vanakkam šŸ›”ļøšŸ”„ pfp
vanakkam šŸ›”ļøšŸ”„

@vanakkam

🚨 Zcash (ZEC) & ECC Split: What You Need to Know 🚨 Zcash developers quit ECC due to governance disputes. ZEC price dropped 18% in 24h amid uncertainty. New company formed by ex ECC devs but Zcash protocol remains operational. Key Takeaways 1ļøāƒ£ Governance Crisis Leadership split between ECC and Bootstrap Board caused mass resignations 2ļøāƒ£ Market Impact Sharp price drop reflects investor panic over Zcash's future 3ļøāƒ£ Long Term Outlook Depends on resolving governance issues and attracting new developers Why It Matters Zcash's privacy tech (zk-SNARKs) is still relevant, but centralized governance flaws exposed ETF filings (Grayscale/Bitwise) show institutional interest, but short term volatility likely. What to Watch Can Zcash's community rebuild trust and maintain development? Will the new ECC spin off compete or complement Zcash? Your Move āœ… DYOR (Do Your Own Research) āœ… Follow Zcash's official channels for updates āœ… Stay cautious in volatile markets
0 reply
0 recast
4 reactions