Grayscale states that Zcash's Dev Fund directs 20% of mining rewards into research and development, with the remaining 80% going to miners, a structure it says keeps the ecosystem free from venture capital funding. According to the post, Dev Fund resources recently supported Ironwood, described as a new pool with advanced privacy features. Grayscale characterizes Zcash as leading financial privacy through innovation. Further detail is provided in a piece by @LowBeta on The Stack. The post is a promotional highlight rather than a technical announcement, and no figures beyond the reward split are given.

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3 accounts

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Leviathan +8.3 h later

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−0.9% 24h after post

$1,248 → $1,236
BTC −0.5% same window
Elfa measured −2.7% 1d · moved with the market · still measuring

Thread · 1 event
  1. First reportGrayscale highlights Zcash’s protocol-funded development and Ironwood privacy pool3 acc.
  2. Leviathan published this article

All times UTC.

Cited posts

  • @LowBeta Zach PandlFirst reportOn X ↗

    Zcash $ZEC turns 10yrs old on Wednesday! It has kept innovating over time, including by upgrading its privacy pools Quick blog post from Grayscale Research: https://t.co/DI1pJbtpvX

  • @crypto_banter Crypto BanterOn X ↗

    🚨ZCASH KEEPS INNOVATING WITH BUILT-IN DEV FUND!@Grayscale just published a note saying Zcash has continued evolving for 10 years because it builds R&D funding directly into the protocol. Miners take 80% of block rewards while 20% goes to a Dev Fund. Most chains rely on…

  • @PorterNovaX PorterOn X ↗

    Zcash turns 10 this week. And Grayscale just highlighted something the market keeps overlooking. 80% of block rewards go to miners. 20% goes towards funding development. That means Zcash has a built in mechanism to fund its own innovation. Sprout Sapling Orchard Ironwood A… https://t.co/raHKV8LoM2

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Positioning · ZEC

Open939 open positions · 849 long · 90 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 26 Oct 23:35 UTC.

Reaction since the first post

Since 26 Oct 15:23 UTC3 calls opened · 2 long · 1 short

Whole crypto market, not this story

Crowding0th percentile · vs last 28 days, 50 typical
Pulse 24h31/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.1% long · 10,752 accounts

As of 26 Oct 23:30 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of

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