Zcash will award Orchard retroactive 1500000 USD bounties
BIBIBI
AT A GLANCE
Zcash The relevant votes approved two bounty proposals, under which Orchard vulnerability discoverer Taylor Hornby would receive a total of 1500000 USD。
Article
Zcash will award to Orchard retroactively award the vulnerability discoverer 1500000 USD bounties
BlockBeats reports,September 30，Zcash the Q3 token-holder-directed retroactive grants program vote results show that, for Orchard vulnerability discoverer Taylor Hornby's two bounty proposals were both approved, including the 750000 USD vulnerability bounty he applied for, as well as an additional 750000 USD bonus nominated by a community member, for a total of 1500000 USD. The grantee must subsequently complete KYC and the fund disbursement process.
Original link https://m.theblockbeats.info/flash/369695
Key points
01
September 30，Zcash The Q3 token-holder-directed retroactive grants program vote results show that both bounty proposals concerning Taylor Hornby were approved.
02
The two proposals were Taylor Hornby's application for a 750000 USD vulnerability bounty and an 750000 USD additional bonus nominated by a community member.
03
The two bounties total 1500000 USD。
04
Funded recipients still need to complete KYC and the fund disbursement process.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Taylor Hornby for discovering Orchard the counterfeit-coin vulnerability and receiving support from two bounty proposals. However, a passed vote does not mean the bounty has already been paid; he still needs to complete identity verification and the disbursement process.
Why it matters to readers
The vote shows that Zcash the relevant funding program is willing to reward vulnerability discoveries, but the available evidence only confirms that the proposals passed and cannot confirm that the bounty was actually paid.
Beginners should distinguish between “approval by vote” and “funds received”: what current reports confirm is that a total 1500000 USD of the proposals were approved; the subsequent process has not yet been completed.
Risks and unknowns
Evidence does not provide Zcash a governance page or formal voting record, so the voting result still lacks verification against primary materials.
Whether Taylor Hornby has completed KYC the process is unclear.
1500000 USD It remains unclear whether the funds have actually been disbursed.
The evidence does not explain Orchard the specific mechanism, scope of impact, or current remediation status of the counterfeit-coin vulnerability.
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Related concepts
Retrospective funding
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