Zcash turns 10 as Grayscale credits developer funding for innovation

Grayscale has credited Zcash's allocation of 20% of block rewards to development funding for supporting a decade of privacy and security upgrades as the cryptocurrency approaches its tenth anniversary on October 28. Grayscale credits Zcash's 20% developer allocation with supporting continued protocol upgrades. Miners receive 80% of block rewards, while development programs receive the remaining 20%. Ironwood introduced formally verified supply protections and quantum-recoverable notes in July 2026. Zcash's current funding arrangement divides block rewards between two grant programs. According to an October 26 research report, Zach Pandl, Grayscale's head of research, said the funding arrangement has helped Zcash (ZEC) continue improving its technology through prolonged bear markets and periods of weak token performance.

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