Zcash proposal would move 36.2k ZEC into a sustainability fund
A Zcash proposal would shift 36.2k ZEC into a sustainability mechanism, while Tyler Winklevoss argued against grant-based funding for development.
- published on Newsmetry
- original source published
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what happened
According to TradingView, a Zcash (ZECUSD) proposal would send 36,200 ZEC to the Network Sustainability Mechanism and keep roughly 55,200 ZEC for grants. The authors note that the current 8% share of the block reward is higher than the network requires.
Gemini CEO Tyler Winklevoss said Zcash is not a public good and should be funded by the market. He opposed grant-based and government-style mechanisms for backing development.
This is an AI-generated summary, so key details should be checked against the original sources.
why it matters
For Zcash miners, the issue is the size of the block reward. If the 8% share shrinks or part of it goes to the fund, revenue per block could change. The outcome depends on the ZEC price, fees and network difficulty, none of which the summary details.
tags
instruments
sources
- Key facts: CRYPTO:ZECUSD reallocates 36.2k; Winklevoss Rejects Grants — TradingView, 31 October 2026 at 12:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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