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NEUTRAL 35 crypto.news 7D ago · 1 min read 1 read

Zcash grants group drops plan to send 98,000 ZEC to miners after backlash

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AI summary

Zcash Community Grants has withdrawn a proposal to redirect 98,000 ZEC to miners after community backlash. The reversal leaves competing proposals unresolved over how to allocate the group's $129M in funding. Traders watching ZEC governance should note the decision is deferred rather than settled, keeping uncertainty over the treasury's direction alive.

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Narrative history
12 linked stories · 6 outlets · since 27 Oct
  1. 1H AGO
    Zcash vote would pull 50,000 ZEC, worth $50 million, from grants treasury
    CoinDesk · Score 45 · via grants treasury, 50,000 ZEC
  2. 4 NOV · 11:29
    You’re reading this
    Zcash grants group drops plan to send 98,000 ZEC to miners after backlash
    crypto.news · Score 35
  3. 4 NOV · 08:04
    Zcash grants committee withdraws plan to redirect 98,000 ZEC to mining rewards
    CoinDesk · Score 25 · via 98,000, 98,000 ZEC
  4. 30 OCT · 20:15
    Zooko and Bowe back plan to move 50,000 ZEC from Zcash grants treasury
    Unchained · Score 55 · via Zcash grants, grants
  5. 30 OCT · 17:09
    Zcash developers propose ending ZCG funding and moving 50,000 ZEC
    crypto.news · Score 45 · via 50,000 ZEC, 50,000
  6. 30 OCT · 11:36
    Zcash grants group floats $124M mining-reward shift as governance backlash grows
    Cointelegraph · Score 45 · via grants group, Zcash grants
  7. 30 OCT · 07:13
    Winklevoss twins call for Zcash grants committee to be scrapped
    crypto.news · Score 25 · via Zcash grants, grants
  8. 27 OCT · 22:20
    Zcash $125 million funding fight widens as Winklevoss backs ending subsidies
    CryptoSlate · Score 35 · via $125M, ending
  9. 27 OCT · 15:10
    Zcash devs split over draft ZIP to end 8% block share for grants program
    Unchained · Score 35 · via 8% block, 8%
  10. 27 OCT · 11:30
    Zcash co-founders clash over $125M grant fund as Swihart rejects Bowe plan
    Bitcoin.com News · Score 25 · via Bowe, Bowe plan
  11. 27 OCT · 10:00
    Zcash co-founder seeks halt to over $125M grants program funding
    Cointelegraph · Score 25 · via Zcash co-founder, grants
  12. 27 OCT · 06:19
    Zcash co-founder proposes moving 8% of block rewards to mining reserve
    crypto.news · Score 35 · via Grants, Bowe
  13. 27 OCT · 06:14
    Zcash co-founder proposes ending grants funding, citing $125 million treasury
    CoinDesk · Score 25 · via grants, Bowe
Most read · 72h