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...