Sean Bowe, Zcash co-founder, proposed stopping the automatic 8% block subsidy allocation to Zcash Community Grants (ZCG) and redirecting these funds to the network sustainability mechanism (NSM). The draft suggests temporarily withholding this allocation from circulation, citing ZCG's current holdings of 91,453 ZEC and $8.8 million in assets as sufficient for future grants without ongoing subsidies. The proposal maintains Zcash's supply cap and miners' subsidy shares, and does not affect a separate 12% allocation controlled by token holders. This change aims to better manage Zcash's funding and sustainability.
Regarding the Zcash draft proposal, here is Pluang's market snapshot as of Oct 27, 2026 10:01 WIB: Out of 50 major cryptocurrencies priced on Pluang, 34 rose and 14 fell today. Notable movers include UNI at Rp128.060 with a 4.04% increase and a Pluang order activity of 63% Buy, COMP at Rp397.649 with a 3.72% rise but 100% Sell activity, and ENJ at Rp457 with a 3.66% gain and 69% Buy activity. The most notable figure today is UNI's 63% Buy order activity on Pluang.
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On October 26, 2026, altcoin spot ETFs showed varied investor activity: Zcash (ZEC) and NEAR ETFs recorded net inflows, while XRP, Solana (SOL), and Hyperliquid (HYPE) ETFs experienced net outflows. Notably, XRP ETFs withdrew $3.61 million, mainly fr...
Zcash co-founder Sean Bowe proposed ending the 8% block subsidy currently allocated to Zcash Community Grants (ZCG) and redirecting it to the Network Sustainability Mechanism (NSM) reserve, where the funds would be held out of circulation. This chang...
