Zcash grants committee drops plan to redirect 98,000 ZEC to future mining rewards
Summary
The Zcash grants committee has cancelled its controversial proposal to shift a large amount of cryptocurrency toward future mining rewards. This decision followed strong opposition from the community. As a result, other competing proposals addressing the future of the grants system and its funding remain under consideration.
The committee withdrew its proposal after community backlash, leaving competing plans to cut off its funding or preserve the existing grants system.
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