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Zcash Community Votes to Allocate 20% of Network Mining Rewards to Support Development

Claudia Rivera

Summary: In order to support the development of privacy amongst the cryptocurrency markets, Zcash members voted for 20% of mining rewards to go to a development fund, while miners get 80% of block 1,046,400 (The Block Crypto).  The funds will be distributed throughout different parties as such: the Electric Coin Company which will get 7%, Zcash ...

In order to support the development of privacy amongst the cryptocurrency markets, Zcash members voted for 20% of mining rewards to go to a development fund, while miners get 80% of block 1,046,400 (The Block Crypto). 

The funds will be distributed throughout different parties as such: the Electric Coin Company which will get 7%, Zcash Foundation 5%, and lastly third party grant developers who will get 8% starting November 2020.

By Claudia Rivera

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Link: Zcash Community Votes to Allocate 20% of Network Mining Rewards to Support Development   [Copy]
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