The Zcash grants committee (ZCG) has withdrawn a proposal to allocate about 98,000 ZEC to future mining rewards following opposition from the community. The proposal, submitted on October 29, aimed to redirect these funds but was abandoned as the committee agreed future allocations should follow Zcash's standard governance process. ZCG currently receives 8% of newly issued ZEC and collects roughly 144 ZEC daily until a network upgrade changes the rules. Funding controversies and failed reform proposals have left the committee's share tied to existing rules for now, with no new framework approved.
The Zcash grants committee's recent withdrawal of a proposal to redirect 98,000 ZEC provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 05, 2026 03:51 WIB: out of 50 priced assets, 42 rose and 7 fell today. Notable movers include Ethereum (ETH) at Rp43.876.521 with a 5.56% increase and a typical hold time of 108 days, Uniswap (UNI) at Rp137.894 up 5.16%, and Curve DAO Token (CRV) at Rp4.991 with a 5.14% rise. The most notable figure is ETH's 5.56% gain.
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