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Zcash Development Team Resigns En Masse as Governance Dispute Rattles ZEC Price

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Zcash Development Team Resigns En Masse as Governance Dispute Rattles ZEC Price
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TL;DR:

All members of the Electric Coin Company team behind Zcash resigned on Jan. 7 following a governance dispute with the Bootstrap board, a development that coincided with a sharp sell-off in ZEC as markets reacted to uncertainty around the project’s future.

Key Points:

  • Zcash Development Team Resigns En Masse as Governance Dispute Rattles ZEC Price
  • Related to dao in the crypto space
  • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.