Zcash Price Rebounds as New Proposal Challenges Mining Rewards

ZEC’s daily RSI rose above 50, while a bullish MACD crossover signaled improving momentum. Sean Bowe proposed redirecting the 8% Community Grants allocation into a long-term security reserve. The existing development treasury could reduce the need for continued grants funding, although its value fluctuates with ZEC. Zcash developers are debating a major change to the cryptocurrency’s funding model as ZEC recovers from its October correction. A proposal from co-founder Sean Bowe would redirect future community-grant rewards into a reserve intended to support network security after the current funding period.