Zcash Marks 10 Years With 20% of Block Rewards Funding Development

Zcash marked its 10th anniversary Wednesday with a funding structure that sends 20% of block rewards to development, a model now facing a draft proposal to redirect one of its funding streams. The current arrangement allocates 20% of block rewards to ecosystem development, with 80% going to miners. That 20% portion was once called the Founders Reward; it now supports two distinct grant channels. “One important reason behind this continuous innovation has been the protocol’s consistent financial support for R&D,” said Zach Pandl, head of research at Grayscale.