Does that mean it will rise again? Or what?
Post
Kader Lone Stalker
·
--
The news of the resignation of key developers at "Electric Coin Co" (the company behind cryptocurrency $ZEC Zcash) in early 2026 sparked concern in the market, as it resulted from disputes over the new funding model and privacy direction within the network.
Here's a summary of the developments in 3 lines:
Cause of the crisis: The resignations stemmed from developers' protest against the proposed "developer tax," which they believed threatened the project's decentralization, leading some talent to move to competing projects in the privacy sector [1.3.1, 1.4.2].
Impact on price: These news caused the price of $ZEC to drop by over 12% within days, amid investors' concerns about delays in essential technical updates, such as the full transition to the "Proof of Stake" mechanism [1.2.1, 1.5.1].
Future of the project: Despite the resignations, the organization confirmed ongoing operations through alternative teams, with a focus on privacy updates compliant with international regulations.
Don't forget to hit the Like button and subscribe to get opportunities before everyone else.
Here's a summary of the developments in 3 lines:
Cause of the crisis: The resignations stemmed from developers' protest against the proposed "developer tax," which they believed threatened the project's decentralization, leading some talent to move to competing projects in the privacy sector [1.3.1, 1.4.2].
Impact on price: These news caused the price of $ZEC to drop by over 12% within days, amid investors' concerns about delays in essential technical updates, such as the full transition to the "Proof of Stake" mechanism [1.2.1, 1.5.1].
Future of the project: Despite the resignations, the organization confirmed ongoing operations through alternative teams, with a focus on privacy updates compliant with international regulations.
Don't forget to hit the Like button and subscribe to get opportunities before everyone else.