Zcash co-founder Sean Bowe has proposed redirecting the 8% of block subsidies currently allocated to Zcash Community Grants (ZCG) to the Network Sustainability Mechanism (NSM), aiming to end new grant approvals while honoring existing commitments. This change, set to take effect with the NU8 upgrade, would keep the redirected funds in reserve until 2031 to support future mining rewards, addressing concerns that ZCG's governance does not fully represent ZEC holders' preferences. The proposal maintains the 12% allocation for Coinholder Grants and existing mining rewards, suggesting development funding could continue through other channels like private investment and coinholder grants. Community feedback is invited before moving forward with the funding shift.
The Zcash co-founder's proposal to redirect 8% of block rewards to a network reserve is noted here with Pluang's market snapshot as of Oct 27, 2026 13:41 WIB. Among 50 major cryptocurrencies, 28 rose and 19 fell today. EOS gained 8.13% to Rp12.649, ZIL rose 4.65% to Rp36, while VET dropped 3.61% to Rp117, with respective typical hold times on Pluang of 87, 134, and 148 days.
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