TechFlow news, on January 8th, according to a tweet by Josh Swihart, CEO of Zcash core developer Electric Coin Company (ECC), the entire ECC team has resigned. The reason is a significant misalignment between the majority of the Bootstrap board (a nonprofit organization supporting Zcash) and the mission of Zcash. Swihart stated that Bootstrap board members Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai altered the team's employment terms, making it impossible for them to perform their duties effectively. The ECC team will establish a new company but will maintain the same mission: building unstoppable privacy currency. Swihart emphasized that the Zcash protocol is unaffected by this event, and this decision aims to protect the team's work from malicious governance actions.
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