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Zcash’s $125 million funding fight widens as Tyler Winklevoss calls to end its ‘USAID’

CryptoSlate
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Zcash’s $125 million funding fight widens as Tyler Winklevoss calls to end its ‘USAID’

Zcash faces competing proposals to scrap or extend developer subsidies as growing investor interest swells the privacy network's funding reserves. The debate intensified after Zcash co-founder Sean Bowe proposed ending automatic payments to Zcash Community Grants (ZCG), arguing that the program already controls enough resources to finance years of development without additional subsidies. His proposal… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. Zcash faces competing proposals to scrap or extend developer subsidies as growing investor interest swells the privacy network's funding reserves.
  2. The debate intensified after Zcash co-founder Sean Bowe proposed ending automatic payments to Zcash Community Grants (ZCG), arguing that the program already controls enough resources to finance years of development without additional subsidies.
  3. His proposal… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.