Zcash Coinholders Vote Nov. 16 on Ending Block Rewards to Grants Program

The proposal's real weight lies less in the 8% shift than in where it lands: a locked fund with no spending rules, which converts a defined grant stream into an unresolved governance question. That affects grant recipients and the coinholder electorate more than anyone else, since the vote itself becomes a test of how Zcash allocates control. Whether the locked share acquires spending rules, and how the grants treasury absorbs the 50,000 ZEC outflow, are the open questions worth watching.