Odaily reported on November 12, 2026, at 13:57:07 UTC+08:00 that the Zcash community was scheduled to vote from November 16 to 30 on a proposal to change how some ZEC is allocated. At the time of the report, the changes had not been approved.
The proposal would remove 50,000 ZEC from the community grants treasury—about 55% of its roughly 91,453 ZEC. If approved and activated in a network upgrade, ZCG would have 30 days to take those tokens out of circulation. Their value would be counted toward a network sustainability mechanism reserve.
It would also end ZCG’s current allocation of 8% of newly issued ZEC. That share would instead accumulate in a new fund for future development and legal defense until the next halving. The new fund could not initially spend its ZEC; a separate proposal would be needed to define how withdrawals work.
ZCG would retain the rest of the grants treasury and continue issuing grants. The 12% fund controlled by token holders would remain unchanged. These are proposed changes to ZEC allocations, not a change in who owns the Zcash network.
Original report: Odaily, November 12, 2026, 13:57:07 UTC+08:00