Zcash Community Grants scraps mining-reward proposal after criticism
Zcash Community Grants withdrew a 98,000 ZEC mining-reward plan following community backlash, sending competing funding proposals back into governance review.
Zcash Community Grants withdrew a 98,000 ZEC mining-reward plan following community backlash, sending competing funding proposals back into governance review. Zcash (ZEC) is trading at $1,320.02, up 0.8% since this brief published. This is an original TLT brief synthesising 2 outlets (Crypto Economy, Crypto.news), plus live market data, as of Wed, 04 Nov 2026 17:00:04 UTC.
The withdrawn measure concerned how Zcash funds mining incentives, with the proposal set to redirect treasury coins and reduce expected receipts through 2028. Its withdrawal leaves competing options for the community’s funding allocation unresolved.
- Zcash Community Grants withdrew the 98,000 ZEC mining-reward proposal after criticism.
- The plan would have redirected 36,200 ZEC from ZCG’s treasury.
- Expected receipts through 2028 would have fallen from 109,000 ZEC to about 47,000.
- ZEC trades at $1,309.18, up 9.00% over 24 hours.
Crypto Economy and Crypto.news agree that Zcash Community Grants withdrew its plan to redirect 98,000 ZEC toward mining rewards following community criticism. Crypto Economy provides the funding mechanics, saying the proposal would move 36,200 ZEC from ZCG’s treasury and taper income, reducing expected receipts through 2028 from 109,000 ZEC to roughly 47,000 ZEC. Crypto.news characterizes the dispute as competition over a $129 million funding allocation, while Crypto Economy emphasizes the unresolved competing proposals and their return to Zcash’s governance process; neither outlet reports a contradiction.
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- Zcash Community Grants scraps mining-reward proposal after criticism — this brief
Zcash Community Grants withdrew a proposal that would have redirected 98,000 ZEC toward mining rewards after facing criticism from the community. Both Crypto Economy and Crypto.news report that the withdrawal returned the issue to Zcash’s governance process rather than resolving how the funding allocation should proceed.
According to Crypto Economy, the proposal called for moving 36,200 ZEC from ZCG’s treasury and gradually reducing its income. Together, those changes would have lowered the organization’s expected receipts through 2028 from 109,000 ZEC to approximately 47,000 ZEC. Crypto Economy also said competing proposals remain unresolved.
The outlets corroborate the withdrawal of the 98,000 ZEC plan and its connection to community backlash, but they frame the broader dispute differently. Crypto.news describes the matter as a contest over Zcash Community Grants’ $129 million funding allocation, while Crypto Economy focuses on the proposed treasury transfer, tapered income and competing proposals awaiting consideration.
The funding question sits within a broader distribution of Zcash rewards, including incentives directed toward mining. By withdrawing the plan, ZCG avoided advancing the proposed changes immediately, but the competing funding proposals still require attention through Zcash’s governance process.
Zcash was trading at $1,309.18, up 9.00% over 24 hours and 2.05% over seven days, with a market capitalization of $22.29 billion. The wider crypto market was broadly higher, with total capitalization at $2.76 trillion and 
Bitcoin up 3.60% over 24 hours, while the Fear & Greed index stood at 34, indicating fear. The market backdrop provides context for the governance debate, but neither the supplied coverage nor the live data establishes that price performance caused the proposal’s withdrawal.
The immediate issue to watch is whether any of the competing funding proposals advance through Zcash governance and what mining allocations, treasury transfers or income schedule they contain. The live figures show a strong short-term rise in ZEC amid a broadly positive market, but the withdrawn proposal itself has no approved implementation timeline.
Since this brief published about 1 hour ago, Zcash (ZEC) has moved from $1,309.18 to $1,320.02 — +0.83%.
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 TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ZEC ≈ ₦1.83M (about $1,320.02), up 8.9% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian 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.
Figures and sectors in this story, checked live against on-chain aggregators · November 4, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Zcash Community Grants scraps mining-reward proposal after c — questions & answers
Why was the mining-reward proposal withdrawn?
Zcash Community Grants withdrew it after community criticism. The withdrawal sends the issue back into Zcash’s governance process.
How much funding was involved in the plan?
The proposal concerned 98,000 ZEC, including a planned transfer of 36,200 ZEC from ZCG’s treasury. Crypto.news described the broader allocation as $129 million.
How would the proposal have changed expected receipts?
Crypto Economy reported that expected receipts through 2028 would have declined from 109,000 ZEC to about 47,000 ZEC under the plan.
How much is 1 Zcash worth in naira today?
About ₦1.83M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1,320.02. The naira price moves with both ZEC's US-dollar price and the USDT/NGN rate; use our Zcash in naira page for any amount.
Has Zcash's price moved since this brief was published?
ZEC is up 0.83% since this brief first published — trading at $1,320.02 now versus $1,309.18 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Economy, Crypto.news, 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 TLT 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.