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Zooko and Bowe back plan to move 50,000 ZEC from Zcash grants treasury

Zooko and Bowe back plan to move 50,000 ZEC from Zcash grants treasury
AI summary

Zcash founders Zooko Wilcox and Sean Bowe are backing a joint proposal to pull 50,000 ZEC from the Zcash Community Grants treasury. The plan would end the grants committee's 8% cut of block rewards and move roughly $61 million of ZEC into a reserve for future miner payouts, one day after the committee floated a gradual taper. Traders should watch how the shift in emission allocation affects ZEC supply dynamics and miner incentives.

Narrative history
8 linked stories · 6 outlets · since 27 Oct
  1. 1H AGO
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    Zooko and Bowe back plan to move 50,000 ZEC from Zcash grants treasury
    Unchained · Score 55
  2. 4H AGO
    crypto.news · Score 45 · via 50,000 ZEC, 50,000
  3. 14H AGO
    crypto.news · Score 25 · via Zcash grants, grants
  4. 27 OCT · 22:20
  5. 27 OCT · 15:10
  6. 27 OCT · 11:30
    Bitcoin.com News · Score 25 · via Bowe, Bowe plan
  7. 27 OCT · 10:00
    Cointelegraph · Score 25 · via Zcash co-founder, grants
  8. 27 OCT · 06:19
  9. 27 OCT · 06:14
Most read · 72h