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[Zcash Development Funding Excessive; Community Proposes Four Adjustments to Block Rewards] Bankless points out that Zcash's development funding program, amounting to approximately $125 million, far exceeds its spending needs. Sean Bowe, co-founder of Zcash and head of Tachyon, has proposed a draft bill suggesting terminating the allocation of 8% of block rewards to ZCG during network upgrades. The community currently has four proposals involving terminating ZCG funding, eliminating the development fund allocation mechanism, or gradually reducing the allocation percentage to zero.

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