🇺🇸 Zcash Co-founder Sean Bowe Proposes Ending ZCG Funding Stream, Citing $125M Treasury
- Zcash co-founder Sean Bowe proposed ending the 8% block reward share to Zcash Community Grants (ZCG), which currently holds over $125 million, and redirecting it to the Network Sustainability Mechanism (NSM).
- Bowe's draft Zcash Improvement Proposal (ZIP) suggests that ZCG can still approve grants from its existing treasury while the funding stream is turned off.
- Other proposals are emerging in the Zcash community, with some members advocating for broader changes to the development fund structure, including the termination of the Coinholder-Controlled Fund.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
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- Zcash co-founder Sean Bowe proposed ending the 8% block reward share to Zcash Community Grants (ZCG), which currently holds over $125 million, and redirecting it to the Network Sustainability Mechanism (NSM).
- Bowe's draft Zcash Improvement Proposal (ZIP) suggests that ZCG can still approve grants from its existing treasury while the funding stream is turned off.
- Other proposals are emerging in the Zcash community, with some members advocating for broader changes to the development fund structure, including the termination of the Coinholder-Controlled Fund.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Finance
