Zcash co-founder Sean Bowe proposed ending automatic payments to Zcash Community Grants (ZCG), saying it had enough money to keep funding projects. His draft would redirect ZCG’s 8% share of the Zcash block subsidy to the Network Sustainability Mechanism until the current funding period ends in 2028. It would leave ZCG’s existing funds untouched.
Bowe said ZCG had over $125 million in funding and would receive millions more before the payments stopped. ZCG’s dashboard separately listed 91,453 ZEC and $8.8 million in cash, with $2.4 million in outstanding grant commitments; the ZEC was worth about $111 million at press time.
