Zcash's developer Electric Coin Company (ECC) has new moves. CEO Josh Swihart recently announced that the team is adjusting its strategy—no longer confined to the non-profit operational framework, but instead creating a dedicated startup to promote the development of Zcash.
Their goal is clear: to expand Zcash to hundreds of millions of users. In his view, startups inherently possess the genes for scaling, whereas non-profit organizations have natural limitations in this regard.
What are the specific actions? ECC and the Zashi team are jointly launching a brand-new Zcash wallet product. From publicly available information, this wallet is currently in the early access phase, and interested users can apply to participate in testing.
What does this shift mean? Simply put, the Zcash ecosystem is accelerating its commercialization efforts, maintaining its privacy features while more actively vying for market share and user base. From product innovation to organizational restructuring, all point in the same direction—taking Zcash from niche to mainstream.
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NFTArchaeologis
· 7h ago
From non-profit to commercialization, this turnaround is quite interesting. Privacy coins have always been niche, but the question is how long can the niche sustain itself?
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LayerZeroHero
· 01-09 03:56
Haha, finally remembered to make money. The non-profit shell should have been shed long ago.
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unrekt.eth
· 01-09 03:50
Hmm, it's another story of "changing the organizational structure to scale up." Why does it sound so familiar?
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SoliditySurvivor
· 01-09 03:46
Finally, a team has figured it out: privacy coins need to go mainstream, they have to adopt the commercialization approach.
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SchrodingerProfit
· 01-09 03:37
Is another privacy coin about to decentralize and become centralized? The nice way to put it is commercialization; the harsh way is compromise.
Zcash's developer Electric Coin Company (ECC) has new moves. CEO Josh Swihart recently announced that the team is adjusting its strategy—no longer confined to the non-profit operational framework, but instead creating a dedicated startup to promote the development of Zcash.
Their goal is clear: to expand Zcash to hundreds of millions of users. In his view, startups inherently possess the genes for scaling, whereas non-profit organizations have natural limitations in this regard.
What are the specific actions? ECC and the Zashi team are jointly launching a brand-new Zcash wallet product. From publicly available information, this wallet is currently in the early access phase, and interested users can apply to participate in testing.
What does this shift mean? Simply put, the Zcash ecosystem is accelerating its commercialization efforts, maintaining its privacy features while more actively vying for market share and user base. From product innovation to organizational restructuring, all point in the same direction—taking Zcash from niche to mainstream.