ZEC News: Zcash Holders to Vote on Pulling $50 Million ZEC From Grants Treasury
8 Articles
8 Articles
ZEC news: Zcash holders to vote on pulling $50 million ZEC from grants treasury
The proposal would remove more than half of Zcash Community Grants' ZEC holdings from circulation and redirect its future block rewards into a new development and legal-defense fund.
Zcash (ZEC) holders and community panels will debate a draft proposal to remove 50,000 ZEC from the network's grant treasury between Monday, November 16 and November 30…
Zcash holders vote from 16 to 30 November proposal that would withdraw 50 thousand ZEC from the grant treasury and interrupt 8% of the issue
Zcash Community To Vote On Zcash Community Grants Reallocation
NoSmokeSport - Sports News & Latest Trending World News NoSmokeSport - Sports News & Latest Trending World News - Better Sport News Zcash holders will vote on a proposal to reallocate 50,000 ZEC from the Zcash Community Grants (ZCG) treasury, impacting future development funding. The post Zcash community to vote on Zcash Community Grants reallocation first appeared on NoSmokeSport - Sports News & Latest Trending World News and is written by Davi…
A proposal by the co-founders of Zcash proposes to move 50,000 ZEC from the treasury of grants to a reserve that would gradually distribute them to miners, in addition to ending the automatic contribution of 8% to the committee following the UN update.7 The vote scheduled for next week will put on the table how to balance mining rewards with development financing.
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