Zeros

Zcash Board Resignation: What It Means for Privacy-Focused Digital Assets The recent dissolution of the Zcash Foundation board and the subsequent launch of cashZ have sent ripples through the privacy digital currency community. For those watching the space closely, this transition raises important questions about governance, independence, and the future of privacy-preserving financial technology. What Actually Happened The Electric Coin Company's board of directors resigned in November 2024, followed by the formation of a new entity called cashZ. This wasn't a crisis of confidence but rather a strategic pivot. The departing leadership moved to create cashZ, positioning it as a commercial wallet company separate from the protocol development organization. This separation reflects a growing tension in digital asset ecosystems: the difference between those who build infrastructure and those who govern its evolution. Clearing Up the Zerocoin Confusion Here's wh...

The Pi Coin "Layer-1" Blockchain Claim Doesn't Add Up If you recently stumbled across a tweet claiming Pi Coin has, its own blockchain... a layer-1 blockchain , you might want to pause before taking that at face value. By definition, calling something a layer-1 blockchain  while also claiming it's entirely independent is contradictory—and highlights a fundamental misunderstanding of blockchain architecture. What Layer-1 Actually Means In blockchain terminology, Layer-1 refers to the base blockchain protocol —think Bitcoin , Ethereum , or Solana . These are the foundational networks that everything else builds on top of. When projects talk about being layer-1 , they're positioning themselves as base-layer infrastructure. But here's the catch : Pi Network actually runs on an adaptation of the Stellar Consensus Protocol , not a wholly original blockchain architecture built from scratch. So while Pi Network markets itself as having its own layer-1 ...