Zcash’s $125M Funding Fight Widens: Bowe Would End Automatic Grants, Swihart Would End All of It, and Winklevoss Says “End the USAID”

Zcash’s developer-funding dispute widened, per cryptoslate: co-founder Sean Bowe proposed ending Zcash Community Grants’ automatic 8% block-reward allocation — ZCG’s treasury is put at roughly $125M — and redirecting it to the Network Sustainability Mechanism, while Josh Swihart argued for dissolving both developer streams, 20% of block rewards combined. Gemini CEO Tyler Winklevoss declared it “time to end the USAID of Zcash”; Swihart separately called the Crosslink staking proposal “not good for Zcash.”