Zcash community votes to allocate 20% of network mining rewards to support development
The Zcash community has voted on a new methodology for distributing network mining rewards to support the development of the privacy-oriented cryptocurrency.
Per the voting decision, 20% of the Zcash mining rewards will be allocated to a development fund, while miners will get 80% as of block 1,046,400.
The development funds will be distributed among different parties. Electric Coin Company will get 7% of mining rewards, the Zcash Foundation will get 5% and the rest 8% will be used for grants to third-party developers.
The new rewarding structure would get implemented in November 2020 if the Zcash Foundation and Electric Coin Company – the main firm behind Zcash’s development – agree to go ahead with it.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.