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Zcash Grants Committee Abandons Plan to Redirect 98,000 ZEC to Mining Rewards
(4 hours ago) · 1 source · Summarized by CryptoBipto
The Zcash Grants Committee has dropped a proposal that would have redirected approximately 98,000 ZEC from its treasury to future mining rewards. The decision means those funds will remain under the committee's control rather than being distributed to miners.
WHY IT MATTERS
In many cryptocurrency networks, new coins are created as rewards for miners or validators who help keep the network running.
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SOURCES
- coindesk.com
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ZECZcash GovernanceMining RewardsTreasury ManagementCrypto Funding