Zcash co-founder Sean Bowe proposes shifting the committee's 8% share of new ZEC emissions into a reserve for future miners, marking a potential shift in the network's long-term token supply structure.
Zcash co-founder Sean Bowe has proposed a structural change to the token emission model that would redirect the committee's 8% share of newly minted ZEC toward a reserve fund for future miners. This shift aims to alter long-term supply dynamics by ensuring future mining incentives are secured, while explicitly excluding any clawback of funds already distributed to the committee.
The committee will retain all funds that have already been distributed to them prior to the proposal.
The 8% share will be redirected to a reserve fund specifically intended to support future miners.
Zcash co-founder Sean Bowe has introduced a proposal to reallocate the 8% share of newly minted ZEC currently designated for the committee. The plan would redirect these funds into a reserve specifically for future miners, while ensuring the committee retains its previously accrued assets.
The proposal seeks to stop the 8% allocation of newly minted ZEC to the committee and instead divert those funds to a reserve for future miners.