ZEC has recently caused quite a stir. The entire ECC development team has resigned, and the CEO publicly accused the upper management Bootstrap of deviating from the project's mission, even using terms like "de facto dismissal." After the news broke, community discussions erupted, but the most interesting part is — the price of the coin surprisingly did not hit the limit down and is still oscillating. Is this the calm before the storm, or have the negative factors already been fully released?
From the event itself, this is definitely a "personnel earthquake." The original team announced they would start anew and continue working on the privacy coin project. It sounds a bit uncertain, but the official statement also clarified that this does not involve the protocol itself, and the technical framework remains unaffected.
In the short term, team split is definitely a bad signal. Development progress may be delayed, and community confidence could also take a hit. But looking at the long term, if the new team can operate stably and continue pushing technological updates, the fundamentals of ZEC are not necessarily on the brink of collapse. The core issue still depends on whether these people can be trusted — whether they can truly deliver results.
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FadCatcher
· 01-08 04:48
What, another team split? ZEC has quite a bit of drama
Everyone has left, yet the price hasn't dumped, which is suspicious
Let's see if the new team can really deliver something; empty talk doesn't count
The path of ZEC as a privacy coin has always been difficult, and now it's even worse
The price is still volatile, indicating the market hasn't decided how to react
Team splits are common; only those who can hold the line will win
It feels like these folks just want to seize the opportunity to go independent and develop projects, but whether they can succeed is another story
I'm a bit worried about potential development disruptions in the future
But on the other hand, privacy coins aren't doing very well right now
If the new team truly has the capability, this might actually be an opportunity
If things continue like this, how can ZEC compete with Monero?
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CoffeeOnChain
· 01-08 04:33
The price of the coin didn't drop but instead oscillated, indicating that the market has already digested this news.
Whether the new team can succeed depends on their real skills and solid code.
Another wave of developer departures—are privacy coins about to face a major change?
Team splits, to put it nicely, are called "strategic adjustments"; to be blunt, they are trust collapses.
Let's wait and see; whether these people are reliable needs time to prove.
The personnel shakeup didn't cause a dump; either the market has already given up, or there's some other secret.
Splitting off to do their own thing—this rhythm is a bit like the Ethereum Classic battle back in the day.
Really, did it have no impact? I doubt it; community confidence is intangible yet tangible.
Speaking of which, privacy coins have always had a tough time, and another personnel upheaval makes it even harder.
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OldLeekNewSickle
· 01-08 04:29
The price of the coin is not falling but instead fluctuating, which clearly indicates that someone has already run away early, and now they are just pretending to have a "quake" scene.
I've seen this kind of rhetoric too many times—first creating public opinion opposition, then claiming that the "technical framework is unaffected." No one can believe that.
Next, it depends on whether the new team is reliable, but to be honest, the line for privacy coins is getting narrower and narrower. Be careful that it doesn't turn into a Ponzi scheme mode.
ZEC has recently caused quite a stir. The entire ECC development team has resigned, and the CEO publicly accused the upper management Bootstrap of deviating from the project's mission, even using terms like "de facto dismissal." After the news broke, community discussions erupted, but the most interesting part is — the price of the coin surprisingly did not hit the limit down and is still oscillating. Is this the calm before the storm, or have the negative factors already been fully released?
From the event itself, this is definitely a "personnel earthquake." The original team announced they would start anew and continue working on the privacy coin project. It sounds a bit uncertain, but the official statement also clarified that this does not involve the protocol itself, and the technical framework remains unaffected.
In the short term, team split is definitely a bad signal. Development progress may be delayed, and community confidence could also take a hit. But looking at the long term, if the new team can operate stably and continue pushing technological updates, the fundamentals of ZEC are not necessarily on the brink of collapse. The core issue still depends on whether these people can be trusted — whether they can truly deliver results.