Zcash grants group offers $124M compromise as governance backlash grows

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Zcash Community Grants proposed redirecting approximately $124 million in existing and future funding toward mining rewards. The plan would transfer 36,200 ZEC to the Network Sustainability Mechanism while forgoing roughly 62,000 ZEC in future allocations and gradually reducing remaining funding until the 2032 halving. The committee would retain about 55,200 ZEC, valued at approximately $70 million, and extend its reduced funding for four years beyond 2028. Helius and Gemini nevertheless rejected the proposal, arguing that it fails to address governance, accountability and treasury transparency concerns.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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