F2Pool Co-Founder Wang Chun: 'Best Decision' to Blacklist Zcash Team Over Time Zone Confusion, Cleared ZEC Last Week

F2Pool Co-Founder Wang Chun: 'Best Decision' to Blacklist Zcash Team Over Time Zone Confusion, Cleared ZEC Last Week

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News Editor
2026-09-08 05:18:29
Wang Chun, co-founder of mining pool F2Pool, recalled blacklisting the entire Zcash team six years ago after a member repeatedly confused EST and EDT. He called it one of his "best decisions," and sarcastically linked the error to a BlockFi incident where $701.4 was mistakenly sent as 701.4 BTC. Wang also revealed he cleared his ZEC position last week and switched to DOGE. The critique echoes his 2020 comments questioning the team's understanding of zkSNARKs.

F2Pool co-founder Wang Chun took to social media on September 8 to recount an incident from six years ago that led him to blacklist the entire Zcash team. According to Wang, a Zcash team member contacted him but repeatedly confused Eastern Standard Time (EST) with Eastern Daylight Time (EDT) during their communication, making it impossible to proceed. In response, he blocked the entire company.

Calling it one of the "best decisions" he has ever made, Wang also drew a sarcastic parallel to a previous BlockFi incident. He noted that BlockFi intended to send $701.4 to a user but mistakenly sent 701.4 BTC instead. "People who can't tell EST from EDT will probably also confuse BTC and USD," he wrote.

Wang further revealed that he was "very happy" to have cleared his ZEC holdings last week, swapping all of them into DOGE.

This is not the first time Wang has criticized the Zcash team. In April 2020, he posted that if the team couldn't understand how daylight saving time works, how could they claim to understand zkSNARKs? He argued that the project hired too many people who lacked a grasp of basic principles, potentially leading to its failure.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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