Grayscale says Zcash turns 10 as developer funding model supports protocol upgrades

Grayscale says Zcash turns 10 as developer funding model supports protocol upgrades

N
News Editor
2026-10-27 00:40:24
Asset manager Grayscale said in a report that privacy cryptocurrency Zcash is marking its 10th anniversary this week. The report said Zcash’s ability to keep innovating is due in part to its practice of directing 20% of block rewards to developer funding. It also outlined the protocol’s progression from the Sprout pool to Sapling and Orchard. According to Grayscale, the Ironwood pool, launched in 2026, added quantum-resistant addresses and formal verification to address code vulnerabilities. Grayscale also said it hopes and expects Zcash to keep expanding transaction capacity while preparing for the post-quantum era and AI-driven cybersecurity risks, a process that may require continued funding from multiple parties and efficient capital allocation.

Asset manager Grayscale said in a report that privacy cryptocurrency Zcash is celebrating its 10th anniversary this week.

Developer funding and protocol evolution

The report said Zcash’s capacity for continued innovation comes in part from allocating 20% of block rewards to developer funding. It added that the protocol has evolved from the Sprout pool to Sapling and Orchard.

Ironwood adds post-quantum features

According to the report, the Ironwood pool introduced in 2026 added quantum-resistant addresses and formal verification to address code vulnerabilities.

What Grayscale said next

Grayscale said it hopes and expects Zcash to continue expanding transaction capacity and prepare for the post-quantum era as well as AI-driven cybersecurity risks. The firm added that this may require sustained funding from multiple parties and efficient allocation of those resources.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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