Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics
←Back to story

Zcash Grants Group Proposes Redirecting $124 Million in Funding to Mining Rewards; Industry Criticizes Plan

EnView source article

Part of story

Zcash Community Grants proposes returning $46M from treasury amid governance criticism

Zcash Community Grants has proposed redirecting approximately $46 million in Zcash tokens from its treasury to mining rewards as part of a broader plan involving $124 million in funding. Critics, including the Winklevoss twins, are demanding the committee be dissolved and control given directly to ZEC token holders, calling the current governance structure unaccountable.

Oct 30, 2026·4 sourcesBlockchain governanceTokenomicsDAOs & governanceCryptocurrenciesCrypto privacy & surveillanceAltcoinsZcashPrivacy coins
Zcash Community Grants proposes returning $46M from treasury amid governance criticism
00

Other sources for this story

Blockonomi

Winklevoss Twins Call on Zcash to Scrap $125 Million Grants Committee

Cointelegraph

Zcash Grants Group Offers $46M Amid Governance Backlash

Cryptopolitan

Zcash grants committee offers $46M back as critics demand coinholder control - Cryptopolitan