Privacy project Electric Coin recently announced on the X platform that the Zcash community will be launching a one-year development fund in November. Under this new model, 8% of the block rewards generated by the Zcash network will be donated to the Zcash Community Grant Organization (ZCG). These funds will exclusively support independent teams and individuals in their development work related to Zcash. This initiative aims to promote the continuous development and innovation of the Zcash technology ecosystem, as well as strengthen the community's investment and support for the future of Zcash.