A new community proposal seeks to redirect a significant portion of the Zcash Community Grants treasury toward a new fund focused on development and legal defense.
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A new community proposal seeks to redirect a significant portion of the Zcash Community Grants treasury toward a new fund focused on development and legal defense.
Polling starts Nov. 16 on a draft that would end ZCG's 8% funding stream and build a locked development and legal-defense reserve. The proposal could shift Zcash's development funding model, impacting future grant availability and potentially altering miner incentives. The post Zcash holders to vote on pulling 50,000 ZEC from the grants treasury appeared first on Crypto Briefing.
The proposal would remove more than half of Zcash Community Grants' ZEC holdings from circulation and redirect its future block rewards into a new development and legal-defense fund.
The Defiant reported the story as "Zcash Plan Would Pull 50,000 ZEC From Grants Treasury."
3 sources have covered this story, including The Defiant, Crypto Briefing and CoinDesk. The earliest reporting in the cluster landed about 7 hours ago.
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Left 0Center 3Right 0No left or right outlets yet.
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Who carried it, in order
- FirstCoinDeskNov 12, 12:49 AM ET · United StatesCenter
- +5mCrypto BriefingNov 12, 12:54 AM ET · United StatesCenter
- +14mThe DefiantNov 12, 1:03 AM ET · United StatesCenter
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[01] VerifiedCore event reported by 3 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.