Zcash Community Grants Drops Plan to Cut Own Funding, Defers Dev Fund to Governance

The swift reversal matters less for the ZEC involved than for what it reveals about Zcash's governance instincts: a funding body floated a structural change to its own revenue and then deferred to process when pushback arrived. That deference sets a precedent — the Dev Fund's future now sits with the broader governance mechanism rather than with the committee that administers it. The open question is whether that mechanism can move faster than the four-day cycle that just played out, since a reserve for future miners implies long-term planning the existing process may not be built for.