Zcash co-founder calls to stop funding ‘over $125M’ grants program
Summary
The co-founder of Zcash has proposed halting the continuous funding of a major grants program because existing capital is sufficient for future projects. Under this proposal, the portion of new ZEC typically allocated to these grants would be redirected into a network reserve instead.
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.
Source: Read the full story at Cointelegraph.com News
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.