Redirect 8% Block Subsidy From Grants to NSM Reserve

TL;DR Sean Bowe’s draft would end Zcash Community Grants’ automatic 8% block-subsidy stream and redirect that allocation to the Network Sustainability Mechanism. The proposal values ZCG’s holdings net of reported grant liabilities at $125.3 million using an illustrative $1,300 ZEC price, arguing resources can sustain grants. The change remains a draft with no activation height, ...