Zcash distributes over $8 million in retroactive grants, covering AI vulnerability incident crisis responders.

BlockBeats news, October 1st, Zcash founder Zooko posted that Zcash has distributed over $8 million in retroactive grants this round, with millions of dollars awarded to those who worked to protect all users during this year's AI vulnerability crisis.

The greater significance of this funding is that Zcash has once again proven that its self-funding and self-governance system is sustainable, capture-resistant, and capable of continuous evolution. Zcash will conduct multiple rounds of similar funding every year going forward, while continuously improving the mechanism.