Winklevoss Twins Propose Changes to Zcash's Funding Structure
Gemini founders advocate for Zcash to overhaul its community grants committee amid $125M treasury disputes.
Gemini founders advocate for Zcash to overhaul its community grants committee amid $125M treasury disputes. Zcash (ZEC) is trading at ₹1,18,517 ($1,243.72), down 0.3% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Fri, 30 Oct 2026 09:00:01 UTC.
The proposal highlights growing tensions around Zcash's governance and funding allocation, with potential implications for the project's future development and community trust.
- Winklevoss twins call for Zcash to disband its grants committee.
- Proposal seeks to give ZEC holders more control over $125M treasury.
- Disagreements over funding decisions are escalating.
- Winklevoss Remarks Spark Renewed Interest in Zcash
- Zcash Celebrates 10th Anniversary Amidst Developer Funding Success
- Zcash Celebrates 10th Anniversary with Focus on Its Unique Developer Funding Model
- Winklevoss Twins Propose Changes to Zcash's Funding Structure — this brief
The Winklevoss twins, founders of the Gemini cryptocurrency exchange, have called for significant changes to 
Zcash's governance structure. They advocate for the disbandment of the Zcash community grants committee, which currently oversees the allocation of funds from the project's $125 million treasury.
The proposal suggests that ZEC holders should have a more direct role in deciding how the treasury funds are used. This comes as disagreements over the committee's decisions and the allocation of resources have become more pronounced.
Zcash, known for its focus on privacy, has a unique funding model that includes a portion of mining rewards allocated to the development fund. The current governance structure, which includes the grants committee, was designed to ensure the project's long-term sustainability.
The broader cryptocurrency market remains in a state of flux, with the total market cap at $2.68 trillion and 
Bitcoin experiencing a 2.29% decline in the past 24 hours. Zcash (ZEC) has shown relative resilience, with a 0.44% increase in the same period, currently trading at $1246.88.
The outcome of this proposal could have significant implications for Zcash's future development and the broader debate about governance in cryptocurrency projects. As the discussion unfolds, it will be important to monitor how the Zcash community responds and whether other projects consider similar governance changes.
Since this brief published about 2 hours ago, Zcash (ZEC) has moved from ₹1,18,817.83$1,246.88 to ₹1,18,516.71$1,243.72 — -0.25%.
The chart plots ZEC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ZEC ≈ ₹130,279.67 (about $1,243.72), up 0.0% over 24 hours. The rupee itself trades about 9.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 30, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Winklevoss Twins Propose Changes to Zcash's Funding Stru — questions & answers
What changes are the Winklevoss twins proposing for Zcash?
They propose disbanding the grants committee and giving ZEC holders more control over the $125M treasury.
Why are the Winklevoss twins advocating for these changes?
The proposal follows growing disagreements over how Zcash's treasury funds are being allocated.
How might this affect Zcash's market position?
The outcome could impact investor confidence and influence governance trends in other crypto projects.
How much is 1 Zcash worth in rupee today?
About ₹130,279.67 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1,243.72. The rupee price moves with both ZEC's US-dollar price and the USDT/INR rate; use our Zcash in rupee page for any amount.
Has Zcash's price moved since this brief was published?
ZEC is down 0.25% since this brief first published — trading at ₹1,18,517 ($1,243.72) now versus ₹1,18,818 ($1,246.88) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.