Zcash Proposal Would Redirect Grants Funding to Future Miners
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Sean Bowe has proposed redirecting the Zcash grants committee’s share of new ZEC to a reserve for future miners, citing a $125 million treasury.
Sean Bowe has proposed ending new funding for Zcash’s grants committee, pointing to its $125 million treasury, according to CoinDesk.
The proposal would redirect the committee’s 8% allocation of newly issued ZEC into a reserve intended for future miners.
The committee would retain funds it has already received. The change would therefore affect future allocations rather than transfer its existing treasury.
Source: CoinDesk