Zcash community approves $8.39 million in retroactive grants following Orchard bug fix
Zcash holders have voted to approve roughly $8.39 million in retroactive funding across 17 proposals, rewarding developers and researchers who resolved a critical vulnerability in the network's Orchard shielded pool.
Zcash holders have approved approximately $8.39 million across 17 retroactive grant proposals covering security, research, development, and ecosystem initiatives. According to community data reported by The Block and Wu Blockchain, 17 of 37 submitted proposals secured funding during the quarterly vote, with roughly 2.18 million ZEC participating.[1][2][3]
A key focus of the payout involves remediation of a critical Orchard counterfeiting flaw disclosed earlier this year. The vulnerability threatened Zcash's shielded pool and prompted an emergency response from developers. The approved distribution includes $1.5 million for researchers who helped identify and coordinate the response to the flaw. In addition, Zcash co-founder Zooko Wilcox stated that several million dollars will go to developers and security researchers who audited code, resolved the bug, and delivered the Ironwood upgrade.[1][2][3]
OpenZcash noted that the quarterly round follows a retroactive model designed to compensate teams for delivered, verifiable work rather than distributing capital ahead of project completion.[2]
Key facts
- Zcash token holders approved approximately $8.39 million in retroactive grants covering security, research, development, and ecosystem work.
- A total of 17 out of 37 submitted proposals received funding, with roughly 2.18 million ZEC cast in the community vote.
- The approved funding includes $1.5 million for researchers who assisted in finding and addressing the Orchard vulnerability.
- The Orchard bug threatened the integrity of Zcash's shielded pool and prompted an emergency response earlier this year.
- Zcash co-founder Zooko Wilcox said several million dollars will compensate researchers and developers who audited code, patched the Orchard bug, and launched the Ironwood upgrade.
- OpenZcash stated the distribution rewards completed contributions rather than prepaying for uncompleted projects.
Sources · 3 sources
- TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Zcash holders approved $8.39 million in retroactive grants, including $1.5 million tied to the critical Orchard counterfeiting vulnerability disclosed earlier this year. 17 of 37 proposals were funded, with 2.18 million zcash:native participating in the vote. https://t.co/ADWkRjwTdk
Open source - BS
BSCN@BSCNewsPost on X ·
Zcash Holders Approve Millions For Security Work Zcash (@Zcash) zcash:native holders have approved $8.39 million in retroactive grants covering security, research, development and ecosystem work. The funding includes $1.5 million for researchers who helped identify and respond to the Orchard vulnerability. The bug threatened Zcash’s shielded pool and triggered an emergency response from developers earlier this year. The latest funding round rewards completed work, rather than allocating money toward projects before delivery. OpenZcash said 17 of 37 submitted proposals received funding during the latest quarterly distribution.
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
Zcash Community Approves $8.4 Million in Retroactive Grants After Orchard Bug Zcash co-founder Zooko Wilcox said the latest community vote approved more than $8 million in retroactive grants, including several million dollars for developers and security researchers involved in discovering and fixing the critical Orchard vulnerability, auditing the code and delivering the Ironwood upgrade. Community data show 17 proposals totaling about $8.39 million were approved, with roughly 2.18 million ZEC participating in the vote.
Open source