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CryptoTelegramFiled 10 h ago

[CoinDesk] Zcash grants committee drops plan to redirect 98,000 ZEC to future mining reward...

Open the sourceReported by Telegram, t.me, 4 November 2026, by CoinDeskGlobal
Impact 30 of 100, routine

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The Zcash grants committee withdrew its proposal to redirect 98,000 ZEC toward future mining rewards after community backlash, leaving competing plans to either cut off its funding or preserve the existing grants system. The reversal matters because it keeps the disputed ZEC allocation in play rather than locking it into mining incentives, with the token's funding model now hinging on which alternative the community backs. What to watch next is whether stakeholders rally behind defunding the committee or maintaining the current grants structure.

Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.

Named in this story

Zcash (ZEC), Zcash grants committee

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