November 9, 2019 zCash community considers long-term governance structure and funding.

zCash has a Founder’s Reward that allocates 10% of the total ZEC supply to a variety of early investors, team members, the zCash Foundation, and the zCash Company. This ongoing reward expires in late 2020, and it is uncertain under the current protocol rules how ongoing funding for developing and management will be maintained after this time. As a result, a variety of community members (including funds with positions in ZEC) have proposed alternative management structures that would implement a new form of ongoing funding, though potentially managed in a different corporate structure. The community has not decided on the proposals yet, which would likely be implemented as a fork in late 2020. Additionally, the Company recently agreed to share rights to the zCash trademark with the Foundation, aiming to further decentralize the network.

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