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Zcash launches new strategy: establishing a startup to promote scaling, with new wallet products already in internal testing.
【Blockchain Rhythm】Zcash ecosystem has new developments. On January 9th, the CEO of the Zcash core development team Electric Coin Company (ECC), Josh Swihart, announced a major news: they have decided to establish a brand-new startup dedicated to scaling the development of Zcash.
From Josh’s statement, the logic behind it is quite clear—the goal of reaching billions of users is better suited for startups. While non-profit organizations have advantages in development and community governance, rapid ecosystem expansion and commercialization still rely on the flexible mechanisms of startups.
The first step of this move has already been unveiled: they launched a brand-new Zcash wallet product. This wallet is jointly developed by ECC and the Zashi team, and they are currently inviting users to sign up via email for early access. Judging by the speed of product deployment, this wave of upgrades in the Zcash ecosystem is indeed accelerating.