Zcash co-founder proposes redirecting 8% of block rewards to network reserve

Zcash co-founder Sean Bowe has proposed redirecting 8% of the network's block subsidies from Zcash Community Grants to a reserve designed to support future mining rewards, potentially ending the grant program's regular funding. Zcash co-founder Sean Bowe has proposed redirecting the 8% share of block subsidies currently allocated to Zcash Community Grants to the Network Sustainability Mechanism. The proposal calls for ending new ZCG grant approvals while allowing previously approved milestones to be paid before transferring the remaining treasury funds to the reserve.

Also reported by Crypto Briefing.

Source: crypto.news