Zcash Governance Crisis Forces Full Exit of Electric Coin Company Staff

Zcash’s core development team has resigned en masse following a growing governance dispute with the non-profit board that oversees the Electric Coin Company (ECC), the primary developer of the privacy-focused blockchain.

In a statement shared on X, ECC CEO Josh Swihart said the entire team was “constructively discharged” after fundamental changes to their employment terms were imposed by the Bootstrap board, a 501(c)(3) nonprofit established to govern ECC and support the Zcash ecosystem.