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Zcash Co-Founder Calls for Halt to Controversial $125M Grants Funding Amid Split in Community

Zcash Co-Founder Calls for Halt to Controversial $125M Grants Funding Amid Split in Community

Zcash Co-Founder Urges Halt to $125M+ Grants Program Funding
Zcash Co-Founder Urges Halt to $125M+ Grants Program Funding

Zcash co-founder Sean Bowe has floated a plan to end the automatic funding stream from Zcash block rewards to the Zcash Community Grants (ZCG) program, arguing the treasury is already large enough...

Zcash Co-Founder Urges Halt to $125M+ Grants Funding Program
Zcash Co-Founder Urges Halt to $125M+ Grants Funding Program

Zcash co-founder Sean Bowe has proposed ending the project’s automatic funding stream to the Zcash Community Grants (ZCG) program, arguing the grants treasury is already sufficiently resourced to...

Zcash Co-Founder Wants to End Grants Funding Stream
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...

Zcash co-founder calls to stop funding ‘over $125M’ grants program
Zcash co-founder calls to stop funding ‘over $125M’ grants program

Sean Bowe says ZCG has enough money to keep funding projects and wants its share of new ZEC redirected to a reserve for the network.

Zcash co-founder proposes ending grants funding, citing $125 million treasury
Zcash co-founder proposes ending grants funding, citing $125 million treasury

Sean Bowe’s proposal would send the committee’s 8% share of newly created ZEC to a reserve for future miners. The committee would keep the money it has already received.

Zcash co-founders split over $125M grants fund as miners stand to gain
Zcash co-founders split over $125M grants fund as miners stand to gain

Zcash co-founders Josh Swihart and Sean Bowe are engaged in a public dispute over a Bowe-fronted proposal to cut off and reroute the 8% block reward pipeline that funds the Zcash Community Grants...

Zcash Co-founder Sean Bowe Proposes Ending ZCG Funding Stream, Citing $125M Treasury
Zcash Co-founder Sean Bowe Proposes Ending ZCG Funding Stream, Citing $125M Treasury

Zcash developers are now focusing on where to redirect funding away from ZCG, which already holds over $100 million in its treasury.

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

Zcash Draft Seeks to Redirect 8% Mining Rewards From Grants to Network Reserve
Zcash Draft Seeks to Redirect 8% Mining Rewards From Grants to Network Reserve

A new draft ZIP would end Zcash Community Grants' 8% block-subsidy stream and redirect it to the Network Sustainability Mechanism, sparking community debate.

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