The Zcash core development team collectively resigned and founded CashZ, a for-profit wallet startup using legacy code. The news sent ZEC plummeting 21%, reigniting debate over privacy coin governance.
A former Zcash core team has launched the privacy wallet CASHZ after leaving ECC over a governance dispute. The move adds a new layer of uncertainty around Zcash development and ecosystem direction.
A former ECC Zcash team unveiled plans for the cashZ wallet shortly after exiting Electric Coin Co. The app will build on Zashi’s codebase, include a migration path for users, and stay focused on scaling Zcash rather than launching a new coin.
