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Zcash Canopy Activation
November 18, 2020 @ 07:00 UTC+0
Canopy is the fifth major network upgrade for Zcash, coinciding with the first Zcash halving. Canopy will establish a new development fund for the next four years. Miners will receive 80% of the mining reward. The remaining 20% will be divided between the new Major Grants Fund (8%), Electric Coin Co (7%), the Zcash Foundation (5%). The community chose “Canopy” as the name for this network upgrade to evoke themes of collaboration and a vibrant and hospitable ecosystem for many participants.