Zcash Co-Founder Sean Bowe Proposes Ending Grants Committee Funding, Citing $125M Treasury

Zcash co-founder Sean Bowe has put forward a proposal to stop funding the Zcash Community Grants committee, which currently receives 8% of newly minted ZEC. Under Bowe's plan, that share would instead go to a reserve for future miners, while the committee would retain the funds it has already accumulated. The move comes as the committee holds a treasury worth approximately $125 million, raising questions about the continued need for development subsidies. Bowe argues that redirecting the block reward would strengthen the network's long-term security by increasing miner incentives. The proposal is expected to spark debate within the Zcash community, as the grants program has been a key mechanism for funding ecosystem projects. If adopted, it would mark a significant shift in Zcash's economic model, potentially affecting developers and contributors who rely on committee support. The decision will ultimately rest with Zcash stakeholders, who must weigh the benefits of ongoing development funding against the need for a robust mining ecosystem.