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Crypto DeFi

Zcash Grants Group Proposes $124M Mining-Reward Compromise Amid Governance Backlash

The Zcash Community Grants group proposed redirecting about $124 million in existing and future funding toward mining rewards. Critics say the plan fails to address governance and accountability concerns as backlash grows. The proposal comes as the community debates how Zcash development funding should be allocated.

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AI take

The headline number obscures the real issue: this is a fight over who controls Zcash's development purse, not over mining economics. Redirecting funds toward miners shifts leverage away from the grants structure that critics say already lacks accountability, so the backlash is less about the amount than about process. What's worth watching is whether the proposal's supporters can separate the funding question from the governance one — the two are now fused, and the community's answer will signal how much appetite exists for reworking Zcash's funding model at all.

Generated by AI for reference only.

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