Markets
ZEC Jumped 10.5% After Zcash Community Grants Dropped a Plan to Redirect 98,000 ZEC. Why Did Holders Object?
Zcash holders pushed back hard enough to kill a proposal redirecting nearly 100,000 ZEC, and the price jumped. But the governance fight that triggered the rally is far from settled, and what happens next could determine whether these gains stick. The Crypto Desk desk. Editor: Sam Daodu . This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Zcash ( CRYPTO:ZEC ) surged 9.5% in 24 hours after the Zcash Community Grants (ZCG) announced that it would no longer pursue a plan to redirect about 98,000 ZEC from the...
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