Zcash Founder’s Plan: Lock Grant Money, Give $62M to Miners
Photo: Coindoo
Key Takeaways Grants’ 8% subsidy share would be locked. No one could spend it without another ZIP. Treasury runway swings from 3.5 to 9 years. 50,000 ZEC would flow back via future rewards. The October 30 proposal , from Sean Bowe of Tachyon Group and Shielded Labs’ Zooko Wilcox and Jason McGee, remained an open, unimplemented draft as of October 31. Two pots of money Zcash Community Grants, or ZCG, currently receives 8% of every block subsidy.
Source: Coindoo
