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Zcash Security Fund Draws 99.7 Percent of Capital From Existing Sources
(1 hour ago) · 1 source · Summarized by CryptoBipto
A newly established security fund for the Zcash network has reportedly sourced 99.7% of its capital from previously existing funds rather than new contributions. The finding raises questions about the actual level of fresh financial commitment to Zcash's security infrastructure.
WHY IT MATTERS
When a cryptocurrency project announces a new security fund, it can sound like a major investment in keeping the network safe.
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SOURCES
- cryptoslate.com
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ZECZcashCrypto GovernanceSecurity FundingProject Transparency