Decade of Privacy Tech Progress Tied to Zcash’s 20% Developer Fund, Grayscale Says
Photo: TheCoinrise
The asset manager points to Zcash's dedicated development funding model as it marks ten years since launch. Grayscale has pointed to Zcash's developer funding mechanism as a central reason for the privacy coin's sustained technical evolution over the past ten years. The asset manager's comments coincide with Zcash reaching its tenth anniversary, a milestone that has drawn attention back to the project's unusual approach to funding its own development. Zcash has long allocated roughly 20% of its mining rewards to a dedicated development fund. That structure diverges from many other proof-of-work networks, where miners alone capture block rewards.
Source: TheCoinrise
