2026-01-08 04:32:34

On January 8th, a major announcement came from the Zcash community. Josh Swihart, CEO of Electric Coin Company (ECC), which is responsible for the main development work, revealed a key decision: the ECC team has collectively left the original governance structure.

Why did this shift occur? According to Swihart, the issue lies with Bootstrap, a non-profit organization. Bootstrap was originally responsible for ECC governance, but recently, the two parties have experienced a "significant divergence" in governance direction. Simply put, Bootstrap's decision-making approach no longer aligns with Zcash's core mission, and this disagreement has become a critical obstacle to continued cooperation.

Following this, ECC made a major move—the team not only completely left the existing organizational system but is also planning to establish a new company. This means that the main development body of Zcash is facing a major restructuring, and the subsequent governance structure will undergo a fundamental change.

The developments over the past few weeks have laid the groundwork for this moment, but the specific details are still gradually emerging. This organizational restructuring will undoubtedly have a profound impact on the future direction of Zcash.

ZEC-3,62%

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Degen4Breakfast

· 01-11 04:32

Zcash, is there going to be internal conflict again? Bootstrap and ECC splitting up, it feels like there's a lot of underlying issues.

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LiquidityNinja

· 01-10 23:14

Zcash is leaking again? ECC directly drops Bootstrap, this is about to cause a major upheaval, privacy coin internal conflict escalates

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WalletsWatcher

· 01-08 05:02

Zcash is having internal conflicts again, this time truly splitting up ECC and Bootstrap are at odds, basically due to ideological differences, each going their own way New company is being established... feels like it will take falling into a few pits before stabilizing Governance layer mishap, is the privacy coin circle about to get chaotic? This move has people a bit worried about ZEC's future direction

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MiningDisasterSurvivor

· 01-08 05:02

Another palace intrigue drama, ECC and Bootstrap are fighting? I've been through this before, I've seen this routine too many times since 2018. Governance disagreements? Basically, it's about money. The new company is being established... Haha, who's token are they going to dilute this time? Zcash hasn't had much movement in recent years, now they're doing a restructuring? That's a bit late, buddy. Once internal strife begins, the community should have already run away. Lessons from history. I just want to see how the subsequent financing will be handled, that's the real show.

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quietly_staking

· 01-08 05:02

This is Zcash making moves again, feels like it's always restructuring. ECC says split, does Bootstrap really hold it back? Can Zcash turn things around with this overhaul? I'm a bit worried. The governance team is fighting, can the community keep up? It's both internal conflicts and a new company, is ZEC still stable? I've long seen that ECC and Bootstrap can't work together anymore. Feels like there are more stories to come from this wave, let's wait and see. Can restructuring save ZEC? Honestly, it's a bit uncertain. In such a competitive privacy coin track, Zcash is stirring up its own drama.

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ChainWanderingPoet

· 01-08 04:41

Is it internal strife again? ZEC is heading for a downturn. --- Bootstrap failed, no wonder ECC is leaving. --- The story of privacy coins is becoming more and more surreal, the big move is starting. --- No way, ECC all resigning and restructuring? That’s going to be intense. --- Governance split = a dangerous signal for the token, I scoff. --- Josh wants to go solo? ZEC is about to split. --- Watch the show, the privacy coin ecosystem is about to undergo a major reshuffle. --- Bootstrap, what did you do? Forcing the core team to leave. --- Restructuring ≈ bad news, ZEC holders should be worried. --- What the heck, is this palace intrigue? The development team has all run away.

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