Funding
Zcash Co-Founder Proposes Ending Grant Funding
Zcash co-founder Sean Bowe has proposed ending automatic funding for the privacy network's community grants program. His draft proposal would redirect the committee's 8% share of newly created ZEC into a reserve for future mining rewards. The committee would keep its existing assets and continue awarding grants from them. The proposal argues that continuing to allocate funds into ZCG's separate custody and governance arrangements adds risk when the program already has substantial reserves.