The Currency Analytics
By Steven Anderson
ZCash (ZEC) Directing Development Fund Worth in Millions
Zcash Foundation tweeted about the August 18, 2020 community call which will be a Q&A session set to discuss the structure and process of the Major Grants Review Committee.
Of note, the video call will not be live streamed, but it will be recorded and published on the Zcash Foundation's YouTube channel.
Recently, The ZCash Foundation bid farewell to their first executive director.
Josh Cincinnati, Zcash Foundation’s inaugural Executive Director, resigned recently after his 3-year-old tenure.
Of note, Josh had a major role to play in building the organization from ground up. He did a lot to ensure the Zcash expanded to meaningful decentralization.
Sydney Ifergan, the crypto expert tweeted: “There is lot of room for cryptocurrency to grow, whether for Zcash or any others, we need to keep moving in the direction of growth.”
The community call is set to bring in more news about the MGRC, voting process, the responsibilities and lot more.
Candidates who are running for the MGRC positions are beginning to introduce and propose themselves.
The Electric Coin Company recently expressed that about 8% of the total block reward (about 35% of the new dev fund) will go into a grant program that will exclusively fund…
Of note Zooko tweeted, Cryptocurrency starting to sprout up through the cracks in India, and Zcash is a part of it.
It cannot be missed that India is an important market in the coming decade, but the regulatory stance for crypto in India is quite uncertain.
Zooko also recalled on how decentralized, voluntary cooperation has been the basis of every prosperous, long-lived, orderly civilization in human history up until around 2005 or…