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Zcash holders approve $8.39M in grants, rewarding security work amid a major bug fix.

Protocol Fundamentals
01 Oct 2026
Blockonomi
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Neutral
Zcash holders approve $8.39M in grants, rewarding security work amid a major bug fix.

Zcash holders approved $8.39 million in retroactive grants for 17 of 37 proposals in Q3 2026, covering 93.1% of requested funds. Notably, researcher Taylor Hornby received $1.5 million for discovering a critical counterfeiting bug in the Orchard protocol, which could have allowed fake ZEC creation. The vote showed strong participation with about 2.18 million ZEC, reflecting confidence in Zcash's decentralized funding system. Meanwhile, ZEC price cooled to around $1,407 after a September rally, and a whale consolidated $66.19 million worth of ZEC in a main wallet. The next grant round opens Oct 30-Nov 13, with voting in December.

Zcash remains steady on Pluang, trading at Rp25.254.631 with a slight 0.44% gain as of Oct 01, 2026 16:41 WIB. The market cap stands at Rp7,04 trillion, showing solid investor interest despite recent grant approvals and whale activity.

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