<oembed><type>rich</type><version>1.0</version><author_name>ODELL (npub1qn…w95gx)</author_name><author_url>https://nostr.ae/npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>do they not realize anybody can ask ai&#xA;&#xA;---&#xA;&#xA;At launch, Zcash diverted 20% of each block reward away from miners for the first four years. Miners received the other 80%. That 20% went to early stakeholders: founders, employees, the Electric Coin Company, the Zcash Foundation, and early investors — including VC-backed investors.&#xA;&#xA;Because Zcash had a Bitcoin-like 21 million supply schedule, that first-four-year allocation amounted to about 2.1 million ZEC, or 10% of the total eventual supply.&#xA;&#xA;Critics called it a mining tax because it was enforced by the protocol: miners had to pay it automatically in every block. Supporters argued it funded development, security, research, and ecosystem growth.&#xA;&#xA;After the first halving in 2020, the original Founders’ Reward ended and was replaced by a new development fund, still taking 20% of block rewards, but no longer paying the original founders/investors in the same way.</html></oembed>