The Zcash Foundation recently responded to the topic of Electric Coin Company (ECC) establishing a new company. Many people are concerned that this could impact the ecosystem, but the foundation clarified directly: no.
The core logic is simple—Zcash is essentially an open-source decentralized protocol, and there is no such thing as a "single leader." Independent nodes around the world are running the network, and no one can control it. Organizational adjustments, such as changes on ECC's side, do not affect the operation of the protocol itself.
The foundation emphasized several concrete points: blocks are generated as usual, transactions are processed as usual, and the mainnet is running stably. Key indicators such as user asset security and privacy protection remain unchanged. Core tasks like protocol development, research funding, infrastructure construction, and governance will continue as usual.
In plain terms, this is the benefit of decentralization—changes in a single organization or team do not affect the network. As an independent chain, Zcash's stability comes from the distributed nature of its architecture, not from any centralized entity.
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OnChainArchaeologist
· 01-09 05:57
Honestly, this round of clarification came in a timely manner. In fact, truly decentralized projects should be like this—no matter how the organization manipulates the protocol, it still runs smoothly.
However, it must be admitted that most people are still easily frightened by such "personnel changes," always thinking that if someone leaves the project, it will be the end. This just shows that many blockchains haven't truly achieved decentralization at all, with a bunch of centralized features disguised as distributed.
ZEC's approach this time provides a good example—transparent, straightforward, no nonsense. Privacy coins have always deserved to be treated this way—hardcore.
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TestnetNomad
· 01-09 05:35
Now I feel at ease. I thought ZEC was going to have issues.
Decentralization is powerful. No matter how much you mess around, you can't die.
No matter how ECC handles it, it has nothing to do with us. The protocol runs as usual, and the coin remains a coin.
Once again, it proves how resilient true decentralization is—much more reliable than projects that only talk about decentralization.
Honestly, this response has alleviated a lot of FUD. As long as the nodes are running, it can never crash.
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quietly_staking
· 01-09 05:35
No need to worry, decentralization is just that tough.
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LazyDevMiner
· 01-09 05:30
Decentralization is this feeling; no one can hold the entire picture.
The Zcash Foundation recently responded to the topic of Electric Coin Company (ECC) establishing a new company. Many people are concerned that this could impact the ecosystem, but the foundation clarified directly: no.
The core logic is simple—Zcash is essentially an open-source decentralized protocol, and there is no such thing as a "single leader." Independent nodes around the world are running the network, and no one can control it. Organizational adjustments, such as changes on ECC's side, do not affect the operation of the protocol itself.
The foundation emphasized several concrete points: blocks are generated as usual, transactions are processed as usual, and the mainnet is running stably. Key indicators such as user asset security and privacy protection remain unchanged. Core tasks like protocol development, research funding, infrastructure construction, and governance will continue as usual.
In plain terms, this is the benefit of decentralization—changes in a single organization or team do not affect the network. As an independent chain, Zcash's stability comes from the distributed nature of its architecture, not from any centralized entity.