An impending funding crisis threatens Zcash

An impending funding crisis threatens Zcash

The mechanism that pays out 20 percent of the block rewards to people and entities tasked with developing the coin—including the Electric Coin Company (ECC) and the Zcash Foundation—is set to disappear. But to avoid criticism, and allow the network to stay decentralized—and not under the control of just one company—the ECC can’t just make the decision on behalf of the Zcash community. The community could do a normal vote, or a one-off voting mechanism could be set up to enable coin holders to participate in a vote on the Zcash blockchain where users stake their funds for a period of time.

Source: decrypt.co