Zcash Co-Founder Proposes Redirecting 8% of Block Subsidies to Network Sustainability Mechanism
Zcash co-founder and protocol developer Sean Bowe has submitted a draft Zcash Improvement Proposal (ZIP) to end the 8% block subsidy allocation to Zcash Community Grants (ZCG) and redirect it to the Network Sustainability Mechanism (NSM), withholding the funds from immediate circulation. The proposal argues that ZCG's existing reserves are sufficient to sustain its grant-making activities. It would leave ZCG's existing treasury, the separate 12% Coinholder-Controlled Fund allocation, miners' subsidy share, and ZEC's maximum supply unchanged.
Grayscale Says Zcash's 20% Developer Funding Has Fueled a Decade of Innovation
Grayscale, a leading digital asset manager, highlighted Zcash's (ZEC) continued innovation ahead of its 10th anniversary on October 28, attributing part of its progress to the allocation of 20% of block rewards to developer funding. The privacy-focused cryptocurrency has evolved through multiple shielded pools, from Sprout and Sapling to Orchard and the 2026 Ironwood upgrade, which introduced quantum-recoverable addresses and formal verification to address security vulnerabilities.
Highlight Clip: Chris Dixon: Why Expand a16z Crypto into a16z Frontier?
Chris Dixon: Why Expand a16z Crypto into a16z Frontier? On October 23, 2026, a16z Managing Partner Chris Dixon said the expansion of a16z Crypto into a16z Frontier reflects the increasingly blurred boundaries between crypto, fintech, Wall Street, and mainstream technology. Stablecoins have become a standard tool for fintech companies, while asset tokenization is growing rapidly. The team will explore frontier areas that remain underserved by existing investment efforts, continuing its approach of identifying investment opportunities in the second-order effects of technological advances.
Sixpence to run points campaign on Robinhood Chain with 10,000 USDG rewards
Sixpence, an onchain money market for tokenized U.S. stocks, will run a points campaign on Robinhood Chain from October 26 at 00:00 to November 23 at 00:00 (UTC), with a total reward pool of 10,000 USDG, split into two periods of 5,000 USDG each. Sixpence allows users to borrow stablecoins against tokenized U.S. stocks such as AAPL, TSLA, and NVDA, or deposit stock tokens into a Vault to earn interest. The project raised $5 million in seed funding from investors including a16z CSX.