Unexpected Collapse in the Privacy Coin Boom—Zcash Governance Internal Conflict Escalates



The privacy sector is set to revive in 2025, with Zcash achieving over 1200% growth, and its technological application prospects look promising. But the good times didn't last long. This once leading privacy coin has now fallen into governance turmoil.

On January 8th, a shocking announcement was made: Electric Coin Company(ECC)CEO Josh Swihart announced that the ECC team, a core developer of Zcash, was collectively forced to resign. What happened between this key organization driving Zcash forward and the project?

From technological innovation to personnel upheaval, all in an instant. Can the enthusiasm in the privacy track offset the gloom brought by governance risks? The industry awaits to see what Zcash's next move will be.
ZEC2,02%
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PancakeFlippavip
· 5h ago
No matter how strong the increase is, it can't save the internal corruption. The core team has already left, so how can it be played?
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ContractCollectorvip
· 01-09 11:50
No matter how strong the surge, it can't save the internal conflict. The core team has already dispersed, so how to proceed... This is a typical case of a "technical rally" being countered by reality.
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StableCoinKarenvip
· 01-09 11:46
No matter how high the increase, it's all pointless if the team has already run away.
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FOMOSapienvip
· 01-09 11:42
Here we go again, clearly at 1200% and still floating, then turning into internal conflicts... I've seen this trick too many times, this is the state of the crypto world.
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WagmiWarriorvip
· 01-09 11:39
No matter how strong the increase, it can't save the internal conflict. The collective resignation of ECC is indeed outrageous... The core developers have all left. Can the community's hype really hold it up?
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SigmaBrainvip
· 01-09 11:29
Wow, the core development team collectively leaving? That's the real black swan. A 1200% increase is just a joke in the face of governance risks.
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