Zcash Co-Founders Clash Over Future of $125M Grant Fund

ZODL founder Josh Swihart has opposed a proposal by Zcash co-founder Sean Bowe to disable only the Zcash Community Grants funding stream, calling the move a “half measure” that creates market uncertainty. Zcash Open Development Lab (ZODL) founder Josh Swihart has pushed back against fellow Zcash co-founder Sean Bowe’s proposal to disable the Zcash Community Grants (ZCG) funding stream, warning that doing so in isolation would only fuel community division and market uncertainty. Swihart argued that rather than relying on a “half measure,” the ecosystem should completely retire the entire development fund, meaning discontinuing allocations to both ZCG and coinholder streams. “It’d be a mistake to kill only one part of the dev fund,” Swihart said in reply to Bowe’s post calling for the sunsetting of the ZCG funding stream.

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