Zcash Community Grants (ZCG) has proposed moving about 36,200 ZEC from its roughly 91,500-ZEC treasury to the Network Sustainability Mechanism (NSM) for future mining rewards, while forgoing about 62,000 ZEC in future allocations and tapering its remaining funding until the 2032 halving. Together, the changes would redirect about 98,000 ZEC (about $124 million) toward block rewards, leaving the committee with about 55,200 ZEC, worth about $70 million. The group describes the plan as preliminary, but critics have pushed back: Helius co-founder and CEO Mert Mumtaz called it “nowhere near good enough” and said the treasury is already too large, while Gemini co-founder Tyler Winklevoss questioned the accountability of a committee overseeing $110 million. The criticism follows a proposal by Zcash co-founder Sean Bowe to end ZCG’s automatic 8% share of newly issued ZEC and redirect it to the NSM while leaving the existing treasury untouched.
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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 10/29/2026 | 1,223.00 |
| Change that session | -6.71% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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