Zcash Co-Founder Proposes Ending $125M Grants Program
Sean Bowe suggests redirecting Zcash's share of new ZEC issuance to a network reserve instead of automatic grants.
Sean Bowe suggests redirecting Zcash's share of new ZEC issuance to a network reserve instead of automatic grants. Zcash (ZEC) is trading at R$6.955 ($1,300.40), down 0.3% since this brief published. This is an original Criptano brief synthesising 2 outlets (Cointelegraph, The Block), with their figures cross-checked, plus live market data, as of Wed, 28 Oct 2026 01:00:01 UTC.
This proposal could significantly impact Zcash's funding model and treasury management, potentially shifting resources from active development projects to long-term network security and sustainability.
- Zcash co-founder Sean Bowe proposes ending the automatic $125M+ grants program.
- Funds could be redirected to a network reserve instead of active project funding.
- Proposal comes as ZEC price rises 5.53% in the past 24 hours.
Both Cointelegraph and The Block report that Zcash co-founder Sean Bowe has proposed ending the automatic grants program, which currently has a treasury valuation exceeding $125 million. The outlets agree that Bowe suggests redirecting the funds to a network reserve. However, Cointelegraph emphasizes Bowe's view that the Zcash Community Grants (ZCG) has sufficient funds to continue supporting projects, while The Block focuses on the proposal's potential impact on the funding model.
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- Zcash Co-Founder Proposes Ending $125M Grants Program — this brief
Zcash co-founder Sean Bowe has proposed discontinuing the automatic funding of the grants program, which currently holds more than $125 million in treasury assets. This suggestion comes as the cryptocurrency market shows signs of stability, with 
Bitcoin experiencing a 0.83% increase in the past 24 hours.
According to multiple outlets, Bowe believes that the Zcash Community Grants (ZCG) has accumulated enough funds to sustain ongoing project support without the need for continuous automatic funding. He advocates for redirecting the share of new ZEC issuance to a network reserve, which could enhance the long-term security and sustainability of the Zcash network.
The proposal has garnered attention as Zcash's native token, ZEC, has seen a 5.53% increase in price over the past day, reaching $1304.54. This upward movement contrasts with the overall flat performance of the broader crypto market, which has a total market cap of $2.77 trillion.
The current market sentiment, as indicated by the Fear & Greed Index, remains neutral at 51. This suggests that while there is some optimism in the market, investors are still cautious about potential volatility.
If implemented, Bowe's proposal could lead to a significant restructuring of Zcash's funding mechanisms. The redirection's impact on the network's development and security will be closely watched by stakeholders and the wider crypto community.
Since this brief published about 15 hours ago, Zcash (ZEC) has moved from R$6.977,17$1,304.54 to R$6.955,03$1,300.40 — -0.32%.
The chart plots ZEC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Criptano's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Não é recomendação.
At today's peer-to-peer rate, 1 ZEC ≈ R$6,927.88 (about $1,300.40), up 5.4% over 24 hours. The real itself trades about 0.4% below the official rate on the P2P market, so a Brazilian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
Criptano extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Zcash Co-Founder Proposes Ending $125M Grants Program — questions & answers
What is Sean Bowe's proposal for Zcash's grants program?
Bowe proposes ending automatic funding and redirecting Zcash's share of new ZEC issuance to a network reserve.
How much is currently in the Zcash grants program treasury?
The treasury holds over $125 million in assets.
What is the current price of ZEC and how has it performed recently?
ZEC is priced at $1304.54, with a 24-hour increase of 5.53% and a 7-day gain of 3.74%.
How much is 1 Zcash worth in real today?
About R$6,927.88 at the live peer-to-peer (P2P) USDT rate, which is what Brazilians typically trade at — equivalent to roughly $1,300.40. The real price moves with both ZEC's US-dollar price and the USDT/BRL rate; use our Zcash in real page for any amount.
Has Zcash's price moved since this brief was published?
ZEC is down 0.32% since this brief first published — trading at R$6.955 ($1,300.40) now versus R$6.977 ($1,304.54) at publication. Criptano re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Criptano brief that synthesises reporting from Cointelegraph, The Block, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Criptano brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.