Privacy coin ecosystem faces new turbulence. The core development team of Zcash recently made a major decision—to detach from the supporting non-profit organization and plan to establish a new independent company.

The team members explained the reason straightforwardly: the governance framework of the original organization does not align with the actual needs of Zcash, and there are clear strategic disagreements on both sides, which directly hindered development progress. Instead of internal disputes, key personnel from ECC chose to resign, allowing them to focus on what they believe should be done—continue to deepen their technical development in privacy coins.

The good news is that this upheaval has not affected the Zcash protocol itself. The underlying technology continues to operate normally, and security has not been compromised. However, the market is obviously a bit uneasy. After the news broke, the price of ZEC responded quickly, dropping nearly 7% within 24 hours, and currently hovers around $461. Such price fluctuations are common during project changes, as personnel changes often lead investors to reassess risks.