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Zcash co-founder proposes ending grants funding

TradingGain NewsroomTradingGain Newsroom··27 Oct 2026, 06:14 UTC

Zcash co-founder Sean Bowe has proposed ending grants funding, citing a $125 million treasury. Under the plan, the committee's 8% share of newly created ZEC would go to a reserve for future miners. Traders may watch this because it changes how new ZEC supply is allocated, though the committee would keep money it already received.

Why it matters

  • Newly created ZEC that would go to the committee would instead fund a reserve for future miners.
  • The plan would end the committee's grant spending from its 8% share of new ZEC.
  • Money the committee has already received would stay with it under the proposal.

What to watch next

Watch for a formal decision on the proposal and any update on how new ZEC is allocated.

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗
Zcash co-founder proposes ending grants funding
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