Zcash Community Grants Abandons Its Own Funding Cut, Leaves Dev Fund’s Future to Governance
Photo: Unchained
Four days after offering to taper its income and move about 36,200 ZEC from its treasury into a reserve for future miners, the committee said Zcash’s usual governance process should settle what comes next. Zcash Community Grants (ZCG) , the committee funded by 8% of Zcash’s block rewards, has abandoned its own plan to shrink that funding and return some of its ZEC holdings to the network. The committee wrote in a forum post late Monday that it had “decided not to take this proposal forward,” four days after floating it.
Source: Unchained
