Zcash co-founder proposes redirecting 8% of block rewards to network reserve

Zcash co-founder Sean Bowe has proposed redirecting 8% of the network’s block subsidies from Zcash Community Grants to a reserve designed to support future mining rewards, potentially ending the grant program’s regular funding. Summary Zcash co-founder Sean Bowe has proposed redirecting the 8% share of block subsidies currently allocated to Zcash Community Grants to the Network Sustainability Mechanism. The proposal calls for ending new ZCG grant approvals while allowing previously approved milestones to be paid before transferring the remaining treasury funds to the reserve. The proposed changes would take effect with the NU8 upgrade, while the separate 12% allocation for Coinholder Grants and the existing mining reward share would remain unchanged. The proposal raises concerns over ZCG’s governance structure, arguing that funding decisions made by its committee do not always reflect the preferences of ZEC holders. The redirected ZEC would remain in the reserve until February 2031, when the Network Sustainability Mechanism is expected to begin releasing funds through future mining rewards. In a proposal published on the Zcash Community Forum, the author outlined a plan to stop all...