Zcash ($ZEC ): Co‑founder urges halt to $125M grants program

Zcash co‑founder Sean Bowe publicly called for an end to the grants program that has allocated over $125 million to date. He argued that the Zcash Community Grants (ZCG) pool already holds sufficient capital to keep supporting ongoing projects. Bowe also proposed that the share of newly issued ZEC earmarked for future grants be redirected into a reserve fund for the network. This shift could bolster Zcash’s long‑term financial health by building a dedicated reserve, while curbing further large‑scale grant disbursements may refocus resources toward core development and network security.

**$ZEC**