Key facts: CRYPTO:ZECUSD reallocates 36.2k; Winklevoss Rejects Grants
Zcash/USD (ZECUSD) proposal: reallocate 36,200 ZEC to the Network Sustainability Mechanism and keep about 55,200 ZEC for grants; notes existing 8% block reward was larger than needed.Gemini CEO Tyler Winklevoss said Zcash is not a public good and its development should rely on market funding, rejecting grant-based or government-style funding mechanisms for ZECUSD.This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.