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Zcash Co-Founder Wants to End Grants Funding Stream

Bitcoinist
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Zcash Co-Founder Wants to End Grants Funding Stream

Zcash co-founder Sean Bowe has proposed halting the automatic 8% ZEC allocation to Zcash Community Grants, citing a treasury of about $125 million. TLDR Zcash co-founder Sean Bowe has proposed ending the automatic 8% share of newly created ZEC that goes to Zcash Community Grants (ZCG). Bowe estimates the program holds about $125 million after […]

Key Takeaways

  1. Zcash co-founder Sean Bowe has proposed halting the automatic 8% ZEC allocation to Zcash Community Grants, citing a treasury of about $125 million.
  2. TLDR Zcash co-founder Sean Bowe has proposed ending the automatic 8% share of newly created ZEC that goes to Zcash Community Grants (ZCG).
  3. Bowe estimates the program holds about $125 million after […]
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.