Zooko and Sean Bowe Back Plan to Pull 50,000 ZEC From Zcash’s Grants Treasury

Zcash founder Zooko Wilcox and longtime Zcash cryptographer Sean Bowe , who leads Tachyon Group , on Friday lined up behind a single plan for Zcash Community Grants (ZCG) to stop collecting block rewards and give up more than half of its ZEC, as a fight this week over the grants program’s swelling war chest played out on X and the project’s forum. The draft Zcash Improvement Proposal (ZIP), from Bowe’s group and Zooko’s Shielded Labs , would end ZCG’s 8% share of block rewards in a network upgrade after NU7 . That slice would instead pile up in a new Future Dev and Legal Defense Fund lockbox, frozen until a later ZIP decides how to spend it.

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