Zcash coinholders approve $8.39 million in retroactive grants

  • Zcash coinholders approved $8.39 million in Q3 2026 retroactive grants.
  • Taylor Hornby received $1.5 million for disclosing an Orchard counterfeiting vulnerability.
  • More than 4 million ZEC is secured by Ironwood.

Zcash coinholders approved $8.39 million in retroactive grants in the Q3 2026 round, funding 17 of 37 proposals and covering 93.1% of the $9.01 million requested. Zcash cofounder Zooko Wilcox said the network distributed more than $8 million to contributors, including people who worked to protect users during this year's AI bug crisis, and described the coinholder-directed process as a sustainable, capture-resistant form of self-funding and governance. Taylor Hornby received $1.5 million for disclosing a critical counterfeiting vulnerability in Zcash's Orchard shielded pool after conducting a targeted review with Anthropic's AI model. The latest account says the Ironwood Upgrade, NU6.3, activated on July 28, 2026, sealing the vulnerable pool, while earlier reporting described an NU6.2 deployment with a corrected circuit. Coinholders also approved ZODL's $1.95 million grant for Q1-Q2 core protocol work, during which 10 major vulnerabilities were remediated and 162 pull requests were merged. More than 4 million ZEC, valued at nearly $5.8 billion, is now secured by Ironwood.

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