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Taking donations for Xcash
Today, Zcash community member hloo announced Ycash, advertised as the first “friendly fork” of Zcash. The friendly fork is originally a Zooko construction, with him noting that, distinct from most other chain forks, a friendly fork results when there’s one persistent blockchain and no schism in the community.
Ycash presents 3 major changes to Zcash:
1. Ycash will reduce the Founders Reward rate from 20% to a perpetual 5%, which will exactly preserve the original 21 million coin cap on the Founders Reward.
2. Ycash will direct the remaining Founders Reward to a newly formed nonprofit named the Ycash Foundation.
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