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#crypto governance

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Zcash Grants Committee Scraps Plan to Redirect 98,000 ZEC to Future Mining Rewards
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Zcash Grants Committee Scraps Plan to Redirect 98,000 ZEC to Future Mining Rewards

Key Highlights: Zcash Community Grants (ZCG) has officially dropped its proposal to redirect roughly 98,000 $ZEC toward the network’s future mining rewards. The abandoned plan aimed to transfer 36,200 $ZEC from ZCG’s current reserves and significantly curb future inflows through the 2028 and 2032 halvings. The decision follows internal friction and intense debate regarding treasury ...

Zcash Grants Group Proposes $124M Compromise Amid Growing Governance Backlash
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Zcash Grants Group Proposes $124M Compromise Amid Growing Governance Backlash

Key Highlights Zcash Community Grants (ZCG) has proposed shifting 36,200 ZECโ€”valued at approximately $46 millionโ€”from its treasury to the Network Sustainability Mechanism to support future block rewards. The proposal also calls for forgoing around 62,000 ZEC in future distributions and winding down remaining funding through the 2032 halving, directing a cumulative total of roughly 98,000 ...

Aztec Announces V6 Approval Despite Governance Dashboard Showing Voting Still Open
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Aztec Announces V6 Approval Despite Governance Dashboard Showing Voting Still Open

Key Highlights: The Aztec V6 upgrade cuts cross-chain message processing times from Ethereum down to 12โ€“30 seconds by streaming messages directly into blocks. Sequencer rewards per checkpoint will rise from 70% to 90% of the 500 $AZTEC allocation, while prover allocations drop from 150 to 50 $AZTEC. The proposal allocates 1.8 million $AZTEC to fund ...

XRP Ledger Bug Fix Delayed to November After Validator Support Dips for Two Hours
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XRP Ledger Bug Fix Delayed to November After Validator Support Dips for Two Hours

Key Highlights: A brief two-hour drop in validator consensus has delayed the deployment of the XRP Ledger’s bug fix, named fixCleanup3_4_0, to November. Support slipped below the required 80% threshold (29 of 35 default trusted validators) to 26 votes on Wednesday, resetting the mandatory 14-day continuous approval period. Following the recovery of validator backing to ...