Zcash co-founder Sean Bowe has proposed ending the automatic funding stream to Zcash Community Grants (ZCG), saying the program already holds over $125M and that its treasury is large enough to keep funding projects without further automatic payments. A draft GitHub proposal would redirect ZCG's 8% share of the ZEC block subsidy to the network's sustainability reserve until the current funding period ends in 2028, leaving existing funds untouched. According to ZCG's dashboard, it held 91,453 ZEC and $8.8 million in cash, with $2.4 million in outstanding grant commitments, and the ZEC holdings alone were worth about $111 million at press time. Earlier, in September, Haseeb Qureshi of Dragonfly proposed ending the Zcash developer fund when its current funding period expires, warning that it risks being 'politicized' as it approaches $100 million in value.
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Original headline: Zcash co-founder calls to stop funding ‘over $125M’ grants program
Read the original on Cointelegraph ↗
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Related tickers and likely impact
ZEC/USDT
▼ Likely negativeZcash
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Privacy |
| Market cap | $20.2B |
| Close on 10/26/2026 | 1,233.26 |
| Change that session | +1.61% |
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