Key Takeaways
- • Josh Swihart, founder of the Zcash Open Development Lab, urged ending both block-reward funding streams to improve certainty and sustainability for the Zcash network.
- • Swihart proposes redirecting all funds into the Network Sustainability Mechanism, going further than Sean Bowe's draft, which targets only the 8% Zcash Community Grants allocation.
- • Currently 8% of block rewards fund Zcash Community Grants and 12% goes to a coinholder-controlled fund; Swihart would end the 12% fund as well, after honoring existing grants.
- • The debate centers on how to manage growing fund balances and how Zcash's development will be financed going forward.
Summary
Josh Swihart, founder of the Zcash Open Development Lab, has called for ending both block-reward funding streams that support the Zcash network, arguing that doing so would improve certainty and sustainability. His proposal goes beyond a draft by Sean Bowe, which would address only the 8% of block rewards that currently fund Zcash Community Grants. Swihart's plan would redirect all funds to the Network Sustainability Mechanism.
Under the current structure, 8% of block rewards go to Zcash Community Grants and 12% go to a fund controlled by coinholders. Swihart proposes winding down the 12% coinholder-controlled fund as well, while first honoring existing grant commitments and then transferring any remaining assets. The article characterizes the discussion as centering on concerns about managing growing fund balances and the long-term financing of Zcash's development.
The article also includes Pluang market data as of October 28, 2026, 00:51 WIB, showing 22 of 50 priced major cryptocurrencies rising and 27 falling that day. Among the movers cited were ONE (Harmony), down 2.71%, VET (VeChain), down 2.64%, and AAVE (Aave), down 2.58%. The market snapshot is not directly tied to the Zcash proposal.
Under the current structure, 8% of block rewards go to Zcash Community Grants and 12% go to a fund controlled by coinholders. Swihart proposes winding down the 12% coinholder-controlled fund as well, while first honoring existing grant commitments and then transferring any remaining assets. The article characterizes the discussion as centering on concerns about managing growing fund balances and the long-term financing of Zcash's development.
The article also includes Pluang market data as of October 28, 2026, 00:51 WIB, showing 22 of 50 priced major cryptocurrencies rising and 27 falling that day. Among the movers cited were ONE (Harmony), down 2.71%, VET (VeChain), down 2.64%, and AAVE (Aave), down 2.58%. The market snapshot is not directly tied to the Zcash proposal.
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