Zcash co-founder suggests halting automatic developer grant payments

Community Trust Score Verified 93 % Real Verified 46 votes Updated 39 seconds ago Zcash co-founder Sean Bowe has proposed ending automatic payments to the Zcash Community Grants (ZCG) program, a move that has intensified a debate over the privacy network’s developer subsidy structure. Bowe argued that the ZCG program already controls enough resources to finance years of development without additional subsidies from the network’s reserves. The proposal stems from a significant shift in the Zcash ecosystem’s financial position. Growing investor interest in the privacy network has swelled its funding reserves to $125 million.

Source: The Currency Analytics