# Grayscale credits Zcash's 20% developer fund for a decade of privacy upgrades as Miden ships a private-finance wallet stack

Grayscale, which sells Zcash exposure, points to formal verification and quantum-recovery features in the Ironwood work. Miden is pitching institutions on client-side proving and a private USDC wrapper.

- Published: 2026-10-27T05:37:50.880Z
- Canonical: https://polylog.news/crypto/2026-10-27/grayscale-credits-zcash-s-20-developer-fund-for-a-decade-of
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/grayscale-zcash-20-percent-developer-fund-innovation/), [Miden](https://miden.xyz/prifi-stack), [Miden](https://miden.xyz/blog/bread-is-privacy-baked-in)

Zcash is turning ten. In a review marking the anniversary, Grayscale argues that the network's 20% developer fund, a portion of block rewards set aside for development, paid for a decade of privacy upgrades. Grayscale cites the Ironwood wor…

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