Zooko and Bowe back plan to move 50,000 ZEC from Zcash grants treasury
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.
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1H AGOYou’re reading thisZooko and Bowe back plan to move 50,000 ZEC from Zcash grants treasuryUnchained · Score 55
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4H AGOcrypto.news · Score 45 · via 50,000 ZEC, 50,000
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14H AGOcrypto.news · Score 25 · via Zcash grants, grants
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27 OCT · 22:20CryptoSlate · Score 35 · via $125M, ending
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27 OCT · 15:10Unchained · Score 35 · via 8% block, 8%
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27 OCT · 11:30Bitcoin.com News · Score 25 · via Bowe, Bowe plan
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27 OCT · 10:00Cointelegraph · Score 25 · via Zcash co-founder, grants
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27 OCT · 06:19crypto.news · Score 35 · via Grants, Bowe
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27 OCT · 06:14CoinDesk · Score 25 · via grants, Bowe