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Grayscale credits Zcash’s 20% developer funding with a decade of innovation

Grayscale credits Zcash’s 20% developer funding with a decade of innovation

Photo: Crypto Briefing

The asset manager argues that Zcash's built-in budget for builders has powered years of privacy tech progress ahead of the NU7 upgrade Grayscale is making the case that Zcash ’s most underrated feature isn’t its privacy tech. It’s the paycheck. The asset manager says Zcash’s practice of routing 20% of block rewards to developers has supported a decade of innovation on the network. Every time a new block is mined on Zcash, freshly created ZEC gets distributed. Under the structure Grayscale highlights, miners keep 80% of block rewards. The remaining 20% is set aside for development and ecosystem work.

Source: Crypto Briefing

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