Sean Bowe’s proposal would send the committee’s 8% share of newly created ZEC to a reserve for future miners. The committee would keep the money it has already received. Zcash co-founder Sean Bowe proposed ending the automatic allocation of 8% of newly created ZEC to Zcash Community Grants and redirecting it to a reserve for future mining rewards. Bowe estimates that the grants program has about $125 million available after existing commitments, enough to fund years of spending even if ZEC’s pr…
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