CoinVoice has learned that former ECC CEO Josh Swihart announced that due to serious disagreements with some directors of the Zcash Governance Body Bootstrap (ZCAM) on the mission, all members of the Electric Coin Company (ECC) resigned collectively yesterday and are establishing a new company to continue developing Zcash-related privacy technology.
Swihart emphasized that the Zcash protocol itself is unaffected. This move aims to resist destructive interventions from the governance layer and ensure the team can sustainably pursue the vision of an "unstoppable private currency."
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CoinVoice has learned that former ECC CEO Josh Swihart announced that due to serious disagreements with some directors of the Zcash Governance Body Bootstrap (ZCAM) on the mission, all members of the Electric Coin Company (ECC) resigned collectively yesterday and are establishing a new company to continue developing Zcash-related privacy technology.
Swihart emphasized that the Zcash protocol itself is unaffected. This move aims to resist destructive interventions from the governance layer and ensure the team can sustainably pursue the vision of an "unstoppable private currency."