Mars Finance News: Regarding the collective departure of the Zcash development team, the nonprofit organization behind the project, Bootstrap, clarified that the governance dispute leading to team members leaving stemmed from legal restrictions faced when seeking external investment. Discussions have been ongoing about an “alternative structure for external investment and privatization of Zashi,” while working with legal advisors to ensure that any path forward complies with US nonprofit organization laws, aligns with Zcash’s long-term mission, and does not jeopardize the broader Zcash community.
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Bootstrap: Zcash Development Team Leaves En Masse Due to Legal Restrictions When Seeking External Investment
Mars Finance News: Regarding the collective departure of the Zcash development team, the nonprofit organization behind the project, Bootstrap, clarified that the governance dispute leading to team members leaving stemmed from legal restrictions faced when seeking external investment. Discussions have been ongoing about an “alternative structure for external investment and privatization of Zashi,” while working with legal advisors to ensure that any path forward complies with US nonprofit organization laws, aligns with Zcash’s long-term mission, and does not jeopardize the broader Zcash community.