Tyler Winklevoss calls to end Zcash's 'USAID' as funding dispute widens

Zcash faces a dispute over its $125 million developer funding, with co-founder Sean Bowe proposing to end automatic payments to the Zcash Community Grants (ZCG) and redirect block rewards to the Network Sustainability Mechanism. Gemini co-founder Tyler Winklevoss and ZODL founder Josh Swihart have pushed for broader cuts, with Winklevoss declaring it is time to end the "USAID of Zcash." A rival proposal by Maxime Desalle seeks to dissolve ZCG entirely and transfer its treasury to the NSM. The debate intensifies as Zcash approaches its 10th anniversary, with scrutiny on how newly created ZEC is allocated.