Zcash co-founder Sean Bowe proposed ending the automatic allocation of 8% of newly created ZEC to the Zcash Community Grants (ZCG) program and redirecting it to a reserve for future mining rewards. He estimates ZCG has about $125 million available after existing commitments, enough to cover years of spending, while the program's expenses were just over $1.5 million in the first quarter, about $6 million annualized, versus roughly $68 million a year in inflows. The proposal comes amid criticism of ZECsy, a team that demonstrated private payments at an adult-industry convention; it requested $550,000, and the committee approved about $461,500 for startup funding and the first nine milestones. Bowe's draft does not cite that grant, has no activation date, and would require a change to Zcash's network rules.
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Related tickers and likely impact
ZEC/USDT
• NeutralZcash
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% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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