ZEC Dev Team Walks Out: Is This The End of Privacy Coins? š¤Æ
The entire Electric Coin Company team building $ZEC just resigned en masse following a massive governance breakdown with the Bootstrap board. CEO Josh Swihart called it a "constructive discharge."
These are the original builders of Zcash privacy tech, and they chose mission over structure, immediately forming a new entity focused on "unstoppable private money." The protocol lives on, but the roadmap is now a giant question mark. š
$ZEC immediately tanked over 14% on the news, proving that governance risk is often the most dangerous, off-chain threat in crypto. Same builders, new structure, massive uncertainty.
#Zcash #CryptoGovernance #PrivacyTech š

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