Zcash Community Grants scraps plan to reroute 98,000 ZEC after backlash
Zcash Community Grants has abandoned a proposal to redirect about 98,000 ZEC toward future mining rewards, according to Cointelegraph. The about-face followed pushback from the Zcash community, which balked at the change to how the tokens would be used.
Zcash Community Grants has dropped a plan to redirect roughly 98,000 ZEC toward future mining rewards, according to Cointelegraph. The reversal came after the community pushed back on the idea.
The proposal would have moved the tokens out of their current purpose and into funding mining rewards down the road. That's a meaningful chunk of ZEC, and word of it drew enough friction that the grants body backed off.
Community Grants is the outfit that doles out funding for work across the Zcash ecosystem. When it floats a change to how ZEC is used, holders pay attention — and this time they made their feelings clear enough to kill the plan.
For now, the 98,000 ZEC stays put rather than heading toward miners. The grants body hasn't laid out an alternative use for the tokens, and it's unclear whether a revised version of the idea comes back.
The episode is a reminder of who actually holds the leash in Zcash: the people running nodes, holding coins and arguing in the forums. A plan can look tidy on paper and still fold the moment the community says no.
TopicsZcash · ZEC · Zcash Community Grants
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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