Zcash faces internal upheaval as ElectricCoinCo, the core development team behind the privacy-focused protocol, has departed to pursue a new venture. The split stems from governance disagreements within the ecosystem. Market reaction was swift—ZEC initially tumbled on the announcement before staging a recovery. This development highlights tensions around project leadership and direction in privacy coin development, with implications for the Zcash ecosystem moving forward.
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WalletDoomsDay
· 01-09 03:50
Another round of "We have different ideas, goodbye," the privacy coin track is really intense.
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RektRecorder
· 01-09 03:49
Another VC capital's scheme to harvest retail investors. Last year, so many privacy coin projects had issues, I've seen through it long ago.
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LiquiditySurfer
· 01-09 03:49
Zcash's recent governance split... To put it simply, it's a matter of market-making principles not aligning. Whoever holds the voice authority can determine the direction of capital efficiency.
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PumpDetector
· 01-09 03:44
lol here we go again... governance drama = institutional exit signal if u know how to read between the lines. zec dumped then pumped, classic whale accumulation pattern during chaos. seen this movie b4 mt.gox era, ppl panic sell when leadership splits but smart money already positioned. ngl the real question is who's buying the dip rn
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MoonBoi42
· 01-09 03:44
Another internal split... The fire of privacy coins is really becoming harder to sustain. ECC's departure directly hits Zcash's weakest spot.
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Ser_Liquidated
· 01-09 03:41
Zcash is starting internal conflicts again; this privacy coin race is really interesting.
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GasFeeVictim
· 01-09 03:40
Another big team has run away, the privacy coin space is really competitive.
Zcash faces internal upheaval as ElectricCoinCo, the core development team behind the privacy-focused protocol, has departed to pursue a new venture. The split stems from governance disagreements within the ecosystem. Market reaction was swift—ZEC initially tumbled on the announcement before staging a recovery. This development highlights tensions around project leadership and direction in privacy coin development, with implications for the Zcash ecosystem moving forward.