Zcash Development Team Quits Electric Coin Company After Governance Clash; New Firm Announced
Zcash’s core development team resigned from Electric Coin Company (ECC) after a governance dispute with the nonprofit Bootstrap and said it plans to form a new company to continue protocol work. The market response was immediate, with ZEC sliding sharply in the hours after the news as uncertainty around governance continuity hit confidence.
Zcash Price Stalls as Arthur Hayes Backs Its Privacy Model
Zcash’s price remains range-bound even as former exchange executive Arthur Hayes publicly champions the asset’s privacy model, leaving market participants without a clear directional catalyst. The current holding pattern reflects a disconnect between Zcash’s advanced cryptography and the limited on-chain adoption of its shielded features, creating uncertainty for traders and institutional treasuries.