In July 2019, the forth-coming Ycash Foundation will launch and maintain Ycash, the first "friendly fork" of the Zcash ($ZEC) blockchain, according to a Zcash community forum announcement. The fork will initiate at block height 570,000 and will implement two changes: Founders Reward rate will decrease from 20% to a perpetual 5% and Ycash will direct the Founder Reward in its entirety to the Ycash Foundation non-profit organization.