Zcash Overhauls Governance Framework, Phases Out Developer Block Rewards

The Zcash network has implemented a major governance restructuring that marks a significant shift in how the protocol allocates its block rewards. Under the previous model, a portion of mining rewards flowed automatically to the Zcash Foundation and Electronic Coin Company to fund ongoing development and ecosystem initiatives.

This arrangement has now been discontinued as part of a broader protocol governance refresh. The change signals Zcash's evolving approach to decentralized decision-making and funding mechanisms, moving away from the fixed allocation model toward a governance-driven framework.

The update reflects the community's push for greater transparency and control over protocol resource allocation, a recurring theme in mature blockchain ecosystems seeking sustainable funding without centralized intermediaries.