Zcash Could End Flow of Block Rewards to Community Grants as Polls Open Nov. 16

A proposal to end Zcash Community Grants (ZCG) , the grants program that receives part of Zcash’s Dev Fund, as a recipient of 8% of every block reward is now an official draft. The draft Zcash Improvement Proposal (ZIP), the format for changing the Zcash protocol and its rules, was merged into the project’s GitHub repository early on Nov. 11 UTC by ZIP editor Jack “str4d” Grigg. Draft status does not change anything onchain: the plan would need a later network upgrade to take effect. Its backers threw their support behind it on Oct. 30 amid debate over the size of ZCG’s treasury. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter .

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Unchained.