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ECC Development Team Collective Resignation and the New CEO's 'Reorganization'
Source: TokenPost Original Title: [Token Analysis] ECC Development Team Mass Resignation and the New CEO’s ‘Reorganization’ Original Link: Zcash, one of the leading privacy coins(Zcash, ZEC), is facing an unprecedented governance crisis. This is due to the fact that almost all employees of the core developer company(Electric Coin Company, hereafter referred to as ECC), have effectively resigned(Exodus).
Following the mass departure of the ECC development team, the Zcash community is exploring new survival strategies centered around CEO Josh Swihart(Josh Swihart).
Unprecedented ‘Mass Resignation’, Cause: Governance Conflict
The ECC development team resigned en masse due to board conflicts but announced plans to establish an independent entity to directly address the crisis with a ‘product and user-centric’ strategy.