TechFlow news: The Zcash development team, Electric Coin Co. (ECC), has announced a restructuring aimed at enhancing the resilience and sustainability of Zcash, including reducing team size and transitioning some support functions to the broader community. The company said it will lay off 13 employees, approximately half of its workforce.
In addition, ECC plans to release a revised roadmap focused on empowering ZEC holders, launching a user-friendly PoS ZEC wallet, mobile wallet SDKs, and advancing U.S. policy initiatives. While current efforts remain centered on resolving performance issues with third-party wallets, ECC is committed to releasing Zcash 5.6.0, an updated lightwalletd, and new iOS and Android mobile SDKs.
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