A major update for Zcash ($ZEC ) strengthens its leadership in financial privacy!
News details: Grayscale highlights Zcash’s self-funded development model: 80% of mining rewards go to miners, while 20% is allocated to the developers’ fund for research and development, independent of venture capital.
Recent development: Part of this funding was recently directed toward operating Ironwood, a new pool with advanced privacy features and compatibility with secure financial verification.
Impact on the currency ($ZEC ):
It strengthens the network’s self-sustainability without selling pressure from traditional investors or venture capital.
The technical updates and the new Ironwood pool reinforce security and privacy, positively influencing investor confidence and the market’s outlook for the currency.
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