Odaily reports that Bankless has published a discussion on the controversy surrounding Zcash's development fund surplus, noting that the Zcash development funding program's fund size continues to expand, with net funds currently estimated at approximately $125 million, far exceeding current spending needs. Zcash co-founder and current Tachyon lead Sean Bowe has proposed a draft suggesting that the 8% block reward currently allocated to ZCG be terminated in a future network upgrade.
Regarding the development funding mechanism, four proposals have emerged in the community, involving terminating ZCG grants, abolishing the entire development fund allocation mechanism, or gradually reducing the allocation ratio to zero. Supporters argue that the current mechanism causes funds to accumulate continuously as the ZEC price rises, yet ZCG is not directly controlled by token holders; opponents worry that cutting development funding without an alternative could affect the protocol's ongoing development and maintenance. All proposals are currently still under discussion and have not yet been finalized.
