Zcash community weighs $125M treasury as dev-funding fight intensifies

The fight is less about the $125 million than about governance legitimacy: an 8% automatic allocation is a structural commitment, and repurposing it via founder proposal tests how much unilateral control the community will tolerate. The split among prominent backers—some pushing deeper cuts, others defending a long glide path—signals the outcome will set precedent for how Zcash funds development going forward. Watch whether the debate converges on a formal governance vote or stays a contest of competing proposals; the tenth-anniversary timing raises the stakes on how the project presents its decision-making to the wider market.