Tachyon Group and Shielded Labs have put forward a joint proposal to cut off future funding for the Zcash Community Grants program, or ZCG. The proposal also calls for a 50,000 ZEC donation from the treasury while keeping ZCG in place to support new grant projects. Zcash co-founder Zooko Wilcox announced the joint proposal on Oct. 30 in UTC time. The development was cited by Crypto.news and carried by Techub News. The proposal, as described in the source brief, combines two elements: ending future funding for ZCG and retaining the grants body for new funding initiatives. No additional financial details, voting timeline, or implementation schedule were disclosed in the provided source text.
Tachyon Group and Shielded Labs have submitted a joint proposal to end future funding for Zcash Community Grants, or ZCG.
The proposal asks for a 50,000 ZEC donation from the treasury while keeping ZCG in place to support new grant projects.
Zcash co-founder Zooko Wilcox announced the joint proposal on Oct. 30, UTC. The development was cited by Crypto.news.
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