Zcash Co-Founders Clash Over Future of $125M Grant Fund
- —ZCG holds about 91,453 ZEC and $8.8 million in cash against $2.4 million in grant liabilities
- —Bowe proposes redirecting 8% of the block subsidy to the NSM instead of ZCG
- —Swihart wants both the ZCG and coinholder streams (about 216 ZEC a day) retired
- —The draft ZIP is unapproved, not part of NU7, and has no activation date
Why it matters: The outcome will shape how Zcash funds development after the halving and whether it adds selling pressure on ZEC.
Source: Bitcoin.com