Zcash Developers Split Over Where Grants Program’s 8% Block Share Should Go
By Unchained
AI summary of the source article
Zcash co-founder Sean Bowe published a draft proposal to eliminate Zcash Community Grants' 8% share of the block subsidy and redirect it to the Network Sustainability Mechanism. Other developers, including Josh Swihart and Ian Miers, pushed back against the plan.
Key facts
- Sean Bowe's draft ZIP would end Zcash Community Grants' 8% block subsidy share and redirect it to the protocol-level Network Sustainability Mechanism.
- ZODL founder Josh Swihart argued against killing only one part of the dev fund, calling to retire both ZCG and coinholder streams together.
- Cryptographer Ian Miers warned that redirecting funds to the NSM could turn it into a 'dev-fund-in-waiting' that 'just pays miners with more steps.'
Source excerpt · Unchained
A draft ZIP would stop new ZEC flowing to ZCG. ZODL's Josh Swihart wants the coinholder fund shut too, and Ian Miers doubts the NSM is the right home for the issuance. The post Zcash Developers Split Over Where Grants Program’s 8% Block Share Should Go appeared first on Unchained .